Read what lawmaker say about ABS-CBN Franchise renewal

House committee chairman on legislative franchise commented on the issue of network giant ABS-CBN for the pending action on their  operating license renewal saying "there is no rush" because it is still valid up to 2020.

Palawan 1st District Representative Franz Alvarez issued this statement in response to issues that President Rodrigo Duterte has been receiving which is to block the franchise renewal of radio-TV network ABS-CBN as a revenge for not airing his pre-paid campaign advertisements during the 2016 elections, among other speculated reasons.

"ABS-CBN's legislative franchise is not up for urgent renewal. It is still valid until 2020, so there is no rush in extending it. The committee is prioritizing franchises which are about to expire. So based on the committee workload, it is not on the front burner yet," quoted Alvarez in a text message to Rappler, exaining the announcement of the president.

On the other hand, ABS-CBN chairman Eugenio "Gabby" Lopez III said earlier to  the network's stockholder that there is no rush for them to renew their franchise because they still have a lot of time until 2020 hits the deadline.

Alvarez also said a lot of things could happen in a short span of time in the world of politics.

"And speaking of time, a month is an eternity in politics. Alliances can form and collapse. Misunderstandings are patched up during that period of time."

Read Also:Duterte Signs Renewal Of GMA Network Franchise, ABS-CBN’s Application Remains Pending

Duterte earlier mentioned his plan against ABS-CBN and Philippine Daily Inquirer that karma would chase them for criticizing and bad mouthing him and his leadership style..

Read Also: ABS-CBN Speaks Up On Pending Operating Franchise Renewal

Earlier on April 21, Duterte signed the law enforcing the renewal of ABS-CBN rival, GMA Network which expired on March 20, 2017.

Source: Rappler