ABS-CBN Corporation HAS to have its legislative franchise approved after the 17th Congress opens shop on July 25. "the House committee on legislative franchise sat on ABS-CBN’s application for franchise renewal, introduced through two bills filed in 2014," President-elect Rodrigo Duterte is set to have a good number of allies in the 17th Congress. As for every law, Duterte, as president, will need to sign the congress-approved legislative franchise for enactment. Besides this, the return of RPN to the original owners, the Benedicto Family and the privatization of the state-owned Intercontinental Broadcasting Corporation (IBC).
