PSE Suspends Shares Of ABS-CBN Corp. Following Closure Order

PSE

The PSE imposed a one-day trading suspension on ABS-CBN Corporation’s shares following NTC’s closure order. The Philippine Stock Exchange (PSE) imposed a one-day trading suspension on ABS-CBN Corporation’s shares following the cease and desist order issued by the NTC. This, as the Philippine Stock Exchange stated in its advisory that the trading suspension would cover … Read more

ADMU Encourages Lawmakers To Act On ABS-CBN’s ‘Forced Shutdown’

ADMU

ADMU encouraged lawmakers to “act post-haste” on ABS-CBN’s “forced shutdown” The Ateneo de Manila University (ADMU) encouraged lawmakers to “act post-haste” on ABS-CBN’s franchise renewal as well as its broadcast operations. This, as the Ateneo de Manila University wrote a memorandum addressed to their community on Wednesday. Fr. Jose Ramon Villarin, the president of the … Read more

Congress ‘Not Compel’ NTC To Grant ABS-CBN Permit, Says DOJ

Congress

Congress may not compel the NTC to grant a temporary permit to operate to ABS-CBN Corp., according to Justice Secretary Menardo Guevarra. Congress may not compel the National Telecommunications Commission (NTC) to grant ABS-CBN’s temporary permit to operate, according to Justice Secretary Menardo Guevarra. This, as Justice Secretary Menardo Guevarra on Friday said that the … Read more

ABS-CBN Shutdown Might Be ‘A Big Loss’ For Filipinos, Says Pacquiao

Pacquiao

ABS-CBN shutdown might be ‘a big loss’ for Filipino citizens, according to Senator Pacquiao. Sen. Emmanuel “Manny” Pacquiao on Monday said that Filipinos might suffer a “big loss” if the government shuts down ABS-CBN Corporation. This, as Sen. Emmanuel “Manny” Pacquiao stated in a Senate committee hearing on alleged violations of ABS-CBN Corporation’s franchise, saying … Read more

Google Detects ‘Gov’t-backed Attackers’ From Some ABS-CBN Employees

Google

Google to some ABS-CBN employees: “Google may have detected government-backed attackers trying to steal your password.“ Google on Thursday detected activities that “government-backed attackers” attempted to steal Google accounts from some ABS-CBN employees. This, after some ABS-CBN employees reported receiving notifications from Google, saying that “government-backed attackers” tried to steal their accounts. According to Google, … Read more

Ways ABS-CBN Can Operate Without Its Franchise

ABS-CBN can

ABS-CBN can still operate without its franchise through these platforms. The legislative franchise of ABS-CBN Corporation was about to expire in March 2020. Yet, there were a lot of alternative ways that ABS-CBN can operate without its franchise. If and when the legislative franchise of ABS-CBN Corporation is canceled because of quo warranto petition or … Read more

OSG Asks SC To Issue Gag Order vs ABS-CBN

Gag Order

OSG asks SC to issue gag order against ABS-CBN Corporation. The Office of the Solicitor General (OSG) on Tuesday asked the Supreme Court (SC) to issue a gag order against ABS-CBN Corp. This, after Jose Calida’s office filed a quo warranto petition to charge the legislative franchises of ABS-CBN Corporation and ABS-CBN Convergence, Inc. Solicitor … Read more

Senator Poe Calls For Hearing On ABS-CBN Franchise

Senator Poe

Senator Grace Poe on Thursday, February 13, called for a legislative hearing on the compliance of ABS-CBN with its franchise. This, after the Office of the Solicitor General (OSG) questioned ABS-CBN’s franchise before the Supreme Court. Senator Grace Poe, the chairperson of the Senate Committee on Public Services, called for a legislative hearing following Solicitor … Read more