During the recent “Tara, Kapatid!” 2026 Midyear Media & Trade Celebration held at the TV5 MVP Studios, entertainment media members pressed TV5 President and Chief Executive Officer Mr. Guido R. Zaballero for comments regarding ongoing industry rumors.
Speculation has been circulating online, claiming that business magnates Ramon S. Ang (RSA) of San Miguel Corporation and Manny V. Pangilinan (MVP) of First Pacific and PLDT were finalizing a P3.5 billion deal that would involve a rescue package and a shift in management control concerning ABS-CBN.
ABS-CBN has already moved to deny these circulating reports. When asked for his take on the situation, Mr. Zaballero declined to comment, emphasizing that the matter falls outside his administrative scope.
"That's something that is, to tell you honestly, beyond my pay grade. So I have no knowledge. I cannot answer that. I have no knowledge about any transactions," Zaballero stated to the press.
Despite follow-up questions regarding a possible collaboration between the two business titans for the network, the TV5 executive maintained his stance. He did, however, acknowledge the long-standing professional relationship between the two figures.
"I think RSA and MVP have been collaborating even in the past. We've seen their partnership in infrastructure and other businesses, so there really is a relationship between the two," he noted.
Following his response, Zaballero shifted the focus to expressing his appreciation for the audience's continued support of TV5’s growing lineup of programs.
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