EGV Entertainment Public Company Limited

EGV Entertainment Public Company Limited
Overview of Theater Business in Thailand
At present, entertainment business in Thailand has a high competition especially in theatre business. This high competition occurs because of the enormous expansion of Thai films industry. The annual ticket sales of Thai movies are valued at 819.63 million Baht, which is as high as 24.14% of the movie market value. It is expected that the value of the film market in 2003 is as high as 3,900 million Baht, a 15% growth from 2002. This is the result of the continuous growth of the Hollywood film industry. This year there are 280 films waiting to be screened; 20-25 of which could be Blockbuster ones. This growth is also enhanced by at least 40 new Thai films that are being produced this year. The potential for the growth of the theatre business can be seen from such business indicators as population per screen. The group approximates that the population per screen in Bangkok and its surrounding areas i...