Zinc Media Group Plc · LSE:ZIN
Zinc Media — Investor Presentation (November 2020)
20 slides from Zinc Media's investor presentation, November 2020
Slide 1: Zinc Media Group plc November 2020
Zinc Media Group plc November 2020 Commercial in confidence © Zinc Media Group Plc 2020 1
Slide 2: Disclaimer
Disclaimer This document, has been prepared by and is the sole responsibility of Zinc Media Group plc (the “Company”), comprises these presentation slides (the “Slides”) for the sole use at a presentation concerning the Company. The information in these Slides does not comprise an admission document
Slide 3: Executive Summary
Executive Summary • Transformation plan complete which positions Zinc for profit and cash generation on Covid recovery • Management team, with demonstrable track-record of successful turnarounds, have completed phase 1 of transformation plan • Loss making businesses closed (£0.6m improvement), TV Ma
Slide 4: Management Team & Background
Management Team & Background Commercial in confidence © Zinc Media Group Plc 2020 4
Slide 5: Executive Management Team
Executive Management Team Mark Browning – Chief Executive Officer • Heart (2001-2009): turnaround from no.4 to ITN Productions' growth story sustained no.1. Chrysalis plc sold for £170m • ITN Productions (2009-2019): turnaround Mark was Group MD and Will Finance Director from loss to profit making,
Slide 6: Zinc Media Group plc today
Zinc Media Group plc today Commercial in confidence © Zinc Media Group Plc 2020 6
Slide 7: Zinc: a content creation group
Zinc: a content creation group TV Branded Video Publishing Content Marketing Shared customers & propositions Shared video production & editing workflows Commercial in confidence © Zinc Media Group Plc 2020 7
Slide 8: Blue-chip customers, prestigious awards
Blue-chip customers, prestigious awards Awards: BAFTA, Grierson, Peabody, New York Festival, EVCOM, Independent Production Company Of The Year; Emmy nominations
Slide 9: Zinc TV programme examples
Zinc TV programme examples Commercial in confidence © Zinc Media Group Plc 2020 9
Slide 10: Zinc Communicate
Zinc Communicate Harnessing TV expertise for brands, agencies, media owners & rights holders Branded Video Publishing Content Marketing • Branded entertainment partnerships • Video production for national • Digital and Magazine publishing • Short form digital first content partners and clients • Adv
Slide 11: Zinc's transformation in last 12 months
Zinc’s transformation in last 12 months Commercial in confidence © Zinc Media Group Plc 2020 11
Slide 12: Phase 1 of transformation plan complete
Phase 1 of transformation plan complete All critical elements of the transformation plan, aimed at delivering future profitability & cash generation, are complete TV gross margins are currently tracking 6% higher compared to 2018/19, an equivalent of £0.7m Gross margins up 6% of retained margin on l
Slide 13: New Zinc TV London hires
New Zinc TV London hires • Tom Edwards – Creative Director, Red Sauce • Sefunmi Olatunbosun – Development producer, Red Sauce • Greg Sanderson – MD of London TV • Katie O’Callaghan – Human Resources Director • Dominic De Terville – Branded Content Director • Ben Smith – Executive Producer, Red Sauce
Slide 14: New Post Production Facility New London HQ
New Post Production Facility 24 edits suites & 1 audio studio New London HQ Fit for purpose as a selling venue and excellent creative collaboration space
Slide 15: Market & outlook
Market & outlook Commercial in confidence © Zinc Media Group Plc 2020 15
Slide 16: TV Market Opportunity
TV Market Opportunity Price per hour High Cost Drama Low Cost Drama ▪ Series ▪ Feature Films Premium Drama ▪ Comedy Factual Documentary ▪ Sitcoms ▪ Documentaries ▪ Kids Historical Zinc ▪ Natural history Factual ▪ Big history Entertainment ▪ Big science Factual ▪ Formats & ▪ Specialist Reality News /
Slide 17: TV Market Opportunity: Zinc's TV labels have room to grow
TV Market Opportunity: Zinc’s TV labels have room to grow and market ripe for consolidation UK Independent Production Company Revenue £m UK Independent TV Group Revenue £m 220 1 All3Media 486 2 Endemol Shine 480 3 Freemantle 163 4 Endeavor 114 5 Tinopolis Group 105 Zinc 6 Sky Vision 89 Media 100 7 A
Slide 18: Market demand is primed to return
Market demand is primed to return It’s presented a huge amount of opportunity for Channel 4’s spend will definitely go up factual and doc makers because next year, drama is massively in 2021 really going to not deliver. So quarter one is really over Alex Mahon, CEO Channel 4, Sept 2020 to factual an
Slide 19: Pipeline for 2021 looks strong with £28m booked
Pipeline for 2021 looks strong with £28m booked, at advanced stage or in engaged discussion Zinc total pipeline 2021 £4.1m booked £11m advanced / highly likely £12.4m in engaged discussion £21m in early discussion Commercial in confidence © Zinc Media Group Plc 2020 19
Slide 20: Summary
Summary • The Group is now correctly structured for profitability and cash generation on Covid recovery • Loss making business closed or restructured • TV margins now at levels needed for profitability • New TV business winners in place • New Zinc Communicate in larger market with business winners i
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