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ABS-CBN says recall of frequencies has no additional impact

ABS-CBN CORP. said the National Telecommunications Commission’s (NTC) order recalling all its frequencies has no additional impact on the company.

PLDT studies opportunities in ABS-CBN’s SkyCable

PLDT, Inc. said Monday it was exploring opportunities in Sky Cable Corp., a subsidiary of ABS-CBN Corp. 

NTC recalls ABS-CBN frequencies

THE National Telecommunications Commission (NTC) has resolved to recall all the frequencies assigned to ABS-CBN Corp. after the House of Representatives in July denied the network’s application for a legislative franchise.

ABS-CBN films to stream on Singapore TV-on-demand platform

IN A BID to expand the reach of its content worldwide, ABS-CBN will be streaming select films from its library on Singapore’s StarHub TV-on-demand (TVOD) platform.

ABS-CBN launches new educational platform

ABS-CBN Corp. announced Monday its new digital platform meant to provide educational multimedia materials for young learners.

ABS-CBN to stop 12 news programs in provinces

EMBATTLED media company ABS-CBN Corp. announced on Wednesday the shutdown of 12 of its news programs in the provinces.

Justices dismiss ABS-CBN’s move to block closure order

THE SUPREME COURT dismissed for mootness the petition of broadcast network ABS-CBN Corp. to stop the order of the telecommunications regulator directing it to go off air.

ABS-CBN distributing more content to South America, Africa, Asia

MORE THAN a month after being denied a franchise, network giant ABS-CBN has pivoted and shifted its focus to expanding its distribution of shows to countries in South America, Africa, and Asia.

ABS-CBN incurs P3-billion loss after franchise rejection

ABS-CBN CORP. on Thursday reported an attributable net loss of P3.16 billion for the second quarter of the year, swinging from a profit of P695.80 million in the same period last year, after Philippine lawmakers rejected its bid to secure a 25-year broadcast franchise.

ABS-CBN doubles down on online presence

ABS-CBN’s failure to renew its broadcast franchise may have stopped it from showing its programs on free TV but it didn’t stop the embattled network from airing its programs online, doubling down on its online presence via Facebook and YouTube.

ABS-CBN in talks with banks on debts

ABS-CBN CORP. is now in talks with creditor banks on its long-term debts, expressing confidence that it will be able to satisfy its financial obligations despite the impact of the non-renewal of its broadcast franchise on overall operations.

ABS-CBN in talks with creditors on debt; shares fall 30%

Philippine broadcaster ABS-CBN Corp. said it’s in talks with creditors on its long-term debt, saying its financial obligations are manageable even after Congress rejected...

ABS-CBN shuts down theme park business KidZania

ABS-CBN CORP. announced on Wednesday that its theme park business, KidZania Manila, will permanently close starting Aug. 31.

ABS-CBN Film Restoration unit to shut down

CONGRESS’ refusal to renew the franchise of media giant ABS-CBN was undoubtedly a blow to the millions of Filipino households who watch the network’s shows on TV or radio, but the network’s shutdown also means that efforts to preserve the Philippines’ cinematic heritage have also gone down the drain.

OUTLIER: ABS-CBN franchise rejection drives trade volume of rival GMA

NEWS of Philippine lawmakers rejecting the franchise application of ABS-CBN Corp. drove market players to take positions — and later profits — on the stock of rival GMA Network, Inc. last week.

ABS-CBN shuts down sports department

ABS-CBN Sports will cease to exist effective Aug. 31 as a result of the non-renewal of the network’s franchise by the House of Representatives last week.

Risks seen in ABS-CBN franchise denial

THE PROCESS denying the renewal of ABS-CBN Corp.’s broadcast franchise could prove to threaten foreign direct investment as it undermines the rule of law, an economist said.

Alleged violations best taken to proper forum, says lawmaker

THE ALLEGED violations of ABS-CBN Corp. should have been taken to a proper forum, instead of serving as basis for the cancellation of its franchise, a senator said on Monday.

ABS-CBN shutdown: 1972 and 2020

On the morning of May 6, TV viewers in Metro Manila woke to an off-the-air ABS-CBN Channel Two. Instead of the morning news and talk-show, static drowned the TV screen. On May 4, Republic Act No. 7966, the law granting ABS CBN a 25-year franchise to broadcast on television and radio, prescribed. The following day, May 5, the National Telecommunications Commission (NTC) issued a Cease and Desist Order stopping ABS-CBN from operating its television and radio broadcasting stations absent a valid Congressional franchise as required by law. The law cited was Republic Act No. 3846 or the Radio Control Law of 1963.

ABS-CBN shares halted as TV giant loses franchise bid

ABS-CBN Corp. shares were halted by the Philippine Stock Exchange on Monday after lawmakers rejected the bid of the nation’s biggest media company for...

Sports leagues which call ABS-CBN home weigh options

FOLLOWING the rejection of lawmakers on Friday of ABS-CBN’s application for an extension of its franchise, sports leagues which call the network home are now made to weigh their options.

Senate majority leader wants ABS-CBN franchise reform instead of closure

SENATE Majority Leader Juan Miguel F. Zubiri proposed to reform broadcast franchises as he finds ordering the closure of companies that failed to secure renewal “too unreasonable and excessive.”

House to decide on ABS-CBN’s franchise on July 10

Lawmakers are expected to vote on the application of ABS-CBN Corp. for a franchise extension as they wrap up the scrutiny of the Lopez-led media network that had been ordered shut since early May.

Politicized media shutdown to drive away investors, says Fitch Solutions

THE “politicization” of the country’s telecommunications sector that led to the forced shutdown of the services of ABS-CBN Corp. and its affiliate Sky Cable Corp. will further dampen investor sentiment, Fitch Solutions Country Risk & Industry Research said.

ABS-CBN denies allegations of bias

A SHUTTERED broadcast network critical of President Rodrigo R. Duterte on Monday said it has mechanisms for handling mistakes amid allegations of bias.

ABS-CBN not tax delinquent, says BIR

ABS-CBN Corp., which the regulator ordered closed after its franchise expired last month, had paid all taxes, according to the Bureau of Internal Revenue (BIR).

NTC wants Sky Cable shut, demands refund

THE NATIONAL Telecommunications Commission (NTC) on Tuesday issued a cease-and-desist order against the direct broadcast satellite service of the Sky Cable Corp., a subsidiary of the embattled ABS-CBN Corp.

ABS-CBN to be asked out of digibox

THE National Telecommunications Commision (NTC) committed to the House of Representatives that it would order ABS-CBN Corp. to stop airing programs through digital television receivers or digiboxes.

Court says suit vs ABS-CBN moot

THE Supreme Court on Tuesday rejected a lawsuit filed by the Office of the Solicitor General seeking to void the franchise of broadcast giant ABS-CBN Corp. for being moot.

Court to hear ABS-CBN return-to-air plea on July

THE Supreme Court is set to deliberate on July 13 the petition of ABS-CBN Corp. seeking to stop the implementation of the order by the National Telecommunications Commission which directed the media company to go off-air on May 5.

ABS-CBN says PDR issuance ‘above board’

ABS-CBN Corp. assured lawmakers on Thursday that its issuance of Philippine Depositary Receipts (PDRs) is “above board” as evaluated by the government and market authorities.

ABS-CBN’s Lopez is 100% Filipino — SEC

ABS-CBN Corp.’s Chairman Emeritus Eugenio Gabriel L. Lopez III is “100% Filipino” despite being a dual citizen on account of being born in the United States, according to the Securities and Exchange Commission (SEC).

House panels want Lopez in ABS-CBN franchise hearings

TWO panels at the House of Representatives are calling on ABS-CBN Corp.’s Chairman Emeritus Eugenio Gabriel L. Lopez III to attend the next hearings on the franchise renewal of the media network.

The ABS-CBN shutdown and democracy

Communication academics, media advocacy groups, human rights defenders, journalists’ organizations, artists and other professionals, and even some congressmen and senators have condemned the shutdown of ABS-CBN.

House panels want Calida at ABS-CBN hearings

TWO COMMITTEES at the House of Representatives are calling on Solicitor General Jose C. Calida to attend the next hearings on the franchise renewal of ABS-CBN Corp.

Trolls attack ABS-CBN online signature drive

WORKERS’ groups at ABS-CBN Corp. on Monday said their online signature campaign for the renewal of the legislative franchise of the media giant had been “sabotaged” by trolls.

NTC told to comment on ABS-CBN injunction suit

THE Supreme Court has not yet ruled on the petition of ABS-CBN Corp. for a temporary restraining order against the cease-and-desist order of the National Telecommunications Commission (NTC) against the network, forcing it to stop airing after its legislative franchise expired.

Network warns of job losses by August

ABS-CBN Corp. employees are at risk of retrenchment by August if the Congress fails to grant a franchise that will allow the network to resume operations, the top official of the network said on Tuesday.

ABS-CBN interim permit recalled

THE House of Representatives reconsidered the second reading approval of House Bill (HB) 6732, which seeks to grant provisional franchise to ABS-CBN Corp. until October 31, 2020.

ABS-CBN says shutdown to ‘significantly impact’ revenues

ABS-CBN Corp. on Friday said the shutdown of its free-to-air television and radio operations “will significantly impact” the company’s media, networks, and studio Entertainment (MNSE) operations which generate billions of pesos in annual revenues.

House approves ABS-CBN provisional franchise on second reading

A BILL seeking to provide a provisional franchise to ABS-CBN Corp. until Oct. 31, 2020 was approved on second reading on Wednesday, the same day it was filed.

Senator proposes automatic extension of franchises

THE Congress may consider granting an automatic extension of franchises with pending renewal applications to close the gap in the law that led to the shutdown of ABS-CBN Corp., a senator said on Tuesday.

Cayetano asked to resume ABS-CBN franchise hearings

AUTHORS of the pending bills for the renewal of the franchise of ABS-CBN Corp. urged House Speaker Alan Peter S. Cayetano to facilitate the “immediate convening” of the House committee on legislative franchises.

ABS-CBN expects to lose up to P35 million daily when off...

ABS-CBN Corp. stands to suffer millions of pesos in foregone advertising revenues daily, impair its credit standing, and risks defaulting on debts after it was forced to stop broadcasting with the issuance of a cease-and-desist order (CDO) by the National Telecommunications Commission (NTC), the Lopez-led media network said.

Cayetano says Congress to hold hearings on ABS-CBN franchise

HOUSE SPEAKER Alan Peter S. Cayetano reiterated on Friday his assurance that the House of Representatives will do its job on the matter of the ABS-CBN Corp. broadcast franchise.