GMA 7 to split from Inq7.net partnership?

Network giant GMA 7 and Inquirer Publications joined in a content partnership some 7 years ago to launch the new company and news site Inq7.net. Yesterday, while I was pitching ideas for an netrepreneurship awareness campaign and awards of some sort, I was told that GMA 7 is planning to remove its interests in Inq7.net (was that a fifty-fifty split?).

So I asked my reliable source “why?” When, after 7 years in the online media and having been profitable in the last 2 years, GMA 7 wants out?

Yugatech 728x90 Reno7 Series

The answer to me was, “maybe they want to compete?

I guess so.

Nonetheless, I think Inq7 will do just as fine.

Update: I just got someone from the inside confirming this story. It was already mentioned to the employees but no details. It could be due to issues on content or profit, we can only guess.

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Avatar for Abe Olandres

Abe is the founder and Editor-in-Chief of YugaTech with over 20 years of experience in the technology industry. He is one of the pioneers of blogging in the country and considered by many as the Father of Tech Blogging in the Philippines. He is also a technology consultant, a tech columnist with several national publications, resource speaker and mentor/advisor to several start-up companies.

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