We beg to differ.
It appears that Leyte representative and House Majority Leader Ferdinand Martin Romualdez is now ready to expand his media empire from print to broadcast. The Philippine Stock Exchange had today reportedly “lifted the trading suspension of Prime Media Holdings Inc. (PRIM) after the company submitted the required comprehensive disclosure on backdoor listing.” Prime Media Holdings…
Looking back at how ABS-CBN had influenced Philippine society, one can argue that the whole franchise was a failure. Supporters of the failed network hinge the whole rationale of its existence on “media freedom”. But, while there is clear merit in media freedom, this freedom does not seem to have been applied wisely in the…
It is too bad that employees of embattled media network ABS-CBN are paying for the sins of the “journalists” of the network’s “Current Affairs” Department. After all, the primary reason ABS-CBN rubbed the powers-that-be the wrong way is because of the slanted, sloppy, mediocre “reporting” it passed off to hapless Filipino viewers as “journalism”. It…
Carlo Katigbak had one job as chief executive of embattled media conglomerate ABS-CBN. He was paid the big bucks not only to secure the investment of the company’s shareholders but to ensure an acceptable return on their investment is squeezed out of the enterprise every year. But under Katigbak’s watch, ABS-CBN share prices had gone…
Read More “Carlo Katigbak should resign as President and CEO of ABS-CBN” »
It didn’t help that the Philippines’ erstwhile top mass media corporation initially attempted to frame its legal troubles in a dishonest way and, worse, tried to pervert the honour of no less than the Philippine Senate to its corporate ends. Even in the early days, it was like a cornered animal biting at everything around…
Read More “#ABSCBN is TOAST after losing in Congress and losing in court!” »
The shutdown of media giant ABS-CBN should not have come as a surprise but, to many of the broadcast network’s employees and supporters, it was shocking and outrageous. They are acting like they didn’t know the network’s franchise to broadcast using public radio frequency was about to expire. Even the company’s executives themselves seemed baffled…
It couldn’t have been better timing. With ABS-CBN blinking out from the airwaves and Filipinos on COVID-19 lockdown, a new and very promising normal for Filipinos is on hand. Cooped up within their homes, Filipinos will soon learn how to entertain themselves without the perverted “entertainment” shoved down their throats supposedly “in the service of…
It’s almost unreal. According to a breaking Manila Bulletin report, ABS-CBN has signed off and has gone off air in compliance to a cease and desist order from the National Telecommunications Commission (NTC) after the network’s license to broadcast expired yesterday. It was lights out following its final TV Patrol broadcast. Opposition groups were, as…
Read More “Rule of Law prevails over politics as ABS-CBN goes off air” »