ABS-CBN Chairman Eugenio ‘Gabby’ Lopez III and several current and former news personnel posted bail on Monday in connection with a 9-year-old libel case filed by rival network, GMA Network. Quezon City Regional Trial Court had issued arrest warrants against Lopez, Erwin Tulfo, Lynda Jumilla, Beth Frondoso, Maria Progena Estonillo Reyes, Annie Eugenio, Dondi Garcia, Luis Alejandro, Jose Ramon Olives, Jesus Maderazo, Luchi Cruz-Valdes, Jose Magsaysay Jr. and Alfonso Marquez.
The case stems from a complaint filed by GMA Network in 2004 after ABS-CBN accused its rival of using without permission, exclusive footage of the arrival in the Philippines of overseas Filipino worker Angelo dela Cruz following his release by Iraqi militants. GMA Network used the exclusive video of dela Cruz which it obtained from the foreign news agency, Reuters. Reuters bought the video from ABS-CBN with the understanding that it would not be used by other media organizations in the Philippines. (with reports from ABS-CBNNews)
Check this out: ABS-CBN releases official statement regarding libel case filed by GMA Network