- Senator Ralph Recto has filed a bill seeking to grant the franchise renewal of ABS-CBN
- The bill proposes to renew the franchise for another 25 years
- The current franchise of ABS-CBN is set to expire on March 2020
Senate President Pro Tempore Ralph Recto has filed a bill seeking to grant the franchise renewal of ABS-CBN Broadcasting Corporation.
KAMI learned that the bill aims to renew the franchise for another 25 years.
In a report by the Inquirer (author Maila Ager), the Senate Bill No. 981 states that ABS-CBN is the country’s largest entertainment company that has maintained its commitment to reach out to as many Filipinos in the Philippines.
“Despite the growing popularity of social media, television still remains as a preferred mass medium in our provinces and other far-flung areas,” it stated in the bill.
“ABS-CBN has remained steadfast in its commitment to reach out to as many Filipinos as possible by delivering their quality core programs closer to our countrymen by taking advantage of emerging broadcast technologies,” it added.
The franchise of ABS-CBN is set to expire on March 30, 2020.
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Here is the screenshot from the official website of the Senate:
You may read more about the bill here.
In a report by KAMI before, President Rodrigo Duterte strongly opposed the franchise renewal of ABS-CBN. He accused the company of being “biased” and being a “fraud.”
KAMI also reported earlier that the Palace has clarified that the franchise renewal will depend on the decision of the Congress and not on President Duterte.
ABS-CBN Broadcasting Corporation is a giant entertainment company in the country. It was founded on June 13, 1946.
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