MANILA -- The Lopez family rightfully reclaimed ABS-CBN Corp. after the restoration of democracy in 1986, its president and CEO told a House franchise hearing on Monday, as he answered questions on the constitutionality of the company's operations.
The law does not cap the life of a franchise holder at 50 years, but merely requires a renewal of 25 years from grant, Katigbak said. Holders of ABS-CBN PDRs or Philippine Depositary Receipts do not own part of the company, Katigbak said. Rival GMA Network issued its own PDRs, which did not affect its franchise renewal, he said.
Allegations that the Lopez family wrongfully regained ABS-CBN is the "most hurtful" of the allegations, Katigbak said.
kbrosas We love you abscbn but sorry to say...
kbrosas TRUTH : sa wed aantayin namin ung 11K ng listahan ng SSS, PHILHEALTH , PAGIBIG at WTR na mga emplayado nyo.. 11k walang sakto walang kulang....tanks
Amazing Solicitor General Calida! Hats-off to you, sir.
sa pagsubaybay ko dito sa issue, isa lng napansin ko, paulit ulit lang ang inaakusa, Meaning to say, yung SYSTEM ng kongreso ang may problema, Why not trying to invite right persons/agencies na syang tahasang sasagot sa mga ibinabato sa absCBN, May NILABAG ba o WALA!
Direct to the point..walang paligoy ligoy.lumabo tuloy bigla ung mata ng iba.
kahit paulit ulit ipaliwanag yan sa kanila hindi nila makukuha yan kasi wala daw yan sa script nila. IbalikAngABSCBN
ABSCBNFranchise is just a clear filibuster the issues is the same issues and has been answered over and over again
Parang nanood lang tayo ng isang tv program.
Kill them with Facts and smile at Marcoleta and Calida
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