Closure of ABS-CBN franchise.
ABS-CBN is a broadcasting network founded in October 23, 1953, after its long-going broadcasting it sadly came to an end this July 10, 2020. Huge amount of people were saddend when they heard this news.
The case of the shut down was because of a violation. Before the shut down ABS-CBN had been closed down on September 23, 1972, when martial law under Ferdinand Marcos was announced and the station's television and radio stations were sequestered.
- March 30, 1995RA 7966 grants ABS-CBN franchise until 2020
- May 19, 2020 The Supreme Court accepts the case.
- June 30, 2020 Two alias cease-and-desist orders from NTC and Calida. All the exclusive digital channels of ABS-CBN TV Plus ceased broadcasting. SKYdirect ceased operations.
You may ask, 'why didn't abs cbn renew their contract' the reason is President Rodrigo Duterte maintained Monday that local media giant ABS-CBN Corp. still has unsettled taxes with the government worth billions of pesos
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