Ads
related to: franchise philippines 200k 2022 application
Search results
Results From The WOW.Com Content Network
The House Committee on Legislative Franchises votes 70-11 to deny the 25-year franchise application of ABS-CBN, citing several issues. [56] [57] July 11, 2020: Calida says "the end has come. Justice has been served." [58] August 25, 2020: The Supreme Court junks ABS-CBN's TRO petition against the NTC's closure order. [59] September 10, 2020
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 ...
The first iteration of the LTFRB was established on November 17, 1902, through the passing of Act No. 520. [2] The commission is in charge of classifying vessels, merchandise, and passengers in with reference to transportation under the coastwise trade, and fixing the maximum rates to be imposed on the vessels and merchandise of different classes, and people that are being moved from one point ...
On April 8, 1998, Republic Act No. 8623 renewed NBC its congressional franchise for another 25 years, The law granted NBC a franchise to construct, install, establish, operate and maintain for commercial purposes and in the public interest, radio and/or television broadcasting stations in the Philippines. [9] On March 29, 2022, Philippine ...
"ABS-CBN: Philippine Broadcaster Sends Strong Buy Signal – Shares of the Philippines' largest TV broadcaster can rise near 50% as the country continues its rapid growth." Barron's; David Englander (March 11, 2015). "ABS-CBN: Philippine Broadcaster Can Rise 25% – Philippines' largest TV broadcaster has surged since we recommended shares last ...
Following the rejection of their renewal broadcast franchise application, ABS-CBN shifted its focus on the line of businesses that do not require legislative franchise. These include international licensing and distribution, digital and cable platforms, content syndication via various streaming services and block-timing with various TV networks.
[36] In July 2020, ABS-CBN's attempt to renew the franchise was rejected by the Philippine House Committee on Legislative Franchises of the 18th Congress, which voted 70–11 to deny the application citing political reasons and several issues on the network's franchise. The denial of the ABS-CBN's franchise resulted in a massive retrenchment of ...
The group in May 2018 announced its plan for a further shift to the franchising model within the next five years in a bid to boost the company's growth. At that time 69 of the Max's Group shares are owned by the company while the rest are largely owned by its franchise stores. [4] In November 2024, the Group's third-quarter net income dropped ...