- An online report went viral after claiming that the Congress already acted on the franchise renewal of ABS-CBN Corporation
- The report claimed that the network will shut down on March 30, 2020
- However, it has been reported that the claim was false
A social media report circulated online claiming that the Congress has already decided to junk the franchise of the largest media network in the country, ABS-CBN Corporation.
However, KAMI learned that this claim has been debunked.
In a report by French news agency Agence France-Presse (AFP), the online report claimed that the network will shut down on March 30, 2020.
“Confirmed: Kongreso nagbigay na ng hatol! ABS-CBN magsasara na sa March 30, 2020! Panoorin,” it said in the headline.
It was stated in the report that the Congress has already given a decision, following the state of President Rodrigo Duterte that he would now allow ABS-CBN to renew its franchise after what happened during the 2016 elections campaign.
It also mentioned that the network has already commented on the supposed decision.
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According to AFP, the House of Representatives did not act on the bill that sought for the franchise renewal of ABS-CBN in November 2018.
The four House bills regarding the franchise renewal are still pending, according to the official website of the House of Representatives.
In a previous report by KAMI, Senator Ralph Recto has filed a bill seeking to support the franchise renewal of ABS-CBN Corporation.
ABS-CBN Broadcasting Corporation is a giant entertainment company in the country. It was founded on June 13, 1946.
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