Business

Lopez family hopeful gov’t will renew ABS-CBN’s franchise as thousands of workers lose jobs

The country’s biggest network, ABS-CBN Corp. is putting its faith in the government to do the right thing and save 11,000 workers left jobless by the closure order issued by the government.

The country’s biggest network, ABS-CBN Corp. is putting its faith in the government to do the right thing and save 11,000 workers left jobless by the closure order issued by the government.

“We trust that the government will decide on our franchise with the best interest of the Filipino people in mind, recognizing ABS-CBN’s role and efforts in providing the latest news and information during these challenging times,” ABS-CBN said in a statement.

ABS-CBN president Carlo Katigbak said the network remains committed to being in the service of the Filipino and will find ways to continue providing meaningful service despite the closure order.

Katigbak said ABS-CBN has been providing comprehensive news coverage on the public health crisis and working with local governments and the private sector in providing food and basic goods for those in need through its “Pantawid ng Pag-ibig” campaign.

To date, ABS-CBN has delivered over P300 million worth of goods for the benefit of over 600,000 families affected by the enhanced community quarantine.

ABS-CBN said millions of Filipinos will lose their source of news and entertainment at a time when the country deals with the coronavirus pandemic.

Katigbak said ABS-CBN has been providing comprehensive news coverage on the public health crisis and working with local governments and the private sector in providing food and basic goods for those in need through its “Pantawid ng Pag-ibig” campaign.

To date, it has delivered over P300 million worth of goods for the benefit of over 600,000 families affected by the enhanced community quarantine.

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