The recent deal between ABS-CBN and TV5 “left a bad taste in the mouth”, said SAGIP Party-list Rep. Rodante Marcoleta, who still sounded very upset over the supposed misdeeds of the shuttered “Kapamilya” network.
The veteran solon claimed that, aside from having a “list of violations”, ABS-CBN has, by his calculations, amassed a whopping P1.6 trillion in obligations. That’s around a third of the Philippines’ 2022 national budget.
READ MORE: https://mb.com.ph/2022/08/15/marcoleta-says-abs-cbn-tv5-deal-left-bad-taste-in-the-mouth-pegs-kapamilya-network-obligations-at-p1-6t/