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The House Committee on Legislative Franchises votes 70-11 to deny the 25-year franchise application of ABS-CBN, citing several issues. [119] [120] July 11, 2020: Calida says "the end has come. Justice has been served." [121] August 25, 2020: The Supreme Court junks ABS-CBN's TRO petition against the NTC's closure order. [122] September 10, 2020
The DITO Telecommunity's history can be traced back to the establishment of Mindanao Islamic Telephone Company, Inc. (Mislatel), which is enacted by Congressional legislation on April 19, 1998, under Republic Act No. 8627, allowing the franchise to construct, install, establish, operate and maintain a telecommunication system throughout the Philippines.
February 9, 2021: President Rodrigo Duterte would not allow ABS-CBN to operate even if a franchise was given by the Congress unless the Lopez family already paid all of their taxes. [66] [67] February 11, 2021: House Speaker Lord Allan Velasco said that ABS-CBN's franchise renewal will have to wait until the 19th Congress in 2022. [68] [69
Franchise. Fees. Initial Investment. Liquid Capital Requirement. Dunkin’ Franchise Fee: $40,000 to $90,000 Royalty Fee: 4% to 5% $121,400 to $1.6 million. $125,000 to $250,000. McDonald’s
On February 16, 2022, Alaska Milk Corporation (AMC) announced that the Alaska Aces would leave the PBA at the end of the 2021 Governors' Cup. This was due to a directive by FrieslandCampina, parent company of AMC. [2] Several companies expressed interest to buy the Aces or its franchise. [3]
On July 10, 2020, members of the House of Representatives, voted 70–11 to deny ABS-CBN's renewal franchise application, citing several issues on the network's prior 25-year franchise. [ 74 ] [ 75 ] According to a survey released by the Social Weather Stations following the rejection of the network's franchise renewal, 75% of Filipinos want ...
The law grants SSMC a franchise to construct, install, operate, and maintain, for commmercial purposes, radio broadcasting stations and television stations, including digital television system, with the corresponding facilities such as relay stations, throughout the Philippines. [8] [9] On 26 January 2022, the National Telecommunications ...
Kapamilya Channel has been available through most cable providers who are members of Philippine Cable and Telecommunications Association (PCTA) (including ABS-CBN's Sky Cable, Converge ICT's Vision and Streamtech's Planet Cable); and, through direct broadcast satellite television service providers Sky Direct (until June 30, 2020), G Sat, and since October 21, 2020, via Cignal and SatLite. [2]