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Read the full statement of ABS-CBN regarding non-renewal issue.
Network giant ABS-CBN Broadcasting corporation has issued a statement regarding the non-renewal issue of the company.
The statement came after the Inquirer reported that the country’s largest radio-TV network is in a bind after failing to renew its legislative franchise before the 16th congress adjourned on June 30.
The article cited that ABS-CBN will be having difficulties in getting a new 25-year franchise from the 17th congress since most of the officials are in favor of president-elect Rodrigo Duterte.
The report added that Duterte and his supporters are “unhappy” about the network’s reports during the campaign.
In the statement published on Instagram, it says that the corporation’s franchise to operate will expire in 2020.
Also Read: ABS-CBN finds difficult getting a new, 25-year congressional franchise Or End Broadcast At 2020
Biased journalism and not even a hint of subtlety haha, kapalmuks!