MVP to make all-cash offer for GMA Network

[jacob1993]

The group of telecommunications magnate Manuel V. Pangilinan is looking to make an all-cash buyout of GMA Network Inc. as he noted that they are prepared to make a tender offer for the shares held by minority shareholders.

http://newsonph.blogspot.com/2012/06...r-for-gma.html

[Princess_Mhaee]

Talaga lang may pangbayad sila? Bayaran muna nila yung utang at ayusin muna nila pagkalugi nila!!!

[Empress_Carla]

Hindi raw sa kanila galing ang presyo, P52.5 bilyon na bilihan itinanggi ng GMA

SHOW-MY Ni Salve Asis (Pilipino Star Ngayon) Updated July 10, 2012

Nag-react kahapon ang presidente ng GMA 7 tungkol sa panibagong isyung lumabas na mahigit P52.5 B ang final amount sa magiging bentahan ng Kapuso Network.

Ayon kasi sa istoryang lumabas kahapon, isang source na familiar sa discussions at isang source na close sa seller ang nagsabi tungkol sa nabanggit na 52.5 B.

Pero sabi nga ni Mr. Gozon sa statement : “we are not the source of the information,” adding that, “we have not signed anything with the supposed buyer.”

Magkaiba ang sinasabi ng kampo ng buyer and seller kaya naloloka na ang marami sa naglalabasang balita.

Kadalasan sa business sections lumalabas ang tungkol sa bentahan na ang karaniwang source daw siyempre ay ang mga nasa business circle, pero pagdating sa kampo ng seller (GMA 7), iba ang sagot nila.

Nakailang beses nang nangyayari na may lumabas sa business section pero mabilis ang denial ng GMA7.

Consistent sila sa pagsasabing wala pa talagang final negotiations bilang hindi pa sila nagkakasundo sa presyo.

Well pinaka-maigi sigurong gawin ay hintayin na lang natin kung ano ba talaga ang kahihinatnan ng kanilang mga pag-uusap – matutuloy ba ang bilihan o hindi?

Kasi pag ang kampo ng buyer ang kausap, convincing at may mga nagsasabi pang marami nang may alam tungkol sa bilihan at maging si Ms. Anette Gozon-Abrogar, anak ni Atty. Gozon, alam na ang tungkol sa bilihan at nagkukuwento na ito tungkol dito.

Pero ‘yun nga, matigas ang pagdi-deny ng kampo nila kaya wait na lang tayo hanggang matuloy ang bilihan nila.

Wala lang kasi talagang malaking isyu sa showbiz na puwedeng balita kaya atat na ang marami sakaling magkatuluyan ang bentahan.

Nauna nang napabalita na all-cash transaction ang magiging pagbili ni Mr. Manny Pangilinan sa GMA 7. “We’re looking at an all-cash transaction. The purchase is likely to exceed the threshold that will trigger a mandatory tender offer,” sabi ni Mr. Pangilinan sa isang interview ng business section ng Philippine Star.

Tatlong pamilya ang may-ari ng GMA 7 Duavit, Gozon, and Jimenez na kailangang makumbinsi ng kumpanyang MediaQuest ni Mr. Pangilinan.

[Empress_Carla]

MVP group prepares funds for cash purchase of GMA-7

by Rappler.com
Posted on 07/12/2012 5:26 PM | Updated 07/12/2012 7:31 PM

The group of businessman Manuel V. Pangilinan is preparing its financial arsenal for the cash purchase of a controlling stake in GMA Network Inc., the country's second largest media group.

"We are talking to our bankers," Panglinan told reporters on Wednesday, July 12, when asked how the group will finance the planned acquisition that is part of its plan to have media assets side-by-side its telecommunications businesses.

Pangilinan chairs TV5, the third largest media network in the country, as well as telecommunications giant Philippine Long Distance Telephone Co. (PLDT).

“We would like to put it more in cash… We are preparing for that in the event it materializes,” said Pangilinan.

The loan arrangements for the anticipated business deal, reported to be worth P52.5 billion for an 80% stake in GMA-7, is on top of the recent sale.

PLDT sold the entire 27% stake of its wholly-owned unit ePLDT in online gaming firm PhilWeb Corp for P4.25 billion.

PLDT president Napoleon Nazareno said the Philweb sale is part of the group’s "asset repositioning for more efficient funding of future capital expenditure and investments."

This Philweb sale will be completed before the year ends. Pangilinan also said the GMA-7 purchase, which will be in made in cash, will be completed before end-2012.

Corporate vehicles: PLDT or Mediaquest

Pangilinan also said that, if and when the deal is sealed, the investment will be made either through PLDT
or MediaQuest Holdings Inc., the media holding company of the PLDT Beneficial Trust Fund.

MediaQuest was the corporate vehicle of the Pangilinan group when it acquired stakes in TV5, as well as minority stakes in broadsheets, including BusinessWorld.

“It maybe a yes or no. I think that PLDT could pick up the PDRs (Philippine depository receipts),” Pangilinan said when asked if the investment will be made via MediaQuest.

Last May, PLDT, through wholly-owned subsidiary ePLDT, announced it was investing P6 billion in the form of PDRs in MediaQuest to sustain the growth momentum of TV5 and Cignal TV.

Pangilinan said he hopes to close an investment deal with the families of Gozon, Jimenez and Duavit before the year ends.

“It is still under discussion. That timetable is beyond our control. That’s what we would like to see but it’s beyond our control because we have to go through both houses of Congress and subject to approval of the NTC (National Telecommunications Commission),” said Pangilinan.

Content and telco

Nazareno stressed that traditional telecommunications in other countries are transforming themselves, too, into a multi-media service company. The acquisition of media assets is part of that strategy.

“PLDT has a choice of strategically staying as a telco highway providing access. As you know technology on the access side of telcos are also changing drastically. At the same time, the layer above us which belongs to the internet, social media dominated by the Facebook, Google, among others is something we perceived to be a threat in the long term.

"So, we thought of getting into the content production layer and integrate the highway with content production,” said Pangilinan when asked of the value of its future investment in GMA7 despite already having TV5 on board," Nazareno said. - Rappler.com

[Milliardo]

So ibig sabihin nito titigil na din ang pag atake ng GMA sa TV5?

[nick_28]

it's the only way na mabawi ni mvp ang lugi niya sa tv5 or else patuloy ang pag-aabuno ng ibang company niya sa gastusin ng tv station nito.......

however, isa sa tv station (tv5, gma7)niya ay kailangan magpalit ng contents or else tuloy tuloy pa rin ang lugi nito....

[happyjam]

it's the only way na mabawi ni mvp ang lugi niya sa tv5 or else patuloy ang pag-aabuno ng ibang company niya sa gastusin ng tv station nito.......

however, isa sa tv station (tv5, gma7)niya ay kailangan magpalit ng contents or else tuloy tuloy pa rin ang lugi nito....

ayon sa BI eh yung TV5 daw eh magiging pure entertainment channel. pwede siguro ang rerun ng teleseryes ng GMA diyan.

[happyjam]

So ibig sabihin nito titigil na din ang pag atake ng GMA sa TV5?

babatikusin mo ba naman ang sister network mo?

[nick_28]

ayon sa BI eh yung TV5 daw eh magiging pure entertainment channel. pwede siguro ang rerun ng teleseryes ng GMA diyan.

or mga low budgeted na entertainment programs.......

kaya lang nasubukan na ito ng gma through qtv11 dati, we knew what happened then.....

pagdating sa local programming mukhang masyadong maliit talaga ang pilipinas para magkaroon ng 3 channels with same contents...

sinubukan na ito ng vintage tv,viva tv, solar entertainment lahat sila nalugi sa pagpoproduce ng local shows.......

[happyjam]

or mga low budgeted na entertainment programs.......

kaya lang nasubukan na ito ng gma through qtv11 dati, we knew what happened then.....

pagdating sa local programming mukhang masyadong maliit talaga ang pilipinas para magkaroon ng 3 channels with same contents...

sinubukan na ito ng vintage tv,viva tv, solar entertainment lahat sila nalugi sa pagpoproduce ng local shows.......

encore programming ang pwede nilang gawin.

[LM3000]

We heard that if the deal pushes through, GMA-7's sister station News TV may gone off the air as early as first quarter of next year, with plans of converting TV5 to a 24/7 news channel. If this happens, GNTV and AksyonTV will be single television news operation via TV5 (channel 5). Also, while MVP stressed that should the deal materialized, GMA-7 and TV5 would keep their management and operations divided, both the networks' talents, which includes reporters and anchors can cross-over from the two networks.

[valuga4]

gosh, bakit hindi interesado si MVP sa ABS CBN?

[quitziful]

MERGER DETAILS (Perci Intalan)


Kinulit namin ang TV5 head for creative and entertainment na si Perci M. Intalan (PMI), nang makita namin sa Artista Academy auditions, tungkol sa TV5-GMA merger, at kung bakit hindi pa ito inaamin nina GMA-7 CEO Atty. Felipe L. Gozon (FLG) at TV5 Chairman Manny V. Pangilinan.

“Honestly, ang alam ko, hindi pa lahat ayos, hayaan ko na muna kung ano ang proseso nila. However, open naman sina Atty. Gozon to the idea at inaamin naman nilang there are talks going on. So ang tsismis ay mangyayari na, sana,” napangiting pahayag ni Perci.

Usap-usapan sa buong industriya ang pagsasanib-puwersa ng TV5 at GMA-7, na obviously raw ay para mas malakas anfg puwersa laban sa ABS-CBN.

Totoo nga ba ang tsika na si MVP ang mamamahala sa GMA at si Ms Wilma Galvante ang hahawak sa TV5?

“Well, to be clear, she’s (Wilma) not in any station, I don’t know kung interesado siyang bumalik sa GMA, kasi from the sound of it talaga, nag-move on na siya, eh.

“Hindi ko alam kung ano exactly ang puwede kong i-announce the way we see it. Si Boss (MVP), kapag maganda naman ang patakbo ng GMA and it’s running naman na, hindi na niya kailangang maglagay ng tao, supervision na lang siguro. Sa amin (TV5) naman, kami-kami pa rin, ‘yung dati.

“Ako, I’m happy kasi ‘yung dating competitor stations, ngayon magkasama na, it opens a lot of possibilities for us, kasi hindi na kami competitor sa isa’t isa. Puwede na talaga kaming magpatuloy, kasi ang maganda lang ang GMA mas conservative ang mainstream (programs), kami mas nag-e-experiment, alternative. So kung magpapatuloy kaming dalawa (GMA at TV5) na ganu’n, hindi kami magka-clash.

“Dito (reality shows) lang naman kami may clash, eh, kasi we’re doing Artista Academy and they’re doing Protégé, kasi kailangan namin ng artista at kailangan din naman nila, so ganu’n,” paliwanag niya.

Two against one na pala ang labanan dahil dalawang network na ang sasagupa sa Dos?

“Malaki rin naman sila (ABS-CBN),” napangiting sagot ni PMI. “Ah, kahit ‘di pa mag-merge, dapat na silang kabahan, ha-ha-ha,” biro ng TV executive sa amin.

“Hindi ganu’n, alam naman natin na si MVP, ang spirit na dala niya, ang corporate philosophy niya is really very aggressive and dynamic, so laging mayroong innovation na ginagawa at hindi lang sa TV, pati sa Telco, hospital… ‘kita n’yo naman ang nangyari sa Makati Medical Center when we took over.

“It’s something na kahit na hindi pa mangyari ang merger, ‘yun ang exciting sa industriya. Ang TV5 kasi marami na kaming nasubukan and somehow, medyo na-shake rin ‘yung industriya. Kasi before I came along, very standard na, pare-pareho ang soap, so ngayon, nag-iiba na. ‘Kita mo nga ang ABS, ang dami na rin nilang bagong ginagawa, ang GMA to be fair, ang dami na ring ginagawang bago na hindi ko sasabihing dahil ginaya nila kami, pero parang na-challenge sila to try out new things, otherwise, baka mauna pa kaming mag-try which is good.

“Kita ko nga ‘yung bagong soap ng ABS, eh, ‘yung Lorenzo’s Time, they’ve been doing a lot of soap na bago ang istorya, which is good. It’s something na hindi nila ginagawa before, dati mas traditional ang mga soap.

“Ngayon, nag-experiment na sila like 100 Days, Budoy, at itong Lorenzo’s Time which is very encouraging,” sabi pa ni Perci.

[Milliardo]

gosh, bakit hindi interesado si MVP sa ABS CBN?

Di niya kaya ang ABS-CBN, saka mahigpit control ng ma Lopez sa ABS-CBN.

[Milliardo]

Now that I think about it, pwede din itong tactic ni MVP to get GMA out of business for good. Tactic ito ng mga companies from time to time--buy out your rival, then let it rot into some hell pit while you maintain your flagship carrier. It's killing two birds with one stone: you won your rival and you can do anything you want with it. Most who own business and are secure with it will takeover the rival and either merge it with their current business, or else let the new acquisition die (if they can afford to do that).

[nick_28]

We heard that if the deal pushes through, GMA-7's sister station News TV may gone off the air as early as first quarter of next year, with plans of converting TV5 to a 24/7 news channel. If this happens, GNTV and AksyonTV will be single television news operation via TV5 (channel 5). Also, while MVP stressed that should the deal materialized, GMA-7 and TV5 would keep their management and operations divided, both the networks' talents, which includes reporters and anchors can cross-over from the two networks.

well di naman kasi gma ang may-ari ng channel 11....

baka ang mangyari nyan, pagkabenta ng gozon at duavit ng shares nila sa gma ay bigla nila buhusan ng pondo ang channel 11 para makipagcompete sa abs at dati nilang station....

pero teka, papano na ang programa ni koya wel?

[Lestat Quincey]

Now that I think about it, pwede din itong tactic ni MVP to get GMA out of business for good. Tactic ito ng mga companies from time to time--buy out your rival, then let it rot into some hell pit while you maintain your flagship carrier. It's killing two birds with one stone: you won your rival and you can do anything you want with it. Most who own business and are secure with it will takeover the rival and either merge it with their current business, or else let the new acquisition die (if they can afford to do that).

ginagawa lang to sa rivals na small player. gma is still bigger than tv5. my idea is, bibilhin nila ang GMA, tapos ililipat nila yung mga big stars na nabili nila ng mahal, then eventually drop tv5.

[happyjam]

ginagawa lang to sa rivals na small player. gma is still bigger than tv5. my idea is, bibilhin nila ang GMA, tapos ililipat nila yung mga big stars na nabili nila ng mahal, then eventually drop tv5.

habang wala pang DTV eh they can still keep TV5 tapos encore programming sila ng GMA programs for most of the day sa buong linggo tapos lifestyle and variety shows sa primetime programming nila. pero sabi nga sa TV5 na mapupunta ang GMA News TV. pwedeng ibalik sa music channel naman ang channel 41 (Aksyon TV ngayon). yung channel 11 pwedeng gawing Sports, Lifestyle at Movie channel.

[happyjam]

yung Sharon show ilipat sa GMA at itapat sa KrisTV.

[panicroom]

I really don't like the Merger. Mas gusto ko talaga ang 3 Leading Network sa Bansa.

Nasasayangan ako sa effort ng TV 5 to compete against ABS-CBN and GMA 7.

if matuloy ang merger na yan, lugi yata ang TV5, definitely sa GMA7 sila magconcentrate, since in terms of technology and facilities mas lamang ang Kapuso Station.

The attempt to buy GMA 7 simply means na hindi ganun ka progressive yung response ng televiewers sa TV5.

Mas nakikita ng MediaQuest yung Future ng Philippine TV using GMA Network... They can expand using their innovation and creativeness... in short kung ano yung ideas na naipundar nila sa TV5, ganun ang gagawin nila sa GMA 7, at since mas maraming viewers ang tatangkilik.

slightly, if hindi makapaghanda ng maayos ang abs-cbn, baka tuluyang maging no. 1 ang GMA 7 Nationwide with the New Management.