Company's Business
The Company operates as a general Operating Company by holding shares in other companies (Holding Company), which the core business of the Company operates through subsidiary companies and associated companies, namely, music business, home shopping business, and media business. However, the Company remains focused on the integrated entertainment business with a variety of works of international quality, delivering limitless happiness on a large scale. The Company never stops developing its business in various areas, resulting in the Company having various businesses,
which can be divided into five businesses as follows:
The core business of the group of companies
1. Music Business
Music Public Company Limited, a subsidiary company (90% shares owned by the Company) that operates an Integrated Music Business. The service starts from artist selection, music production, marketing, music copyrights management, physical and digital music distribution, concerts and festivals organizing, and artist management by professionally finding opportunities for the artists. We also operate a school for singers, musicians, and actors to develop their potential and become true professional artists. The abovementioned shows that the Company can fully expand the music business and efficiently generate income from various channels.
1.1 Digital Music Business
The company produces and distributes music in digital format, publishing works on online platforms such as YouTube, Facebook, Spotify, JOOX, Apple Music, iTunes, and Tencent Music. Users can access songs through these platforms as desired or download them for offline listening, depending on the platform's format. Currently, the digital music business is a significant revenue source driving the growth of the global music industry, including in Thailand.
1.2 Artist Management Business
Artists are a key factor in the company's business success. Therefore, the company places great importance on recruiting and developing quality artists. The recruitment and selection process involves talent competitions and auditions held nationwide. Those selected undergo comprehensive training and development at the world-class GMM Academy, an institute known for producing and developing high-quality professional artists sustainably. The company secures jobs and work opportunities for its managed artists, including live concert performances at various venues and product presenter roles. Additionally, the company is involved in creatively designing these engagements to meet customer needs while incorporating the artists' identities to highlight their memorable strengths.
1.3 Music Publishing Business
The company manages and collects royalty fees from entrepreneurs and entities that wish to use the company's music and music-related content. This includes record labels, partner companies, and commercial users such as radio stations, television channels, online content creators, restaurants, karaoke shops, and various entertainment venues. The company's royalty fee collection efforts also help elevate the Thai music industry's awareness of the importance of intellectual property.
1.4 Showbiz (Concerts and Festivals Organizing)
The company operates under GMM SHOW, organizing concerts and music festivals. The company excels in various aspects of performance activities, including creative performance concepts, production, lineup marketing, and diverse event themes to generate fresh and up-to-date ideas. Additionally, the company pays close attention to every element of event organization, such as lighting, sound, staging, food and beverage sales, and various attendee facilities. As a result, the company's shows are memorable and impressive, consistently providing new experiences for attendees.
The company's personnel are skilled in managing all elements of show organization. Coupled with a quality music library and talented artists, the company is a strong leader in organizing concerts and music festivals. The main income for the showbiz business comes from ticket sales, sponsor support, and event activities.
Concerts, i.e., Genie Fest 19, BABB BIRD BIRD SHOW #11 Dream Journey, Bodylam Fest, Peck Palitchoke Concert #2 : Love in Space, 90’s Forever Concert, GRAMMY X RS : HIT100 CONCERTS
Music Festival, i.e., Big Mountain Music Festival, Nanglen Music Festival, Chiangyai Fest, Poongtai Fest, Chiengnuea Fest, Nanglay Music Festival, Rock Mountain, Monster Music Festival, Rock on the Beach
1.5 Physical Music and Merchandise
The company produces and distributes music products, including tapes, DVDs, MP3s, USBs, various box sets, vinyl records, and turntables for vinyl. Sales are conducted through various channels, such as traditional trade stores, modern trade stores, retail stores, kiosks, online channels, and call centers.
Artists' merchandise, including souvenirs for concerts and festivals, and products created in collaboration with artists, are produced in limited quantities for fans and the general public.
1.6 Other Music Business
The company operates a school specializing in singing, music, dancing, and all forms of acting under the name "BLKGEM." The school adheres to international standards and features expert teachers such as Khun Apissara Phetruengrong (Teacher Jda), a Performance Master expert, and Khun Wittawat Wirayano (Teacher Jay), a Vocal Master expert. The school is open to the general public to develop skills and abilities and serves as a center for artist development and talent searching.
2. Home Shopping Business
The Company’s home shopping business operates under GMM O Shopping Company Limited, a subsidiary company (the Company holds 100% shares). The home shopping business offers the service via the “GMM O Shopping” channel, focusing on providing elaborate and trustworthy details of the products and introducing selected fine-quality products from both domestic and international sources by focusing on the benefit of the consumers as the most priority. ‘GMM O Shopping’ presents products through platforms, including digital TV, satellite TV, and online channels. According to consumer behavior in the New Normal era, we are moving towards Social Commerce through Facebook, YouTube, TikTok, and Line Official channels, enabling comprehensive access to target customers and creating a convenient shopping experience. Customers can shop 24 hours a day via telephone and online.
3. Media Business
The Company’s media business is operated under a subsidiary, GMM Channel Co., Ltd. (100% owned by the Company) and operates a digital TV station on GMM25 channel. It is a licensee to use radio broadcast frequencies to provide digital television services in the category of national business services, general category, normal definition (SD). Along with The One Enterprise Public Company Limited, which is the Company’s joint venture and a Flagship Company act as a marketing agent to produce content, procure customers, and distribute advertising time for GMM25 Channel.
Businesses that are not the core business of the group of companies
4. Movie Business
The Company’s movie business operates under GDH 559 Company Limited, a subsidiary company (the Company holds 51% of the shares) that aims to produce quality movies and series for the market with various content while still maintaining its style. GDH has clear potential in terms of skilled personnel and teams to make genuine movies and bring happiness to Thai movie viewers.
In addition, GDH has expanded production and distribution to new channels, such as streaming platforms. The series was co-developed and distributed exclusively through Netflix to expand content to a broader audience. GDH opened a new business opportunity by distributing foreign movies under the project named “Out of the Box by GDH,” bringing foreign movies to show in Thailand.
Notable film credits include Fan Chan, Dear Dakanda, Laddaland, Pee Mak, The Con-Heartist, The Medium, Love Destiny The Movie, How to Make Millions Before Grandma Dies. more http://www.gmmgrammy.com/th/movie-business.php
5. Satellite TV Business
The Company’s current satellite television business can be divided into 3 main parts as follows:
- Satellite television network business: operated under GMM Z Co., Ltd. (GMM Z), which has changed to G Broadcast Co., Ltd. (G Broadcast). It provides OTA (Over the Air) service, sorting various satellite TV channels within the network and for operators of other satellite television stations so that it can be viewed on a receiver box.
- IPTV network business: the Company was granted a license in 2022 in the form of an Application Live TV under the name GMMZ TV, providing services only on GMMZ’s receiver box.
- Trading Business: responsible by Z Trading Co., Ltd. (Z Trading) for manufacturing and distributing receiver boxes for satellite TV, digital terrestrial TV receiver boxes, and internet tv receiver boxes and developing the product into other electrical appliances for household facilitation.
