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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
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]
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
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
McDonald's Philippines, known locally and colloquially and shortened as McDo [3] (), is the master franchise of the multinational fast food chain McDonald's in the Philippines. The master franchise is held by the Golden Arches Development Corporation , a subsidiary of Alliance Global Group .
The Philippine Charity Sweepstakes Office (PCSO, Filipino: Tanggapan sa Charity Sweepstakes ng Pilipinas [2]) is a government-owned and controlled corporation of the Philippines under direct supervision of the Office of the President of the Philippines. It is mandated to do fund raising and provide funds for health programs, medical assistance ...
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 ...
On December 2, 2021, the Presidential Communications Operations Office, IBC and TAP Digital Media Ventures Corporation announced a deal with the Maharlika Pilipinas Basketball League (MPBL) for IBC to air its games (2021 MPBL Invitational only, as the television coverage was transferred to One PH for the 2022-23 MPBL season). [47]