URSUA, DION T.
12 – STEM
Reaction on ABS-CBN Shutdown
The Philippines’ leading broadcast group ABS-CBN may have its license revoked.
The move is widely seen as an attack on media freedom in the [Link] Monday the
government’s solicitor general filed a petition with the country’s Supreme Court,
against ABS-CBN and its subsidiary ABS-CBN Convergence. The petition asserted that
the company had violated laws on foreign ownership, and that it had illegally set up a pay-
TV operation and a channel for which it did not have a [Link] in 1946, and now
counting 11,000 employees, ABS-CBN is publicly listed on the Philippine Stock
Exchange. It operates across free-TV, pay-TV, and cable and satellite through Sky.
With Star Cinema, it is also The Philippines’ largest film company by revenue and film
release numbers. ABS-CBN was seized and shut down in September 1972, after then-
Philippines leader Ferdinand Marcos declared martial law. ABS-CBN would return to the
air in 1986 after the People Power Revolution.
Honestly, I don’t really mind if ABS-CBN gets shutdown. There are still many
broadcasting channels and entertainment companies that I can watch from now on like,
GMA, TV5, and CNN Philippines. However, it would really affect the people around the
nation because millions of Filipinos watch ABS-CBN. I can really say that it will affect the
entertainment industry in the Philippines because ABS-CBN is the leading company to it.
Even with these cases, I don’t believe that ABS-CBN will be completely gone. The
company can just refranchise into a new name, under a new management, and with a
fresh start. So, it can still serve and entertain the Filipino community. However, even with
a new management, the issue will forever be linked to ABS-CBN.
This should serve as a warning to other broadcasting companies to have a better
integrity and follow the law. Other stations shouldn’t make the same mistake that ABS-
CBN made. Pay the tax, stop being a biased media, and serve the people completely
instead of the oligarchs.