Showing posts with label Franchise Renewal. Show all posts
Showing posts with label Franchise Renewal. Show all posts

Interesting Details With The ABS-CBN Franchise Hearing

Probably the most talked about topic for Filipinos right now is not the COVID-19 epidemic, nor the the latest K-Drama but is about the renewal of the franchise of ABS-CBN which has now reached the committee tables of the Philippine Senate. Led by the chairpeerson Senator Grace Poe, the Senate committee on public services called on parties seeking broadcast renewals including executives and legal consels of the Kapamilya network.

It was attended by top executives like Carlo Katigbak, Cory Vidanes, and key personnel that will be able to answer questions regarding technicalities and clear up speculations that were also connected with the renewal proceedings. Representatives from government departments like the Department of Labor and Employment (DOLE), Bureau of Internal Revnue (BIR), and the Securities and Exchange Commission (SEC) to address any violations or other issues regarding the franchise conditions.

So What Happens To ABS-CBN After March 2020?

People are really talking about what will happen to the TV network ABS-CBN after their broadcasting franchise will expire by the end of March 2020. As the biggest station in the country and also has branched out into different media entities, the thought of losing the network, all its shows, and all of its employees is a huge blow to broadcast media. Many of Filipinos grew up watching their shows and got to know their stars. 

And if you ask me, there are countless of memories from the people of ABS-CBN and their content, which new ones are still generated everyday for the entertainment and information of the public. Though let's look back on some of the shows and channels that the Kapamilya network has made an impact in my life.

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