GMA Network, Inc. clarifies the case of its franchise renewal as it has been cited several times recently in light of the current situation of fellow broadcast network, ABS-CBN.

Formerly known as Republic Broadcasting System, Inc., GMA Network obtained its original 25-year franchise through Republic Act No. 7252 or “An Act Granting the Republic Broadcasting System, Inc. a Franchise to Construct, Install, Operate and Maintain Radio and Television Broadcasting Stations in the Philippines.”

The said act was signed into law on March 20, 1992; became effective on May 12, 1992fifteen (15) days after its publication in the Official Gazette on April 27, 1992; and as such, was valid until May 12, 2017.