Thursday, April 3, 2008

Gabby Concepcion want to return P1.75-million to GMA

GMA officials again reminded or many described it as a mild ultimatum to Gabby Concepcion about his contract obligations to GMA Films.

GMA Films' lawyers earlier sent a letter to the actor notifying him of his existing contract. Reportedly, GMA producers gave a initial payment worth P1.75-million for his comeback movie.

In a change of event, Gabby also signed a two year contract with kapuso rival network, ABS-CBN. Now, Gabby and his manager decided to just return the P1.75-million downpayment with interest.

Meanwhile, GMA Films President Annette Gozon-Abrogar replied that it’s up to them to accept the terms of Gabby’s camp.

Annette said, “It was already a contract. It was partially executed and they cannot just finish a contract with that".

“Hindi pwedeng solian lang ng kandila. Pagdating sa ganyan (We can’t just break ties just like that. When it comes to a contract) we should respect it," she added.

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