Pt Visi Media Asia Tbk Class A · IDX:VIVA
Pt Visi Media Asia Tbk Class A — Investor Presentation (August 2019)
43 slides from Pt Visi Media Asia Tbk Class A's investor presentation, August 2019
Slide 1: VIVA Group Corporate Presentation August 2019
VIVA Group Corporate Presentation August 2019
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 eight consec
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 40.8 25.6 23.6 17.3 19.0 13.0 8.4 8.1 5.8 UPPER1 UPPER2 MIDDLE1 MIDDLE2 LOWER 53.7 2018 2019 46.3 Age 52% 18.2 18.918.9 17.1 15.516.2 15.616.0 12.2 13.0 2018 2019 9.8 9.6 9.7 9.2
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 \ VIVA MNC EMTEK TRANS CORP MEDIA Target Audience ANTV TVONE RCTI GTV MNCTV SCTV IVM TRANS TRANS7 METRO Male 107 Gender Female 113 5-9 122 10-14 108 15-24 Age 25-34 35-44 101 109 45-54 112 148 55+ 109 202 Upper 1 158 Upper 2 113 SEC Mid
Slide 9: Our Performance
OUR PERFORMANCE
Slide 10: VIVA is the fastest media group by far, increased TV Share by 45% since 2011
VIVA is the fastest media group by far, increased TV Share by 45% since 2011 MEDIA GROUP SHARE PERFORMANCE 2011 – 2019 YTD ENTERTAINMENT TV 40.0 SCTV 14.7 RCTI 13.8 35.0 IVM 12.5 ANTV 10.8 30.0 MNCTV 9.1 25.0 GTV 7.1 TRANS7 6.5 20.0 19.0 TRANS 6.4 17.3 16.5 15.8 14.9 RTV 3.5 14.2 NET 2.4 15.0 10.7 1
Slide 11: In 1H19 revenues was affected by weak advertising market along with lower TVS
In 1H19 revenues was affected by weak advertising market along with lower TVS Revenue Contribution Prime Time (PT) vs. Non- Prime Time (NPT) (IDR bn) 1H18 1H19 3,000.0 2,775.0 PT 37.1% 42.9% 2,685.7 ANTV NPT 62.9% 57.1% 2,500.0 2,400.2 2,272.7 PT 31.4% 38.5% 2,108.7 tvOne NPT 68.6% 61.5% 2,000.0 Com
Slide 12: Programming & Broadcasting cost kept under control and lowest amongst listed peers
Programming & Broadcasting (PB) cost kept under control and remain lowest amongst listed peers (IDR bn) % PB Cost to revenue VIVA vs. Peers 1,400.0 45.0% 40.8% 40.6% (%) 1H18 1H19 40.0% 1,200.0 VIVA 33.7% 40.6% 33.7% 35.0% 31.2% 32.0% 30.7% 32.0% 979.2 MNCN 37.8% 35.0% 1,000.0 888.0 30.0% 824.5 SCMA
Slide 13: Despite tight cost management, EBITDA is under pressure from weak 1H19 revenue
Despite tight cost management, EBITDA is under pressure from weak 1H19 revenue (IDR bn) 1H18 1H19 Y-o-Y (%) Revenue 1,371.2 1,117.6 -18.5% PB Cost (461.7) (453.3) -1.8% Op Expense (605.2) (607.9) 0.5% Depreciation (47.8) (45.9) EBITDA 304.3 56.3 -81.5% EBITDA Margin (%) 22.2% 5.0% 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 2011 96 104 2012 99 101 Female Male 2013 102 98 2014* 104 96 130 2015 111 89 2016 125 75 2017 121 79 120 2018 114 86 **2019 113 87 110 100 90 80 70
Slide 16: ANTV's average TV Share 2019 YTD of 10.8% ranks #4 amongst FTA TV stations
ANTV’s average TV Share 2019 YTD of 10.8% ranks #4 amongst FTA TV stations YTD ANTV’s share performance 15.1 14.0 13.6 SCTV 1.9 14.7 RCTI 1.7 13.8 11.4 IVM 1.6 12.5 11.2 Share (%) ANTV 1.4 10.8 10.8 MNCTV 1.2 9.1 GTV 0.9 7.1 TRANS7 0.8 6.5 7.2 6.9 6.7 TRANS 0.8 6.4 RTV 0.4 3.5 6.1 6.1 5.4 5.5 5.6 TV
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 35-44) Jejak Kriminal, Rajapati, Tawakal #3 04.30 – 07.29 Morning Slot (Kids 5-14) Animation #1 07.30 – 10.59 Sinema India Slot (Mom With Kids <10) Menembus Mata Bath
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 OVJ TAKE ME OUT REALIGI PUTRI YANG DITUKAR TUKANG BUBUR NAIK HAJI JODHA AKBAR 33.0 TERMEHEK MEHEK YKS ASHOKA IMB D
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 CINTA SUCI SCTV Series:Drama 4.1 16.3 2 CINTA YANG HILANG RCTI Series:Drama 3.6 15.2 3 CINTA BUTA SCTV Series:Drama 3.6 15.0 4 DUNIA TERBALIK RCTI Series:Drama 3.4 16.7 5 TOP TUKANG OJE
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-Jul 2019 ; TA 15+UM1, 11 Cities 4.0 2.0 1.9 1.7 TVONE METRO KOMPASTV INEWS Source: Nielsen - 11 Cities; Share; 15+ UpperMiddle1; 1 Jan—31 Jul 2019; 4 News Channels 27 27
Slide 28: tvOne #1 for Breaking News "Always"
tvOne #1 for Breaking News “Always” Protest in Bawaslu Rest in Peace Presidential Election Indonesia Sunda Stait Presidential Election Isbat Ramadan 1440 22 May ‘19 Ani Yudhoyono Dispute Decision Tsunami 17 Apr ‘19 5 May ‘19 06:09-25:32 2 Jun ‘19 27 Jun ‘19 23 Dec ‘18 07:22-19:30 05:59-23:00 15:00-1
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 #1 Primetime News Program
tvOne #1 Primetime News Program PRIME TIME NEWS PROGRAM REACH 000s 571 561 417 360 352 KABAR CNN KABAR UTAMA TOP NEWS - INEWS SORE - PETANG - INDONESIA - TVONE METRO INEWS TVONE VIRAL - TRANS Source: Nielsen 11 Cities; Jan 1 – Jul 31, 2019; 20+ Upper *Excluding Special Program 30
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 1.6 1.5 1.4 1.0 0.9 0.9 0.9 0.8 0.7 0.7 LAWYERS CLUB - MATA NAJWA - CATATAN - TVONE LAWYERS CLUB(R) - MENUJU DUA SISI - TVONE MENUJU APA KABAR INDONESIA INDONESIA TVONE TRANS7 TVONE ISTANA(F0
Slide 32: tvOne #1 Fight Sport Programs
tvOne #1 Fight Sport Programs TOP LIVE WORLD BOXING ONE PRIDE PRO NEVER QUIT (Audience Share in %) (Audience Reach in 000s) 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 619 tvOne tvO
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 31 million social media followers
Over 31 million social media followers 2.2 M 9.4 M 6.1 M followers followers followers 1.2 M 5.6 M 2.8 M followers followers subscribers 1.2 M subscribers 1.2 M 301.3 K likes followers 455.8 K 494.7 K likes 886.5 K subscribers followers 157.0 K subscribers *All Social Media Data as of 30 July 2019 3
Slide 36: Viva.co.id Portal generated 112 Mio Monthly Pageviews and 17 Mio Unique Visitors
Viva.co.id Portal generated 112 Mio Monthly (avg) Pageviews and 17 Mio Monthly (avg) Unique Visitors 01:13 17 MIO 110 MIO 42 MIO average time/ Unique Visitors Page Views Visits visit 2.62 Page views/ visit 2.6 MIO 38 MIO 1.2 MIO Desktop Device Mobile Device Mobile App Visit Visit Visit Source: Googl
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) 1,434,674 DOWNLOAD (per 31 July 2019) 9.22 MN SCREEN VIEW (avg/mo) 3,443,240 VIDEO VIEW (avg/mo) LIVE STREAMING Pesbukers, Bollyvaganza,News, ILC, Liga Indonesia, One Pride MMA, 100, Damai Indonesiaku V
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 1.009.000 DOWNLOAD 2.4 MN SCREEN VIEW (avg/mo) 122 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 Indone
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+ % 15.7% 34.8% 16.9% 14.2% 10.0% 8.4% % 22.0% 29.2% 22.8% 24.3% 8.1% 3.4% AGE INDEX AGE INDEX 5-9 122 5-9 51 10-14 108 10-14 66 15-24 79 New New 15-24 62 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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