Eat Bulaga was reportedly facing one of its first major challenges since leaving Television and Production Exponents Incorporated (TAPE Inc.) and GMA Network.
According to a report published by Kapatid Insider, TVJ Productions, the current management of Eat Bulaga owned by Tito Sotto, Vic Sotto, and Joey de Leon, was allegedly facing financial problems due to its ballooning budget.
It also added that the noontime show reportedly lowered its advertisement rate in the first week of April in preparation for It’s Showtime’s airing on GMA Network.
Kapatid Insider said that a meeting between TVJ Productions and TV5’s MediaQuest Holding was set to happen this week to find a solution to the problem.
Joey was also mentioned in the said report, saying that he was already complaining on the increasing budget of their show.
It can be recalled that a page on X disclosed the same rumor about the emergency meeting.
However, even if true, experts told Eat Bulaga fans not to worry as MediaQuest’s owner, Manny V. Pangilinan was known to hold its investment even if it was losing money until it became profitable.
As evidence, Eat Bulaga was set to transfer to a bigger venue that could accommodate 1,000 people.
As of writing, TVJ Productions and MediaQuest have yet to release a statement on the said reports.