BEC World, the operator of Thailand‘s Channel 3, is embarking on transformation to become a leading content provider and expand its revenue streams in the digital content platform and global content licensing sectors. Surin Krittayaphongphun, president of TV business and executive director at BEC World, said this strategic move aims to ensure the company’s survival and sustainable growth in the face of changing consumer behaviour and the digital disruption era.
Currently, the company’s revenue from its TV business contributes 85-88% of the total revenue, but this is predicted to decrease to 70% within the next five years. To counter this, BEC World plans to grow its revenue from global content licensing, artist management, movie and music content. The digital content platform business and global content licensing are expected to account for 15-25% of the…
