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Byline: Bamrung Amnatcharoenrit
Oct. 5--GMM Grammy Plc says it's prepared to pour up to one billion baht into establishing its own television station, even as controversy lingers over the recent formation of the National Broadcasting Commission (NBC).
Money would be no object for the cash-rich company, said chief operating officer Sumeth Damrongchaitham.
Mr Sumeth's remarks yesterday echoed earlier comments by Grammy chairman Paiboon Damrongchaitham, who said the company would definitely set up a television station once the NBC's regulatory policies became clear.
"The company has no financial problem because it now has one billion ...
Source: HighBeam Research, Grammy keen on TV station if regulatory picture clears.