No hope for credibility FRONTLINE Ninez Cacho-Olivares 08/17/2010

No hope for credibility

FRONTLINE Ninez Cacho-Olivares 08/17/2010 Malacañang says it wants to sell two sequestered networks to private buyers, but that it will first enhance the future value of the Channels 9 and 13, which were sequestered in 1986, shortly after the Edsa Revolt. By claiming that the Palace wants to first enhance the value of the two sequestered networks only means that the Aquino administration does not want to let go of the two networks, because frankly, whoever sits in Malacañang, always utilizes these sequestered networks for the President and his administration’s propaganda. At the time I was in charge of the two sequestered networks, I pushed for privatization of the networks and even formally submitted the plan, complete with figures, to Malacañang. At that time, the two sequestered networks could have been sold easily, and at the right price, since their programs were rating very well and doing well too, commercially. This plan to privatize the two networks, however, was thumbed down by the Cory Aquino government, and naturally, her Presidential Commission on Good Government and her media people, that wanted control in the running of the two sequestered networks.... MORE Source:  The Daily Tribune URL: http://www.tribuneonline.org/commentary/20100817com2.html

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