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ABS-CBN reportedly in advance talks w/ MediaQuest for partnership

After shutting down news about a partnership, MediaQuest Holdings and ABS-CBN have been reported by Media Newser Philippines to be in deeper communication about merging power and resources in production, news gathering, and operations.

ABS-CBN reportedly in advance talks with MediaQuest for partnership

Abs-Cbn Mediaquest

 

Realme Philippines

According to the report, ABS-CBN already has progressed conversations with Manny Pangilinan, Chairman of MediaQuest regarding the 50-50 partnership deal. With this deal, both parties will be key decision-makers on business, editorial, programming, and acquisition level plans. The details of the partnership are still vague but MediaQuest is set to be keen on acquiring ABS-CBN properties like Cignal TV’s main competitor SkyCable as opposed to just merging.

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MediaQuest has been seen to increase viewership and rating since they began carrying ABS-CBN original productions like Ang Probinsyano and ASAP Natin ‘To giving MediaQuest an equal footing despite ABS-CBN not having a broadcast franchise.

Reports also claim that the deal will be finalized in a few weeks’ time in preparation for the inauguration of President-elect Ferdinand “Bongbong” Marcos Jr. Though there are a lot of speculations about this union, there are still hazy details.

Stay tuned as we await further announcements and details

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Valiente Justin Edward
1 month ago

Next is replacing 24 Oras, State of the Nation, and Saski on GMA 7 and GTV 27, ABS-CBN News Programs like TV Patrol, and the return of Bandila are coming soon. Plus Rated Korina will soon to air on GMA 7 (replacing KMJS), and GTV 27 (replacing Biyahe Ni Drew), and the return of SOCO under Brightlight Productions will air soon on Kapamilya Channel, A2Z, TV5, One Ph, GMA 7 (replacing Imbestigador), and GTV 27!!!

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