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Philippines Government Seeks Shutdown of ABS-CBN TV Giant

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The Philippines’ top broadcast group ABS-CBC might have its permit revoked. The move is widely regarded as an assault on media freedom in the nation.

On Monday the government’s solicitor general filed a request with the nation’s Supreme Court, against ABS-CBN and its subsidiary ABS-CBN Convergence. The petition claimed that the company had violated laws on foreign ownership, and that it had set up a pay-TV operation along with a channel for that it didn’t have a permit.

Formed in 1946, and currently counting 11,000 workers, ABS-CBN is publicly listed on the Philippine Stock Exchange. It functions across free-TV, pay-TVcable and satellite and cable via Sky. Together with Star Cinema, it’s also that the Philippines’ biggest film business by revenue and movie release amounts.

“we would like to set an end to that which we found to be extremely abusive practices by ABS-CBN,” the attorney general, Jose Calida, said in a statement. “A franchise is a particular privilege given by the country, and needs to be confined only to entities that reliably adhere to our laws and constitution.”

The provider now has a 25-year warranty, which will be due for renewal by the end of March. Motions in parliament to revive the franchise have been created since July this past year, but haven’t yet been analyzed by the proper committee.

COPYRIGHT_BP: Published on https://bingepost.com/philippines-government-seeks-shutdown-of-abs-cbn-tv-giant/26663/ by Hilda Workman on 2020-02-12T04:34:08.000Z

The Philippines president Rodrigo Duterte has confronted ABS-CBN, after the team’s refusal to provide airtime to his 2016 election campaign commercials. In December he assaulted the organization and advised shareholders to obtain market. “I will ensure that you will recall this episode of these instances forever,” he explained at the moment. Calida refused that politics had been behind the decision to submit the petition.

Duterte made comparable foreign-ownership accusations in Rappler, an internet book which was vocal in its criticism of this Duterte administration’s brutal anti–medication effort, and many court cases are now pending. Duterte has attacked foreign media such as the New York Times and The Washington Post.

“These activities are a part of a wider crackdown on media outlets and civic society groups that dare criticize him (Duterte),” lobby group Human Rights Watch said in a statement.

“This demonstrates no doubt that this government is hell bent on with its powers to close down the broadcasting community,” stated the National Union of Journalists of the Philippines”We should not enable the vindictiveness of a single person, however strong, to run roughshod over the constitutionally guaranteed freedoms of the press and of expression, along with the public’s right to know”

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About The Authors

Hilda Workman

Hilda Workman - Hilda Workman is a licensed financial advisor with years of expertise in the industry. She has assisted a range of clients, from sole proprietors to large corporations, in reaching their financial objectives. She is informed about many different financial subjects, including tax preparation, investment planning and also in fashion. She believes that the best things are those that are imperfect.

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