Willie Revillame Not Renewing Contract with TV-5; 'Wowowillie' Ends October

Television host Willie Revillame decided not to renew his contract with TV-5 when it expires on October 15.   Willie announced his retirement on his show Wowowillie on Tuesday, May 22.

"Alam ninyo, may mga personal na rason na hindi ko na sasabihin sa inyo. Ako muna’y magpapahinga ng ilang buwan, ng isang taon o anuman, e, malalaman ninyo. Tatapusin ko na lang po ang kontrata ko sa TV5. Ang last day of my contract ay October 15. Maybe October 12 will be the last show ng Wowowillie," announced Willie.

"Ako ay sumulat na sa pamunuan ng TV5, ako po ay nagpaalam na - May 17. Actually po, sinagot na nila ako na I think tinatanggap nila yung aking pagpapaalam sa TV5," he added.

In the said letter, dated May 17, 2013 addressed to TV5 chairman Manuel V. Pangilinan and president and chief executive Atty. Ray V. Espinosa, which was published by The Philippine Star on May 22, Willie cited exhaustion for his decision to take a much-needed break from show business at the end of his contract.

Willie, in his letter said that the break will allow him to ponder whether to continue showbiz or just focus on his businesses, like the construction of a new hotel in Tagaytay and the soon-to-be-opening Wil Tower in Quezon City.

Meanwhile, TV-5 said they respect Willie’s decision in an official statement. "We respect the decision of Mr. Willie Revillame to retire upon the expiry of his contract with TV5. We wish him well in his new pursuits."

Willie, however, hinted that he will possibly appear in future shows after his break from showbiz.

"I Wil return," Willie told Ricky Lo when asked about his plans fro next year. He also said on-air "Kapag may nagsara na bintana, may magbubukas na pintuan. Basta mag-e-enjoy pa rin tayo."

Before Willie's announcement, a report published in popular blogsite said that TV-5 will not renew Willie's contract because the host was demanding for a Php 90 million talent fee per month. The report further added that upon learning that the network is not anymore renewing Willie's contract, the host immediately sent a resignation letter to make it appear that it was he who resigned way ahead.

Willie's camp, however, denied the report.

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