(Eagle News) — President Rodrigo Duterte has renewed the franchise of Philippine Broadcasting Corporation. Under Republic Act 11240 signed by Duterte on March 8, the PBC franchise was extended to 25 years. Earlier, Duterte extended the franchises of Philippine Communications Satellite Corp. and of the University of Mindanao Broadcasting Network, which operates AM and FM stations in the region. Their franchises were also extended to 25 years.
Tag: franchise
Senate approves transfer of ownership of Mislatel Inc. to the company’s partners in consortium
(Eagle News) — The Senate on Wednesday, Feb. 6, approved the transfer of ownership of Mindanao Islamic Telephone Co. Inc. (Mislatel Inc.) to its partners in the consortium that was named the third telecommunications player in the country. Only three senators–Senator Panfilo Lacson, Senate Minority Leader Franklin Drilon and Senator Risa Hontiveros—voted against making Mislatel Consortium–composed of Dennis Uy’s Udenna Corp., China Telecommunications Corp. and Chelsea logistics Holdings Corp.—the owner of Mislatel Inc. Drilon had […]
Duterte threatens to block ABSCBN’s franchise renewal anew
(Eagle News)–President Rodrigo Duterte on Thursday, Nov. 8, threatened to block the renewal of ABSCBN’s franchise anew. In a speech during the distribution of land to agrarian reform beneficiaries in Boracay, Duterte again noted what he said was ABSCBN’s failure to air his advertisement during the 2016 elections even if he had already paid for such. “One thing is that, you know, when you do that to many people it’s fraud. You’re actually a fraud if […]
NBA: Celtics ink Pierce to one day contract
BOSTON, United States (AFP) — American forward Paul Pierce signed a one-day contract with the Boston Celtics on Monday in a move that allows him to retire as a member of the NBA franchise. The 39-year-old Pierce spent the first 15 years of his career with Boston, helping the club to a league championship in 2008. “It’s an honor to have this opportunity to once again call myself a Boston Celtic,” said Pierce, a 10-time […]
‘Transformers’ leads the box office despite its lowest opening in the franchise
Reuters — “Transformers: The Last Knight” knocked “Cars 3” off the top of the United States box office for the weekend ending Sunday (June 25). The action sequel, which arrived in theaters on Wednesday (June 21), took in over $69 million between opening night and Sunday, $45.3 of which was on its opening 3-day weekend, according to film tracking website Box Office Mojo. On its first night in theaters, “Transformers: The Last Knight” made $15.7 […]
3rd Entrepreneur and Franchise EXPO successfully launched
QUEZON City, Philippines (March 15)- The (EFE) Philippines, considered as the Philippines’ number one trade & consumer exhibition for local and international franchise businesses was successfully launched last Friday, March 11, 2016. It is showcasing over 100 top franchise businesses, as well as innovative Small and Medium Enterprises (SMEs). This three-day event with the tagline “Your Step To Success” runs until Sunday, March 13, 2016 at Megatrade Hall 1, 5th Floor, Mega B, SM Megamall in Mandaluyong City. “Now […]





