MANILA – ABS-CBN Corp. on Tuesday said a Mandaluyong City trial court has lifted a garnishment order against it and unit Sky Cable, which was sought by content provider and channel operator Solar Entertainment.
ABS-CBN and Solar are caught in a dispute over the airing of NBA games.
The Mandaluyong Regional Trial Court issued the garnishment or payment order last May 25 but lifted the same on Monday, following a motion to lift the attachment and garnishment from ABS-CBN and Sky Cable.
“Thus, at this time, there is no effective attachment or garnishment over any asset of ABS-CBN or Sky Cable,” ABS-CBN said.
ABS-CBN and Solar jointly entered into a license agreement with NBA Properties Inc. in 2014.
Since ABS-CBN was paying 60 percent of the license fees, it considered that the same also covered carriage fees of Sky Cable for the NBA games, the network said.
“Unfortunately, Solar disagreed. Despite the good faith attempts of ABS-CBN and Sky Cable to resolve the dispute amicably, Solar cut off the NBA feed to Sky Cable and filed this complaint,” the network said.
“We will submit our answer with counterclaims to this complaint. We are confident we will prevail,” it added.
Several channels offering telecasts of the much-awaited NBA playoff games became temporarily unavailable on Sky Cable last April.
In a statement posted on its website on April 14, Sky Cable told its subscribers that Solar channels, namely NBA Premium, BTV, Jack TV, Solar Sports, and CT were “temporarily not available.”
Sky Cable had said it was working to resolve the dispute with Solar.
Sky Cable is a subsidiary of ABS-CBN Corp.
News.abs-cbn.com is the official news website of ABS-CBN Corp.
All Credit Goes There : Source link