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CNN Philippines shutdown rumors circulate amid financial troubles | The wRap

The wRap highlights: CNN Philippines, Kris Aquino, Oppenheimer.....»»

Category: newsSource: rappler rapplerJan 26th, 2024

CNN Philippines and its financial troubles

Employees anxiously await an announcement from management as rumors of a shutdown circulate.....»»

Category: newsSource:  rapplerRelated NewsJan 25th, 2024

Filipino journalists devastated anew after CNN Philippines shutdown

Filipino journalists devastated anew after CNN Philippines shutdown.....»»

Category: sportsSource:  abscbnRelated NewsJan 29th, 2024

CNN Philippines tuluyan nang nag-‘shutdown’, nalugi ng mahigit P5-B

MAGSASARA na ang CNN Philippines. Ang malungkot na balita ay opisyal nang inanunsyo ng nasabing free-to-air television network ngayong araw, January 29, sa social media. “CNN Philippines will discontinue operations on all media platforms effective Wednesday, Jan. 31,” sey sa Facebook post. Kasabay niyan ay lubos nilang pinasalamatan ang lahat ng staff, partners, at viewers.....»»

Category: newsSource:  inquirerRelated NewsJan 29th, 2024

CNN Philippines shutting down as losses exceed P5B

MANILA  —CNN Philippines is going off the air nearly nine years after debuting into the local broadcasting industry as its local franchise holder decided to pull the plug after accumulating financial losses exceeding P5 billion. The shutdown of the television network —which will affect about 300 employees — will be formally announced on Monday, an.....»»

Category: newsSource:  inquirerRelated NewsJan 27th, 2024

Delivery drivers urge Mayor Baste for business permit exemption

Title: Delivery Drivers Seek Exemption from Business Permit Requirement A group of delivery drivers in Davao is urging Mayor Sebastian Duterte to exempt them from the mandatory business permits. The drivers, including those from various delivery apps such as Grab and FoodPanda, are concerned about the financial burden imposed by the business permits, which range from P2,000 to P6,000. They argue that this requirement is unique to Davao City among all cities and provinces in the Philippines. Grab rider Rolando Atico emphasized the need for solidarity among all delivery drivers, regardless of the app they work for. He urged fellow drivers to support each other, as the financial impact may extend beyond just Grab and FoodPanda. Atico also requested Mayor Duterte to reconsider the requirement and reinstate the previous occupational permit, which only cost P125. The group is facing a 30-day deadline to obtain the business permits, and they are citing financial constraints as a reason for their request for an extension. Failure to comply could result in their removal from the delivery platforms, jeopardizing their livelihoods. Additionally, they are advocating for changes to Davao City's Revenue Code, proposing a model similar to Cebu City, where only an occupational permit is required. The drivers are also calling for an inquiry into the lack of transparency and unilateral actions of food delivery companies, particularly concerning rider capitalization and financial concerns. They believe that a thorough investigation will help ensure fairness and equity in their financial obligations and working relationship with the delivery companies. Maribel Paguican, the Business Bureau officer-in-charge, stated that non-certified delivery riders categorized as service contractors must obtain a business permit. She mentioned two permits for occupational and business activities, with a discounted structure for delivery riders. However, concerns have been raised about increased taxes, potentially ranging from P3,000 to P6,000, along with an additional tax on top of the declared income of P1,400. The delivery drivers' plea for exemption from the business permit requirement reflects their concerns about the financial impact and the potential threat to their livelihoods. Their call for solidarity and support from fellow drivers highlights the urgency of the situation. This story sheds light on the challenges faced by delivery drivers in Davao and the implications of the business permit requirement on their financial well-being. It also underscores their efforts to seek fairness and equity in their working relationship with the authorities and delivery companies......»»

Category: newsSource:  inquirerRelated NewsJan 22nd, 2024

CNN Philippines announces closure due to financial losses

The news network announced its shutdown in a general assembly of its staff on Monday, citing “serious financial losses.".....»»

Category: newsSource:  philstarRelated NewsJan 29th, 2024

Shrinking news space: CNN Philippines shuts down due to financial losses

CNN PHILIPPINES officially announced on Jan. 29 that it was shutting down operations on all platforms following several years of financial losses. It made the announcement on its channel through a broadcast advisory, followed by an official statement on social media. Operated by Nine Media C.....»»

Category: sportsSource:  abscbnRelated NewsFeb 1st, 2024

Sports Illustrated employees left in limbo as publisher faces money troubles

Sports Illustrated employees left in limbo as publisher faces money troubles.....»»

Category: newsSource:  sunstarRelated NewsJan 20th, 2024

No Signal Shutdown for Sinulog Festivities, says Mayor Mike Rama

There will be no signal shutdown in all of the events leading to the feast of the Santo Nino de Cebu and at the Sinulog Festival on January 21, officials said. On the other hand, at least 3,500 personnel from the Philippine National Police, Armed Forces of the Philippines, Philippine Coast Guard, and the Bureau of […].....»»

Category: newsSource:  metrocebuRelated NewsJan 11th, 2024

54 buses to offset LRT-1 shutdown for Cavite extension, Holy Week

The Department of Transportation will be deploying passenger buses starting Wednesday to offset the shutdown of LRT-1 operations during the Holy Week and in preparation for the opening of five new stations this year......»»

Category: newsSource:  philstarRelated NewsMar 27th, 2024

Mayor orders cave shutdown following deaths of ‘treasure hunters’

Mayor orders cave shutdown following deaths of ‘treasure hunters’.....»»

Category: newsSource:  sunstarRelated NewsFeb 22nd, 2024

Signal shutdown mulled at Dinagyang festival

Signal shutdown mulled at Dinagyang festival.....»»

Category: newsSource:  sunstarRelated NewsJan 15th, 2024

‘Media is a public good:’ Closure of CNN Philippines draws concerns from UN expert

The United Nations special rapporteur on freedom of expression and opinion said that the recent closure of CNN Philippines is a "worrying sign" for media freedom in the country......»»

Category: newsSource:  philstarRelated NewsFeb 2nd, 2024

Christine Jacob, Paolo Abrera sign off as CNN Philippines shuts down

CNN Philippines' "New Day" hosts Ria Tanjuatco-Trillo, Jamie Herrell, Paolo Abrera and Christine Jacob-Sandejas bid farewell to the viewers of the network, which just announced its shut down today......»»

Category: entertainmentSource:  philstarRelated NewsJan 29th, 2024

Nalagasan na naman tayo : ABS-CBN s Alvin Elchico sympathizes with CNN Philippines workers

ABS-CBN news anchor Alvin Elchico sympathized with the media workers who lost their jobs because of CNN Philippines' closure. .....»»

Category: entertainmentSource:  philstarRelated NewsJan 31st, 2024

News anchors console Pinky Webb, Pia Hontiveros as CNN Philippines announces closure

News anchor Pinky Webb paid tribute to her partner Pia Hontiveros after Nine Media Corp. (NMC) yesterday announced that television network CNN Philippines will officially cease operations......»»

Category: entertainmentSource:  philstarRelated NewsJan 30th, 2024

Reports: CNN Philippines to shut down

Reports: CNN Philippines to shut down.....»»

Category: newsSource:  sunstarRelated NewsJan 27th, 2024

CNN Philippines signing off — reports

Television network CNN Philippines, a local franchise of US-based news channel Cable News Network, is reportedly signing off soon......»»

Category: newsSource:  philstarRelated NewsJan 26th, 2024

Andrei Felix nagpaalam na sa CNN PH: ‘Pasensiya na sa lahat ng kinulit ko’

“WE may have reached the finish line, CNN Philippines, but you will always home. Thank you.” Iyan ang caption ng sports anchor na si Andrei Felix lll sa profile picture niya sa Facebook kung saan nakasandal siya sa malaking logo ng network. Dating artista si Andrei at ang ilan sa mga naging shows at pelikula.....»»

Category: newsSource:  inquirerRelated NewsJan 30th, 2024

Mga empleyado, anchors ‘nagluluksa’ sa pagsasara ng CNN PH: ‘It’s all gone’

MARAMI pa rin ang hindi makapaniwala na tuluyan nang nagsara ang TV network na CNN Philippines makalipas ang halos siyam na taong pagseserbisyo sa publiko. Kung maraming netizens ang nalungkot sa nangyari, lalo namang masakit ito para sa mga empleyado ng broadcasting station. Tiningnan ng BANDERA ang ilang social media posts ng mga naging bahagi.....»»

Category: newsSource:  inquirerRelated NewsFeb 2nd, 2024