
Showing posts with label GMA Network Inc.. Show all posts
Showing posts with label GMA Network Inc.. Show all posts
GMA Artists Anliven The Kids of Region 3 at the Mind Museum

Caloocan RTC dismisses motion for indirect contempt against GMA Network and Mike Enriquez

The Court earlier dismissed a civil complaint for moral damages filed by Virola against the defendants for an Imbestigador story on a police raid conducted in Virola's residence shown in 2002.
The said episodes showed Virola in possession of an undetermined quantity of regulated and/or prohibited drugs and VHS tapes containing nude and obscene footage of different women, who appeared to be under the influence of drugs and sexually abused by Virola.
Virola argued that such story falsely imputed to him the crimes of rape and obscene publication, and sought P1.2 million worth of damages from GMA.
Duavit Clarifies Philippine Star article

Duavit said that it is not true that two out of the three major stockholders of GMA “are already amenable to selling their respective 33-percent stake.”
He added that the major and controlling shareholders have not yet received a price that is acceptable to them. “We are presently not in serious negotiations with the PLDT group as we have not yet received an offer price that is acceptable to us. The Network is not for sale but that is not to say it may not be sold, depending on the offer price,” Duavit reiterated.
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