Over 90 lawmakers are expected to decide the fate of ABS-CBN Corp. on Friday, July 10, 2020. According to CNN Philippines, Anakalusugan Party-list Rep. Mike Defensor stated that the voting could happen between 1pm to 1:30pm and results could be out by 2pm.
Franz Alvarez of Palawan 1st District told CNN Philippines on Thursday, “the 46 members of his committee, along with at least 45 other House leaders or ex-officio panel members, will cast their vote after summarizing the arguments on various issues hounding the network’s franchise.”
The joint House panel conducted 12 hearings to cover 11 franchise renewal bills and tackled the allegations and issues surrounding the network’s franchise.
Watch the replay video last July 9, 2020:
In case the committee voted NO on the renewal of the franchise, Defensor explained that ABS-CBN could reapply for the legislative franchise but under a new name.
“If it is voted down, meaning there is a violation, then it is not wise to reapply as ABS-CBN,” Defensor said. “They can reapply as a different corporation.”
“Once the application is voted down, the frequencies are back to the government,” he added. “It is up to the government if they will pull it out or wait until they will be able to resolve the issue on how ABS-CBN or another company may reapply for this franchise.” (Source CNN)
According to Senate Majority Leader Migz Zubiri: “I’m saddened by the thought of ABS-CBN not being granted a franchise. Im sad for the 11,000 employees who have to explain to their wives, husbands and children on how they will feed, cloth, and house them now they are jobless.”
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