Close Menu
  • Home
  • Ratings
  • Showbiz News
  • Horoscope
  • Tech Jungle
  • BIZnest
  • Brands
  • Movies
  • Music
  • About
    • BE PART OF THE LIONHEARTV FAMILY!
    • THE PRIDE
    • ADVERTISE AT LIONHEARTV
What's Hot

Claudine Barretto claims children were abducted, seeks NBI help

January 26, 2026

NUSTAR Online Honors Sinulog through Service in Talisay City, Cebu

January 25, 2026

Ben&Ben releases ‘Duyan’ music video starring Khalil Ramos and Gabbi Garcia

January 25, 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram YouTube TikTok
LionhearTVLionhearTV
  • Home
  • Ratings
  • Showbiz News
  • Horoscope
  • Tech Jungle
  • BIZnest
  • Brands
  • Movies
  • Music
  • About
    • BE PART OF THE LIONHEARTV FAMILY!
    • THE PRIDE
    • ADVERTISE AT LIONHEARTV
LionhearTVLionhearTV
Home»Business and Finance»New ABS-CBN Franchise Bill moves forward in Congress
Business and Finance News Politics Television Trending

New ABS-CBN Franchise Bill moves forward in Congress

LionhearTVBy LionhearTVJanuary 14, 2025No Comments3 Mins Read
Share
Facebook Twitter Reddit Pinterest Email

A bill seeking to grant ABS-CBN Corporation a new 25-year franchise has moved forward in the House of Representatives, marking a significant step in the network’s bid to resume full broadcast operations.

The proposed measure, House Bill (HB) No. 11252, was filed by Albay 2nd District Representative Joey Salceda, Chairperson of the House Committee on Ways and Means.

“We need a free market of ideas in the reporting of events and regarding what is happening in our country,” Salceda said during a press briefing.

This development comes more than four years after ABS-CBN was forced to cease broadcasting in May 2020 when its franchise renewal was denied by Congress due to alleged violations, including tax issues and breaches of franchise terms. Salceda noted, however, that both the Securities and Exchange Commission (SEC) and the Bureau of Internal Revenue (BIR) have cleared the network of these accusations.

The bill would allow ABS-CBN to operate radio and television broadcasting stations for commercial purposes. However, it requires the network to secure permits from the National Telecommunications Commission (NTC), which is mandated not to “unreasonably withhold or delay” the issuance of licenses.

Allotting sufficient airtime for public service announcements on significant national issues. Self-regulating content to avoid airing material that could incite rebellion or undermine government authority. The franchise also bars ABS-CBN from merging with other companies or transferring its controlling interest without congressional approval. Failure to operate continuously for two years would allow the government to revoke the franchise. Additionally, the bill imposes a PHP 500 daily fine if the company fails to submit an annual operations report to Congress.

The bill includes a clause allowing ABS-CBN to continue operating while its franchise renewal application is pending in Congress. However, this authority would lapse upon franchise approval or rejection or at the end of the congressional term.

Following news of the bill’s filing, ABS-CBN shares surged by 23.41%, closing at PHP 5.06 per share.

In a statement, ABS-CBN expressed gratitude for Salceda’s support: “While we were not aware of Mr. Salceda’s filing of a bill to grant a broadcast franchise to ABS-CBN, we are deeply grateful for his belief in ABS-CBN’s contributions and mission to serve the Filipino public.”

The network also acknowledged the efforts of lawmakers who previously filed similar bills, including Reps. Gabriel Bordado Jr., Arlene Brosas, France Castro, Raoul Manuel, Johnny Pimentel, and Rufus Rodriguez.

The bill will undergo deliberation in the House Committee on Legislative Franchises before progressing to the second reading. Salceda remains optimistic, saying, “I rarely file something that doesn’t become a law.”

However, he acknowledged the challenges, noting that the process could be lengthy, especially with the upcoming elections.

Since 2022, four franchise bills have been filed on behalf of ABS-CBN, but all remain pending. Salceda’s bill offers a renewed sense of hope for the media giant as it seeks to reclaim its place on the airwaves after its controversial shutdown.

Comments

ABS-CBN abs-cbn franchise Joey Salceda National Telecommunications Commission
Share. Facebook Twitter Pinterest LinkedIn Reddit Email
Previous ArticleKarylle pregnant after six years of waiting?
Next Article Kris Aquino’s TV comeback faces delays amid health concerns
LionhearTV
  • Website
  • Facebook
  • X (Twitter)
  • Instagram

LionhearTV has always believed in what the everyday reader can contribute, and has always been open to receiving input, help, or leads on stories. Readers are always encouraged to drop us their thoughts either by either by leaving a comment on a post, or contact us directly – email us at lionheartvnet@gmail.com.

Related Posts

Claudine Barretto claims children were abducted, seeks NBI help

January 26, 2026

6 things you need to know about Willie Revillame’s newest show ‘Wilyonaryo’

January 25, 2026

Jona Viray eyes regional music collaborations, new songs

January 25, 2026

Angela Ken, Over October release collaboration single ‘Moved on Last’

January 25, 2026
Add A Comment

Comments are closed.

Find us on Facebook
Blogmeter.Top



Trending

25 Best Teleseryes of 2025

January 14, 2026

GMA Pictures rolls out ambitious 2026 film slate, highlights animated features and major industry collaborations

January 7, 2026

Invited but silent: Celebrities, Influencers face backlash for not promoting MMFF 2025 films

January 3, 2026

MMFF 2025 Box Office: Top 4 films hold firm as festival enjoys strong first week

December 31, 2025

‘Call Me Mother’ dominates MMFF 2025 opening day; sets best local opening so far this year

December 26, 2025
Showbiz News

Claudine Barretto claims children were abducted, seeks NBI help

January 26, 2026

6 things you need to know about Willie Revillame’s newest show ‘Wilyonaryo’

January 25, 2026

Jona Viray eyes regional music collaborations, new songs

January 25, 2026

Buenas PH Influencer partnership launch and Battle of the Streamers

January 25, 2026

1st One ‘All 1N Finale’ concert brings fans together in a night of music and memories

January 25, 2026
Most Viewed

Claudine Barretto claims children were abducted, seeks NBI help

January 26, 2026

NUSTAR Online Honors Sinulog through Service in Talisay City, Cebu

January 25, 2026

Ben&Ben releases ‘Duyan’ music video starring Khalil Ramos and Gabbi Garcia

January 25, 2026

6 things you need to know about Willie Revillame’s newest show ‘Wilyonaryo’

January 25, 2026

‘Sidlak’ to beats and purpose with BingoPlus at the Sinulog Festival 2026

January 25, 2026
eMVP Digital is an online empire that useful pieces of information and a resource for a daily dose of entertainment in all forms. It produces LionhearTV.net, Dailypedia.net, RAWR Awards, RAWRMag, DailyPIPOL, and Broken Lion. These platforms have a highly-engaged audience per month, which varies from ages and sexes.



Blogmeter.Top
© 2026 LionhearTV.net.
  • Home
  • Ratings
  • Showbiz News
  • Horoscope
  • Tech Jungle
  • BIZnest
  • Brands
  • Movies
  • Music
  • About
    • BE PART OF THE LIONHEARTV FAMILY!
    • THE PRIDE
    • ADVERTISE AT LIONHEARTV

Type above and press Enter to search. Press Esc to cancel.