news, Philippines, politics, public affairs, television

RPN Has a New Owner, But It’s Not Ramon Ang

9TV is now under the ownership of Aliw Broadcasting’s Antonio Cabangon-Chua, who also took over as chairman of RPN. (Photo credit: Fortune Life Insurance official website)

The Solar era on the Radio Philippines Network is officially over.

At 12:00 a.m. today, 9TV signed on as a replacement to Solar News Channel. But while cable viewers were able to witness the changing of the guard, those without it had to wait until 6:00 a.m. to see the change take effect.

Meanwhile, contrary to what was written previously on From the Tube, Ramon Ang did not actually acquire Solar TV and a stake on RPN. Instead, he was only interested in acquiring the network’s shares prior to his partial acquisition of GMA Network.

It was later revealed that the entirety of Solar TV and a portion of RPN’s shares were acquired by Antonio Cabangon-Chua, owner of Aliw Broadcasting Corporation. In addition, Cabangon-Chua was elected chairman of RPN, replacing Solar Entertainment’s Wilson Tieng.

This will be Aliw’s first foray into the television industry. The company started in 1991 with DWIZ 882-AM as its flagship station, before expanding into FM radio with Home Radio (now Natural).

In addition, Cabangon-Chua owns and publishes the broadsheet BusinessMirror and tabloid Pilipino Mirror under the Philippine Business Daily Mirror Publishing, Inc. banner. The former ambassador to Laos has also invested in insurance, banking, and real estate, among other ventures.

The recent acquisition of RPN by Aliw followed the tie-up that the two parties forged in January. It can be recalled that both RPN and Aliw signed a memorandum of agreement to have a selection of DWIZ radio programs air on RPN’s national Radyo Ronda AM stations.

Cabangon-Chua also plans to rename Solar Television under the Aliw banner. Should the plan bear fruit, it will officially cease any association with the previous ownership.

It is indeed the dawn of a new era in the storied yet tumultuous history of RPN. Now the question is, what’s next for the station? Only time will tell.

Standard