GRAMMY Joins Hand with Korea “YG” to Strengthen Entertainment Business and Advisory
GRAMMY established a joint venture with Korea's "YG" to strengthen entertainment business and provide advisory.
GMM Grammy Public Company Limited (GRAMMY) announced an establishment of a joint venture between the company and YG Entertainment Inc. (YG Entertainment Inc. or YG), a listed company in Korea Exchange (KRX), which has expertise in the development of idol artists. The Registered Capital in the joint venture is 200 million baht, which GRAMMY holds a 51% shareholding.
The investment was to engage in all kinds of entertainment businesses and provide advisory such as organizing concerts, stage plays, and various performances.