GMA New Media Inc. forms a Joint Venture with Manila Jockey Club to Create Technology-Based Services for Sports and Recreational Gaming

GMA New Media, Inc. (GMA NMI), a subsidiary of GMA Network, Inc., and the Manila Jockey Club, Inc. (MJC), recently signed the Shareholders' Agreement for Gamespan, a joint venture that aims to transform sports participation and recreational gaming into technology-based services.  The JV company aims to propagate the gaming experience through multiple platforms such as mobile, web and other emerging technologies, and develop derivatives-based games.  Standing from left to right are Judd I. Gallares, President and COO, GMA NMI, Felipe S. Yalong, EVP and Chief Financial Officer, GMA Network; Gilberto R. Duavit, President and COO, GMA Network;  Atty. Felipe L. Gozon, Chairman and CEO, GMA Network; Atty. Alfonso Reyno, Jr., Chairman and President, MJC; Atty. Alfonso Reyno III, EVP and COO, MJC; Dr. Dante Morales, Director, MJC; and Atty. Ferdinand Domingo, Corporate Secretary, MJC.