TV Thunder Public Company Limited

What TV Thunder Public Company Limited does

TV Thunder Public Company Limited (SET: TVT) is a Bangkok-based television production company founded in 1993 that creates and distributes entertainment content for the Thai market. Its core business spans TV programs (game shows, reality competitions, dating shows such as Take Me Out Thailand and Show Me The Money Thailand, plus talk shows), dramas (Manner of Death, Paint with Love, Sanéhà 4, broadcast on WeTV, POPS, AIS Play, and Thai PBS), and studio rental services spanning two physical locations - the Intelligent Studio (360-degree virtual studio powered by Aximmetry tracking technology) and the Green Park Studio complex (three studios near Suvarnabhumi Airport). The company is publicly listed on the Stock Exchange of Thailand (having moved from mai in 2018) and operates a diversified entertainment portfolio through four wholly-owned subsidiaries: Thunder Organizer (event organizing), Thunder Publishing (philosophy/self-improvement books), TVT Artist Management (talent representation), and Creatist Media (international format licensing and local adaptation via partners like Fremantle Media).

The business model is multi-stream: it derives revenue from one-time production contracts with Thai broadcasters and streaming platforms, studio rental fees from production clients and advertisers, content licensing royalties on acquired international formats, and book publishing sales. Pricing is quote-based and not publicly disclosed. The company serves three primary customer segments: (1) Thai broadcasters and streaming platforms as B2B content buyers (Channel 3 HD, Thai PBS, WeTV, AIS Play, POPS, True4U, Workpoint TV, LINE TV), (2) production clients renting studio facilities, and (3) Thai consumer audiences for content and books. Distribution is entirely domestic (Thailand), with no documented international expansion beyond format licensing inbound. The company holds ISO 9001 certification and reported 51-100 employees as of the most recent disclosure.

Recent financial performance has been weak: net income has been negative in four of the last five reported years (2022-2025), with the company reporting a CFO resignation in 2025, a prior CFO resignation in 2022, a subsidiary dissolution in 2020, and divestitures of its Moindy JV (2019) and AnyMind Group stake (2023). The company has not pursued material M&A or new fundraising since its 2015 IPO, instead operating through studio-services monetization and content production cycles.

Name

TV Thunder Public Company Limited

Legal name

TV Thunder Public Company Limited (บริษัท ทีวี ธันเดอร์ จำกัด (มหาชน))

Website

https://tvthunder.co.th

Company type

Public

Founded year

1993

Operating status

Operating

Headcount range

51–100 employees

Short description

TV Thunder Public Company Limited (SET: TVT) is a Thai television production company founded in 1993 that produces game shows, dramas, reality shows, and talk shows for major Thai broadcasters and streaming platforms including Channel 3, Thai PBS, WeTV, and AIS Play.

Ownership category

akta.pro rank

Product category

Television Production Services

NAICS

Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers (516210), Television Broadcasting Stations (516120)

SIC

Services-Motion Picture & Video Tape Production (7812), Services-Allied To Motion Picture Production (7819)

akta.pro primary industry

Public Broadcasting Production Units & Studios (In-house/Member) (MPABADAF)

Keywords

• Television production
• Drama series production
• Reality show production
• Studio rental services
• Content licensing

Headquarters

HQ city

Wang Thonglang

HQ country

Thailand

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. TV Program Production: Producing television programs including dramas, game shows, reality shows, variety shows, and documentaries for broadcast on Thai TV channels and streaming platforms.
2. Studio Rental: Renting out TV production studios, equipment (LED screens, mobile stages, lighting, cranes, dollies) with professional production consultation.
3. Publishing: Thunder Publishing produces books and content related to life philosophy and self-improvement based on experiences of Thai TV pioneers.
4. Content Licensing: Licensing international TV formats for local production through subsidiary Creatist Media.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

TV Thunder Public Company Limited is a Thai television production company that produces TV programs (game shows, reality shows, talk shows, dating shows) and drama series for broadcast on Thai TV channels and streaming platforms. The company also operates studio rental facilities (including a 360-degree virtual studio), publishes philosophy books through Thunder Publishing, and licenses international TV formats for local adaptation through its subsidiary Creatist Media.

Product overview

TV Thunder Public Company Limited is a Thai television production company established in 1993 that operates as a diversified entertainment company. The portfolio includes: (1) TV Programs - variety shows, reality competitions, dating shows, and talk shows such as Take Me Out Thailand and Show Me The Money Thailand; (2) Dramas - Thai series broadcast on platforms like WeTV, POPS, AIS PLAY, and Thai PBS including Manner of Death and Paint with Love; (3) Thunder Publishing - book publishing producing philosophy and life wisdom books; (4) Studio Services - production studios including The Intelligent Studio (360 green screen virtual studio with Aximmetry), TVT Green Park Studio (near Suvarnabhumi Airport), and Thunder Studio (city center); and (5) Virtual Services - 360 Virtual Exhibition and Virtual Live Event production. The company also manages artist talent and event organization services.

Differentiator

Problem solved

Functional benefit

Brands

• The Intelligent Studio: Virtual studio offering 360-degree green screen rental services for virtual events, live seminars, music videos, and advertising productions using Aximmetry tracking technology
• TVT Green Park Studio
• Thunder Studio
• Creatist Media

Products and services

• TV Program Production Production of variety shows, reality competitions, dating shows, and talk shows such as Take Me Out Thailand, Show Me The Money Thailand, and Masterkey, distributed to Thai TV channels and streaming platforms.
• Drama Series Production Production of Thai drama series broadcast on platforms like WeTV, POPS, AIS PLAY, and Thai PBS including Manner of Death, Paint with Love, and JUNK MAIL.
• The Intelligent Studio (Virtual Studio Rental) 360-degree green screen virtual studio rental service for virtual events, live seminars, music videos, and advertising production using Aximmetry tracking technology.
• TVT Green Park Studio Rental Three professional production studios near Suvarnabhumi Airport with full amenities and soundproofing, suitable for TV shows, commercials, films, events, and photography production.
• Thunder Studio Rental Two production studios located in city center with professional equipment rental including LED screens, mobile stages, lighting, cranes, and dollies.
• Thunder Publishing Book publishing division producing philosophy and life wisdom books based on the experiences and perspectives of Thai TV pioneers.
• International Format Licensing (Creatist Media) Licensing of international TV formats (such as Take Me Out from Fremantle Media) for local Thai production through subsidiary Creatist Media, including shows like Take Me Out Thailand, Hidden Singer Thailand, and La Banda Thailand.
• Virtual Live Event Production Virtual live event production with themed design and interactive features for hosts and guests, supporting online events and live virtual programming.
• Thunder Organizer (Event Organization) Entertainment production and event organizing services through wholly-owned subsidiary Thunder Organizer, supporting live events and entertainment activities.
• TVT Artist Management Artist management services through wholly-owned subsidiary TVT Artist Management, managing talent associated with TV Thunder's productions.

Named customers8 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature3 records

Partnerships

Three partnerships are on record, tiered core.

• Creatist MediacoreOthersSubsidiary company that acquires international format licenses (International Format) from abroad and produces local Thai versions of popular shows like Take Me Out Thailand, Dance Your Fat Off, Hidden Singer Thailand, La Banda Thailand. Specializes in reality shows that give ordinary people opportunities to showcase talents.
• Fremantle MediacoreOthersGlobal production company that owns the international format rights to Take Me Out (เทค มี เอาท์). TV Thunder holds the license and produces the Thai version under their management.
• Green Park Studio BangkokcoreTechnology or IntegrationStudio facility partner offering professional production studios with 3 large-scale studios. TVT Greenpark Studio 1: 24m width x 32m length x 12m height. Studio 2: 32m width. Studio 3: 40m length. Located 15 minutes from Suvarnabhumi Airport.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Workpoint Entertainment: Leading Thai TV production company producing game shows, reality shows, and dramas. Directly comparable to TV Thunder's portfolio of variety and reality programming serving the same Thai broadcasters and audience.
• Hub Ho Hin (Hua Hin Broadcasting): Thai commercial broadcaster producing entertainment content. Comparable Thai-market TV production focus with similar distributor relationships.
• RS Public Company: Thai entertainment company producing TV content, music, and managing artists. Similar horizontal entertainment model combining artist management with TV production for Thai broadcasters.
• Mono Technology: Thai content producer and broadcaster (Mono 29) producing TV dramas and entertainment content. Comparable scale and customer base in Thai-language drama production for free-TV and digital platforms.
• GDH (GMM Grammy - Hub Ho Hin Joint Venture): Joint venture between GMM Grammy and Hub Ho Hin producing theatrical films and TV content in Thailand. Comparable Thai-language content production for major broadcasters and platforms.
• Kantana Group: Long-established Thai TV drama and film production company with strong post-production capabilities. Direct competitor in Thai drama series production for broadcast and streaming platforms.

Emerging players

• JKN Global Group: Thai content distribution and production company with international content rights. Overlapping content licensing business and Thai-market distribution focus.

Broad incumbents

• True Corporation: Thai telecom and media conglomerate operating True4U channel and TrueVisions platform. A key customer-distributor for Thai content producers including TV Thunder, with in-house production capabilities.
• BEC World: Operator of Thailand's Channel 3, the country's largest commercial broadcaster, with significant in-house production. Both produce Thai-language TV content at scale for major broadcasters, though BEC also owns the distribution channel.
• GMM Grammy: Thailand's largest entertainment conglomerate spanning music, TV production, and artist management. Comparable diversified entertainment model with TV program and drama production overlapping TV Thunder's core business.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/tvtofficial_
• YouTubeyoutube.com/TVThunderOfficial
• Facebookfacebook.com/tvthunderofficial
• Instagraminstagram.com/tvthunderofficial/?hl=th
• TikToktiktok.com/@tvthunderofficial
• LinkedInlinkedin.com/company/tv-thunder-public-co-ltd

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TV Thunder Public Company Limited