According to the news website, the Kapamilya network’s 25-year franchise expires on March 30, 2020.
In a press statement posted on Instagram, ABS-CBN confirmed the date of expiry of their franchise.
Giorgidi Aggabao, filed in September 2014, and another by Baguio Rep. Aliping Jr., filed in December of the same year,” reported.
“The bills would renew ABS-CBN’s right to operate TV and radio broadcasting stations in the Philippines through microwave, satellite or whatever means, including the use of new technologies in television and radio systems,” the report said.
Two bills were introduced in the 16th Congress for the renewal of ABS-CBN’s franchise granted in March 1995: one by Isabela Rep. The bills would renew ABS-CBN’s right to operate TV and radio broadcasting stations in the Philippines through microwave, satellite or whatever means, including the use of new technologies in television and radio systems.
Giorgidi Aggabao, filed in September 2014, and another by Baguio Rep. The Inquirer contacted several ABS-CBN executives for comment, but the Lopez-owned broadcast network declined to comment for now.It noted that Urban Luzon represents 77 percent of all urban TV households in the country, while Mega Manila accounts for 60 percent.Specifically, GMA said it led in total day ratings in Urban Luzon with a household audience share of 38.9 percent, ahead of ABS-CBN’s 30.3 percent and TV5’s 7.7 percent.The ABS-CBN’s 25-year congressional franchise renewal to be renewed now under the 17th Congress of the presidency of Rodrigo Duterte, it would be happen anymore. The Philippines’ largest radio-TV network is now looking down a more difficult road to getting a new, 25-year congressional franchise from the 17th Congress, especially in the face of its spat with President-elect Rodrigo Duterte.House Bill Number 4997 or “An act renewing the franchise granted to ABS-CBN Corporation (formerly ABS-CBN Broadcasting Corporation) under Republic Act Number 7966 or ‘An act granting ABS-CBN Broadcasting Corporation a franchise to construct, install, establish, operate, and maintain broadcasting stations in the Philippines, and for other purposes’ for twenty-five (25) years from the effectivity of this act” filed by Baguio City Rep. Duterte and his supporters are unhappy about ABS-CBN’s attacks against him during the campaign season.ABS-CBN, meanwhile, said it was the leading television broadcast company in Visayas and Mindanao.