KARMA Strikes: Court Orders Seizure of ABS-CBN Assets Over Dispute With Solar Entertainment On Airing NBA, BTV Channels [VIDEO] – News

Mandaluyong City trial court has issued an order to garnish or seize bank accounts and other assets of ABS-CBN Corporation and its cable TV unit Sky Cable over a dispute with Solar Entertainment Corp. for airing the BTV and NBA Premium TV channels. Judge Monique Quisumbing-Ignacio signed the court order on May 16, according to a statement issued by the Divina Law Office, Solar’s lawyers.

Solar, the local distributor of NBA games and programs in the past 16 years has filed a case with the court in a proposition to collect what it considers unpaid receivables from Sky Cable. Its lawyers alleged that the ABS-CBN cable unit “continued to air and make money on the NBA shows using Solar’s own channels, BTV and NBA Premium, although its carriage contract ended in 2014.”

The right granted to ABS-CBN was limited to airing NBA games only on Channel 2, its Sports + Action channel, and a ‘non-NBA branded pay TV channel’ still to be developed so ABS-CBN cannot claim to have any right to allow Sky Cable to air and exhibit BTV and NBA Premium TV channels because, revealed by Solar in a statement.

The order also required Solar to post a bond for Php659 million, the amount it is trying to collect.

Divina Law Office explained in the statement that Solar “continued to feed its two channels and to bill Sky Cable, believing there was an ‘implied renewal’, an industry practice to prevent a sudden blackout of TV channels and a service disruption to subscribers.”

ABS-CBN Corp. filed a motion to lift the writ of attachment and garnishment on the morning of Monday, May 29, 2017, two working days after it received the order. The court granted its motion on the same day.

After the news spread in the internet, many people said that it is their KARMA from airing bias news against President Duterte.

Source: www.entrepreneur.com.ph


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