Is business magnate Manny V. Pangilinan serious in seeking expansion for his media empire?
This is the million-dollar question after an article from Bilyonaryo was released within this week.
According to the report, Pangilinan seeks to expand their partnership with Nine Media Corporation, a media corporation owned by the Tieng family of Solar Corporation.
Pangilinan is the current Chairman of TV5 and MediaQuest Holdings, the TV station's parent company; while Nine Media Corporation is the parent company Of CNN Philippines which airs on free TV via the Channel 9 frequency of Radio Philippines Network (RPN).
Based on the article, aside from seeking a full simulcast of the games of the Philippine Basketball Association (PBA) and TV5's noontime show "Eat... Bulaga!", the Pangilinan group also seeks to simulcast some news programs of One News, TV5's cable news channel on CNN Philippines.
If we recall, some programs of One News as well as on One PH suddenly bid farewell during the last week of 2023 without prior notice.
Meanwhile, according to Bilyonaryo's source on MediaQuest Holdings, there are still no concrete plans on the rumors of planned expansion of the partnership between TV5 and CNN Philippines.