Entertainment conglomerate in Thailand From Wikipedia, the free encyclopedia
GMM Grammy Public Company Limited (Thai: จีเอ็มเอ็ม แกรมมี่ or stylized as G"MM' Grammy) is the largest media conglomerate entertainment company in Thailand.[3][4][5] Top Grammy artists include Bird Thongchai, Silly Fools, Loso, Tai Orathai, Bie Sukrit, Tata Young, Mos Patiparn, Bodyslam, Getsunova, Joey Boy. In addition to its music business, the company is involved in concert production, artist management, film production, television production and publishing.
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![]() Logo used since 2001 | |
![]() GMM Grammy Place | |
Formerly | Grammy Entertainment (1983–2001) |
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Company type | PCL |
SET: GRAMMY | |
ISIN | |
Industry | Mass media |
Founded | 11 November 1983 |
Founder | Rewat Buddhinan Paiboon Damrongchaitham |
Headquarters | GMM Grammy Place, 50 Sukhumvit Road, Khlong Toei Nuea, Watthana, Bangkok, Thailand |
Area served | Worldwide |
Key people | |
Products | Music, 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 | |
Website | www.gmmgrammy.com |
In 2023, GMM Grammy partnered with RS Group, another Thai music label, to establish a joint venture called Across the Universe.[6]
Rank | Major Shareholders[7] (as of December 6, 2022) |
No. of Shares | % of Issued Capital |
---|---|---|---|
1 | Fah Damrongchaitham Co., Ltd | 426,774,344 | 52.05 |
2 | Mr. Thaveechat Jurangkool | 134,635,723 | 16.42% |
3 | Mr. Nuttapol Jurangkool | 81,122,700 | 9.89% |
4 | Mrs. Hathairatn Jurangkool | 51,573,500 | 6.29% |
5 | Mr. Komol Juangroongruangkit | 22,720,000 | 2.77% |
6 | UOB Kay Hian (Hong Kong) Limited – Client Account | 17,932,520 | 2.19% |
7 | Bangkok Bank Public Co., Ltd | 12,278,693 | 1.50% |
8 | Thailand Securities Depository Co., ltd | 5,216,651 | 0.64% |
9 | Mr. Takonkiet Viravan | 5,059,236 | 0.62% |
10 | Bualuang Equity RMF | 4,830,400 | 0.59% |
The company has twelve music subsidiaries:
GMMTV RECORDS is under GMM TV department and One 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.
Current artists in the GMM Grammy label include (incomplete list):
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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 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.
GMM Grammy has 2 digital television channels:
Production marques, studios which produce lakorns, TV series, TV shows, game shows and variety shows, including:
Atime Media, a subsidiary of GMM Grammy, operates the following stations:
Magazines produced by GMM Grammy include:
GMM Grammy has partial stakes in the Bangkok Post and the Matichon Group, which publishes several Thai-language dailies, including Matichon and Khao Sod.
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