Pt Visi Media Asia Tbk Class A · IDX:VIVA
Pt Visi Media Asia Tbk Class A — Investor Presentation (December 2017)
43 slides from Pt Visi Media Asia Tbk Class A's investor presentation, Dec 13, 2017
Slide 1: VIVA Group Corporate Presentation
VIVA Group Corporate Presentation November 2017
Slide 2: Agenda
Agenda 1 Our Company 2 Industry Overview 3 Our Performance 4 ANTV 5 tvOne 6 Our Digital 2
Slide 3: VIVA Corporate Structure, lean and focused on core businesses
VIVA Corporate Structure, lean and focused on core businesses >175M TV Audience (PT Visi Media Asia Tbk.) Free-To-Air (FTA) TV New media (Online) >70% Content produced in-house (PT Intermedia Capital Tbk.) (PT Lativi Mediakarya) (PT Viva Media Baru) #1 News and Sport TV Leading digital multiplatform
Slide 4: Industry Overview
INDUSTRY OVERVIEW
Slide 5: Indonesia's demography: Female, young, rapidly growing middle class
Indonesia’s demography: Female, young, rapidly growing middle class Social Economic Classification Male (SEC) Female 78,5% 2016 2017 51.4 48.6 Upper 1 Upper 2 Middle 1 Middle 2 Lower Age 2016 2017 2016 2017 Female 51.2 51.4 Male 48.8 48.6 5-9 10-14 15-24 25-34 35-44 45-54 55+ Source: 1 Jan - 30 Nov
Slide 6: Media industry advertising expenditure has increased by 53% during 2011-2016
Media industry advertising expenditure has increased by 53% during 2011- 2016, still growing and FTA TV remain as the dominant media platform Industry Landscape by Media Partners Asia April 2017 (USD mn) 3,500 5%* 5%* 6%* 3,019 2,874 3,000 7%* 2,729 7%* 2,540 8%* 2,500 -3%* 2,336 9%* 11%* 2,132 1,98
Slide 7: VIVA FTA TV stations focused, specific, targeted and successful
VIVA FTA TV stations focused, specific, targeted and successful Audience Profile by Index VIVA MNC EMTEK TRANS CORP MEDIA Target Audience ANTV TVONE RCTI GTV MNCTV SCTV IVM TRANS TRANS7 METRO Male 112 Gender Female 121 5-9 115 10-14 105 15-24 Age 25-34 35-44 119 45-54 106 156 55+ 110 193 Upper 1 Upp
Slide 8: Our Performance
OUR PERFORMANCE
Slide 9: VIVA is the fastest growing media group, increased TV Share by 92%
VIVA is the fastest growing media group by far, increased TV Share by 92% since 2011, top gainer from Jan-Nov 2016 to Jan-Nov 2017 MEDIA GROUP SHARE ENTERTAINMENT TV NEWS TV PERFORMANCE 2011 – November 2017 ANTV 15.1 TVONE 4.0 RCTI 15.1 METRO 1.6 SCTV 13.0 KOMPASTV 1.4 40 INEWS 1.3 IVM 11.5 MNCTV 9.
Slide 10: Moderate 9M17 revenue growth of 7.4% YoY was more than double competitors
Moderate 9M17 revenue growth of 7.4% YoY was still more than double growth of competitors Revenue Contribution Prime Time (PT) vs. Non- Prime Time (NPT) (IDR bn) 9M16 9M17 3,000 PT 36.0% 37.3% 2,685.7 ANTV NPT 64.0% 62.7% 2,500 2,272.7 7.4% PT 34.5% 33.5% tvOne 2,108.7 NPT 65.5% 66.5% 2,000 1,939.5
Slide 11: Programming & Broadcasting cost controlled at 30-34% of revenues
Programming & Broadcasting (PB) cost has risen in-line with Tier 1 status, however, VIVA is able to control PB cost to revenues at 30-34% (IDR bn) % PB Cost to revenue VIVA vs. Peers 1,200 35% (%) 32.0% 9M16 9M17 31.2% 30.7% 30.8% 29.6% VIVA 30.8% 29.6% 30% 1,000 MNCN 42.0% 37.2% 23.1% 824.5 25% SCM
Slide 12: Tight cost management led to 8% YoY increase in EBITDA
Tight cost management softened moderate 9M17 revenue growth, leading to 8% YoY increase in EBITDA (IDR bn) 9M 2016 9M 2017 Y-o-Y (%) Revenue 1,805.8 1,939.5 7.4% PB Cost 555.5 573.3 3.2% Op Expense 721.8 795.3 10.2% Depreciation 76.5 72.7 -5.0% EBITDA 528.5 570.9 8.0% EBITDA Margin (%) 29.3% 29.4% N
Slide 13: ANTV
ANTV
Slide 14: Strategy #1 - ANTV dominant with the female audience
Strategy #1 - ANTV dominant with the female audience Female ADEX is about 60% of total ADEX in 2015 and is growing in each year INDEX Year Female Male 2010 95 105 2011 96 104 2012 99 101 Female Male 130 2013 102 98 2014* 104 96 2015 111 89 120 2016 125 75 2017** 121 79 110 100 90 80 70 60 May 2017 J
Slide 15: ANTV's average TV Share in 2017 of 15.1% ranks #1
ANTV’s average TV Share in 2017 of 15.1% ranks #1 amongst FTA TV stations 15.1 YTD ANTV’s share performance 14.0 ANTV 1.8 15.1 RCTI 1.8 15.1 11.4 SCTV 1.6 13.0 11.2 IVM 1.4 11.5 Share (%) MNCTV 1.2 9.8 TRANS7 0.9 7.0 TRANS 0.7 5.7 7.2 6.9 6.7 GTV 0.6 5.2 TVONE 0.5 4.0 6.1 6.1 5.4 5.5 5.6 NET 0.4 3.5
Slide 16: At ANTV we treat every daypart as a Prime Time
At ANTV we treat every daypart as a Prime Time TVS % At ANTV we treat every daypart as a Prime Time 03.30 – 04.59 (MF 25-34 UPPER) News Slot Selamat Pagi Nusantara #1 05.00 – 07.29 Morning Slot (KIDS 5-14) Animation #2 07.30 – 13.59 Local Series Slot (FEMALE 25+) Jodoh Wasiat Bapak(RR), Malaikat Tak
Slide 17: The Winning combination of local and outstanding foreign content
“The Winning” combination of local and outstanding foreign content LOCAL SERIES FOREIGN SERIES ENTERTAINMENT MORNING NEWS & SPORT PROGRAMS PROGRAMS PROGRAMS ANIMATION PROGRAMS
Slide 18: Bringing the stars closer to the audience develops brand loyalty
Bringing the stars closer to the audience develops brand loyalty Meet & Greet Veera Ketemu Uttaran Meet & Greet Lonceng Cinta Meet & Greet Thapki (All People) (All People) (All People) (All People) ANTV 2.1 ANTV 2.2 ANTV 2.4 ANTV 2.9 SCTV 1.8 TRANS7 1.7 RCTI 1.7 RCTI 1.9 MNCTV 1.7 RCTI 1.7 TRANS7 1.
Slide 19: Building ties with audience by extending stars into local shows
Building ties with audience by extending stars into local shows Cinta Di Langit Taj Mahal 1 & 2 Roro Jonggrang Malaikat Kecil Dari India Mahabharata: Jodha Akbar: Jodha Akbar: Veera: Uttaran: Shaheer Sheikh Ravi Bhatia Ravi Bhatia Bhavesh Balchandani Vaishali Thakkar Harshita Ojha 2017 19
Slide 20: ANTV's signature shows are linked to our drama series
ANTV’s signature shows are linked to our drama series 20
Slide 21: New Programs for ANTV 2017
New Programs for ANTV 2017 ANIMATION INDIAN SERIES Swaragini Kasam Swabhiman Ishqbaaz Shani Ek Tha Raja Ek Thi Rani Ek Hasina Thi 21
Slide 22: ANTV #10 Most Creative Company 2017
ANTV #10 Most Creative Company 2017 PT CAKRAWALA ANDALAS TELEVISI (ANTV) Repositioning the television station to focus on Female Segment #1 Most Creative Company (MEDIA) #10 Most Creative Company 22
Slide 23: ANTV wins Employer of Choice 2017
ANTV wins Employer of Choice 2017 TOP 3 EMPLOYERS OF CHOICE 2017 Based on terhadap Employee Effectiveness Index survey by Korn Ferry 23
Slide 24: tvOne
TVONE
Slide 25: tvOne #1 News and Sport FTA TV
tvOne #1 News and Sport FTA TV NEWS TV AUDIENCE SHARE Jan—Oct 2017 ; TA 15+UM1, 11 Cities 4.3 2.1 1.7 1.5 TVONE METRO KOMPAS INEWS Source: Nielsen - 11 Cities; Share; 15+ UpperMiddle1; 1 Jan–30 Nov 2017
Slide 26: tvOne #1 for Breaking News Always
tvOne #1 for Breaking News “Always” Choose Jakarta Leader Bomb in Kampung Melayu Ahok Trial Special News Rakyat Memilih Special News Ahok Verdict Breaking News Breaking News 24 May ‘17 Breaking News 16 Apr ‘17 3 Jan ‘17 08:30-09:30 15 Feb ‘17 06:30-23:00 9 May ‘17 07:00-14:00 22:00-02:30 07:00-20:30
Slide 27: tvOne the #1 source for global coverage by International media
tvOne the #1 source for global coverage by International media
Slide 28: tvOne #1 Primetime News Program
tvOne #1 Primetime News Program PRIME TIME NEWS PROGRAM REACH 000s 1,748 1,538 1,467 1,339 1,287 KABAR PETANG SEPUTAR LIPUTAN 6 LINTAS PETANG KABAR HARI - TVONE INEWS - RCTI PETANG - SCTV - MNCTV INI(F04) - TVONE Source: Nielsen 11 Cities; Jan 1 – Nov 30, 2017; 15+ UpperMiddle1; 17:00—22:30 28
Slide 29: tvOne #1 Talk Show Programs to supplement leading news coverage
tvOne #1 Talk Show Programs to supplement leading news coverage 1.3 0.9 0.8 0.8 0.7 0.6 0.6 0.6 0.5 0.5 LAWYERS LAWYERS KARNI ILYAS APA KABAR NAJWA(F05) - KARNI ILYAS RAKYAT(F05) BENANG DUA SISI - WAWANCAR MERAH - WAWANCAR INDONESIA CLUB(R) - BLAK-BLA - TVONE KAPOLRI & PRESIDEN A KHUSUS A KHUSUS TVO
Slide 30: tvOne #1 Fight Sport Programs
tvOne #1 Fight Sport Programs TOP LIVE WORLD BOXING ONE PRIDE MMA (AUDIENCE SHARE) (MILLION REACH*) 17.7 One Pride 15.6 15.5 UFC-INEWSTV 11.8 11.2 2.92 10.8 2.70 2.70 2.58 Pacquiao vs Ward vs Wilder vs Garcia vs Mosley vs Mayweather Vargas Barrera Szpilka Guerrero Avanesyan vs McGregor 06/11/2016 27
Slide 31: The Phenomenal Fight
The Phenomenal Fight TVONE 15.5 ANTV 13.2 RCTI 12.5 SCTV 11.8 MNCTV 11.0 IVM 10.8 TRANS7 6.9 TRANS 5.5 NET 3.7 GTV 2.6 INEWSTV 1.1 METRO 1.0 RTV 0.9 KOMPAST V 0.9 Source: Nielsen - 11 Cities; Share; 27 Aug 2017; 08:30—12:21; 15+ UpperMiddle1
Slide 32: Liga 1 & Liga 2 serves as a share booster for tvOne
Liga 1 & Liga 2 serves as a share booster for tvOne TVS TVS LIGA 1 ALL MATCH 14,7 11,1 201 TVR 2,7 TVR 1,5 LIGA 2 98 299 RCTI 15.3 TVONE 14.7 ANTV 11.7 SCTV 11.3 IVM 10.3 TRANS7 7.6 MNCTV 7.2 GTV 4.1 TRANS 3.9 RTV 3.6 NET 3.1 METRO 1.9 KOMPASTV 1.7 INEWSTV 1.1 Slot Competition TVONE on Liga 1 Nielse
Slide 33: Our Digital
OUR DIGITAL
Slide 34: Launching new channels and microsites constantly evolving
Launching new channels and microsites constantly evolving Web Mobile Web Mobile Platform Platform Application 34
Slide 35: Over 26 million social media followers
Over 26 million social media followers 98.4 K 5.9 M 884.5 K likes likes likes 539.3K 166.3 K 1.5 M followers subscribers followers 216.3 K 39.3 K 9.1 M subscribers subscribers followers 4.1 M 5.9 M followers 214.1 K followers followers 1.0 M 132.0 K followers followers 3.4 K 1.7 K followers subscrib
Slide 36: Viva.co.id Portal generated 108 Mio Monthly Pageviews
Viva.co.id Portal generated 108 Mio Monthly (avg) Pageviews and 16 Mio Monthly (avg) Unique Visitors 02:78 16 MIO 108 MIO 39 MIO average time/ Unique Visitors Page Views Visits visit 2.79 Page views/ visit 10 MIO 24 MIO 5 MIO Desktop Site Mobile Site Mobile App Visit Visit Visit Source: Google Analy
Slide 37: VIVA App is a mobile app that holds a bouquet content of VIVA group
VIVA App is a mobile app that holds a bouquet content of VIVA group (articles, live stream & VOD) 1.371.596 DOWNLOAD (per 30 Nov 2017) 20.7 MN SCREEN VIEW (avg/mo) 1 MN VIDEO VIEW (avg/mo) LIVE STREAMING Pesbukers, Bollyvaganza,News, ILC, Liga Indonesia, One Pride MMA, 100, Damai Indonesiaku VIDEO O
Slide 38: Watch live broadcast and video-on demand of programs from tvOne
Watch live broadcast and video-on demand of many exceptional program from tvOne WATCH & CONNECT 590.69K DOWNLOAD 11.5 MN SCREEN VIEW (avg/mo) 1.3 MN VIDEO VIEW (avg/mo) LIVE STREAMING News, ILC, Liga Indonesia, One Pride MMA, Super Family 100, Damai Indonesiaku VIDEO ON DEMAND News, ILC, Liga Indone
Slide 39: Our Digital Products aim to fill the gap of Youth
Our Digital Products aim to fill the gap of Youth • VIVA Group FTA Business Unit is very effective on Age Segment Above 35 + • Through Digital Initiatives, VIVA Media Group extending reach into youth segment while preparing the FTA business unit for potential future audience Digital reach AGE INDEX
Slide 40: Thank you
viva Thank you A Group member of viva fant] Viva so
Slide 41: Appendix
APPENDIX
Slide 42: Summary P&L
Summary P&L (Rp bn) 2011 2012 2013 2014 2015 2016 Revenue 999 1,253 1,690 2,273 2,109 2,686 Growth (%) 11.9% 25.4% 34.9% 34.5% -7.2% 27.4% Programming and Broadcasting Cost (282) (429) (391) (709) (674) (825) Growth (%) -18% 52% -9% 81% -5% 22% G&A Expense (482) (498) (645) (698) (806) (1,003) EBIT
Slide 43: Media penetration, TV & internet simultaneous consumption
Media penetration, TV & internet simultaneous consumption 96%, our strategy is to operate in both platforms Simultaneous Media Consumption 2012 2016 45% 96% 96% 94% 95% 95% 96% 20% 9% 44% 41% 37% 33% 30% 25% 21% 19% 16% 17% 14% 13% 14% 13% 12% 12% 7% 8% 8% 5% 5% 4% 3% 2% 2% TV Internet Radio Newspap
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