Hong Kong / Bangkok – STAR, TrueVisions and GMM Media have formed a three-party joint venture in CHANNEL [V] Thailand, a music and youth entertainment channel targeting the Thai youth market. STAR will hold a 49% stake, while Thai pay-TV operator TrueVisions and Thai-based multi-media group GMM Media take 26% and 25% respectively. The channel’s previous partner, Live Incorporation Public Company divested its share.