MANILA, Philippines — ABS-CBN Chief Executive Officer Carlo Katigbak gave words of encouragement to supporters and employees of the network, reminding them that the battle has not yet ended following the House panel’s verdict to deny their application for a new 25-year franchise.
Katigbak made a statement an hour after the House committee on legislative franchise struck down on Friday a bill that would have granted ABS-CBN a new franchise.
According to him, they are deeply hurt by the panel ‘s decision as they believe ABS-CBN has served Filipinos sincerely.
“Labis po kaming nasasaktan sa desisyon ng committee on legislative franchises na tanggihan ang franchise ng ABS-CBN. Nan…