"The Franchise Conundrum Why ABS-CBN's 25-Year Renewal Matters

The Franchise Conundrum Why ABS-CBN's 25-Year Renewal Matters

As advocates for responsible and sustainable practices, we recognize the significance of preserving balance in ecosystems. Similarly, in the realm of media, it is crucial to maintain a healthy and vibrant broadcasting landscape. The recent controversy surrounding ABS-CBN Corp.'s franchise renewal has sparked intense debate, with some arguing that Congress's plan to take up bills providing the media company with a fresh 25-year franchise during their break is a canard – a false or unfounded claim. In this blog post, we will examine the issue and present a clear stance on why ABS-CBN's franchise renewal matters.

The Significance of Media Franchises

Before delving into the specifics of ABS-CBN's situation, it is essential to understand the importance of media franchises in general. A media franchise is a license granted by the government to operate a broadcasting network, and it plays a vital role in shaping public discourse, providing information, and entertaining audiences. In the Philippines, where ABS-CBN operates, a media franchise is a coveted prize, as it allows the company to continue providing news, entertainment, and educational content to millions of Filipinos.

Why ABS-CBN's 25-Year Renewal Matters

ABS-CBN Corp.'s franchise renewal has been a topic of discussion for quite some time. In October 2020, its existing franchise expired due to the refusal of then-President Rodrigo Duterte to sign the proposed legislation. Since then, the company has continued to operate under a provisional authority, but this is set to expire on January 31, 2023.

The stakes are high, as ABS-CBN's failure to secure a new franchise could result in the loss of thousands of jobs and significant economic losses for the country. Moreover, the media landscape would be severely impacted, as ABS-CBN is one of the largest broadcasting networks in the Philippines, with a wide reach and influence.

The Canard A False Claim

Some argue that Congress's plan to take up bills providing ABS-CBN with a fresh 25-year franchise during their break is a canard. They claim that the move is an attempt to circumvent due process and sidestep proper deliberation on the matter. However, we believe this argument is unfounded.

Firstly, the House of Representatives committee has already conducted hearings on the bills seeking to provide ABS-CBN with a fresh 25-year franchise. These hearings have provided valuable insights into the company's performance, its commitment to responsible broadcasting, and the potential impact of the renewal on the country.

Secondly, the committee's decision to take up the bills during their break is not unusual. In fact, it is common for committees to continue working on legislation even when Congress is not in session. This allows them to make progress on important issues without delaying the legislative process.

Addressing Counterarguments

Some may argue that ABS-CBN has a history of violating its franchise and engaging in unfair labor practices, making it unworthy of a new 25-year franchise. While these concerns are valid, we believe they should not overshadow the company's many achievements and contributions to Philippine society.

In fact, ABS-CBN has made significant efforts to improve its operations and address the concerns raised by critics. The company has implemented reforms aimed at ensuring responsible broadcasting and fair labor practices. These efforts demonstrate a commitment to accountability and transparency, making it deserving of a new franchise.

Conclusion

In conclusion, we believe that Congress's plan to take up bills providing ABS-CBN with a fresh 25-year franchise during their break is not a canard. Rather, it is a necessary step in ensuring the continued operation of a vital broadcasting network that serves millions of Filipinos.

As we navigate the complex landscape of media franchising, it is essential that we remain committed to responsible broadcasting and fair labor practices. By doing so, we can build a brighter future for all Filipinos.

Final Thoughts

As we conclude, let us remember the importance of finding balance in our ecosystems. Similarly, in the world of media, it is crucial to maintain a healthy and vibrant broadcasting landscape. By renewing ABS-CBN's franchise, Congress can ensure that this important institution continues to provide valuable services to the Filipino people.

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Edward Lance Arellano Lorilla

CEO / Co-Founder

Enjoy the little things in life. For one day, you may look back and realize they were the big things. Many of life's failures are people who did not realize how close they were to success when they gave up.