Question & AnswerQ&A (Republic Act No. 8087)
The Gold Label Broadcasting System, Inc., its successors or assigns are granted the franchise.
The franchise allows the grantee to construct, install, operate, and maintain radio and/or television broadcasting stations in Dumaguete City and other areas in the Visayas and Mindanao where frequencies or channels are available.
The franchise is valid for twenty-five (25) years from the date of approval of the Act, unless sooner revoked or cancelled.
The franchise shall be deemed ipso facto revoked if the grantee fails to operate continuously for two (2) years.
The grantee must secure the appropriate permits and licenses from the National Telecommunications Commission (NTC) and must not use any frequency without its authorization.
The grantee must provide adequate public service time, sound and balanced programming, assist public information and education, conform to ethics of honest enterprise, and avoid broadcasting obscene, indecent, false or subversive content.
In times of rebellion, public peril, calamity, emergency, disaster, or disturbance of peace and order, the President may temporarily take over or suspend operation of the stations, with due compensation to the grantee.
The grantee must pay taxes on real estate, buildings, and personal property, and pay a franchise tax of three percent (3%) of all gross receipts of the radio/television business under this franchise, besides income taxes as applicable.
No, the grantee cannot lease, transfer, sell, or assign the franchise or controlling interest without prior approval from the Congress of the Philippines.
The grantee shall not require any prior censorship but must cut off from the air any speech or matter that incites treason, rebellion, or sedition or is indecent or immoral during the broadcast; failure to do so is valid cause for cancellation of the franchise.