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ABS-CBN: TeleRadyo to close next month

(UPDATE) ABS-CBN Corp. on Tuesday said it would be taking news channel TeleRadyo offline by the end of next month given continued losses since the Lopez-led media firm lost its franchise in 2020.

It also announced a partnership with the House Speaker Martin Romualdez's Prime Media Holdings Inc. for news and other content that is expected to provide employment for some of the workers to be laid off.