MANILA, Philippines (The Adobo Chronicles, Manila Bureau) – Rappler may have found the magic bullet in its ongoing saga with the Securities and Exchange Commission (SEC).
SEC had earlier revoked Rappler’s media license on the grounds that Maria Ressa’s online news source was not 100% Filipino-owned as mandated by the Philippine Constitution. The revocation was challenged and the Court of Appeals had asked SEC to review — but not rescind it.
But rather than wait for SEC’s review, Rappler announced today that it had filed an amendment to its SEC registration, claiming that it is now an “animation” company.
”As animators, we would not be considered media and therefore not subject to the Constitutional requirement of 100% Filipino ownership,” Ressa told The Adobo Chronicles.
Ressa’s change of heart came on the heels of the launching of Rappler’s first video animation project — telling the story of the Filipino fishing boat which was rammned by a Chinese vessel in the West Philippine Sea.
As an animation company, Rappler can solicit funding from foreign investors.
Rappler can now have its cake and eat it too!
KALINGA, Philippines (The Adobo Chronicles, Baguio Bureau) – Detractors of Senatorial candidate Bong Go are not buying his latest antic lifting up his shirt in public to prove he doesn’t have any tattoo. They insist the former Special Assistant to President Duterte got tattooed by Whang-od.
MANILA, Philippines (The Adobo Chronicles, Manila Bureau) – A photo of Philippine Vice President Leni Robredo receiving a gift painting of herself from a cadet has gone viral on social media. The painting shows an unimpressive and not-so-complimentary face of the VP.
