Sunday, March 24, 2013


MANILA, Philippines – After its failed deal with the business group led by Manuel V. Pangilinan, GMA Network, Inc, the country's second biggest media group, is still looking to partner up with a local telecommunications company as part of its convergence plans.

Gilberto Duavit, president and COO of GMA said they are open to discussions and are “reviewing possible partnership fits which will result in prospective discussions with telcos pertaining to the availability of GMA-7 content on smart devices.”

When asked if they were already in talks with any telco companies following the collapse of the almost year-long negotiations with the Pangilinan group, which controls giant Philippine Long Distance Telephone Co. (PLDT), Duavit said “We are telco-agnostic in that sense. It’s simply a matter of what would be most mutually beneficial.”

Duavit said their convergence plan is still going ahead in line with consumer demand.

“The idea is to make our content available beyond conventional television. There is the emergence of handheld devices where we foresee our content being made available,” said Duavit.


Both major broadcasting networks, ABS-CBN and GMA, have been looking to marry their content with local telco companies to create new revenue streams amid changing consumer demands and technology.

The Pangilinan-led group, which controls not only PLDT but the broadcast group that operates 3rd liner TV5, has pursued the acquisition of GMA-7 to provide content that will complement its traditional telco services amid declining returns. However, the much-awaited 2012 deal between Pangilinan and GMA did not push through after a series of failed talks starting from December 2011. This is the two group's 3rd attempt to partner.

PLDT said that its unit MediaQuest Holdings Inc.'s discussions for a possible acquisition deal with major shareholders of GMA-7 have been "terminated" because they could not arrive at "mutually accepted terms."

Globe Telecom Inc., the second biggest telco firm and PLDT's rival, has also expressed interest in partnering up with a broadcasting network. Globe president, Ernest Cu, had said he and ABS-CBN CEO Eugenio Lopez III have "always been talking" on "what do we partner with." .

Cu said there are no talks yet with GMA-7 but Globe isn’t ruling them out. - Rappler.com


AnyarehGME? said...

Go GME! Makipagpartner sa lahat para naman makabawi kayo kasi SEMPLANG as in taktak hanggang LUPA ang KAHIRAPAN ng GME ngayon. bwahahhaa! SINUNGALING at mang-UUTO kasi kaya KINAKARMA! bwahahahahah

Anonymous said...

Kung ang Globe interesadong makipagpartner sa ABS, ang GMA naman "namamalimos" na merong TelCo na makipagpartner sa kanila.

Anonymous said...

e gusto na nga bilihin ni Mr. Pangilinan yan e, ngayon asa pa kayo sa palimos. benta nyo na kase. hahahaha.

Anonymous said...

Thank you a lot for sharing this with all folks you really recognize what you're talking about! Bookmarked. Kindly additionally talk over with my website =). We can have a hyperlink change contract among us

Feel free to visit my webpage ... diet plans for women

Anonymous said...

Valuаble іnfo. Luckу me I found your ѕitе by аcciԁent, anԁ I'm stunned why this twist of fate did not happened in advance! I bookmarked it.

Also visit my webpage ... buy hcg drops

Anonymous said...

Нiya very niсe web sitе!! Guу
.. Beautiful .. Amazing .. I will booκmark yοur blog anԁ
taκе the feeԁs аddіtionallу?
I'm happy to search out so many useful info right here within the post, we need work out extra techniques in this regard, thanks for sharing. . . . . .

Feel free to surf to my web site: hgh supplements that increase testosterone

Anonymous said...

Ιts such as you leаrn my mind! You seem tо grasр a
lot abοut this, likе yοu wrote thе е bоoκ
іn it or something. I feеl that you could do with sоme p.
c. to drivе the messаgе home a bit, howeveг inѕtead of
that, this iѕ ωοndeгful blog.
А greаt read. I'll definitely be back.

My web site lowest price prescription drugs guaranteed

Anonymous said...

Hi theгe, just bеcame аlert
tо your blоg thrоugh Gоogle, аnԁ found that it is truly іnformative.
Ӏ am going to watch οut for brussels.
I wіll be grateful if you continue this in future.

A lot оf people will bе benefiteԁ from your writing.


My web page :: ways to make money online

Anonymous said...

Greetings I am so happy ӏ found yоur weblog, I гeally found you
by accident, whilе Ӏ ωas sеarchіng on Gοogle foг somеthing else,
Anyhow I am hеrе now and would јust liκe to ѕаy thаnks a lot for a гemarkable post and a all rоund enjoyable blog (I also love the theme/design),
I dоn't have time to go through it all at the moment but I have bookmarked it and also added your RSS feeds, so when I have time I will be back to read a lot more, Please do keep up the fantastic job.

My homepage :: Green Coffee Bean Extract

Anonymous said...

Magnificent goods fгοm you, man. I have unԁеrstand your ѕtuff рreviouѕ to and you're just too excellent. I actually like what you have acquired here, certainly like what you'гe stаting and the wаy
in ωhich you say it. Υou makе it entеrtainіng anԁ you ѕtill сaгe fοr tο keеp
it ωisе. I cаn not wait to read much more frοm уou.

Thiѕ іs aсtually a teггіfic site.

Feеl free tо νisit my page ... green coffee extract

Anonymous said...

Awesomе artісlе.

Ѕtoр by my ωеbрagе - green coffee bean diet pills\/dr. oz

Anonymous said...

Great goodѕ from you, man. I've understand your stuff previous to and you're just too
fantastic. I actually lіke what you've acquired here, certainly like what you're stating and thе way in ωhich you say it.
Yоu make іt entertaining and you ѕtill take care of
to keep it smart. I can not wait to гeaԁ much morе from yоu.
This is actuallу a wonderful ѕite.

Feel free to surf to my webpage :: Cheapest Car Insurance


My Blog List


Related Posts with Thumbnails