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(Eagle News) – ABS CBN Corporation and TV5 Network Inc., said that they have “mutually agreed to terminate” the investment agreement dated August 10, 2022 that covered the proposed acquisition by ABS- CBN of 34.99 percent equity interest in TV5. In a statement, both media companies also announced the termination of the “Convertible Note Agreement” dated August 10, 2022 that covered the “proposed subscription by ABS-CBN to a Convertible Note to be issued by […]
All “provisional authorities/certificates of public convenience” also revoked (Eagle News) – The National Telecommunications Commission has recalled all the radio frequencies and television channel frequencies earlier assigned ABS-CBN Corporation, citing the media network’s absence of a valid franchise. In a decision dated Sept. 9, the NTC said that “absent a valid legislative franchise,” ”all assigned frequencies/channels assigned to ABS CBN are hereby recalled.” The NTC also revoked and cancelled “all provisional authorities/certificates of public convenience” […]
Remulla sees grounds for filing case before Ombudsman, as Marcoleta airs resignation call for NTC commissioner (Eagle News) – Several lawmakers hit the National Telecommunications Commission (NTC) for not immediately stopping ABS CBN in its use of its TV Plus digital box and UHF channel 43 to broadcast its programs even if its legislative franchise had already expired. During the continuation of the hearing on Monday, June 29, at the House of Representatives, Cavite Rep. […]
(Eagle News) — ABS-CBN’s petition for certiorari and prohibition is improper because the National Telecommunications Commission’s issuance of a cease and desist order stopping several of its radio and television operations was merely an administrative act, the NTC said. In its comment to ABS-CBN’s petition for certiorari and prohibition against the shutdown order, the commission added that the filing of the ABS-CBN petition was not the proper recourse since such a petition is available under […]
(Eagle News) – The Supreme Court asked the Senate and the House of Representatives to give its comment on the petition filed by ABS-CBN questioning the cease and desist order (CDO) issued by the National Telecommunications Commission (NTC). In its en banc session on Tuesday, May 19, the high court “separately impleaded the Senate and the House of Representative as a party to the case and required them to comment on the Petition within […]
(Eagle News)–The Supreme Court on Tuesday, May 19, did not issue a temporary restraining order on the National Telecommunications Commission’s order for ABSCBN to stop several of its radio and television operations. Instead, the SC unanimously directed the Senate, the House of Representatives and the NTC to comment on the petition filed by ABSCBN challenging the NTC’s cease and desist order issued a day after the media company’s franchise expired on May 4. The SC […]
Says respect precisely for Congress prompted its decision (Eagle News) — The National Telecommunications Commission has defended its move to issue a cease and desist order against ABSCBN Corp., noting it was precisely its respect for Congress that prompted it to issue the same. In its letter to Speaker Alan Peter Cayetano and the House of Representatives’ committee on legislative franchises, the NTC noted that based on its months of study of legal arguments, the […]
(Eagle News) – The House of Representatives approved on second reading a bill allowing ABS-CBN to operate under a provisional franchise that will be valid until October 31, 2020. House Bill 6732, which was sponsored by House Speaker Alan Peter Cayetano, provides for a provisional franchise for ABS-CBN until Oct. 31, 2020 within which time both houses of Congress hopes to finish hearings on the various bills filed on the renewal of its legislative […]
(Eagle News) – A top official of the National Telecommunications Commission (NTC) said that the NTC had no other legal option but to issue a cease and desist order against ABS-CBN since it was operating under an expired franchise as of May 5, 2020. NTC Deputy Commissioner Edgardo Cabarios said their legal staff had studied all the options available to the NTC in the absence of a legislative franchise from Congress for the media […]
(Eagle News) — Solicitor General Jose Calida on Wednesday, May 6, said critics were “barking up the wrong tree” in blaming the National Telecommunications Commission for ABSCBN Corp.’s plight, noting that the commission was only following the law when it issued a cease and desist order against the media giant. In a statement, Calida said “without a valid and subsisting franchise from Congress,” after all, the NTC “cannot allow any broadcasting entity from operating […]
(Eagle News) – Media giant ABS-CBN Corporation signed off Tuesday night, at 7:52 p.m., after its TV Patrol news program, after it was served a cease and desist order by the National Telecommunications Commission (NTC) on May 5, a day after its legislative franchise expired. In a video statement, ABS CBN President and CEO Carlo Katigbak said the network is stopping its operations since the NTC did not issue a license for them to […]
(Eagle News)–The National Telecommunications Commission has issued a cease and desist order against ABSCBN Corp. In ordering the media giant to stop operating its radio and TV stations nationwide, the NTC noted RA 7966, its congressional franchise, had expired on May 4. ABSCBN Corp. was also ordered to show cause in ten days why the frequencies specified by the NTC should not be recalled absent the congressional franchise. “Failure to respond within the period herein […]
