RPN-9 (nalulugi) losing P5-million a month

[timrev]

ABS-CBNnews.com
Posted at 10/02/2012 8:25 PM | Updated as of 10/03/2012 8:30 AM

MANILA, Philippines - Television station RPN-9 is losing as much as P5 million a month, according to its acting president Robert Rivera.

RPN-9 management on Monday announced it is laying off some 200 employees, as it continues to suffer financial losses.

In an interview on ANC, Rivera said the station has not been generating revenues in recent years.
"For the past 4 years, we are shelling out P5 million a month for our operating expense... Unfortunately walang revenue po na pumapasok because we are not producing any more shows, except Newswatch Evening Edition and Newswatch Final Edition," he said.

He denied that Newswatch has gone off the air, saying their operations are still "business as usual."
Rivera said the station currently gets revenues from the blocktime deal with Solar, but it is not enough to sustain its operations."They're the ones keeping the company afloat because of the blocktime revenues. We have no other sources of income," he said.

RPN-9, a government-sequestered station is now partly owned by Solar Entertainment and a group associated with the late Ambassador Roberto Benedicto after several government attempts to privatize it.
However, the RPN-9 employees' union is mulling the possibility of filing a case before the Department of Labor and Employment (DOLE) over the mass layoffs.

Raymon Tomale Jr., president of the RPN directors and supervisors union, said the retrenchment order violates their collective bargaining agreement (CBA).

"This is a total disregard and in complete violation of our CBA... The CBA is existing and actually, the instruction of DOLE is proceed immediately with our CBA negotiations. Na-shock kami when we were formally advised by management that we should not report to work today. Bakit ganun nangyari? Kami nalulungkot sa nangyari," he told ANC.

The management and the union are continuing talks to resolve the issue.

Despite the station's losses, Rivera said RPN-9 will address all the benefits and claims of its employees.
"The company is continually experiencing financial losses. Right now, we are sourcing funds. I hope to God we will be able to source immediately so once and for all ang kabayaran na ma-realize under a win-win situation," Rivera said.

http://www.abs-cbnnews.com/business/...-million-month

[uls]

may newswatch pa pala hehe

[timrev]

sana itinuloy nalang naibenta sa San Miguel Corp yan RPN-9 at IBC-13....para dumami ang pagpipilian panooran
bagal kasi i-privatize ng govt yan...

anu na kaya nangyari sa bidding?

[Monseratto]

The only thing of value are the gov't franchise and the land. Anything managed by the goverment always looses money...

[Retz]

may RPN 9 pa pala?

[flakez]

hindi ko nga alam na existing pa to eh. hahaha. minsan sinubukan ko hanapin kaso hindi ko makita sa cable. ano pa kaya matinong palabas dito?

wala na kasi buddy en sol eh. haha.

[uls]

why do they even bother to produce newswatch? who the hell watches newswatch?

[timrev]

The only thing of value are the gov't franchise and the land. Anything managed by the goverment always looses money...

tama...pansin ko nga pag goverment ang isa sa owner or owned talaga kumalaunan nalulugi kaya its better ibenta na ng govt yan kawawa naman yun mga nawalan ng work...

[uls]

coz there are no owners in govt businesses

nobody has any vested interest in keeping the businesses profitable. nobody has any capital at stake

lahat sila ang interest is to get as much benefits from the businesses as they can

milking cow

[BratPAQ]

tinanggal yata nila yung relo nila sa lower portion ng screen, 80s and 90s pag tinanong "anong oras na?" "teka lipat natinsa ch. 9 para makita oras."

[jonski]

Ipalabas nila ulit MacGyver para may manood ulit sa RPN-9.

[CVT]

Another one of the icons, going under, because of mismanagement....

16.9K:spam:

[xuv2010]

Gawin na lang nilang anime channel yan tapos ang mga palabas yung mga hindi corny (i.e. golgo 13, crayon shin chan) at uncut o kaya yung parang discovery turbo pero local (PH) version ..marami pa matutuwa

[holdencaulfield]

alf
perfect strangers
mcgyver
up to
x-files.
watched newswatch with the late harry gasser as anchor.
kamiss din lumang channel 9. andito rin noon yubg eat bulaga. and yes oj88, saturday fun machine!

[wowiesy]

alf
perfect strangers
mcgyver
up to
x-files.
watched newswatch with the late harry gasser as anchor.
kamiss din lumang channel 9. andito rin noon yubg eat bulaga. and yes oj88, saturday fun machine!

I think alf tsaka perfect strangers sa abscbn na yun nung panahon. I tita cory... I remember nung bago pa lang puro foreign programs konti lang locally produced. But now halos puro locally produced na kaya uhf channel or cable na lang yung foreign

[Mikoy10]

john & marsha
champoy
the simpsons
perfect strangers
america's funniest home videos
america's funniest people
rescue 911
ally mcbeal
marimar!