GMM Grammy Public Company Limited (GRAMMY.BK)
GMM Grammy Public Company Limited operates in the Entertainment industry of the Communication Services sector, headquartered in Bangkok, BM, TH. The stock last traded at $2.94, down 2.00% on the session, giving a market capitalisation of $2.41B. Its beta of 0.02 implies it has historically moved less than the broad market.
GMM Grammy Public Company Limited, along with its various subsidiaries, operates as a diversified entertainment conglomerate in Thailand, focusing on music, satellite television, film production, and home shopping. The company segments its diverse operations into two primary divisions: Music and Others. Within its Music division, GMM Grammy oversees the entire lifecycle of musical products, from their creation, marketing, and distribution to content management. This also encompasses the physical and digital dissemination of music, engaging in show business, artist management, and the organization of numerous concerts and music festivals. Furthermore, the company manages copyrights and the professional careers of its artists. The "Others" segment is quite broad, encompassing a wide range of media and related services. This includes operating several digital television channels and three radio stations. The company also produces a variety of television programs, such as dramas, news broadcasts, variety shows, and game shows, in addition to renting out its studios. GMM Grammy is involved in the manufacturing and distribution of satellite and digital television receivers, and it manages its own satellite television platform. Film production is another significant activity. Beyond media content, the company distributes satellite television set-top boxes, runs call center operations, and manages vocal and music schools. It provides comprehensive management services for artists, including singers, actors, and actresses, and offers digital music content through platforms like gmember.com and the iTunes Store. Founded in 1983, the company was originally known as Grammy Entertainment Public Company Limited before changing its name to GMM Grammy Public Company Limited in 2001. Its corporate headquarters are situated in Bangkok, Thailand.
GMM Grammy Public Company Limited is most often compared with the following Communication Services names: