ABS CBN Franchise Renewal: Senate President Vicente Sotto III moves for the franchise renewal of ABS CBN Corporation, which legislative franchise has been denied six months prior. Read more: Sotto moves for ABS-CBN’s franchise renewal, an article by GMA News.
Senate Bill No. 1967, authored by Sotto, aims to renew the franchise of the media giant to construct, install, operate, and maintain television and broadcasting stations in the country for another 25 years. Read: ABS CBN Shutdown Sparks Outrage, Network Vows Comeback
Sotto believes that the renewal has a ‘better chance’ now with ‘new house speakers and new officers’.
“I noticed the TV stations have been replacing their news programs with Animes. It means competition is absent and mediocrity is creeping in because of the absence of a strong competitor like ABS-CBN,” states Senate President Vicente Sotto III in an article by the Inquirer. Read more: Sotto files fresh bill to revive ABS-CBN franchise.