Basta aregluhin n’yo Congress: Bongbong Marcos believes there is no reason to deny ABS-CBN franchise
President Bongbong Marcos is not opposed to giving a franchise to ABS-CBN Broadcasting unlike his predecessor who aggressively lobbied to kill the Lopez family network.
ABS-CBN Broadcasting has given up trying to get a new franchise more than two years after getting yanked off the air.
Sad news for fans of US based franchise Randy’s Donuts. The newly opened branch in BGC will temporarily stop operations as it ran out of stocks. According to the post, the store had sold 70,000 donuts with more than 5,000 donuts sold daily since its opening earlier this month. However, they would need to close […]
Shares of Manila Water Co. jumped Monday after President Duterte granted the country’s two major water utility giants fresh 25-year franchises. It would be recalled that in late 2019 Duterte ordered the renegotiation of contracts for Manila Water and Maynilad to supply the capital until 2037 as he found provisions in the 1997 water concession […]
No news is good news: ABS-CBN shares hit the roof anew as investors cheer ‘low-key’ return to free TV
Shares of former media giant ABS-CBN Corp. hit market curbs again as investors cheered its “low-key” strategy in its comeback on free television.
It will take five years for the local franchise sector to bounce back and exceed the current number of outlets as the coronavirus disease 2019 (Covid-19) pandemic forced some franchise holders to close their businesses.
The National Telecommunications Commission (NTC) has recalled all frequencies of the embattled ABS-CBN Corp., seemingly putting the final nail in the coffin for the Lopez-led media company.
ABS-CBN assures it can pay P26B loans: Lopezes to put up more collateral following loss of franchise
The Lopez family assured that it can pay all of ABS-CBN’s financial obligations despite the mortal blow to its broadcasting business.
GMA Network Inc. is buying all of its Philippine Deposit Receipts (PDRs) held by foreigners in the market to avoid losing its broadcasting franchise for breaching the ban on foreign ownership in the media.
The National Telecommunications Commission is set to issue a new order directing media giant ABS-CBN Corp. to stop broadcasting its programs through channel 43.