Negosyante News

November 5, 2024 4:41 pm

House Committee Denies ABS-CBN

IMG SOURCE: PhilStar

The franchise bid of ABS-CBN was denied by the House of Representatives Committee on Legislative Franchises on Friday, July 10,2020.

70 lawmakers of the House voted to adopt the technical working group’s (TWG) report recommending the denial of ABS-CBN’s franchise renewal.

11 lawmakers voted against, 2 inhibited, and 1 abstained.

With this resolution being adopted, the House has essentially denied the media giant’s franchise bid.

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