Philippines – The TV and movie director, Laurenti Dyogi communicated in a new question and answer session that he isn’t any longer expecting the restoration of ABS-CBN’s establishment. During the press send off of ABS-CBN’s Slay computerized magazine at Resort’s World Manila on May 4, Dyogi enlightened platforms on his ongoing experiences regarding their absence of establishment with the expectation …

Despite the tax office has confirmed that ABS-CBN pays taxes on a daily basis, President Rodrigo Duterte has maintained that even though its franchise is extended, the broadcasting company will not be permitted to work until its owners pay their outstanding taxes. In view of this, Duterte shared that while it is within the authority of Congress to award a …

It’s still surprising how the rejection by a House committee of ABS-CBN’s proposal for a fresh franchise is already final since no lawmaker challenged his decision, the chair of the panel highlighted. In view of this, Rep. Franz Alvarez, chairman of the House Legislative Franchises Committee, said that each of the 70 lawmakers who voted to deny the franchise proposal …

Amidst the things that happened to the networks, for the meantime, the audiences who hope to see more of their beloved ABS-CBN shows airing on TV5 after the latest partnership of the two networks will have to moderate their hopes. In view of this, TV5 Network Inc. and Manuel V. Pangilinan, chairman of Cignal TV, told The STAR that before …

As part of efforts to streamline the organizational structure of the Lopez Company by cutting the number of public holding entities, Lopez Holdings Inc. will exit the local stock exchange. Surprisingly, The Lopez Holdings told the local stock exchange that the firm will voluntarily delist until First Philippine Holdings Corp. (FPH), its power arm, completes the acquisition of up to …

METRO MANILA – Despite the closure of ABS-CBN Corp, the problem may soon be far from over as lawmakers are calling for an investigation into the resumption of operations to air some of its program through a deal with the licensed television station, ZOE Broadcasting Network. New House Minority Leader Joseph Stephen Paduano has called the National Telecommunications Commission (NTC) …

METRO MANILA – ABS-CBN chairman emeritus Eugenio “Gabby” Lopez III has tendered his resignation and left the network and other Lopez-owned companies on Thursday, citing ‘personal reasons’. The announcement came just as the company held it’s first stockholders’ meeting since the house rejected it’s application for a franchise renewal. ABS-CBN made the announcement through the Philippine Stock Exchange, citing that …

METRO MANILA – Educational theme park KidZania Manila, an amusement facility owned by ABS-CBN Corporation, will be permanently cease operations by August 31, 2020 due to the long-term effects of the Covid-19 pandemic. Accordingg to ABS-CBN subsidiary Play Innovations Incorporated, the company has decided to closed down the KidZania Manila’s operations after complying with the government’s effort of preventing the …

MANILA – Solicitor General Jose Calida praised the House of representatives for the decision to kill the franchise application of ABS-CBN. With the Solicitor General paraphrasing one of lines of Frank Sinatra’s most popular songs, telling the network: “And now, the end has come.”, the House franchise committee voted 70-11 on Friday to reject ABS-CBN’s franchise renewal. According to Calida, …

MANILA – With the franchise renewal application of ABS-CBN denied by the House of Representative, Vice President Leni Robredo urged the public to remember the names of the representatives who voted against the renewal and hold them accountable. [A] Pahayag ni Vice President Leni Robredo ukol sa pagbasura ng Kamara sa franchise renewal ng ABS-CBN Full text here: https://t.co/BH8ZRQklor pic.twitter.com/0fySxewzE5 …