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Tuesday, May 14, 2024

JV deal set to enhance prospects for RS Music

Mr Surachai says that the deal would strengthen the music business and have a positive affect for the company’s artists or content overseas.

RS Plc is nearing a joint venture deal with an unnamed international partner as part of the company’s business plan to ramp up its music business unit this year.

Chief executive Surachai Chetchotisak said the deal should generate significant value for the company as a whole and would become a crucial part of advancing RS Music’s potential and business growth domestically and internationally.

“With partners, we are setting up a new joint venture company to expand the integrated music business or allow our partners to invest in RS Group. This will strengthen the music business and has more…

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