MANILA -- Kris Aquino formally renewed her contract with ABS-CBN on Tuesday afternoon, ending speculations that she was planning to transfer to a rival network.
The host-actress described the new contract as "stricter" as she refused to divulge specific details including the contract duration.
"It's much stricter now. Kapag pasaway ka, maraming bawas kaya kailangan behave," she said, adding that the contract includes creating content for the newly launched ABS-CBN Mobile, such as an exclusive online show.
"I am happy kasi kasama ako sa Kapamilya Caravan, so kasama ako sa pagpunta sa Dubai ng 'ASAP.' So next week, see you all there," she said, referring to “ASAP Live in Dubai” which will be held on January 24 at the Dubai Festival City.
Present during Aquino's contract signing were ABS-CBN executives led by chairman Eugenio "Gabby" Lopez III and president and CEO Charo Santos-Concio.
Aquino, who has been with ABS-CBN for 19 years, revealed that the central part of her new contract deals with "not just talk but magazine, reality, probably cooking, and a game show."
While she won't be doing a television series, she hinted that she may do a new show with friend Boy Abunda.
"Sinabi nila na huwag kong pag-usapan but it's really happening this February. But it's not once a week para wala silang isipin na may mapapalitan o matatanggal. It is something that came about because the time is right," she said.
Own production company
In the interview, Aquino stressed that she had no plan of leaving ABS-CBN but revealed that if negotiations didn't push through, she had plans of putting up her own production company.
"Who would want to leave if you are with No. 1? Kung tatanungin mo ako eh malaking factor ang advice ng family ko and my sisters. Siyempre kasi nung nag-uusap-usap kami, ang iniisip kong option -- and finally now pwede nang pag-usapan ito -- kung hindi man sa ABS-CBN, I would have gone in a different direction and not entertainment," she said.
"So para once and for all ma-klaro 'yon, 'yung ibang options na napag-usapan, hindi related sa field of television 'yun. Ang posible sanang mga tatahaking landas -- and ang sinabi ko 'yung totoo -- sinabi ko na kung hindi kami nagkasarahan dito, 'yung kinita sa 'Little Bossings' ay gagastusin ko sana to set up my own production company and be a block-timer on TV," said Aquino, who was one of the producers of the Metro Manila Film Festival entry "My Little Bossings," which marked the movie debut of her son James "Bimby" Yap Jr.
"Pero 'yung para nanggaling ka dito tapos lilipat ka ng buong buo for something like this, hindi po 'yon talaga ang napag-usapan. Klarong klaro lang," she stressed, adding that part of that fall-back plan was to become an "Independent contractor."
"Anybody who is up for contract renewal, you will negotiate. ...Kung hindi na interesado sa inyo ang kumpanya, hindi na sila makikipag-negotiate sa inyo. So in-exercise ko lang ang karapatan ko bilang contractual talent," she added.
Aside from her work as a host for ABS-CBN, Aquino said part of her future plans is to expand her transportation business with actor Luis Manzano and to venture into the food industry.
"Siguro mas babagay siguro na pagkatapos ng entertainment, susubukan kong maging negosyante," Aquino said.