Proposed acquisition of Apollo Broadcast Investors by DCG Radio-TV Network

The proposed acquisition of Apollo Broadcast Investors by DCG Radio-TV Network would see Quezon province-based DCG Radio-TV Network acquire Pampanga-based Apollo Broadcast Investors, a deal which was officially announced on May 8, 2017, after months of speculation. The deal, which is pending NTC approval, would make DCG (already the largest television broadcaster in the Philippines) have stations available in 72% of homes.

The deal has received criticism from multiple interests groups, as well as politicians from both the Democratic and Republican parties, feeling that the deal would give DCG an effective monopoly on broadcasting. Interest groups from all across the political spectrum feel that DCG, which has long supported conservative platforms, would spread its philosophy to Apollo stations, in effect trying to persuade voters in swing states.

The deal has also received backlash for National Telecommunications Commission (NTC) Chairman leading some to speculate that he is changing longstanding policies to DCG's benefit. This comes especially with two other major media mergers: GMA Network's proposed acquisition of a majority of Bethlehem Holdings, Inc. and ABS-CBN-TV5 deal.

Assets to be acquired by DCG
DCG would acquire the following assets from Apollo Broadcast Investors:

Television and Radio

 * GV Broadcasting Systems, broadcast media holdings
 * Would include stations in Pampanga (DWGV-AM and DWGV-FM), Tacloban (DwMV Idol FM) and other stations.
 * Pinoy Xtreme Channel