The media company will execute investments, strategic partnerships and M&A deals through newly formed holding vehicle GMA Ventures.
Philippines-based media group GMA Network has formed a corporate venturing unit dubbed GMA Ventures.
GMA Ventures will operate as a holding company owned by GMA to invest in technology startups in addition to participating in mergers and acquisitions and launching strategic partnerships. It will invest domestically and internationally.
Felipe Gozon, GMA’s Network chairman and CEO, is heading GMA Ventures and said: “Following the successful roll-out of our digital TV products and a banner year in 2020, we are looking at…
