Friday, November 16, 2018
Close  
  • share this

Meet new TV5 head: Chot Reyes

/ 03:09 AM October 02, 2016
CHOT Reyes (left) and Manny V. Pangilinan (center), with the D5 Studio team

CHOT Reyes (left) and Manny V. Pangilinan (center), with the D5 Studio team

Will basketball’s top coach finally shepherd struggling network into the winners’ circle?

Starting this month, Vincent “Chot” Reyes will take over as president and chief executive officer of TV5 Network and president of Media5 Marketing Corp. (He previously headed Sports5 and Digital5, now known as D5 Studio.)

ADVERTISEMENT

Reyes’ background as former coach of the Philippine national basketball team has led not a few observers to surmise that TV5 will soon be reinvented as an all-sports channel—a local version of ESPN.

Not true, Reyes told the Inquirer in an exclusive interview. “I have a very holistic approach [as network head],” he said.

FEATURED STORIES

He admitted that the network has “huge and profitable sports properties” (ranging from the PBA to the PGA Tour). “But I will be the first to recognize that sports alone isn’t enough to sustain a network.”

The troika of “sports, news with a bit of entertainment” will comprise TV5’s programming strategy under the new leadership, he related.

TV5’s entertainment block, however, is in a state of flux.

“We started the year by forming a partnership with Viva,” he recalled. “We tried it, and it didn’t work. We cut it in June. We fail fast and move forward [just as quickly].”

As of now, TV5’s entertainment menu mainly consists of US shows that are dubbed in Filipino: “The Walking Dead,” “Scandal,” “Nikita,” “Arrow” and “Flash.”

Coming up with Tagalized US series is in line with the network’s strategy of “counterprogramming,” he pointed out. “We recognize the strength of ABS-CBN and GMA 7 in producing teleseryes and entertainment shows,” he volunteered.

While the dominant players are fighting over the “40 and above” demographic, TV5 aims “to speak to a younger audience,” he said.

ADVERTISEMENT

Reyes noted that TV5 is wooing “the 20-29 age group, male and female, from the broad C-D segment of society.”

He conceded, however, that youthful audience members may not be as consistent as their elders in their televiewing habits.

“We know that young people are not watching as much TV as before. So, we have to be strong in the digital space, as well,” he asserted.

D5 Studio is tackling the issue head-on by producing digital content not only for TV5 and its sister companies, but also for advertising clients.

So, how does Reyes see TV5 growing in the next few years?

Instead of growth, “contraction” is on top of the agenda, he quipped. “We are rightsizing, streamlining, to be able to cope with the demands of the times.”

CHOT Reyes

CHOT Reyes

Curate content

More than a network, TV5 is now regarded as a “content company.” “At the core of our business is content. We create or acquire and curate content. Then, we distribute and communicate content across different platforms,” he remarked.

Yes, churning out homegrown shows is still in the pipeline. “We are aware that we should still be able to produce our own content on television and not just rely on dubbed US shows,” he owned up. “But we are giving ourselves time to build up our ability to create original content.”

Reyes welcomes the idea of teaming up with “young, budding directors and storytellers.” “We want to discover new talents. If you have a concept, pitch it to us,” he said. “If it’s good, we’ll let you use our equipment, studios, editing facilities… and give you air time.”

For Reyes, the mission is to ensure traditional media’s indispensability in the age of social media. (TV5 has harnessed social media’s potential as a platform, posting its online shows on Facebook. On the flip side, digital material can also be aired on free TV.)

“The challenge really is to create content that cuts through all the clutter,” he said.

There is a glut of content in the entertainment landscape today. As proven by Instagram, Twitter, Facebook and YouTube, “everyone can be a content creator.”

A media outlet needs to rise above the din in order to remain relevant, he clarified. “As long as your content is housed in a good platform… as long as your content addresses a passion point or a vital need, the audience will find you.”

Read Next
Don't miss out on the latest news and information.
View comments

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: Chot Reyes, D5 Studio, D5 Studio team, Digital5, Manny V. Pangilinan, Media5 Marketing Corp, Sports5, TV5 Network, Vincent “Chot” Reyes
For feedback, complaints, or inquiries, contact us.
newsinfo

Cops to move NDF’s Vic Ladlad to Camp Bagong Diwa

November 16, 2018 03:33 PM

sports

James Harden leads Rockets rout of Warriors

November 16, 2018 03:30 PM

newsinfo

2 die after drinking lambanog in Tarlac

November 16, 2018 03:26 PM



© Copyright 1997-2018 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.