Q : What’s the company business?
A : GMM Grammy Public Company Limited operates a full service in the entertainment industry, creating a variety of works with quality at an international level to deliver extensive unlimited happiness. We specialize in presenting through the music business and artists. From outstanding work continuously for a long time, the Company does not stop developing in various business areas. As a result, there are now a variety of businesses.
Can be classified as follows:
1. Music Business
This business operates under the “Servicing Entire Music Business” (Total Music Business) model. 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 operates in distributing music in digital format. by bringing music content to online platforms, such as YouTube, Facebook, Spotify, JOOX, Apple Music, iTunes, and Tencent Music, etc. Where users can access online music on command or download music to listen offline depending on the platform. Today, the digital music business is a significant source of income that drives the growth of the global music industry, including Thailand.
1.2 Artist Management Business
The company provides employment for artists, concerts, live performances at various locations, and brand presenting. The Company has a policy to train and develop all-around artist skills, including singing, dancing, and acting, in order to become a sustainable professional high-quality artist.
1.3 Music Publishing Business
The Company manages and collects copyright fee from entrepreneurs who wish to use the Company’s music and partner music labels for commercial use, such as radio media, television media, restaurants, karaoke shops, etc.
1.4 Showbiz (Concerts and Festivals Organizing)
The Company operates showbiz under GMM SHOW as a business for organizing concerts and music festivals. The Company specializes in the business of organizing events and exhibitions in a range of formats from concerts, Variety shows, mixed media creative events and other shows. The operation covers innovative exhibition, production and creative marketing plans so as to fully meet the needs of customers. The main revenue is derived from ticket sales, Sponsor’s Support and various activities.
Concerts, i.e., Genie Fest 19, BABB BIRD BIRD SHOW #11 Dream Journey, Bodylam Fest, Peck Palitchoke Concert #2 : Love in Space.
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 distributes music in various formats such as albums, MP3s, DVDs, USBs, box sets, vinyl records vinyl players, etc. We distribute products through traditional trade stores, modern trade stores, retail stores, or kiosks including through online channels and call centers.
The Company also operates a distribution for artists’ goods, including merchandise jointly owned by artists. Each product is a limited edition. The artists are the co-creators of those quality goods for fans and the general public.
1.6 Other Music Business
YGMM Co., Ltd.
YGMM Co., Ltd. is a joint venture between the Company and YG Entertainment (“YG Entertainment Inc.”) to integrate artist development under the name YG”MM. The Company’s shareholding percentage is 51% and the registered capital of the joint venture is 200 million baht. YG”MM has the goal to create quality idol artists who are capable in all aspects according to the courses of YG”MM.
GR Vocal Studio
The Company operates a singing, music, dance, and performance school, “GR Vocal Studio,” which opens to the general public as a center for artist development and new artist discovery.
2. Home Shopping Business
The Company operates a home shopping business through a program called 'GMM O Shopping', which is a program that focuses on providing reliable, interesting information, and introducing quality products from both domestic and foreign countries. Realizing the importance of consumer benefits, '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 enabling comprehensive access to target customers and creating a convenient shopping experience. Customers can shop 24 hours a day via telephone and online, as well as the after-sale service.
3. Movie Business
The movie business operated under the operation of the subsidiary, GDH 559 Company Limited (The Company holds 51% shares). The goal is to continuously produce quality movies and series to the market in a variety of different content, but still maintaining our own style. GDH clearly has a strong potential in its skilled crew team to present innovative films and create happiness for Thai movie viewers.
Notable film credits include Fan Chan, Dear Dakanda, Laddaland, Pee Mak, The Con-Heartist, The Medium, Love Destiny The Movie. more http://www.gmmgrammy.com/th/movie-business.php
4. Satellite TV Business
The business operates through the satellite TV network and the distribution of TV set-top boxes for both satellite TV boxset, digital TV boxset, internet TV boxset, as well as the music player products including the music box and karaoke microphone to support the music business which is the core business of the Group.
5. 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 uses radio broadcast frequencies to provide digital television services in the category of national business services, general category, normal definition (SD). The One Enterprise Public Company Limited, the joint venture of the Company, is the marketing representative in the creation of content, getting new customers and distributing advertising time for GMM 25 channel. And also the Flagship Company in creating and production of content in form of drama, series, and variety shows by focusing in broadcasting mainly via digital TV channel of ONE 31 channel and FM radio channel and online.
Q : What’s the Company Revenue Structure?
A : The Company’s Revenue Structure
Q: What’s the Company Shareholding Structure?
A : The Company Shareholding Structure
|Free Float As of 13/03/2023|
|Minor Shareholders (Free float)||2,727|
|% Shares in Minor Shareholders (% Free float)||14.79|
|Overview As of 13/03/2023 Rights Type : XM|
|% Shares in Scripless Holding||96.46|
|Major Shareholders||# Shares||Shares (%)|
|Mr. Thaveechat Jurangkool||134,635,723||16.42|
|Mr. Nuttapol Jurangkool||81,122,700||9.89|
|Mrs. Hathairatn Jurangkool||53,926,400||6.58|
|Mr. Komol Juangroongruangkit||22,720,000||2.77|
|UOB KAY HIAN (HONG KONG) LIMITED - Client Account||17,932,520||2.19|
|Bangkok Bank Public Co., Ltd||12,278,693||1.50|
|Thailand Securities Depository Company Limited||5,217,251||0.64|
|Mr. Takonkiet Viravan||5,059,236||0.62|
|Bualuang Equity RMF||4,830,400||0.59|
Q : When does the company hold Annual General Meeting of Shareholders (AGM)?
A : According to Chapter 5 of the Articles of Association, The Board shall arrange for an Annual General Meeting of Shareholders to be held within 4 months after the end of the fiscal year of the Company. GMM Grammy’s Annual General Meeting of the Shareholders is usually held in April.
Q : When will the shareholders receive the notice of Annual General Meeting of Shareholders (AGM)?
A : The Company will announce the Annual General Meeting of Shareholders and deliver the notice to the shareholders 30 days prior the meeting. In addition, the company will publish the notice of the meeting and proxy form on company website for shareholders can be downloaded easily.
Q : What should shareholders do if they can’t attend Annual General Meeting of Shareholders (AGM)?
A : In case that a shareholder can’t attend in person. Shareholders may appoint a representative to attend the meeting as proxy form attached to the Notice of AGM and Proxy Form can be printed from the website "www.gmmgrammy.com". The proxy does not need to be GMM Grammy’s shareholder. Shareholder must appoint only one person to attend the meeting and vote.
Q : What’s the company dividend policy?
A : GMM Grammy had a policy to pay consistent dividend to shareholders, linked to the underlying earnings performance of the business. In the absence of unforeseen circumstances, GMM Grammy has a policy paying the dividends to shareholders at a rate of not less than 40% of the net profit after corporate income tax each year, based upon the Company’s separated financial statements. This dividend policy may change in the light of investment opportunities that may become available to GMM Grammy or as a result of other economic or financial factors or when a dividend payment may have a significant impact on GMM Grammy’s normal operation. The dividend payment shall not exceed the retained earnings of the separated financial statements. As GMM Grammy is on the investment period in new businesses, we did the omission of dividend payment since the second half of 2011 in order to reserve cash for the ongoing projects under the Company's business plan.