ABS-CBN permanently shuts down! Congress by a vote of 70-11 denies new franchise petition

ABS-CBN permanently shuts down! Congress by a vote of 70-11 denies new franchise petition

The Lopez controlled ABS-CBN Corporation failed to get a new 25 legislative franchise.
In a vote of 70-11 vote, the House legislative franchises committee rejects ABS-CBN franchise renewal.

The vote result is as follows:

(photo credit to owner)

Members who voted YES: 70
Members who voted NO: 11
Members who INHIBITED: 2
Members who ABSTAINED: 1
The vote will permanently shut downs one of the largest media network in the country.
The House committee has voted to deny the application of ABS-CBN Corporation for a franchise to construct, install, establish, operate and maintain radio and broadcasting stations in the Philippines.

“By no means can this franchise application be related to press freedom,” said the findings of a technical working group that prepared the resolution. “It is what it is — a denial of a privilege granted by the State because the applicant was seen as undeserving of the grant of a legislative franchise.”
After 12 days hearing of the legislative franchise and good government and public accountability committees discussed various issues such as citizenship of the network’s chairman emeritus Gabby Lopez, alleged labor violations, tax-evasion, as well as alleged political bias, among others.

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Report from Tribune

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