Abs CBN Franchise Renewal

Press Release
February 13, 2020
GRACE POE ON ABS-CBN RESO:
The resolution on ABS-CBN Corporation initiates the discussion of the Senate Committee on Public
Services on the compliance of the grantee with the terms and conditions of its franchise and to allow all
parties to air their side.
This is part of the Senate's oversight function over any franchise and not just ABS-CBN, as mandated by
the Constitution and the Senate Rules.
Due to the gravity of the allegations and its possible effects, the Committee has deemed it appropriate
to lay the groundwork for a possible inquiry in the spirit of public interest.
The discussion in the Senate does not preclude any action in the House of Representatives or the
Supreme Court. The issue on subjudice regarding legislative inquiries has long been resolved by the
Supreme Court in Sabio vs. Gordon and in the cases that reiterate it: "On-going judicial proceedings do
not preclude congressional hearings in aid of legislation".
IMPLICATIONS
We do not know yet the whole story behind this issue unless it is proven that ABS - CBN Television
network has a violation against the law. According to ABS - CBN, they followed all the law requirements.
Network officials said they paid their taxes already. Even if we say the network had committed mistakes
against the law from the past. Still, they should be given a chance to correct their mistakes they have
made. They should also be given a chance to heard before the senate panel. We cannot directly say
anything against network at this time, unless they are proven guilty, unless the court will decide to close
the network. But before they make any move to do that thing, they should have to think twice of what
would be the result if the network will close. For past many years up to this present time, ABS -CBN is
bringing joy to every Pilipino both locally and abroad. They help many Pilipinos during calamities and
disasters through their programs sagip kapamilya, bantay bata, bantay kalikasan. ABS - CBN deserves
another chance to renew their franchise and to operate.
Read more on Brainly.ph - https://brainly.ph/question/2638902#readmore
IF troubled TV network giant ABS-CBN fails to retain its franchise, this will inflict a massive toll on the
Lopez-led group’s performance in the market, an analyst said.
“Telebroadcasting is a significant part of ABS-CBN, so a non-renewal of its franchise would be a drag to

the company,” Japhet Louis Tantiangco, research analyst at Philstocks Financial Inc., told The Manila
Times on Friday.
Tantiangco said without the franchise, the company would go through “challenging times as it builds
new business strategies to cope with the new circumstances.”
It was in early 2017 when Duterte started his tirade against the network for allegedly airing biased
stories against him. This was fanned by ABS-CBN’s airing of a political ad showing him cursing and
making rape jokes.
The President in late December said it would be wise if the media giant sold the company because “it’s
only now that Filipinos would be able to get back at your wrongdoings.”
ABS-CBN has kept mum on the issue.
Tantiangco said, however, that while the non-renewal of the franchise would be a “heavy opportunity
loss” for the network, “it would most likely survive given that its income sources are diversified.”
Tantiangco said ABS-CBN could stamp its footprint in other businesses, including digital, cosmetics and
financial technology.
In 2019, ABS-CBN began its venture into other industries, outside of media, which may “serve as a
cushion” amid uncertainties with its franchise renewal. The network pursued its deals with cosmetics
brand Ever Bilena Cosmetics Inc., information and technology firm iBayad Online Ventures and The
Chosen Bun Inc.
On TV5’s openness to air ABS-CBN shows, Tantiangco said: “The blocktime agreement offer would entail
costs for ABS-CBN, so we’ll have to look into this first.”
Cagayan de Oro Rep. Rufus Rodriguez said the House of Representatives should start acting on the
pending franchise renewal, as he expressed support for the TV station.
“Congress must uphold the Constitution to ensure press freedom,” Rodriguez said.
The National Union of Journalists of the Philippines also launched an online signature campaign for 1
million signatures to urge Congress to extend ABS-CBN’s franchise.
As of 12 noon on Sunday, more than 26,000 people had signed the petition.
‘No constitutional crisis’
Palace spokesman Salvador Panelo said there would be no “constitutional crisis” if the Office of the
Solicitor General (OSG) would file a case against ABS-CBN over alleged violations on its franchise.
Panelo was reacting to Sen. PanfiloLacson’s warning of a “constitutional crisis” if the Supreme Court
would grant the OSG’s quo warranto petition to revoke the media network’s franchise because its
renewal was in the hands of Congress.
Panelo said Solicitor General Jose Calida had the responsibility to file cases against violators of the law.
He added that charges in violation of the franchise were different from the issuance of a franchise.
Panelo said the unpaid taxes of the Lopez Holding Corp., the parent company of ABS-CBN, was one of
the bases for the quo warranto petition.
ABS-CBN’s franchise is set to expire in March. Republic Act (RA) 7966, which granted it 25-year franchise,
was enacted on March 30, 1995.
Nine bills seeking to extend ABS-CBN’s franchise have been filed and are pending deliberations at the
House of Representatives’ Committee on Legislative Franchises. Under RA 3846, radio and television
broadcast stations are required to seek a franchise from Congress before being allowed to operate.
WITH DIVINA NOVA JOY DELA CRUZ

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Press Release

February 13, 2020

GRACE POE ON ABS-CBN RESO:

Read more on Brainly.ph - https://brainly.ph/question/2638902#readmore

“Telebroadcasting is a significant part of ABS-CBN, so a non-renewal of its franchise would be a drag to

‘No constitutional crisis’

WITH DIVINA NOVA JOY DELA CRUZ

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