GMA NETWORK ADMITS THE LIMITED POLITICAL AIRTIME MAY CAUSE THEM TO LOSE MONEY!

MANILA - GMA Network Inc on Wednesday said a Commission on Elections (Comelec) move to limit election candidates' TV and radio airtime may dampen revenues.

"The new airtime allotment rule imposed by the Comelec may have an impact on GMA’s revenues but stations with low ratings will be at a greater disadvantage," Felipe Gozon, GMA Network chairman said in a disclosure to the Philippine Stock Exchange.

CJ CORONA DENIES HAVING 82 DOLLAR ACCOUNTS! CLAIMS TRANSACTIONS WERE TIME DEPOSITS!

MANILA, Philippines - Chief Justice Renato Corona on Tuesday denied he has 82 dollar accounts with at least $10 million as alleged by Ombudsman Conchita Carpio-Morales last week.

In the second part of his lengthy opening statement, Corona said, “wala ako kilala na may 82 bank accounts. Ewan ko kay Ombudsman, baka sya meron.”

Corona also said he had a reason in pushing his defense team to present Carpio-Morales as a witness, even though some experts say it was a wrong move and damaging to his case.

LIVE STREAM: CHIEF JUSTICE CORNA IMPEACHMENT TRIAL

CHIEF JUSTICE TO OMBUDSMAN: STEP DOWN AFTER I PROVE YOUR CLAIMS ARE A LANTERN OF LIES

MANILA, Philippine - Impeached Chief Justice Renato Corona on Monday dismissed Ombudsman Conchita Carpio-Morales' presentation before the Senate impeachment court as a "lantern of lies," saying he was ready to debunk all her claims.

Corona also urged the Ombudsman, his former colleague at the Supreme Court, to step down from her post after the chief justice proves that all her presentations are wrong.

TV5 WANTS TO KEEP T3 FOR ITS RATINGS!

MANILA, Philippines - It’s all about ratings, said controversial commentator Mon Tulfo to Rappler Wednesday, May 9, when asked if his brothers intended to apologize to the public after the 3 issued violent threats while on their TV5 show T3.

Tulfo’s 3 brothers, Erwin, Raffy and Ben, went on air Monday, May 7, and issued threats of physical harm against actors Claudine Baretto and Raymart Santiago. TV5 suspended the 3 younger Tulfos, and announced it will not “condone” such behavior by its anchors. Mon Tulfo announced Tuesday he will temporarily replace his brothers, but hoped to see them back on air.

CA FAVORS ABS-CBN ON LABOR CASE!

The Court of Appeals (CA) has junked a complaint for regularization and money claims filed against ABS-CBN Broadcasting Corp. by its dismissed talents engaged as independent contractors from 1994 to 1999.

In a 20-page ruling penned by Associate Justice Stephen Cruz, the appellate court's Special 14th Division reinstated the labor arbiter’s decision dated March 26, 2004 dismissing the case against the broadcast giant and reversing a decision dated Oct. 29, 2009 and a resolution dated Oct. 29, 2010 by the National Labor Relations Commission (NLRC) in favor of the talents.

The appellate court said "private respondents (talents) have failed to prove that they are regular employees of the petitioner (ABS-CBN). The ruling held that there was substantial evidence showing that complainants were “talents” who were engaged by ABS-CBN as independent contractors and were paid talent fees as shown in their pay-slips.

GMA-7 AND ABS-CBN RENEWS WORD WAR OVER THE AGB NIELSEN ISSUE!

The Kapuso network claims the Kapamilya network is not telling the truth.

This is the gist of GMA-7's public statement about the civil case filed by ABS-CBN against ratings service provider AGB Nielsen.

The statement, which came from Kapuso network corporate communications consultant Butch Racquel, was sent this afternoon, December 28.

The press release singles out a statement that it says the Kapamilya network often includes in its press releases about ratings (itals provided):

NBI SIEZES P10 MILLION WORTH OF PIRATED SOFTWARE FROM AMA!

The National Bureau of Investigation (NBI) raided one of the country’s top computer schools, AMA Computer College, and seized some P10 million worth of pirated software installed in its computer sets Tuesday in Makati City.

Head Agent Rommel Vallejo, NBI-Intellectual Property Rights Division (NBI-IPRD) chief, told reporters that agents swooped down on AMA’s branch at 5486 South Superhighway following the complaint of Autodesk Systems, Inc., distributors of Adobe Photoshop, Adobe CS2, Adobe Premier CS2, Adobe ReaderX, Adobe Premier Pro 2.0, and Macromedia Dreamweaver.