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Thailand's Largest Entertainment Group Plans to List Media Unit.
Aug. 2--GMM Grammy Plc, the country's largest entertainment group, is spinning off its media business with plans for a share listing by the end of the year.
GMM Media Plc, a holding firm for five firms, was expected to list on either the Market for Alternative Investment or the Stock Exchange of Thailand, according to Paiboon Damrongchaitham, chairman of GMM Grammy Plc.
A total stake of 20 percent in GMM Media will be offered in an initial public offering, with the remaining 80 percent retained by SET-listed GMM Grammy.
The five subsidiaries under GMM Media are A-Time Media Co, which operates five radio stations; Image Publishing Co, Mass ...
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- Press release article from: Business Wire February 3, 2009 700+ words
...Distribution, Marketing and Other Services for GMM Grammy Labels Newly-Opened Orchard Singapore...today announced a licensing pact with GMM Grammy, Thailand's biggest music and entertainment group. GMM Grammy commands a 70% market share of the...
- GMM Grammy reports strong 2004 profit.(Asia's television industry is talking...
- Magazine article from: Television Asia April 1, 2005 700+ words
Thai media and production house, GMM Grammy, reported a 33% rise in annual profit...million on revenues of US$171 million. GMM Grammy chairman, Paiboon Damrong-chaitham...acquiring two local production houses. GMM Grammy's TV interests grew 33% in 2004...
- Paiboon to take more active role in GMM Grammy: Profits targeted to rise 30%.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) February 19, 2005 700+ words
...from semi-retirement as the head of GMM Grammy Plc since 2002 to actively run Thailand...said his plans to focus more time on GMM Grammy would not affect his own business ventures...more at Grammy," Mr Paiboon said. GMM Grammy shares closed yesterday on the Stock...
- Thai entertainment giant GMM Grammy projects even rosier year for 2005.
- Newspaper article from: Knight Ridder/Tribune Business News November 23, 2004 700+ words
...Thailand Knight Ridder/Tribune Business News Nov. 23--GMM Grammy Plc, the country's biggest entertainment company, has...talks with Liverpool would then restart, he said. Shares of GMM Grammy closed yesterday on the SET at 15.60 baht, down 10 satang...
- Magazines paying off for Thai media giant GMM Grammy.
- Newspaper article from: Knight Ridder/Tribune Business News September 8, 2004 700+ words
...magazines in the pipeline, revenue from the publishing arms of GMM Grammy Plc -- GMM Inter Publishing and GMM Times -- is expected...and the other an entertainment title -- early next year. GMM Grammy shares closed yesterday on the Stock Exchange of Thailand...
- GMM Grammy profit surges by 80% in first half on new strategy.(Financial report)
- Newspaper article from: Bangkok Post (Bangkok, Thailand) August 16, 2007 700+ words
Byline: Woranuj Maneerungsee Aug. 16--GMM Grammy Plc, the country's largest entertainment company, is reporting robust profit growth after adopting a new business strategy...
- GMM Grammy Chief Seeks Up to 10 Partners to Invest in UK Soccer Club.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) June 17, 2004 700+ words
...Charoen Sirivadhanabhakdi, businessman-turned-politician Prayudh Mahagitsiri, Shin Corp and Osotspa have been wooed by GMM Grammy boss Paiboon Damrongchaitham to revive a bid for a stake in the Liverpool Football Club. Many of the companies have shown...
- GMM Grammy gets back-office help.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) June 18, 2005 700+ words
Byline: Ploy Chitsomboon Jun. 18--GMM Grammy Plc and its subsidiary GMM Media yesterday awarded a deal to allow Siam Commercial Bank to handle the companies' cash management...