Manila Bulletin
MB Daily News Update: A simple reason for canceling House briefing on ABS-CBN, TV5 deal
Parañaque City 2nd district Rep. Gus Tambunting, chairperson of the House Committee on Legislative Franchises, decided to remove the briefing on the ABS-CBN and TV5 deal from the committee's agenda.
Tambunting stated that the removal was a clerical decision, prioritizing the organizational meeting and discussion of various bills before addressing the deal.
The briefing was initially prompted by SAGIP Party-list Rep. Rodante Marcoleta's privilege speech questioning the legality of the ABS-CBN and TV5 deal.
Tambunting also explained that the committee received several resolutions regarding the ABS-CBN and TV5 deal, necessitating a consolidation process to avoid repetitive work.
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ABS-CBN and TV5 have agreed to pause the closing of their deal, which would allow ABS-CBN to acquire a minority interest in TV5, to address concerns from legislators and the National Telecommunications Commission (NTC).
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SAGIP Party List Representative Rodante Marcoleta urged the Philippine Competition Commission (PCC) and the National Telecommunications Commission (NTC) to investigate the reported joint venture between ABS-CBN and TV5.
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