GMM Grammy

GMM Grammy Public Company Limited (Thai: จีเอ็มเอ็ม แกรมมี่ or G"MM' Grammy) is the largest media conglomerate entertainment company in Thailand.[3][4][5] It claims a 70 percent share of the Thai entertainment industry. Grammy artists include Thongchai McIntyre, Silly Fools and Loso. In addition to its music business, the company is involved in concert production, artist management, film and television production and publishing.

GMM Grammy PLC
TypePLC
SET: GRAMMY
ISINTH0473010Z09
TH0473010Z17
IndustryMass media
Founded11 November 1983 (1983-11-11),
(as Grammy Entertainment)
FounderRewat Buddhinan
Paiboon Damrongchaitham
HeadquartersWatthana, Bangkok, Thailand
Key people
  • Paiboon Damrongchaitham
    (President & Chairman)
  • Boosaba Daorueng
    (Conglomerate CEO & Vice Chairman)
  • Phawit Chitrakorn
    (Music Business CEO)
  • Sompohb Budspawanich
    (COO)
  • Fahmai Damrongchaitham
    (Music Business CMO & CSO)
  • Karnsuda Sansuthi
    (CFO)
  • Chitralada Hengyotmark
    (CLO)
ProductsMusic, Films, Digital Terrestrial Television, Radio, Magazines, Digital Business, Satellite Television, Event Management, Home Shopping
Revenue 6,640.25 million baht[1]
US$204.44 million (2019)
341.87 million baht[1]
US$10.53 million (2019)
Total assets 3,669.28 million baht[1]
US$112.97 million (2019)
Total equity 1,169.32 million baht[1]
US$36.00 million (2019)
Number of employees
1,917[2] (2018)
Subsidiaries
Websitewww.gmmgrammy.com

Major shareholders
Rank Major Shareholders[6]
(as of March 19, 2020)		 No. of Shares % of Issued Capital
1 Mr. Paiboon Damrongchaitham 392,834,599 47.91%
2 Mr. Thaveechat Jurangkool 133,835,723 16.32%
3 Mr. Nuttapol Jurangkool 81,122,700 9.89%
4 Bualuang Long-Term Equity Fund 24,437,800 2.98%
5 UOB KAY HIAN (HONG KONG) LIMITED - Client Account 22,932,520 2.80%
6 Mr. Komol Juangroongruangkit 22,720,000 2.77%
7 Bangkok Bank Public Co., Lt 12,278,693 1.50%
8 Mr. Fahmai Damrongchaitham 9,342,400 1.14%
9 Mr. Rafah Damrongchaitham 9,000,000 1.10%
10 Ms. Fahshai Damrongchaitham 7,969,873 0.97%
11 Ms. Ingfah Damrongchaitham 7,969,872 0.97%
12 Mrs. Hathairat Chulangkul 6,981,100 0.85%
13 Mr. Takonkiet Viravan 6,930,856 0.85%
14 Bualuang Long-Term Equity Fund 75/25 5,306,400 0.65%
15 Mr. Kitti Nghammaharat 5,248,400 0.64%
16 Bualuang Equity RMF 5,001,200 0.61%
17 Bualuang Flexible RMF 4,816,500 0.59%

Music

The company has fifteen music subsidies:

GMMTV RECORDS and GMM A are under GMM Channel Digital TV department and Exact Music are under GMM One Digital TV department. Manufacturing and distribution comes under MGA Co. Ltd., while the Imagine record store chain is a company-owned retailer. Music publishing is handled by GMM Music Publishing International Co., Ltd., while GMM Grammy licensed karaoke music and equipment is handled by Clean Karaoke.

List of GMM Grammy artists

Current and past artists in the GMM Grammy label include (incomplete list):

Media

Film

GMM Grammy has conducted business in the film industry through various subsidiary studios: Grammy Film (1995–2000), GMM Pictures (2002–2004), GMM Tai Hub (GTH, 2004–2015), and GDH 559 (2016–present). Grammy Film and GMM Pictures were wholly owned subsidiaries, while GTH was formed in 2004 as a joint venture with Tai Entertainment and Hub Ho Hin Bangkok, following their successful 2003 co-production My Girl. GMM Grammy owns a 51% stake in GDH 559, which was formed in 2016 as GTH's successor following disagreements which led to the departure of Tai Entertainment.

GMM Z

GMM Z Co., Ltd. is a subsidiary of GMM Grammy that produces and distributes satellite television set-top boxes airing free-to-air channels and its own content.

It formerly operated Z PAY TV, a pay television platform offering premium and exclusive content such as German Bundesliga, UEFA Euro 2012, and channels from FOX International Channels before it was sold to CTH.

Television

GMM Grammy has 2 digital television channels:

  • One 31 Channel 31 (high definition)
  • GMM 25 Channel 25 (standard definition)

Production marques, studios which produces lakorns, TV series, TV shows, game shows and variety shows, including:

  • A-Time Media
  • The One Enterprise (Owner of One 31, merged from GMM One TV, Exact, and Scenario)
  • GMM Channel (Owner of GMM 25)
  • GDH 559
  • GMMTV
  • GMM Bravo
  • Me Mi Ti
  • CHANGE 2561 (with Adelfos Co Ltd and Saithip Montrikul Na Audhaya)[8]

Radio

Atime Media, a subsidiary of GMM Grammy, operates the following stations:

  • Chill FM Online
  • EFM 94
  • Green Wave 106.5 FM
  • Hot 91.5 (disbanded in 2013)

Magazines

Magazines produced by GMM Grammy include:

  • Image - Fashion, beauty, society news.
  • Madame Figaro Magazine - Fashion and beauty "targeting sophisticated and highly educated women who do not need 'how to'".
  • Her World - The Thai edition of the popular Singaporean women's magazine.
  • Maxim - The Thai edition of the popular lad mag.
  • Attitude - The Thai edition of the British gay lifestyle magazine.
  • In Magazine - Fashion and Entertainment

Newspapers

GMM Grammy has partial stakes in the Bangkok Post and the Matichon Group, which publishes several Thai-language dailies, including Matichon and Khao Sod.

Distribution
  • Se-Education PLC - A chain of university bookstores.

See also

References
  1. "Companies/Securities in Focus: GRAMMY : GMM GRAMMY PUBLIC COMPANY LIMITED". set.or.th. Stock Exchange of Thailand. Retrieved 27 April 2020.
  2. "Annual Report 2018 GMM Grammy Public Company Limited" (PDF). p. 26. Retrieved 27 April 2020.
  3. Jason Tan (27 March 2018). "'Thai wave' in showbiz poised for big splash in China". Nikkei Asian Review. Retrieved 27 April 2020. GMM Grammy -- the largest media conglomerate on the Stock Exchange of Thailand
  4. Nanat Suchiva (22 July 2017). "Mr Expo reflects on the big event". Bangkok Post. Retrieved 27 April 2020. Soon after, Mr Kriengkrai agreed to sell a 50% stake in Index to GMM Grammy Plc, Thailand's largest entertainment company.
  5. Sarah Newell (24 March 2016). "This Thailand Tycoon's Private Palace Is a Pool-Filled Oasis". Bloomberg News. Retrieved 27 April 2020. Paiboon, the 66-year-old chairman of GMM Grammy, Thailand’s largest media company...
  6. "Companies/Securities in Focus: GRAMMY : GMM GRAMMY PUBLIC COMPANY LIMITED". set.or.th. Stock Exchange of Thailand. Retrieved 27 April 2020.
  7. https://www.youtube.com/user/JanninaW
  8. https://www.bangkokpost.com/business/1596642/gmm-pumping-b20m-into-change-2561
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