Media firm Matching zooms in on 25-30% growth

Corporate April 30, 2014 00:00

By Sirivish Toomgum
The Nation

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Major media production house Matching Maximize Solution (Match) expects revenue growth of 25-30 per cent this year due to continued business expansion, chief executive officer Poomchai Wacharapong said yesterday.

The company generated revenue of around Bt690 million last year. Its businesses range from production of TV programmes and commercials and equipment rental to event organising and printing.
Senior executive vice president Wiroj Bunsirirungruang said Match’s main businesses of renting equipment for film shooting and TV programme production had continued to grow.
The company is expected to finalise by the middle of next month one of three locations on the outskirts of Bangkok where it will buy land for building studios and warehouses. The total budget for land purchase and studio construction is around Bt700 million. The minimum size of the plot it wants is 35 rai (5.6 hectares).
Project construction is expected to begin this quarter, to be commercially up and running by late 2016.
Wiroj said these planned studios and warehouses would become a one-stop service to cater to the demands of local and foreign production houses and movie companies.
He added that demand for the planned studios would also be from many of the newly launched 24 commercial digital-TV channel operators.
Poomchai said that Match this year was continuing to focus on expanding existing businesses and creating synergy among them as well as diversifying into related businesses.
BBTV Production, a subsidiary of Bangkok Broadcasting and Television, owns 42.74 per cent of Match. BBTV is the operator of Channel 7, which holds a licence for a high-definition digital variety channel.

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