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Manila Bulletin devider Business devider GMA, ABS-CBN sign historic licensing contract

GMA, ABS-CBN sign historic licensing contract

Published Apr 6, 2022 04:05 pm

GMA Network and ABS-CBN Corporation have signed a contract for a historic partnership that will pave the way for the airing of some of Kapamilya Star Cinema’s movies on the Kapuso channel.

In a statement, GMA said this partnership charts new grounds for Philippine entertainment and solidifies its place as a one-stop shop for major film studios including Regal Entertainment, Inc., Viva Films, OctoArts Films, and now, Star Cinema.

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Under the contract Star Cinema will license some of its most popular and well-loved movies to GMA.

GMA Network President and Chief Operating Officer Gilberto R. Duavit, Jr. believes that the partnership is mutually beneficial for both companies.

“To us, we are very pleased because the significance of our partnership today ushers in the possibility of a far broader set of conversations, potential partnerships and cooperation that will have the benefit not only mutually to GMA and ABS-CBN but as importantly, if not perhaps more importantly, to the benefit of the public we both serve – the Filipino viewer,” he noted.

GMA Network to air Star Cinema movies in a historic deal with ABS-CBN Corp. (Top row from left) Gilberto R. Duavit, Jr., Felipe S. Yalong, Atty. Annette Gozon-Valdes, Jose Mari R. Abacan; (Bottom row from left) ABS-CBN's Mark Lopez, Carlo L. Katigbak, Cory V. Vidanes, Ricardo B

Duavit added that, “Looking forward, since we have as they say, broken the ice, there is great optimism that these conversations will start and continue, and we look forward to the possibility of this type of an opportunity again moving forward.”

Meanwhile, GMA First Vice President for Program Management Department Jose Mari R. Abacan shares his excitement for this collaboration, “I am happy that, after having a lot of relationships with other majors, we are now adding a group that I have always looked up to from the start. Thank you, Star Cinema at ABS-CBN.”

On the other hand, ABS-CBN President and Chief Executive Officer Carlo L. Katigbak said that he is hoping to bring Star Cinema movies to more viewers through this partnership.

“Every storyteller’s dream is to have as many people as possible experience their creations. Now, because of the kindness of our friends at GMA, we have the special opportunity to bring our Kapamilya stories to a new audience,” he noted.

Katigbak added that, “We hope the Kapusos find joy and inspiration in viewing our Star Cinema movies and we also look forward to a new era of friendship and cooperation within our small industry.” “Thank you, (GMA) Chairman Gozon...and all our other friends at GMA who have made this partnership happen,” he said.

Related Tags

Gilberto Duavit Jr. GMA Network Star Cinema ABS-CBN Corporation Carlo Katigbak
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