GMA Network Sues TAPE Inc. for P38 Million in Unpaid Ad Revenues

GMA Network Files P38-Million Estafa Complaint Against TAPE Inc. GMA Network, a major Philippine television network, has filed a significant estafa complaint against TAPE Inc., the production company behind the country's longest-running noontime show, Eat Bulaga!. The complaint alleges that TAPE failed to remit nearly P38 million in advertising revenues collected from clients, a sum contractually assigned to GMA. "Despite multiple formal demands," a GMA representative stated, "the funds were not transferred to GMA, instead being used for TAPE's operational expenses." This action follows a well-publicized falling out in May 2023 between TAPE and the show's creators, Tito, Vic, and Joey de Leon, who left the production company. The case highlights not only the financial implications but also the complexities of long-term partnerships in the entertainment industry. The outcome of this legal battle will undoubtedly have significant consequences for both GMA Network and TAPE Inc., as well as the future of the iconic Eat Bulaga! program.