Willie Revillame's camp: P90 million contract is absurd

By on 11:49 PM

"P90 million? That's absurd, " Wowowillie business unit head Jay Montelibano said Friday when Yahoo! Philippines OMG! reached him for comment about a gossip blog entry on the alleged botched contract between TV5 and Willie Revillame.

According to local gossip blog Fashion Pulis, TV5 called it quits for Revillame and the network after the Wowowillie host demanded a P90 million contract despite the show's "terrible ratings." The meeting between the network bigwigs and Revillame allegedly happened on May 16.

Montelibano laughed off the scenario and vouched that no meeting took place since he and Revillame were together at Wil's Events Place that time. He added that TV5's incoming president Noel Lorenzana has yet to assume office on June 1 and any negotiations about the renewal shall happen after he comes in.

Relationship with TV5 remains healthy

The business unit head also clarified that Revillame is still in good terms with the management.

"RCE (Ray C. Espinosa) and Kuya (Willie Revillame) met before the announcement of a new president. They seem ok," he said. "RCE even assured us that we'll be in good hands with Noel Lorenzana. Sabi niya, 'Aalagaan kayo nun.'"