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ABS-CBN

Manila News Philippines 

Quo warranto case vs ABS-CBN improper — former chief justice

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Credit to Author: Jomar Canlas, TMT| Date: Mon, 02 Mar 2020 16:19:09 +0000

Retired chief justice Artemio Panganiban on Monday said the quo warranto petition filed against ABS-CBN Corp. by the solicitor general was improper and that there were other remedies available to the network. Panganiban said Congress has the power to review the franchise renewal, but not the high court via a quo warranto proceeding. “Congress can say […]

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Manila News Philippines 

Govt won’t let up case vs ABS-CBN

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Credit to Author: Catherine S. Valente, TMT| Date: Sat, 29 Feb 2020 16:25:58 +0000

A petition of the Office of the Solicitor General (OSG) to nullify ABS-CBN Corp.’s franchise will still push through even after President Rodrigo Duterte accepted the network giant’s apology over a critical campaign commercial, a Malacañang official said on Saturday. In a media interview, Palace spokesman Salvador Panelo reiterated that Duterte’s displeasure with ABS-CBN had […]

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Manila News Philippines 

Lacson: ABS-CBN franchise to expire on May 4 even with ‘1,000’ congressional resolutions

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Credit to Author: The Manila Times| Date: Thu, 27 Feb 2020 07:33:56 +0000

SEN. Panfilo Lacson on Thursday said that the franchise of ABS-CBN Corporation would expire on May 4 whether Congress would pass “100 or 1,000 joint resolutions” to call for its extension. The senator stressed this amid debates whether the Senate and House of Representatives (HoR) could influence – through joint or concurrent resolutions – the […]

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Manila News Philippines 

Duterte accepts ABS- CBN apology but can’t tell SolGen off

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Credit to Author: Catherine S. Valente, TMT| Date: Wed, 26 Feb 2020 13:03:46 +0000

PRESIDENT Rodrigo Duterte has accepted the apology of television network ABS-CBN for airing a smear advertisement against him during the 2016 presidential campaign. Speaking to reporters in Malacañang on Wednesday, Duterte said he was accepting the apology of ABS-CBN, but would leave its franchise issue to Congress. “Yes…I accept the apology… Tao lang rin ako so.. […]

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Manila News Philippines 

Congress holds key to ABS-CBN franchise

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Credit to Author: Bernadette Tamayo| Date: Mon, 24 Feb 2020 17:33:25 +0000

CONGRESS could come up with a resolution authorizing the National Telecommunications Commission (NTC) to issue a temporary permit so that ABS-CBN Corp. could continue operating if lawmakers fail to renew its franchise this year, Justice Secretary Menardo Guevarra said on Monday. Guevarra made the point during the Senate inquiry to determine if the media giant […]

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Manila News Philippines 

Network chief to Duterte: Sorry

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Credit to Author: Ma. Reina Leanne Tolentino, TMT| Date: Mon, 24 Feb 2020 17:15:42 +0000

ABS-CBN Corp. finally apologized to President Rodrigo Duterte for its failure to air his political ads during the 2016 campaign period. ABS-CBN President Carlo Katigbak said Duterte’s camp paid P182 million worth of commercial spots — P117 million for national ads and P65 million for provincial spots. The ads for national spots were aired, but […]

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Manila News Philippines 

Bong Go to ABS-CBN: Be impartial

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Credit to Author: Javier J. Ismael| Date: Mon, 24 Feb 2020 17:08:30 +0000

SEN. Christopher Lawrence “Bong” Go on Monday demanded impartiality from ABS-CBN Corp. as he denounced the black propaganda aired by the network against then mayor and now president Rodrigo Duterte during the 2016 campaign period. Go was referring to the negative advertisement aired by the network against the President, which was paid for by former […]

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Manila News Philippines 

Act on ABS-CBN franchise, House told

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Credit to Author: Catherine S. Valente, TMT| Date: Thu, 20 Feb 2020 16:15:09 +0000

President Rodrigo Duterte wants Congress to act on the franchise renewal of broadcast giant ABS-CBN Corp., his spokesman said on Thursday. Palace spokesman Salvador Panelo said Congress should do their work, especially since Duterte was being blamed for the impasse over ABS-CBN’s franchise renewal. “The President said they should do something about it. Meaning to […]

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Manila News Philippines 

ABS-CBN Holdings Corp. holds PDRs; ABS-CBN Corp. owns ABS-CBN, DZMM

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Credit to Author: Emeterio SD. Perez| Date: Tue, 18 Feb 2020 16:20:08 +0000

ABS-CBN Holdings Corp. holds Philippine depositary receipts (PDRs) before their conversion into common shares in ABS-CBN Corp. The latter owns the ABS-CBN broadcast network and radio station DZMM, which are controlled by the Lopez family. As of Dec. 31, 2019, ABS-CBN Corp. has 883,294,529 issued common shares, of which 21,322,561 are treasury shares, according to […]

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Manila News Philippines 

Lawmakers eye status quo for ABS-CBN

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Credit to Author: Divina Nova Joy Dela Cruz| Date: Sun, 16 Feb 2020 16:16:31 +0000

A congressman is proposing that Congress issue a joint resolution calling on the National Telecommunications Commission (NTC) to allow ABS-CBN Corp. to continue operations while its franchise is being renewed. House Committee on Legislative Franchises Chairman and Ako Bicol party-list Rep. Alfredo Garbin Jr. made the proposal after Sen. Mary Grace Poe asked lawmakers to […]

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