+ Follow SUMMIT SPORTS Tag
SUMMIT SPORTS
Array
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[results] => Array
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[0] => Array
(
[ArticleID] => 270055
[Title] => Summit Sports insiders speak
[Summary] => After last week’s piece on the case of Summit Sports World, Inc., and its P 200-million plus debt to the PBA, NBN-4, IBC-13 and several suppliers, this writer was contacted by two former officials of the company to air their side.
Frederick Orticio and Junie Portez, who helped organize the consortium, sat with this writer over lunch yesterday to give a historical background to what turned out to be a disastrous business venture for them.
[DatePublished] => 2005-03-12 00:00:00
[ColumnID] => 135979
[Focus] => 0
[AuthorID] => 1804781
[AuthorName] => Bill Velasco
[SectionName] => Sports
[SectionUrl] => sports
[URL] =>
)
[1] => Array
(
[ArticleID] => 268916
[Title] => Is Summit Sports hiding?
[Summary] => What ever happened to Summit Sports World, Inc., the company that entered into agreement with NBN Channel 4 for the TV coverage of the PBA games in 2003? Are officials of the company in hiding? Why has the case suddenly died down, leaving an estimated P200-plus million in debt to the PBA, NBN, IBC-13 and several suppliers hanging in limbo?
[DatePublished] => 2005-03-05 00:00:00
[ColumnID] => 135979
[Focus] => 0
[AuthorID] => 1804781
[AuthorName] => Bill Velasco
[SectionName] => Sports
[SectionUrl] => sports
[URL] =>
)
[2] => Array
(
[ArticleID] => 269048
[Title] => Is Summit Sports hiding?
[Summary] => What ever happened to Summit Sports World, Inc., the company that entered into agreement with NBN Channel 4 for the TV coverage of the PBA games in 2003? Are officials of the company in hiding? Why has the case suddenly died down, leaving an estimated P200-plus million in debt to the PBA, NBN, IBC-13 and several suppliers hanging in limbo?
[DatePublished] => 2005-03-05 00:00:00
[ColumnID] => 135979
[Focus] => 0
[AuthorID] => 1804781
[AuthorName] => Bill Velasco
[SectionName] => Sports
[SectionUrl] => sports
[URL] =>
)
[3] => Array
(
[ArticleID] => 234838
[Title] => IBC-13 files suit vs Summit Sports for estafa, bouncing checks
[Summary] => The Intercontinental Broadcasting Corp. (IBC-13) has filed charges of estafa and violation of Anti-Bouncing Checks Law before the Quezon City Prosecutor’s Office against Summit Sports World Corp. for its failure to pay the television station the amount of P30 million for airing the games of the Philippine Basketball Association (PBA).
Charged were Fidel Yu, Summit Sports’ chairman and president, lawyer Pablo Ronquillo, vice president and chief executive officer, and Frederick Orticio, director and corporate secretary.
[DatePublished] => 2004-01-12 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804865
[AuthorName] => Pia Lee-Brago
[SectionName] => Sports
[SectionUrl] => sports
[URL] =>
)
[4] => Array
(
[ArticleID] => 234694
[Title] => Summit Sports mulls TRO vs PBA
[Summary] => Summit Sports World Inc. is reportedly seeking a temporary restraining order (TRO) to stop the transfer of the exclusive PBA broadcasting rights from the NBN-4/IBC-13 consortium to ABC-5, but PBA officials are unperturbed, believing they went through the proper course in severing ties with their old "TV coveror."
[DatePublished] => 2004-01-11 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096369
[AuthorName] => Joey Villar
[SectionName] => Sports
[SectionUrl] => sports
[URL] =>
)
[5] => Array
(
[ArticleID] => 232284
[Title] => NBN expects worst for TV fiasco
[Summary] => Termination of the National Broadcasting Network Channel 4’s contract to cover the PBA games seems a foregone conclusion.
With 12 days left to work out a solution to the broadcast impasse, NBN-4 chair Mia Concio appeared resigned to the impending breakup of their partnership with the PBA for the failure of the network to meet its financial obligations.
[DatePublished] => 2003-12-20 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096369
[AuthorName] => Joey Villar
[SectionName] => Sports
[SectionUrl] => sports
[URL] =>
)
[6] => Array
(
[ArticleID] => 227960
[Title] => NBN, IBC 13 mull legal actions vs Summit
[Summary] => NBN-4 and IBC-13 were set to take legal actions to solve their financial woes with financier Summit Sports World Inc. regarding their partnership for the PBA games coverage.
This developed as Summit Sports failed to settle its financial obligations with the two networks, prompting IBC-13 to refrain from resuming their broadcast of the games last night.
"Ilang deadlines na ang ibinigay namin na hindi nila na-meet. All of these forced us to study legal steps to be undertaken against Summit," Concio told The STAR.
[DatePublished] => 2003-11-15 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Sports
[SectionUrl] => sports
[URL] =>
)
[7] => Array
(
[ArticleID] => 227111
[Title] => Summit wants single coverage of PBA games
[Summary] => Summit Sports World Inc. has sought a reduction of franchise fee for the broadcast rights of the PBA games so it may honor its financial obligations with network partners NBN-4 and IBC-13.
Summit Sports, with Edwin Lisandra as new president, also batted for a single network to cover the games or it would pull out of the project.
Officials of NBN-4 and Summit Sports discussed in a marathon meeting Thursday night ways to resolve financial problems hounding their partnership regarding the PBA broadcast deal.
[DatePublished] => 2003-11-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Sports
[SectionUrl] => sports
[URL] =>
)
[8] => Array
(
[ArticleID] => 226609
[Title] => Summit to honor NBN commitment
[Summary] => National Broadcasting Network Channel 4 said yesterday Summit Sports World, Inc. has reportedly signified its intention to honor its commitment to the government television network and avert legal tussle between the business partners following its unpaid financial obligations over the PBA games coverage.
[DatePublished] => 2003-11-04 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096369
[AuthorName] => Joey Villar
[SectionName] => Sports
[SectionUrl] => sports
[URL] =>
)
[9] => Array
(
[ArticleID] => 226366
[Title] => Coverage pullout big loss for ‘13’
[Summary] => International Broadcasting Corp. (IBC)-13 board chairman Lincoln Tan Jr. warned yesterday the sequestered TV station would stand to lose as much as P28 million more with the management’s decision cutting off the airing of the Philippine Basketball Association (PBA) games effective last Oct. 29.
Tan said the P28 million lost revenues would add to the existing P40 million losses of IBC-13 by the end of this year. This would severely affect the financial viability of the sequestered TV station supposed to be protected by the government.
[DatePublished] => 2003-11-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804833
[AuthorName] => Marichu A. Villanueva
[SectionName] => Sports
[SectionUrl] => sports
[URL] =>
)
)
)
abtest
November 15, 2003 - 12:00am
November 8, 2003 - 12:00am
