Amid pending franchise bill, ABS CBN can still operate until June 2022 according to House Representative leader, despite its pending franchise expiration in March this year. According to House Legislative Franchise Committee Vice Chairman Isabela Representative Tonypet Albano, the network can continue since there are pending bills for the extension of its legislative franchise. Read more: With pending franchise bill, ABS CBN can still operation until June 2022, a Panay News article.
To date, there are 11 bills seeking for the renewal of the ABS CBN franchise for 25 years – these bills remain pending since these were filed August 2019.
“We want to allay the fears of the public and the [ABS CBN] employees, ABS CBN will not cease to exist unless Congress acts on it,” states Albano in a press conference, as published in an article by Panay News.
“ABS CBN may actually continue to legally operate under its existing franchise until the end of 18th Congress or until that franchise is formally terminated. We are not delaying it. We have enough time. We are proceeding steadily but cautiously, given the highly-charged atmosphere,” adds Albano.
Moreover, Albano adds that the network can seek provisional authority before the National Telecommunications Commission (NTC) as a remedy. The Office of Solicitor General has filed a quo warranto petition to revoke ABS CBN’s legislate franchise due to alleged foreign ownership by bypassing the authority of the NTC. To add, ABS CBN reiterates that it has not violated any law.