Velarde’s media firm, 3 others get 25-year franchise extension
MANILA, Philippines – President Rodrigo Duterte approved the 25-year franchise extension of four media companies, including Delta Broadcasting System, Inc., owned by El Shaddai leader Bro. Mike Velarde.
Duterte signed Republic Act 11303, extending the franchise of Delta Broadcasting System, Inc. last April 17, a copy of which was released to the media on Thursday.
The religious group endorsed 10 pro-administration senatorial candidates in the recent midterm elections.
READ: El Shaddai backs 14 senatorial candidates
Delta broadcasting operates DWXI 1314 kHz AM, an AM radio station which started operations in 1981, and DBS TV Channel 35, an ultra high frequency (UHF) television station.
Duterte also signed RA 11301 extending the franchise of Ultrasonic Broadcasting System, Inc.
Ultrasonic Broadcasting is a Pasig City-based radio network owned by the SYSU Group of Companies, which distributes imported food products.
It was founded in 1991 with the launch of K-LOVE 1494. In 1996, Energy FM, UBSI’s FM radio network, was launched in Davao.
The President likewise approved the franchise extension of Filipinas Broadcasting Network, Inc. and Peñafrancia Broadcasting Corporation on April 17. /gsg
President Duterte approves the franchise extension of the following media companies to another 25 years: @inquirerdotnet
-Filipinas Broadcasting Network, Inc.
-Ultrasonic Broadcasting System, Inc.
-Peñafrancia Broadcasting Corporation
-Delta Broadcasting System, Inc. pic.twitter.com/WR1ItEWFqW— Darryl John Esguerra (@DJEsguerraINQ) June 20, 2019
