A page on X claimed that TV5 and Media Question would hold an emergency meeting due to the alleged negative earnings of Eat Bulaga in the past two months.
In their Facebook post, ‘Chakapuso,’ a page dedicated to praising ABS-CBN and It’s Showtime disclosed information from a source who claimed that Eat Bulaga was only earning a little due to its expensive production cost.
They claimed that only TV5 received around 12.5% of the 25% being produced by Eat Bulaga, while the other half went to TVJ Productions.
“So may emergency meeting daw ang TV5 at Media Quest this coming saturday ayon sa ating Kapatid source. Not because of Showtime sa GMA but dahil sa negative earnings nila. 2 months na daw walang kinikita ang TV5 at Media Quest sa Eat Bulaga,” the page wrote.
“Dagdag pa ng source, 75% daw ang production cost ng show pero 25% lang naibabalik kung saan hahatiin pa ng TV5 (51%) at TVJ (49%) ang karampot na kita. Sabi pa, ayaw daw tanggapin ng TVJ ang 49% na hatian. Bukod kasi TF nila, maliit lang ang mapupuntang budget para sa show,” they added.
Chakapuso also mentioned the issue between Television and Productions Exponents (TAPE) Inc. and TVJ Productions, saying that it was the same as what was currently happening now on Eat Bulaga and TV5.
However, some netizens saw a discrepancy in the claim, saying that Eat Bulaga was still earning based on the post on the page.
The production cost should also be included in the budget of the show, hence TV5 and TVJ Productions should not take any amount from the reported 25% profit they gained.
A report from Bilyonaryo also contradicted the claim of Chakapuso as TV5’s CEO Manny Pangilinan disclosed that Eat Bulaga was set to transfer to a bigger venue.
Pangilinan was also known for holding a company even if it was losing money for years. It can be recalled that TV5 lost billions of pesos every year since its founding, but the profitability of the network would finally be seen in 2024.