Planned investment by the Philippines’ ABS-CBN in TV5 is terminated

Supporters and other media persons gather in front of ABS-CBN's main office (Photo by Jes Aznar/Getty Images)
Supporters and other media persons gather in front of ABS-CBN's main office (Photo by Jes Aznar/Getty Images)

A planned investment deal between two of the Philippines' biggest media groups and sports broadcasters has been terminated after coming under political pressure.

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