last Viva TV-produced program was aired on IBC on March 1, 2003, to fulfill the contract. On December 12, 2003, IBC launched its new logo and its new slogan "Ang Bagong Pilipino" (The New Filipino) with a freestyle station ID. In late 2007, IBC inked a deal with the Makisig Network, led by Hermie Esguerra, as a primetime block-timer of IBC. However, Makisig Network's programs were not aired due to questions on the propriety of the terms and conditions of the agreement. Said agreement expired in October 2008. Abandonment and privatization After four decades of serving the network's dominance and entertainment programing, IBC-13's studios and facilities were abandoned due to negligence and their network's mismanagement. Their studio equipment, cameras, lighting and props were dilapidated and very old. Cash and budgets were cut short and they could not afford to utilize radio and television operations. Their programming and airtime had been lost after a network war in the late 1980s and the 1990s and many employees lost their jobs. The network suffered more than 800 million pesos worth of back wages to its employees, some of whom were very elderly or had worked in the network since the 1980s. , IBC has 200 employees, 29 of which are talents or employed on a "contractual basis", particularly from the news and public affairs and production. The management tried to revive the ill-fated network, but these plans failed. There were several plans to sell and privatize IBC and RPN. TV network ABS-CBN was planning to buy the network's blocktime to address signal problems and mimic the former's program, but ABS-CBN could not join the privatization bid due to ownership regulations. In 2011, IBC entered into a joint venture agreement with Prime Realty, an affiliate of R-II Builders Group of Reghis Romero Jr. The agreement called for the development of 3.5 hectares of Broadcast City. With this joint venture agreement with a private business enterprise, the Aquino administration expressed its desire to privatize both RPN and IBC and retain the People's Television (PTV) as the sole government TV network. It was also announced that conglomerate San Miguel Corporation would join the government-sponsored bidding for the privatization of RPN and IBC. AKTV, privatization bids and property issues IBC signed a blocktime agreement with TV5's sports division Sports5 to air live sports coverage via its sports programming block AKTV. It was launched on June 5, 2011,