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ABS-CBN announced that it is letting go of 200 employees amidst ‘a difficult year’ for the content industry. Its president says this would be the last retrenchment program under his leadership.
Gabby Lopez still has no board seat, title, or chairmanship in the Lopez group, not even at ABS-CBN. What he now has is a direct financial stake in ABS-CBN's rescue after giving up everything else.
"This dispute has not been good for any of us, or for the people who work in our companies. This allows us to take a step towards the restoration of family peace," according to Gabby Lopez
As tycoon Ramon Ang reportedly buys Gabby Lopez’s stake in Lopez Inc., it helps to understand the company’s ownership structure and the strategies it employed to ward off threats over the years.
In the five-month Lopez family saga, there is one, inescapable fact: someone has to put money in.
The Philippine Stock Exchange has penalized First Gen for disclosure violations. Underneath the sanction is a question every family business eventually answers: whose clock are we on?
Both sides said they wanted peace. The clues that they did not were hiding in everything they said and did while saying it.
Amidst a very public clash with his cousins about the leadership of Lopez Inc., all eyes and ears were on Federico “Piki” Lopez when he delivered a speech at First Gen’s annual stockholders meeting.
The latest movement in the Lopez family war is, on paper, a retreat.
In the wreckage of the Lopez family rupture, a document surfaced—or rather, failed to surface—that tells a story not about family drama but about how listed companies communicate.
For years, the Lopez family likened itself to a phoenix that rises from its own ashes. But Piki Lopez rejected the metaphor and dared to ask: perhaps the phoenix story itself is part of the problem?
In modern capitalism, the most explosive conflicts are often written not in headlines, but in clauses.
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