STAR, TrueVisions and GMM Media have announced a three-party joint venture for CHANNEL V Thailand, a leading music and youth entertainment channel targeted at Thailand's youth market. STAR will hold a 49 per cent stake in the joint venture while TrueVisions, Thailand's leading pay-TV operator, and GMM Media, Thailand's leading multi-media group, will hold 26 per cent and 25 per cent respectively.

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