Nation

ABS-CBN THANKS FEU DEAN, TV5 HOST STA. MARIA ON SUPPORTING ITS FRANCHISE RENEWAL BID

/ 2 September 2020

ABS-CBN Corporation thanked the dean of the Far Eastern University Institute of Law and TV5 anchor Atty. Mel Sta. Maria for his support for the network’s franchise renewal bid months back.

Even though ABS-CBN was not granted a new franchise by Congress, the company still thanked Sta. Maria for being a vocal supporter through his videos and analysis of the case as posted on the internet.

The Dean posted the letter sent to him on his Facebook page, and stated that he is hopeful that the company will bounce back “soon.”

“You are welcome! I am certain there will be an opening soon. And that day will be your vindication. Until that day, job well done and Hasta Luego Kapamilya,” he said.

The company also stated in the letter that they are still looking forward for the dean’s support as they grapple to survive their non-renewal of their franchise.

As for the ABS-CBN, the company has started downsizing and laying off employees to sustain their operations without a franchise and is now gearing towards online operations to continue their service to the Filipino people.