ABS-CBN releases statement on new franchise renewal efforts

ABS-CBN Corporation issued a statement on Tuesday following House Representative Joey Salceda’s filing of another franchise renewal bill for the network.

“While we were not aware of Rep. Joey Salceda's filing of a bill to grant a broadcast franchise to ABS-CBN today, we are deeply grateful for his support and belief in ABS-CBN's contributions and mission to serve the Filipino public,” the company said in its statement.

ABS-CBN also expressed gratitude to Representatives Gabriel Bordado Jr., Arlene Brosas, France Castro, Raoul Manuel, Johnny Pimentel, and Rufus Rodriguez for filing similar resolutions in support of the company.

The network thanked the lawmakers for their continued efforts, which highlight the importance of press freedom and public service. Further updates on the franchise renewal process are awaited as the proposals move through Congress.