House Ways and Means Chairperson Joey Salceda on Tuesday, January 7, files a bill seeking to grant ABS-CBN a fresh franchise.
Full story: https://www.rappler.com/philippines/congressman-salceda-bill-grant-abs-cbn-franchise-january-2025/
Full story: https://www.rappler.com/philippines/congressman-salceda-bill-grant-abs-cbn-franchise-january-2025/
Category
🗞
NewsTranscript
00:00House Ways and Means Chairperson Joey Salcedo on Tuesday, January 7, files a bill seeking
00:06to grant ABS-CBN a fresh franchise.
00:09This nearly five years after its bid was denied under the Duterte administration.
00:13The move comes after a two-year pause with lawmakers under President Ferdinand Marcos
00:17Jr. now pushing for the network's revival on free television.
00:22Salcedo cites in the explanatory note of House Bill No. 11252 clarifications from the Securities
00:27and Exchange Commission and the Bureau of Internal Revenue.
00:30This confirmed that ABS-CBN complied with ownership rules and had no pending tax liabilities.
00:36It is widely believed that Duterte's grudge against ABS-CBN following an anti-Duterte
00:40campaign ad in 2016 was the main reason the franchise was not renewed in 2020.
00:46In May 2020, the National Telecommunications Commission shut down ABS-CBN after its 25-year
00:51franchise expired.
00:53In July 2020, the House voted against renewing the network's franchise.
00:57Various groups view the ABS-CBN shutdown as a critical attack on press freedom in the
01:02country.
01:03It also led to the retrenchment of thousands of employees.