Corus Entertainment Inc. Class B · TSX:CORS
Corus Entertainment Inc. Class B — Investor Presentation (February 2018)
19 slides from Corus Entertainment Inc. Class B's investor presentation, Feb 6, 2018
Slide 1: Investor Presentation
Investor Presentation February 6, 2018
Slide 2: Safe Harbour Disclosure: Forward-looking Information
Safe Harbour Disclosure: Forward‐looking Information 2
Slide 3: Leading Canadian Media and Content Company
Leading Canadian Media and Content Company 9 Great portfolio of assets • Leader in Canadian broadcasting • Powerful brands and content • Valuable audience segments • Globally recognized content business 9 Experienced, focused leadership team 9 Commitment to driving efficiency and cash flow • Improve
Slide 4: Media and Content Powerhouse
Media and Content Powerhouse 4
Slide 5: Deep Relationships with World-Class Partners
Deep Relationships with World‐Class Partners 5
Slide 6: Corus Delivers Coveted Audiences
Corus Delivers Coveted Audiences Corus Specialty television is clearly differentiated, delivering more women in large households with larger basket sizes than any other media company in Canada 65% Women as a % of Adults Women; Small Household Women; Large Household “Single Women” “Moms” 60% 55% 50%
Slide 7: Financial Profile
Financial Profile Fiscal 20171 Total Assets Long‐term Debt Outstanding Class B Shares $6.1 billion $2.1 billion 202.8 million Fiscal 20171 Fiscal 20171 Fiscal 20171 Business Segment Revenues Sources of Revenue Business Segment Profit Other Radio Radio 6% 7% 9% Subscriber 30% Specialty/Conventional S
Slide 8: Current Environment
Current Environment Soft television advertising market with limited visibility • Increase in proportion of last minute bookings • Certain advertising agency commitments for 2017 fell short of expectations • Tough comparables in 2018 with Olympics and FIFA World Cup Regulatory calendar is full, with
Slide 9: Long-Term Strategic Priorities
Long‐Term Strategic Priorities 9
Slide 10: Video-On-Demand is an Emerging Opportunity
Video‐On‐Demand is an Emerging Opportunity • Acquisition of new streaming rights offers increased value to distribution partners and subscribers • Premium Video‐on‐Demand is a new Corus ‘product’ available to distribution partners for eight of the most popular Corus channels • Roll‐out of new techno
Slide 11: Corus Advertising Innovation Roadmap
Corus Advertising Innovation Roadmap • Integration of Audience • Dynamic Ad Insertion (DAI) • Pending launch of Segmentation data into capabilities expected to automated advertising advertiser campaigns is accelerate monetization of purchasing technology gaining traction Video‐on‐Demand / provide in
Slide 12: Strengthened Presence in Local Advertising
Strengthened Presence in Local Advertising hjkn 12
Slide 13: Own and Control More Content
Own and Control More Content Global programming assets created from required Canadian content spending 13
Slide 14: Launch of major properties in 2017/2018 with global broadcasting partners
Launch of major properties in 2017/2018 with global broadcasting partners 14
Slide 15: Extending global presence with expanding slate of lifestyle content
Extending global presence with expanding slate of lifestyle content 15
Slide 16: Corus Delivers Strong Free Cash Flow
Corus Delivers Strong Free Cash Flow Free Cash Flow1 300 • Delivered $293 million in Free Cash Flow in fiscal 2017, with 250 further increases expected in 200 fiscal 2018 Millions ($CDN) 150 • Strong Segment Profit / Free Cash 100 Flow conversion 50 • 2018 Capital Expenditures in the $25 ‐ $30 milli
Slide 17: Fiscal 2018 Financial Priorities
Fiscal 2018 Financial Priorities 1. Maintain focus on delivering strong free cash flow 2. Delever towards 3.0 times net debt to segment profit 3. Invest in targeted areas to advance strategic priorities 4. Maintain dividend of $1.14 per Class B Share Progress ‐ Fiscal 2018 YTD • Announced agreement
Slide 18: Future-Focused Approach
Future‐Focused Approach 9 Focused on advancement of strategic priorities • Audience share gains driven by premium brands and high quality content • Advertising innovation is gaining traction with clients • Strengthened presence in local advertising markets with Radio, News and local Global TV • Expa
Slide 19: Q&A
Q&A
Corus Entertainment — Investor Presentation (February 2018) on 6ix