ABS-CBN Chairman Mark Lopez Issues Statement After Franchise Denial

Official Statement of ABS-CBN Chairman Mark Lopez

ABS-CBN Chairman Mark Lopez issued a statement following the denial of the House panel on Kapamilya Network’s franchise renewal bid.

ABS-CBN Chairman Mark Lopez Issues Statement After Franchise Denial
Photo Credit: ABS-CBN News

On Friday, July 10, the House panel convened to wrap up the hearings on the renewal of the ABS-CBN franchise and to give the final decision whether to approve or deny its petition for a legislative franchise.

The Committee on Legislative Franchises joins the Committee on Good Government and Public Accountability in giving the final verdict on the ABS-CBN franchise.

Related Article: House Panel Votes on ABS-CBN Franchise (LIVE STREAM)

Meanwhile, the House panel denied the franchise renewal bid by the country’s largest broadcast network.

A total of 70 congressmen voted Yes for the denial of the network’s franchise bid while 11 voted No with 2 who inhibit including actor-turned-politician Alfred Vargas and 1 who abstain.

Many were saddened by the House’s decision to junk the franchise renewal of Kapamilya Network.

Among those who reacted were ABS-CBN stars and executives including its chairman, Mark Lopez.

Here’s the official statement of ABS-CBN Chairman Mark Lopez courtesy of ABS-CBN PR:


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3 thoughts on “ABS-CBN Chairman Mark Lopez Issues Statement After Franchise Denial”

  1. Everything happens for a reason God is always good and I believe that God is with us God is with the ABS-CBN and someday ABS-CBN will be back to continue their mission and to continue serving people.


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