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Bilyonaryo - Business

Is TV5-ABS-CBN collab anti-competition? NTC asked to probe planned Cignal-SkyCable monopoly which could lead to higher pay TV, broadband prices

  • July 2, 2022
  • Bilyonaryo.com

The National Telecommunications Commission (NTC) is being urged to look into the formation of a subscription television giant with the takeover of Cignal TV of bilyonaryo Manuel V. Pangilinan of Sky Cable of the Lopez family.

Sugod mga Kapatid! ABS-CBN’s biggest stars join TV5 talents in station ID crossover

Infrawatch PH convenor and former party-list congressman Terry Ridon warned that the reported Cignal-Sky union would not only create a pay TV giant but also further increase the broadband market share of PLDT, Cignal’s parent, with is takeover of SkyCable’s internet business.

The proposed Cignal-Sky is reportedly part of a bigger business collaboration between Pangilinan and the Lopezes who are close to merging the operations of free TV operator TV5 with content provider ABS-CBN.

Natimbrehan na si Bongbong: MVP, Lopez to launch TV5-ABS-CBN collab day after franchise killer Duterte leaves office; but Cignal-SkyCable monopoly could be a deal breaker

“Market control over the pay TV sector influences the price not only of TV content delivery, but more importantly broadband prices, as these services are typically tied to pay TV services,” said Ridon in a statement reacting to the NTC petition filed by a newly-formed advocacy group, Digital Pinoys.

Cignal TV has roughly 3.6 million satellite TV subscribers while Sky has 1.4 million subscribers and together, they will have 63 percent of the market, according to Digital Pinoys.

Digital Pinoys told the NTC ina June 28 letter that the union is anti-competitive and would lead not only to higher pay TV prices (with Cignal-Sky’s dominant position) but also broadband prices (Sky generated P8.5 billion in revenues in 2001 mainly from its fiber broadband).

“The core public concern in this acquisition is the pricing for broadband services, as both companies are leading broadband providers as well. With online work and schooling still a reality amid the continuing COVID-19 pandemic, the government should step in to ensure that this prospective acquisition will not result in higher prices for internet users,” said Ridon.

Ridon suggested that TV5 and ABS-CBN focus their collaboration in content delivery partnership in TV5 and ABS-CBN instead of including pay TV and broadband.

“The more imminent concern for both groups is the NTC order requiring media companies to first secure regulatory approval for block-time arrangements. If the NTC finds both media companies in its crosshairs over block-timing, it might be far more difficult to secure approvals for this acquisition,” said Ridon.

  • Related News Tags: ABS-CBN, broadband prices, Cignal, collab anti-competition, NTC, SkyCable, TV, TV5
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Bilyonaryo on CNN

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Veteran journalist Ces Drilon, with CNN Philippines President Benjamin V. Ramos, and officials of Prage Management Corp. sign a blocktime contract agreement for the airing of “Usapang Bilyonaryo” - a profile feature show starting January 16. -- CNN Philippines

Casinos are booming again and Pagcor’s Al Tengco expects growth to continue in 2023

The gaming industry’s strong performance in 2022 boosted the revenues of the Philippine Amusement and Gaming Corp. (Pagcor), rising by more than half compared to the previous year.

Robina Gokongwei’s RRHI continues momentum, delivers record earnings in 2022

Bilyonaryo Robina Gokongwei Pe-led Robinsons Retail Holdings saw its net income rise by 26.7 percent to an all-time high of P5.7 billion last year as sales exceeded pre-pandemic levels.

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Usapang Bilyonaryo by Ces Drilon

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“Usapang Bilyonaryo” is a digital-first, hybrid magazine show hosted and produced by veteran broadcast journalist Ces Oreña-Drilon in cooperation with the Bilyonaryo.com team. The 30-minute TV cut airs on CNN Philippines at 8 PM every Monday, starting January 16. The full version or producer’s cut of each episode, as well as interview splices, will be posted on Bilyonaryo.com’s Youtube and Facebook accounts.

 

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