The National Telecommunications Commission (NTC) said that it will issue a cease and desist order for the operations of its ABS-CBN TVplus programs that operate under Channel 43. "All broadcast operations of ABS-CBN are only authorized through its expired franchise...In other words, ABS-CBN's airing of digital TV on Channel 43 is part of the cease and desist order because the franchise that they used for that is ABS-CBN's franchise," said NTC commissioner Gamaliel Cordoba on today's hearing. Explaining the continued broadcast on ABS-CBN TVplus, ABS-CBN President and CEO Carlo Katigbak said the company entered into a blocktime agreement with AMCARA Broadcasting Network Inc., maintaining that such practice is “a standard commercial agreement” and that other broadcasters have gone into similar arrangements. ABS-CBN has just announced that one of its signature news channels, TeleRadyo, will be ceasing operations effective June 30, 2023. In a press statement released today, the media giant said that ABS-CBN could no longer sustain the channel's operations given that TeleRadyo had been incurring financial losses since 2020. While TeleRadyo will cease operations, ABS-CBN shared that it is entering a joint venture with Prime Media Holdings Inc. Read more in our articles including "NTC to issue CDO on ABS-CBN TVplus broadcast" and "ABS-CBN TeleRadyo to cease operations effective June 30".
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Aug 24, 2022The National Telecommunications Commission (NTC) said that it will issue a cease and desist order for the operations of its ABS-CBN TVplus programs that operate under Channel 43. "All broadcast operations of ABS-CBN are only authorized through its expired franchise...In other words, ABS-CBN's airing of digital TV on Channel 43 is part of the cease and desist order because the franchise that they used for that is ABS-CBN's franchise," said NTC commissioner Gamaliel Cordoba on today's hearing.
Explaining the continued broadcast on ABS-CBN TVplus, ABS-CBN President and CEO Carlo Katigbak said the company entered into a blocktime agreement with AMCARA Broadcasting Network Inc., maintaining that such practice is “a standard commercial agreement” and that other broadcasters have gone into similar arrangements. ABS-CBN has just announced that one of its signature news channels, TeleRadyo, will be ceasing operations effective June 30, 2023. In a press statement released today, the media giant said that ABS-CBN could no longer sustain the channel's operations given that TeleRadyo had been incurring financial losses since 2020.
Our coverage of ABS-CBN TVplus operations includes: "NTC to issue CDO on ABS-CBN TVplus broadcast"; "ABS-CBN TeleRadyo to cease operations effective June 30"; "ABS-CBN cancels Sky Cable sale to PLDT". Each article provides unique insights and information.