ABSCBN President and CEO Carlo Katigbak gave the network’s official statement after the House Committee on Legislative Franchises denied the application of ABS-CBN for a new franchise to operate.
According to Katigbak, the Kapamilya network was hurt by the decision but still thanked the committee for giving ABS-CBN to present its case.
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Katigbak also thanked all their sponsors and supporters for being there for the network.
“Kapit Lang, muling magliliwanag ang kwento ng bawa’t Pilipino.” said Katigbak.
KAPIT LANG, KAPAMILYA. Muling magliliwanag ang kuwento ng bawat Pilipino.
— ABS-CBN News (@ABSCBNNews) July 10, 2020
(Photo source: Twitter – @ABS-CBN News”