There is a strong possibility that ABS-CBN’s franchise may be reinstated this year, according to insights gathered from discussions with various prominent media figures.
Ongoing efforts are reportedly being made to secure the network’s franchise, with the upcoming national elections being seen as a significant factor that could contribute to the potential revival of the broadcasting giant’s license.
Sources point to statements made by ABS-CBN executives during the corporate celebrations held in December 2023.
ABS-CBN President Carlo Katigbak expressed confidence in the network’s future, boldly stating that the upcoming year would be the best since 2020.
“I’m making a promise, next year will be the best year for ABS-CBN since 2020,” said Katigbak.
ABS-CBN COO Cory Vidanes echoed this positive sentiment, declaring, “Next year, we’re going to make a big turnaround.”
While the specific details of ABS-CBN’s comeback strategy have not been disclosed, the optimistic remarks from the network’s leadership signal a hopeful outlook for ABS-CBN, which has faced challenges and uncertainties in recent years.
