Sports Entertainment Group Limited · ASX:SEG
Sports Entertainment — Investor Presentation (September 2018)
35 slides from Sports Entertainment's investor presentation, Sep 28, 2018
Slide 1: ASX Announcement: Investor Presentation September 2018
ASX Announcement 28 September 2018 The Manager Company Announcements Office Australian Stock Exchange Limited Level 4, 20 Bridge Street SYDNEY NSW 2000 Re: INVESTOR PRESENTATION – SEPTEMBER 2018 Pacific Star Network Limited (PNW) is pleased to provide this investor presentation. The presentation inc
Slide 2: Investor Presentation September 2018
[ DRAFT ] Investor Presentation September 2018
Slide 3: Agenda
Agenda. [ DRAFT ] Business Overview Operational Review FY18 Financial Results Outlook Key Personnel 1
Slide 4: Business Overview
Pacific Star Network Business Overview
Slide 5: Overview
Overview. [ DRAFT ] We are a sports media and entertainment business connecting brands to fans with highly engaging content over multiple media platforms and focused on our ‘Whole of Sport’ strategy We are building our ‘Whole of Sport’ offering for audiences and national brand partners led by a focu
Slide 6: Business Model
Business Model. [ DRAFT ] We invest in content and media distribution platforms, to connect our brand partners with relevant audiences, driving advertising based revenues We distribute our We invest in ‘content We create exclusive We connect our content over multiple enablers’ content brand partners
Slide 7: Content Enablers: Sport Broadcast Rights
Content Enablers: Sport Broadcast Rights [ DRAFT ] We have a track record of successfully developing, managing and monetising multi-year commercial radio broadcasting rights with premier Australian and international sporting codes Australian Football League (AFL): 2017 – 2022 season over regional ra
Slide 8: Content Enablers: Sport Broadcast Rights
Content Enablers: Sport Broadcast Rights [ DRAFT ] We will engage with other premier Australian and international sporting codes for additional multi-year broadcast rights partnerships to expand our ‘Whole of Sport’ offering Melbourne United: radio broadcasting of all home, away and finals games (ex
Slide 9: Content Enablers: Talent and Production Infrastructure
Content Enablers: Talent and Production [ DRAFT ] Infrastructure Our unique and exclusive content is supported by an investment in high profile talent and state-of-the-art production infrastructure We source high profile sport and entertainment talent with expertise, charisma and strong metropolitan
Slide 10: Exclusive Content
Exclusive Content. [ DRAFT ] We leverage our ‘content enablers’ to produce unique, highly engaging and exclusive content that has a genuine connection with our audiences, suitable for multiple media platforms We produce 41 radio shows and over 650 hours of radio content weekly - Live broadcasting of
Slide 11: Distribution Platforms
Distribution Platforms. [ DRAFT ] Our content distribution strategy is radio-led and comprises owned platforms and broadcast partners’ networks We own two Melbourne based AM commercial broadcasting licenses - 1116 SEN: Melbourne’s ‘Home of Sport’ with 24/7 sports content on 1116 kHz AM - SEN+: drive
Slide 12: Distribution Platforms: Print, Television, In-Stadium and Online
Distribution Platforms: Print, Television, In- [ DRAFT ] Stadium and Online We supplement our radio-led content distribution strategy with other media platforms including print, television, in-stadium and online Our print distribution represents our recently acquired AFL Publishing business, respons
Slide 13: Connecting Brands to Fans
Connecting Brands to Fans. [ DRAFT ] Our business model is predominantly focused on generating advertising-based revenues by delivering our national brand partners’ stories to our metropolitan and regional audiences National top-tier brands are our starting point and connecting them to relevant regi
Slide 14: Complementary Services
Complementary Services. [ DRAFT ] Our ‘Whole of Sport’ offering is rounded out with complementary events and entertainment services to extend the reach of brands to fans Talent Events Creative TV Production Management Services Boutique and Exclusive access Boutique creative Dedicated TV exclusive fo
Slide 15: Operational Review
Pacific Star Network Operational Review
Slide 16: Crocmedia Merger: Rationale
Crocmedia Merger: Rationale [ DRAFT ] We successfully completed the merger with Crocmedia on 29 March 2018 Expanded our ‘content enablers’ including multi-year sports broadcast rights, high profile talent and production infrastructure - further expanding our exclusive content offering Enlarged our d
Slide 17: Crocmedia Merger: Accelerated Synergies
Crocmedia Merger: Accelerated Synergies [ DRAFT ] Accelerated integration initiatives have resulted in implementation of merger cost synergies within three months of completion, well ahead of plan Accelerated implementation of $3.0 million in identified cost synergies, effective 31 August 2018, was
Slide 18: Revenue Initiative: Expanded Multi-year Radio Broadcast Rights Partnerships
Revenue Initiative: Expanded Multi-year [ DRAFT ] Radio Broadcast Rights Partnerships We are well placed to expand our ‘Whole of Sport’ offering and pursue multi-year broadcast partnerships with other premier Australian and international sporting codes In 2018 we expanded our commercial radio broadc
Slide 19: Revenue Initiative: Broadcasting Live Sport Events
Revenue Initiative: Broadcasting Live Sport [ DRAFT ] Events We expanded into live commercial radio and television broadcasting of high profile premier Australian and international sporting events Crocmedia appointed Gerard Whateley as Chief Sports Caller in January 2018, supporting the expansion in
Slide 20: Revenue Initiative: Launch of SEN+
Revenue Initiative: Launch of SEN+ [ DRAFT ] We launched SEN+ on our second radio platform 1377 kHz AM, to drive an additional live sports agenda and leverage existing radio broadcast rights and content partnerships SEN+ features almost exclusively sports content, including: - dedicated VFL calls -
Slide 21: Revenue Initiative: Expanded In-stadium Presence
Revenue Initiative: Expanded In-stadium [ DRAFT ] Presence We expanded our in-stadium inventory at major sporting stadiums across Australia In order to increase our reach, we have invested heavily in club, stadium and other related assets around a series of venues across the country All of these ass
Slide 22: Strategic Investment: AFL Publishing
Strategic Investment: AFL Publishing [ DRAFT ] We have acquired the AFL Publishing business, responsible for numerous football publications, including the iconic AFL Record - the official match program for more than 100 years The AFL Publishing business is responsible for publication of the iconic A
Slide 23: Strategic Investment: AFL Publishing
Strategic Investment: AFL Publishing [ DRAFT ] Australia’s Oldest Sporting Publication LONG STANDING HISTORY YEAR-ROUND PUBLICATION CIRCULATION •106 years of production •198 Home & Away editions •Average weekly produced each year circulation of 35,000 •Renowned reputation copies per week as part of
Slide 24: Strategic Investment: Melbourne United
Strategic Investment: Melbourne United [ DRAFT ] We have acquired of a 25% shareholding in Australia’s premier National Basketball League club, Melbourne United The acquisition gives us greater access to brands and products and this partnership was secured prior to the NBL national television expans
Slide 25: Strategic Investment: Melbourne United Key Statistics
Strategic Investment: Melbourne United [ DRAFT ] Key Statistics 23
Slide 26: Strategic Divestment: Morrison Media
Strategic Divestment: Morrison Media [ DRAFT ] We divested our non-sport publishing business, Morrison Media, following a strategic review of our publishing assets and related opportunities Morrison Media was responsible for non-sport related publications including Frankie Magazine and Smith Journal
Slide 27: FY18 Financial Summary
[ DRAFT ] FY18 Financial Summary
Slide 28: FY18 Financials
FY18 Financials. [ DRAFT ] Reported results comprise a 12-month PNW and three-month Crocmedia contribution, partial realisation of merger cost synergies and investment in organic revenue growth initiatives Reported FY18 Pro forma Pro forma ‘Run Rate’: ($ million)1 FY18 FY17 'Run Rate' - assumes full
Slide 29: Outlook
Pacific Star Network Outlook
Slide 30: FY19 Outlook
FY19 Outlook. [ DRAFT ] Revenue growth is expected to outpace cost growth, supported by the monetisation of organic revenue growth initiatives and return from strategic investments FY18 FY19 ($ million) Pro forma Run Rate Guidance FY19 Underlying EBITDA guidance of $9.1 million up from $8.0 million
Slide 31: FY19 Funding Position
FY19 Funding Position. [ DRAFT ] We are well funded and continue to actively assess opportunities to expand our radio, regional and sport-led ‘Whole of Sport’ offering – which would be incremental to FY19 guidance Net debt as at 30 June 2018 was $0.5 million Subsequent to FY18 we have made two strat
Slide 32: Key Management Personnel
[ DRAFT ] Key Management Personnel
Slide 33: Board of Directors
Board of Directors. [ DRAFT ] Pacific Star Network is led by an experienced Board and executive management team Craig Coleman Mr Coleman is Executive Chairman of private and public equities fund manager, Viburnum Chairman Funds Pty Ltd. He is also currently a Director of Bell Financial Group Limited
Slide 34: Key Executives
Key Executives. [ DRAFT ] Pacific Star Network is led by an experienced Board and executive management team Craig Hutchison Co-founded Crocmedia in 2006, the Walkley Award winning journalist’s visionary and Chief Executive Officer entrepreneurial nature has seen the company grow from four staff to o
Slide 35: Disclaimer
[ DRAFT ] Disclaimer THE INFORMATION CONTAINED IN THIS PRESENTATION IS FOR INFORMATION PURPOSES ONLY AND HAS BEEN PREPARED FOR USE IN CONJUNCTION WITH A VERBAL PRESENTATION AND SHOULD BE READ IN THAT CONTEXT. The information contained in this Presentation (Presentation) is not investment or financia
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