More articles about: lopez inc

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.

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?

If you only came to the story when the Lopez cousins started suing each other, it helps to start with a simpler picture: one family, one flagship utility, and a very ambitious buyout.

The presidency of Lopez Inc. is now firmly a third‑generation affair, and the fight over who should hold it is being waged among cousins, not siblings.