Shutdown Of Philippines’ ABS-CBN Drags Down Oscar Lopez’ Fortune, A Boon For Rival GMA’s Owners squib

The Philippine government’s decision earlier this year to force the country’s top TV network ABS-CBN off the air hit the fortune of the network’s 90-year-old owner Oscar Lopez, but was a boon to the owners of its biggest rival GMA Network—Felipe Gozon, 80, and his brother-in-law Menardo Jimenez, 87.
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