“The House has indeed set a high and unforgiving bar in approving franchises. This may affect current active franchises,” -Poe

“The House has indeed set a high and unforgiving bar in approving franchises. This may affect current active franchises,” -Poe




The result would have been different if the Senate was the one who conducted the committee hearings, for one it would be headed by senator Grace Poe.
But as mandated by the 1987 Constitution, the House of Representatives is the sole body that can hear and grant franchise to tv/radio networks.


Senator Poe, has been known to have deep ties with the Lopez-controlled ABS-CBN Corporation made public her sentiments and expressed concern over the “high and unforgiving bar” set by the House of Representatives for future franchise applicants after they denied the ABS-CBN’s bid for an application.
Senator Grace Poe
(photo credit to owner)

“The House has indeed set a high and unforgiving bar in approving franchises. This may affect current active franchises,” she said.
In a historic event, the Kapamilya network was denied of a new 25 year legislative franchise, the House legislative franchises committee voted 70-11, favoring the denial of a new franchise due to various legal violations.


Among the supposed violations allegedly committed by the Kapamilya network includes ABS-CBN’s sale of Philippine Depositary Receipts to foreign investors, its use of tax avoidance schemes and the dual citizenship of the network’s chairman emeritus, Gabby Lopez.






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