House to decide on new ABS-CBN franchise 'by August' – Cayetano

Philippines News News

House to decide on new ABS-CBN franchise 'by August' – Cayetano
Philippines Latest News,Philippines Headlines
  • 📰 rapplerdotcom
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 86%

The House committee on legislative franchises will resume its hearings on the ABS-CBN franchise bill on May 26. ABSCBNFranchise

ABS-CBN CLOSURE. Several ABS-CBN supporters light candles in front of the network's Quezon City headquarters after it was ordered shut down on May 5, 2020. File photo by Angie de Silva/Rappler

MANILA, Philippines – Speaker Alan Peter Cayetano said the House “should be ready to decide” on the grant of a fresh 25-year franchise to ABS-CBN in August, which means the network would have to stay off-air for another 3 months.moved to drop the bill that would have granted the media giant a provisional franchise“I foresee that the hearings would not go beyond July, and by August, after President Duterte’s SONA, we should be ready to decide,” Cayetano said.

House committee on legislative franchises chair Franz Alvarez told Rappler on Wednesday, May 20, that their next ABS-CBN hearing is already scheduled on Tuesday, May 26. The Speaker said the House panel would likely finish the hearings after President Rodrigo Duterte delivers his 5th State of the Nation Address in late July.

Cayetano made the announcement even after ABS-CBN president and CEO Carlo Katigbak told senators the day before that the media giant may beginCayetano said the panel will be looking into “no more than 10 issues” hounding ABS-CBN, including the network’s alleged violations of tax and labor laws as well as its franchise terms, and its supposed foreign ownership.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

rapplerdotcom /  🏆 4. in PH

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

ABS-CBN eyes retrenchment of workers by August — KatigbakABS-CBN eyes retrenchment of workers by August — KatigbakABS-CBN Corporation may consider beginning the retrenchment process of its workers if it fails to resume operations by August.
Read more »

House returns ABS-CBN franchise bill to committeeHouse returns ABS-CBN franchise bill to committeeThe House of Representatives recalled its second reading approval of a bill granting television network ABS-CBN Corporation a provisional franchise until October 31, 2020. |Read:
Read more »

House suspends deliberations on ABS-CBN provisional franchise billHouse suspends deliberations on ABS-CBN provisional franchise bill
Read more »

House reopens debates on interim franchise for ABS-CBNHouse reopens debates on interim franchise for ABS-CBN
Read more »

House unlikely to pass ABS-CBN franchise before Congress break in June: senatorHouse unlikely to pass ABS-CBN franchise before Congress break in June: senator
Read more »



Render Time: 2025-03-14 11:15:55