GDH 559
GDH 559 Co., Ltd., doing business as GDH, is a film studio subsidiary of the Thai entertainment conglomerate GMM Grammy. It was founded on 5 January 2016, as a successor to GMM Tai Hub — Thailand's most successful film studio of the prior 11 years — which had been dissolved in December 2015 due to internal conflicts between the company's three major shareholders — GMM Grammy, and Hub Ho Hin. GDH had released films of various genres such as romance, comedy, horror and drama as well as the hit films Bad Genius and How to Make Millions Before Grandma Dies.
Background
GDH was formed as a joint venture between GMM Grammy and Hub Ho Hin Bangkok following the closure of GMM Tai Hub. The company was registered on December 14, 2015, with registered capital of 150,000,000 million baht under the same shareholding proportion. With the departure of GTH's former president Visute Poolvoralaks, GMM Grammy and Hub Ho Hin rejoined to create GDH 559, which inherited almost all of GTH's creative personnel and resources.According to Jira Maligool, the company name is said to stand for Gross Domestic Happiness, which refers to the happiness of spectators and workers, and the numbers in the company name refer to the date and year of the company's foundation as well as its number of new shareholders of 59 people. During its tenure as GTH, GMM Grammy holds 51% of its share and Hub Ho Hin Bangkok holds 15%, and of Tai Entertainment by 30%. Despite the management changes, GDH retains its same Bangkok headquarters as Hub Ho Hin Film and GTH and has since expanded to more companies around its neighbourhood.
The company used the placeholder trade name GDH Five Five Nine until an official logo was issued. It then changed its current trade name to simply GDH.
Corporate structure
GDH 559 is owned by GMM Grammy, which holds a majority 51-percent stake, and Hub Ho Hin, which owns 15 percent. The rest is held by individual shareholders, most of whom are the company's staff and crew. GDH operates the various aspects of its business through its subsidiaries and affiliates:Jor Kwang Films Co., Ltd. is GDH's production company, although it is not a direct subsidiary; the company is owned by GDH's directors and producers.
GDH 559's subsidiary companies are:
- Nadao Bangkok Co., Ltd.
- Sawasdee Thaweesuk Co., Ltd.
- Ngandee Thaweesuk Co., Ltd.
- The Secret Farm Co., Ltd.
- Siangdee Thaweesuk Co., Ltd.
- Good Things Happen Co., Ltd.
Filmography
As of 2021, the majority of the GDH/GTH film catalogue is now available on streaming in Thailand through Disney+ Hotstar.
In 2023, GDH established an international distribution unit called Out of the Box to distribute international films under the GDH label. Its first acquisition under the label is Past Lives.