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Dear Rappler readers,
This week was challenging for Philippine journalism. This time, Rappler was in the spotlight as the Securities and Exchange Commission (SEC) decided to revoke its license for foreign ownership in the form of Philippine Depositary Receipts (PDRs). The issuance of PDRs are nothing new – other media companies such as ABS-CBN and GMA 7 also offer PDRs to investors, both foreign and local.
But SEC chairperson Teresita Herbosa said there is no need to probe into ABS-CBN and GMA7’s PDRs as these were offered to the public.
Maria Ressa, Rappler CEO, says the ruling will be challenged in court. Chay Hofileña, acting managing editor, says it’s “business as usual” in the newsroom.
After the SEC ruling, the National Bureau of Investigation (NBI) summons Ressa, former researcher Rey Santos, and businessman Benjie Bitanga for a cybercrime complaint on a story written in 2012 – months before the Cybercrime Law was passed. This comes after Justice Secretary Vitaliano Aguirre gave the go-signal for the NBI to probe into Rappler.
On Friday, January 19, journalists and advocates took to the streets to protest this attack on press freedom.
The fight for freedom of speech continues. Here are the stories we think you should not miss.
The Securities and Exchange Commission accuses Rappler of violating nationality restrictions on ownership and control of mass media entities
Solicitor General Jose Calida has said the criminal investigation into Rappler will center around possible violation of the Anti-Dummy Law
The harsh SEC ruling harms Rappler’s staff, stockholders, and readers, its lawyer Francis Lim argues
After the SEC decided to revoke Rappler’s license due to a ‘repugnant’ provision in its Philippine Depositary Receipts with Omidyar, many speculated that the regulator will go after the two broadcast giants next
Dubbed as the #BlackFridayForPressFreedom, the gathering is just one of the many protests organized following the SEC ruling against Rappler
Rappler’s legal counsel talks about what other ‘reasonable’ measures SEC could have taken
What can be done to stem the tide of disinformation? Communications professor Clarissa David gives suggestions
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