Pt Visi Media Asia Tbk Class A · IDX:VIVA
Pt Visi Media Asia Tbk Class A — Investor Presentation (January 2020)
43 slides from Pt Visi Media Asia Tbk Class A's investor presentation, Jan 10, 2020
Slide 1: VIVA Group Corporate Presentation
VIVA Group Corporate Presentation January 2020
Slide 2: Disclaimers
Disclaimers This document has been prepared by PT Visi Media Asia Tbk (“VIVA” or the “Company”) solely for use at its presentation to the stakeholders. By accepting this document, you agree to maintain absolute confidentiality regarding the information disclosed in this document The information cont
Slide 3: Agenda
Agenda 1 Our Company 2 Industry Overview 3 Our Performance 4 ANTV 5 tvOne 6 Our Digital 3
Slide 4: VIVA Corporate Structure, lean and focused on core businesses
VIVA Corporate Structure, lean and focused on core businesses (PT Visi Media Asia Tbk.) Free-To-Air (FTA) TV New media (Online) 89.9% 99.9% 99.0% (PT Intermedia Capital Tbk.) (PT Lativi Mediakarya) (PT Viva Media Baru) #1 News and Sport TV Station Leading digital multiplatform 99.9% for nine consecu
Slide 5: Industry Overview
INDUSTRY OVERVIEW
Slide 6: Indonesia's demography: Female, young, rapidly growing middle class
Indonesia’s demography: Female, young, rapidly growing middle class Social Economic Classification (SEC) Female Male 38.4 40.6 25.6 23.6 17.2 19.2 12.8 8.3 8.3 5.9 UPPER1 UPPER2 MIDDLE1 MIDDLE2 LOWER 53.6 2018 2019 46.4 52% Age 18.919.5 17.9 16.8 15.816.3 15.815.8 2018 2019 12.213.0 9.8 9.5 9.6 9.1
Slide 7: FTA TV remains dominant within the Indonesian Media Advertising Industry
FTA TV remains dominant within the Indonesian Media Advertising Industry (in USD mn) 4,000 3,500 2.0% 2.0% 2.0% 3,000 3.0% 2,861 4.5% 2,738 2.6% 2,613 (0.8%) 2,485 2,500 2,346 2,180 1,984 2,041 2,000 1,500 1,000 1,321 1,360 1,388 1,415 1,444 1,242 1,232 1,264 500 63% 60% 58% 56% 55% 53% 52% 50% 0 20
Slide 8: 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 108 Gender Female 116 5-9 111 10-14 103 15-24 Age 25-34 35-44 102 110 45-54 122 151 55+ 105 204 Upper 1
Slide 9: Our Performance
OUR PERFORMANCE
Slide 10: VIVA is the fastest media group by far, increased TV Share by 35% since 2011
VIVA is the fastest media group by far, increased TV Share by 35% since 2011 MEDIA GROUP SHARE PERFORMANCE 2011 – 2019 ENTERTAINMENT TV SCTV 14.4 40.0 RCTI 13.5 35.0 IVM 12.8 ANTV 10.1 30.0 MNCTV 9.0 TRANS7 7.2 25.0 GTV 7.1 19.0 TRANS 6.6 20.0 17.3 RTV 16.5 3.8 15.8 14.9 NET 2.5 15.0 13.2 9.8 10.7 1
Slide 11: In 9M19 revenues was affected by weak advertising market along with lower TVS
In 9M19 revenues was affected by weak advertising market along with lower TVS Revenue Contribution Prime Time (PT) vs. Non- Prime Time (NPT) (IDR bn) 9M18 9M19 3,500.0 PT 39.5% 44.5% ANTV NPT 60.5% 55.5% 3,000.0 2,775.0 PT 31.3% 36.6% 2,685.7 tvOne 2,400.2 NPT 68.7% 63.4% 2,500.0 2,272.7 2,108.7 1,9
Slide 12: Programming & Broadcasting cost kept under control and remain lowest amongst listed peers
Programming & Broadcasting (PB) cost kept under control and remain lowest amongst listed peers (IDR bn) 45.0% % PB Cost to revenue VIVA vs. Peers 40.8% 41.2% 1,400.0 39.1% 40.0% (%) 9M18 9M19 1,200.0 35.0% VIVA 39.1% 41.2% 31.2% 32.0% 30.7% 32.0% 979.2 MNCN 38.1% 35.8% 1,000.0 30.0% 888.0 824.5 SCMA
Slide 13: Despite tight cost management, EBITDA is under pressure from weak 9M19 revenue
Despite tight cost management, EBITDA is under pressure from weak 9M19 revenue (IDR bn) 9M18 9M19 Y-o-Y (%) Revenue 1,958.1 1,658.8 -15.3% PB Cost (764.9) (684.1) -10.6% Op Expense (919.1) (903.8) -1.7% Depreciation (72.7) (68.0) EBITDA 274.0 70.8 -74.2% EBITDA Margin (%) 14.0% 4.3% Net Income (Loss
Slide 14: ANTV
ANTV
Slide 15: ANTV is dominant with the female audience
ANTV is 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 Female Male 2011 96 104 2012 99 101 130 2013 102 98 2014* 104 96 2015 111 89 120 2016 125 75 2017 121 79 2018 114 86 110 **2019 116 83 100 90 80 70
Slide 16: ANTV's average TV Share 2019 YTD of 10.2% ranks #4 amongst FTA TV stations
ANTV’s average TV Share 2019 YTD of 10.2% ranks #4 amongst FTA TV stations YTD ANTV’s TV Share performance 15.1 14.0 13.6 SCTV 1.7 14.4 RCTI 1.6 13.5 11.4 11.2 TV Share (%) IVM 1.6 12.8 10.1 ANTV 1.2 10.1 MNCTV 1.1 9.0 TRANS7 0.9 7.2 7.2 6.9 6.7 GTV 0.9 7.1 6.1 6.1 TRANS 0.8 6.6 5.5 5.6 5.4 RTV 0.5
Slide 17: At ANTV we treat every daypart as a Prime Time
At ANTV we treat every daypart as a Prime Time Time slot (Target audience) TVS 02.00 – 04.29 Sinema, Foreign Series & News Slot (Male Female 35+ MID1) Jejak Kriminal, Rajapati, Tawakal, Foreign #4 Series 04.30 – 08.29 Morning Slot (Kids 5-14) Animation #1 08.30 – 16.29 Series India Slot (Mom with Ki
Slide 18: The industry consists of mainly Series and Entertainment genres
The industry consists of mainly Series and Entertainment genres … Cumulative TV Share (%) 43.0 Series Entertainment ANAK JALANAN ANUGERAH CINTA CANSU and HAZAL GOPI UTTARAN THAPKI 38.0 CINTA SUCI CINTA YANG HILANG OVJ CINTA BUTA TAKE ME OUT PUTRI YANG DITUKAR DUINIA TERBALIK REALIGI TUKANG BUBUR NAI
Slide 19: ANTV has both genres in its programming portfolio
… ANTV has both genres in its programming portfolio ANTV’s Top Series Program 2016 2017 No Program's name Genre TVR TVS No Program's name Genre TVR TVS 1 UTTARAN Series:Drama 3.9 22.7 1 JODOH WASIAT BAPAK Series:Drama 3.7 16.5 2 LONCENG CINTA Series:Drama 3.2 15.8 2 GOPI Series:Drama 2.9 19.0 3 GOPI
Slide 20: Our foreign programs have done well, and dominate Top Foreign Program performance
Our foreign programs have done well, and dominate Top 10 Foreign Program performance 2016 2017 No. Description (grouped) Channel TVR Share No. Description (grouped) Channel TVR Share 1 UTTARAN ANTV 3.9 22.6 1 GOPI ANTV 2.9 19.0 2 LONCENG CINTA ANTV 3.2 15.8 2 GEET ANTV 2.8 15.8 3 GOPI ANTV 3.1 22.5
Slide 21: ANTV is also gaining increasing TV share on our local series
ANTV is also gaining increasing TV share on our local series No. Program Title Channel Genre/Sub-genre TVR Share 1 SAMUDRA CINTA SCTV Series:Drama 4.2 17.2 2 CINTA SUCI SCTV Series:Drama 4.1 16.3 3 TOP TUKANG OJEK PENGKOLAN RCTI Series:Drama 3.6 16.6 4 CINTA YANG HILANG RCTI Series:Drama 3.6 15.2 5
Slide 22: 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 and SPORT PROGRAMS PROGRAMS PROGRAMS ANIMATION PROGRAMS ANTV brings together a complete portfolio of programs for our targeted viewer segments 22
Slide 23: Bringing the stars closer to the audience develops brand loyalty
Bringing the stars closer to the audience develops brand loyalty Show Spektakuler Meet and Greet Veera Ketemu Uttaran Meet and Greet Meet and Greet Thapki Mahabharata (All People) (All People) Lonceng Cinta (All People) (All People) (All People) 21 Feb 2016 5 Jun 2016 27 Nov 2016 5 Feb 2017 19 Nov 2
Slide 24: 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 and 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 24
Slide 25: ANTV's signature shows are linked to our drama series
ANTV’s signature shows are linked to our drama series 25
Slide 26: tvOne
TVONE
Slide 27: tvOne #1 News and Sport FTA TV
tvOne #1 News and Sport FTA TV NEWS TV AUDIENCE SHARE Jan—Dec 2019 ; TA 15+UM1, 11 Cities 3.7 1.8 1.7 1.7 TVONE METRO KOMPASTV INEWS Source: Nielsen - 11 Cities; Share; 15+ UpperMiddle1; 1 Jan—31 Dec 2019; 4 News Channels 27
Slide 28: tvOne #1 for Breaking News Always
tvOne #1 for Breaking News “Always” Rest in Peace Rest in Peace Presidential Election Isbat Ramadan 1440 Protest in Bawaslu Banten Earthquake Ani Yudhoyono BJ Habibie 17 Apr ‘19 5 May ‘19 22 May ‘19 Magnitude 7.4 SR 2 Jul ‘19 12 Sep ‘19 05:59-23:00 15:00-19:19 06:09-25:32 2 Aug ‘19 20:04-23:30 06:00
Slide 29: tvOne the #1 source for global coverage by International media
tvOne the #1 source for global coverage by International media tvOne’s credibility, quick and in-depth coverage of major news resulted in a strong brand name that is trusted by major international media 29
Slide 30: tvOne Lead on Primetime News Program
tvOne Lead on Primetime News Program PRIME TIME NEWS PROGRAM REACH 000s 2,106 1,452 1,441 1,270 1,257 KABAR PETANG - INEWS MALAM - KABAR UTAMA - INEWS SORE - INEWS TOP NEWS - METRO TVONE INEWS TVONE Source: Nielsen 11 Cities; Jan 1 – Dec 31, 2019; Total Individuals *4 News Channels; Hard News – Excl
Slide 31: tvOne #1 Talk Show Programs to supplement leading news coverage
tvOne #1 Talk Show Programs to supplement leading news coverage TV Rating (%) for leading talk show programs 1.9 1.8 1.7 1.2 1.1 1.0 0.9 0.8 0.8 0.7 LAWYERS CLUB MATA NAJWA - CATATAN - MENUJU LAWYERS DUA SISI - APA KABAR MENUJU INDONESIA INDONESIA - TVONE TRANS7 TVONE ISTANA(F05) - CLUB(R) - TVONE I
Slide 32: tvOne #1 Fight Sport Programs
tvOne #1 Fight Sport Programs TOP LIVE WORLD ONE PRIDE PRO NEVER BOXING QUIT (Audience Reach in 000s) (Audience Share in %) 2017 2018 2019 460 470 480 490 500 510 520 530 540 550 560 0 100 200 300 400 500 600 700 420 440 460 480 500 520 540 560 580 ONE ONE ONE PRIDE 546 PRIDE 560 PRIDE 593 tvOne tvO
Slide 33: Our Digital
OUR DIGITAL
Slide 34: Viva Networks: A multi-brand online media platforms serving multiple interest segments
Viva Networks: A multi-brand online media platforms serving multiple interest segments 34
Slide 35: More than 1.3 billion pageview per year and 28.7 million unique visitors
More than 1.3 billion pageview per year and 28.7 million unique visitors 1.3 576.2 28.7 billion million million TOTAL PAGEVIEW TOTAL VISIT TOTAL UNIQUE VISITOR Source: Google Analytics, Jan-Dec 2019 35
Slide 36: Over 31 million social media followers
Over 31 million social media followers 4.5 M 10.1 M 6.2 M subscribers followers followers 2.3M 4.0 M followers 7.4M subscribers followers 1.2 M followers 1.3 M 648.0 K likes subscribers 1.1 M 373.6 K likes 926.7 K followers followers 159.0 K subscribers *All Social Media Data as of 31 Dec 2019 36
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) 1,419,964 DOWNLOAD (per 31 Dec 2019) 7.55 MN SCREEN VIEW (avg/mo) 3,616,827 VIDEO VIEW (avg/mo) LIVE STREAMING Pesbukers, Bollyvaganza,News, ILC, Liga Indonesia, One Pride MMA, 100, Damai Indonesiaku VI
Slide 38: Watch live broadcast and video-on demand of many exceptional program from tvOne
Watch live broadcast and video-on demand of many exceptional program from tvOne WATCH & CONNECT 1,070,000 DOWNLOAD 5.3 MN SCREEN VIEW (avg/mo) 76 K VIDEO VIEW (avg/mo) LIVE STREAMING News, ILC, Liga Indonesia, One Pride MMA, Super Family 100, Damai Indonesiaku VIDEO ON DEMAND News, ILC, Liga Indones
Slide 39: Our Digital Products aim to fill the gap of Youth
Our Digital Products aim to fill the gap of Youth DIGITAL REACH AGE 18-24 25-34 35-44 45-54 55-64 66+ AGE 18-24 25-34 35-44 45-54 55-64 66+ % 17.6% 37.0% 17.5% 12.4% 9.2% 6.3% % 6.0% 14.9% 16.3% 19.5% 23.6% 19.7% AGE INDEX AGE INDEX 5-9 111 5-9 49 10-14 103 10-14 62 15-24 80 15-24 60 New New target
Slide 40: Thank you
viva Thank you A Group member of viva jantv} VIVA cous 40
Slide 41: Appendix
APPENDIX
Slide 42: Consolidated Financial Statement Profit and Loss 2012-2018 (Audited)
Consolidated Financial Statement Profit and Loss 2012-2018 (Audited) (IDR bn) 2012A 2013A 2014A 2015A 2016A 2017A 2018A Revenue 1,241.4 1,674.4 2,272.7 2,108.7 2,685.7 2,775.0 2,400.2 Revenue Growth (%) 25.1% 34.9% 35.7% -7.2% 27.4% 3.3% -13.5% PB Cost 428.8 390.8 708.8 674.0 824.5 888.0 979.2 Opera
Slide 43: TV Penetration remains untouched despite rising internet penetration
TV Penetration remains untouched despite rising internet penetration • TV penetration stayed at 95%, internet reached 52%, while other media continued to go down 2015 2016 2017 2018 95 95 96 95 52 45 41 38 29 28 27 23 10 9 7 5 3 2 1 1 2 2 1 1 TELEVISION INTERNET RADIO NEWSPAPER TABLOID MAGAZINE Sour
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