Shuttered media giant ABS-CBN Corp. has lost its battle to continue its operations as the House Committee on Legislative Franchises in a hearing on Friday denied the radio and TV network’s application for a new franchise.
SEEING STARS ABS-CBN stars Piolo Pascual and Kathryn Bernardo, wearing face masks, hold signs supporting their network during a rally urging lawmakers to renew the broadcasting giant’s congressional franchise outside the House of Representatives in Quezon City on July 10, 2020. PHOTO BY RUY MARTINEZ