Lawmakers cite 'competition concerns' in backing ABS-CBN franchise bill

Lawmakers cite 'competition concerns' in backing ABS-CBN franchise bill

A lack of competition in the industry is a "compelling reason" to grant ABS-CBN a new franchise, a lawmaker said Wednesday.

LIVESTREAM: House committee tackles ABS-CBN franchise bills

MANILA, Philippines – The House legislative franchises committee convenes on Wednesday, February 5, to discuss the status of ABS-CBN, the first time in two years that the panel included the former broadcast giant on its agenda. Based on the House website, a briefing is set on the “ABS-CBN application in light of the Philippine Competition Commission’s report on the alleged high market concentration in the broadcast industry.” In January, ways an…

Congress to discuss ABS-CBN Franchise renewal on February 5 - LionhearTV

The House Committee on Legislative Franchises, chaired by Rep. Gus Tambunting, is set to deliberate on a bill seeking to grant ABS-CBN Corporation a new 25-year franchise on Wednesday, February 5. The proposed measure, House Bill No. 11252, was filed by Albay Representative Joey Salceda and aims to restore ABS-CBN’s authority to operate its radio and television broadcasting stations. The bill was among those that passed the first reading in the …