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GMA-7 Releases Statement on TV5-GMA Network Merger Reports

GMA-7 releases a statement concerning the rumored merging of GMA-7 with TV5 (read related article HERE).

GMA Network is not in a position to comment on the article that came out in the Philippine Star today, June 4, 2012, regarding the reported merger of GMA Network and TV5 since we are not the source of the information. The said article attributed the information to Mr. Manny Pangilinan (MVP). To our knowledge, MVP has clarified that he was misquoted. We therefore suggest that anyone who wishes to verify may do so with MVP."