Here is the statement of ABS-CBN regarding this matter:
Vice Ganda and Ogie Diaz have mutually agreed that effective November 2011, Vice Ganda will be under the management of ABS-CBN. Vice will be handled by Business Unit Head, Deo Endrinal for the Kapamilya Network. Both Vice Ganda and Ogie Diaz remain exclusive artists of ABS-CBN.
Bong R. Osorio
ABS-CBN Head of Corporate Communications