Monday, February 10, 2020
The quo warranto petition was lodged against ABS-CBN Corporation and its subsidiary, ABS-CBN Convergence Inc.
Calida said he wants to put an end to "highly abusive practices of ABS-CBN" which went unnoticed for years. For one, he said the network allowed foreign investors to "take part in the ownership of a Philippine mass media entity" despite being prohibited by the Constitution.
ABS-CBN's franchise will expire on March 30, and Pimentel's House Bill 5608 is one of several bills seeking to give the network another 25-year franchise.
But ABS-CBN can still go on air even after its franchise expires in March, a media expert said Tuesday.
The House of Representatives has yet to hear several bills seeking to renew ABS-CBN's franchise, which the government's top lawyer asked the Supreme Court on Monday to revoke.
The decision on whether to renew ABS-CBN’s franchise for another 25 years will ultimately depend on Congress and the president, who has repeatedly threatened to shut down the network for failing to air a political ad in the 2016 elections, among other issues.
President Rodrigo Duterte has consistently ranted against ABS-CBN, often complaining that the network did not air his political ads despite payment during the campaign.
As Duterte badgers the Lopezes to sell ABS-CBN, speculations mount that the President's campaign donor, Dennis Uy, may be a potential buyer. No deal has been made.
Infrawatch PH, an infrastructure-oriented thinktank, pointed out that Calida’s complaints, especially concerning ABS-CBN's use of Philippine Depository Receipts, can be resolved in franchise renewal proceedings in Congress.
Reminding the public of the upcoming anniversary of the 1986 EDSA revolution this month, the UP CMC asked Filipinos ensure that the freedoms regained 34 years ago will remain.
As many as 11,000 jobs are on the line in a possible ABS-CBN closure.
The NUJP has been holding weekly Friday protests to call on the government to renew the franchise. It's also leading a signature campaign against the ABS-CBN shutdown, which will be submitted to Congress for review.