IBC franchise bill hurdles House 2nd reading | Jovee Marie de la Cruz

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IBC franchise bill hurdles House 2nd reading | Jovee Marie de la Cruz
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The House of Representatives on Wednesday approved on second reading House Bill 5404, or a 25-year renewal of the legislative franchise of the Intercontinental Broadcasting Corp. (IBC), a state-owned television network under the PCOO. Know more:

The House of Representatives on Wednesday approved on second reading House Bill 5404, or a 25-year renewal of the legislative franchise of the Intercontinental Broadcasting Corp. , a state-owned television network under the Presidential Communications Operations Office .Its existing franchise under Republic Act 8954 granted IBC a franchise to operate until September 2025.“Once we extend their franchise, they will be authorized to operate until 2050.

“However, there are alternatives to privatization. And in fact, even if we privatize it, we could probably still have a public broadcasting function included in the deal.” “That unique position is most crucial during a disaster. That’s why I think programming has to be geared towards disaster announcements. The airing of the Laging Handa briefings in the network is a prime example of what can be sustained as it repurposes.”

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