MANILA, Philippines (The Adobo Chronicles, Manila Bureau) – There’s a thin line between satire and fake news, so it just makes sense that The Adobo Chronicles and Rappler have agreed to merge.
The Adobo Chronicles’ satire and Rappler’s fake news make the perfect combination that will bring news media to the 22nd Century.
What’s more, news satire is not considered media by the Securities and Exchange Commission (SEC), so the merged company will not be in violation of the Constitutional provision that media companies must be 100% Filipino owned.
That means Omidyar Network and other interested foreign entities can invest in the merged company.
Ladies and gentlemen, this is the future of media in the Philippines!