Media executives air concerns on the perils of foreign ownership in the advertising industry

  • 📰 MlaStandard
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 55%

Business News News

Business Business Latest News,Business Business Headlines

Defining the News

The hearing on proposed constitutional amendments to ease restrictions on foreign ownership of businesses continued at the Senate on Thursday, with some heads of local media organizations and advertising executives raising issues insofar as national interests are concerned.

Angara acknowledged his perspective, agreeing that “national interest must be protected.” Unfortunately, the senator said social media networks cannot be regulated at the moment. But he is aware that there are certain individuals, who allow themselves to be exploited. Representatives from different advertising agencies and related groups, meanwhile, had varying views on the matter.

However, she pointed out that this particular development may be assessed through existing statutory requirements or regulatory frameworks to check if the content of the ads to be produced will be applicable to the Filipino public for their consumption. But the technology blurred the lines in terms of creating job opportunities, a point which Angara also acknowledged later on in a press briefing after the hearing.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Unlocking Success: The Value of Strategic Business LocationsDefining the News
Source: MlaStandard - 🏆 20. / 55 Read more »