GMA closes deal with Music Video Performance, Inc.

MANILA, Philippines - GMA Network entered into a license agreement with Music Video Performance, Inc. (MVPI), a private organization that serves as the collecting agent for performers and recording companies, for the use of the sound recordings of the latter’s principals, Philippine Music Public Performance Society, Inc. (PMPPSI) and Performers Rights Society of the Philippines (PRSP).

Present during the contract-signing were (from left) VIVA/Vicor president and COO Tony Ocampo, MVP president Chito Ilacad, GMA SVP for finance and ICT Ronald Mastrili, PRSP president Mitch Valdez and PRSP corporate secretary John Lesaca. Not in photo is PRSP chairman Leo Martinez.