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Friday, August 12, 2022

Luis Manzano and Jessy Mendiola Announce Pregnancy



Images courtesy of Instagram: senorita_jessy

Video courtesy of YouTube: Jessy Mendiola

Insta Scoop: Maggie Wilson Continues Revelation of Alleged Affair of Vic Consunji, Netizens Pitch In














Images courtesy of Instagram: wilsommaggie

Tweet Scoop: Netizens and COO of Pulp Live World Call Out Tropang LOL for Insensitive Question on Super Junior and Other Insinuations













Images and Video from Twitter 

FB Scoop: Sunshine Cruz Tells Followers to Leave Page if They Are Bothered by Her Choice of Outfit



Images courtesy of Facebook: Sunshine Cruz

Insta Scoop: Dimples Romana Reunites with Mara Clara Co-stars Kathryn Bernando and Julia Montes


Images courtesy of Instagram: dimplesromana

Insta Scoop: Sylvia Sanchez Reveals Strong Bond Between Maine Mendoza and Future Father-in-law Art Atayde


Images courtesy of Instagram: sylviasanchez_a

 

Insta Scoop: Karla Estrada Looks Back on the Significance To Moms of Guesting with Baby Daniel

Image courtesy of Instagram: karlaestrada1121

Roxanne Barcelo and Family Migrate to Taiwan


Image and Video courtesy of Instagram/ YouTube: Roxanne Barcelo

Insta Scoop: Jaya and Family In Search of New Home

Image courtesy of Instagram: jaya

Sy Siblings Top Forbes's PH's Richest 2022

Image courtesy of www.forbes.com

ABS-CBN and TV5 Deal is Now Official

A Historic Agreement: Mediaquest and ABS-CBN officially announce their partnership to strengthen its free to air network. Present are (L-R) Smart & PLDT President & CEO Alfredo S. Panlilio, Mediaquest Holdings President & CEO Jane J. Basas, Mediaquest Holdings Chairman Manuel V. Pangilinan, ABS-CBN Chairman Mark L. Lopez, ABS-CBN President & CEO Carlo L. Katigbak, and ABS-CBN Chief Partnership Officer Bobby V. Barreiro

TRANSACTION SUPPORTS THE NATIONAL POLICY GROWTH AND EXPANSION OF PRIVATE SECTOR ROLE IN PROVIDING EFFICIENT AND RELIABLE PUBLIC SERVICE

ABS-CBN Corporation ("ABS-CBN") and TV5 Network, Inc. (“TV5”), today announced the execution of an Investment Agreement that will allow ABS-CBN to acquire 6,459,393 primary (new) common shares in TV5 representing 34.99% of the total voting and outstanding capital stock of  TV5 for an aggregate subscription price of Php2.16Bn.  

After the consummation of this subscription, the MediaQuest group’s  equity in TV5 will be reduced to 64.79% of the voting and outstanding  capital stock and the MediaQuest group will remain to be the controlling  shareholder of TV5. 

Simultaneously with the execution of the Investment Agreement, the parties will execute a Convertible Note Agreement pursuant to which ABS CBN to invest in a Convertible Note with a face value of Php1.84Bn to be issued by TV5 (the “Convertible Note”). The Convertible Note will allow ABS-CBN, subject to obtaining applicable regulatory approvals, to acquire additional primary common shares of TV5 after 8 years from the issuance of the Convertible Note, and thereby increase its equity in TV5 to no more than 49.92% of the outstanding capital stock of TV5. 

The proceeds of the subscription in the primary common shares and the  Convertible Note in the total amount of Php4Bn will fund the capital expenditures and operating expenses of TV5 in pursuing the enhancements of its content and programming and public service  offerings.

This transaction is clearly transformational for both companies and is  envisaged to significantly enhance significantly TV5’s capability to deliver content and coverage to the Filipino public in the areas of entertainment,  news, sports and public services. This is also consistent with the national  policy of expanding the private sector’s role of supporting efficient and  reliable public services, which TV5 is expected to provide through its  nationwide network to provide increased nationwide coverage, especially  in remote areas. 

The transaction is expected to be completed within August 2022, and  closing is subject to fulfillment of certain closing conditions. 

Manuel V. Pangilinan, Chairman of Mediaquest Holdings said, “We  welcome the entry and investment of ABS-CBN in TV5, as ABS-CBN has always been the leading developer and provider of Filipino-related  entertainment content not only in the Philippines but overseas as well. Our companies have always had these cherished values of providing top and  quality programs in the service of the Filipino people and together we believe we can achieve this in greater measure and success”.  

Mark Lopez, Chairman ABS CBN said “We are excited with this partnership as we see the opportunity to help TV5 grow and strengthen its free to air network. For ABS, it presents a fantastic platform for us to achieve synergies in production content and talent management as well as maximizing our content delivery. We look forward to be of greater  service to the public as we come together in taking TV5 to the next level.” 

Carlo Katigbak, President and CEO of ABS-CBN added, “This partnership  is consistent with the strategic intention of ABS-CBN to evolve into a  storytelling company whose goal is to reach as wide an audience as  possible. In partnership with TV5, we look forward to reaching viewers both on owned platforms and through other broadcast partners, thereby  enriching the Philippine creative industry. We hope the industry evolves  from being highly competitive to increasingly collaborative, which benefits  all stakeholders in the long run.” 

The landmark deal comes after activities between the two groups have increased with more Kapamilya programs onboarded on TV5’s Kapatid  Network.

AlphaPrimus Advisors and Picazo Buyco Tan Fider & Santos advised the MediaQuest group on this transaction while the law firms of Romulo  Mabanta and Quiason Makalintal advised ABS-CBN.  



Once Asia's Fastest Woman, Lydia De Vega Dies of Cancer


Image courtesy of Facebook: Steph Mercado de Koenigswarter

Julie Anne San Jose and Gary Valenciano Take Their Collaboration To New Heights In New Song 'Di Ka Akin'

The Asia's Limitless Star and Mr. Pure Energy are joining forces for a collaboration.

That’s right, Julie Anne San Jose and Gary Valenciano have a new melodic single called “Di Ka Akin” released under Universal Records. (WATCH OFFICIAL LYRIC VIDEO HERE)

Celebrated as two of UR’s most sought-after artists for many years, this collaboration surely is a treat to their long-time fans. The track features a hypnotic mellow vibe, giving listeners an opportunity to really just let out their emotions during the times that they feel like they can’t move on from a lost love.

“Di Ka Akin” also marks as the first release after Universal Records Philippines announced its official partnership with Singapore-based music label Cross Ratio Entertainment. The partnership aims to strengthen and promote Southeast Asian music around the globe and bridge the gap between artists and audiences in neighboring countries, bringing them closer to new and existing fans in the SEA region.

The gorgeous pop ballad with Julie Anne’s writing and vocals on full display easily impressed Gary V., a reason why he said Yes to this collaboration in a heartbeat. For the OPM icon, an excellent artist like JAPS does not come very often and you really don’t want to miss an opportunity like this. And if you ask Julie Anne who wrote this song last year, she still finds the whole experience about this collaboration a dream come true.

“Di Ka Akin” is part of the New Music Friday Philippines playlist on Spotify this week.


 

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