ABS CBN is currently on its last three months as its broadcast rights will expire on March 30th. Moreover, President Rodrigo Duterte encourages the company to just sell the network.
“Itong ABS, mag-expire ang contract ninyo. Mag-renew kayo, ewan ko lang kung may mangyari diyan. Kung ako sa inyo ipagbili niyo na ‘yan. Kasi ang mga Pilipino ngayon lang makaganti sa inyong kalokohan. And I will make sure that you will remember this episode of our times forever,” states President Rodrigo Duterte.
In the event that ABS CBN franchise renewal will be denied, the network is speculated to be shifting to its online platform, digital app iWant. iWant is a content platform allowing users to watch live video streaming and on demand contents of ABS CBN. To date, iWant has 12 million registered users – 2 million active monthly users. Meanwhile, its Youtube channel has 15 million subscribers for entertainment and 5.6 million for news.