PhilStar-May 5

Regulators ordered ABS-CBN Corp. to stop airing on Tuesday, a day after its legislative franchise expired, putting at risk over 11,000 jobs in the country’s biggest network as millions of Filipinos get displaced by the coronavirus outbreak. In a statement, the National Telecommunications Commission ordered the broadcast giant to “cease and desist” operations after Republic Act No. 7966, which granted the network a 25-year license to operate, expired last May 4, 2020.

Read more at:

https://www.philstar.com/business/2020/05/05/2011978/abs-cbn-ordered-go-air-franchise-lapses