News: ABS-CBN and TV5 pause investment deal to address concerns by NTC and ‘certain legislators’

MANILA, PHILIPPINES — Media giant ABS-CBN Corporation and television network TV5 Network, Inc. have decided to pause their landmark deal. The deal, which was announced on August 11, was an agreement for the former to own a minority interest in TV5. ABS-CBN was set to acquire 6,459,393 primary common shares in TV5, which adds up … Continue reading News: ABS-CBN and TV5 pause investment deal to address concerns by NTC and ‘certain legislators’