Business Groups Statement on the ABS-CBN Franchise
We the undersigned business organizations express our strong support for a balanced, fair and timely consideration of the bills filed by several lawmakers on the renewal of ABS-CBN Corporation’s broadcasting franchise. We fervently urge Congress to judiciously address any issues raised against the company while taking serious account of the bedrock issues of media freedom and free enterprise, which allow businesses to flourish for the overall welfare of our economy and our people.