Thursday, June 20, 2019

Duterte renews franchise of Mike Velarde’s broadcast firm, three others

By VIRGIL LOPEZ, GMA News

President Rodrigo Duterte has signed a law  extending the franchise of Mike Velarde-owned Delta Broadcasting System, Inc. for another 25 years.

Duterte signed Republic Act 11303 which pertains to Delta Broadcasting System’s franchise extension on April 17.

The network operates the AM radio station 1314 KHZ DWXI which airs programs of Velarde-led El Shaddai, an influential Catholic charismatic group which endorsed several administration-backed senatorial candidates in the 2019 midterm elections.

The President also approved the 25-year franchise extension for Filipinas Broadcasting Network, Inc. (RA 11300),  Ultrasonic Broadcasting System, Inc. (RA 11301) and Peñafrancia Broadcasting Corporation (RA 11302).

Pasig City-based Ultrasonic Broadcasting System owns Energy FM. — MDM, GMA News

https://www.gmanetwork.com/news/news/nation/698372/duterte-renews-franchise-of-mike-velarde-s-broadcast-firm-three-others/story/

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