GMA-7 and TV-5 is merging this year? The article came out in the Philippine Star today, June 4, 2012.
Earlier, Manny V. Pangilinan, MVP sent a text to Arnell Ignacio, MVP clarified previous reports about him dropping a hint about GMA-7 and TV5 merger. To quote:
Meanwhile here's GMA Networks statement about the issue:
Earlier, Manny V. Pangilinan, MVP sent a text to Arnell Ignacio, MVP clarified previous reports about him dropping a hint about GMA-7 and TV5 merger. To quote:
You know Arnel, all I said was - please support TV5 here in the States. And, by the way, please support GMA 7 too (since Dish carries GMA). That was all. No mention of merger, investment combination. Certainly no mention of a November deadline, or any deadline at all. Sure, some people speculated and all I said was I can now say we, re under discussion but nothing finalized at this time."
Meanwhile here's GMA Networks statement about the issue:
GMA Network is not in a position to comment on the article that came out in the Philippine Star today, June 4, 2012, regarding the reported merger of GMA Network and TV5 since we are not the source of the information. The said article attributed the information to Mr. Manny Pangilinan (MVP). To our knowledge, MVP has clarified that he was misquoted. We therefore suggest that anyone who wishes to verify may do so with MVP."
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