Pt Visi Media Asia Tbk Class A · IDX:VIVA
Pt Visi Media Asia Tbk Class A — Investor Presentation (March 2018)
46 slides from Pt Visi Media Asia Tbk Class A's investor presentation, March 2018
Slide 1: VIVA Group Corporate Presentation March 2018
VIVA Group Corporate Presentation March 2018
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 (SEC) Female Male 38 38 26 22 18 17 12 13 10 6 UPPER1 UPPER2 MIDDLE1 MIDDLE2 LOWER 51.8 2017 2018 47.4 Age 53% 20 18 19 19 17 15 16 2017 2018 14 12 10 10 10 10 11 Female 51.8 52.6 Male 48.2 47.4 5-9 10
Slide 6: 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 3.0% 3.0% 3.0% 2.9% 3,000 3.5% 2,753 (2.3%) 2,648 3.2% 2,551 2,500 2,441 2,303 2,058 2,099 2,000 1,938 1,500 1,000 1,292 1,330 1,370 1,411 1,454 1,237 1,277 1,248 500 64% 62% 59% 56% 54% 54% 53% 53% 0 20
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 118 5-9 111 10-14 101 15-24 Age 25-34 35-44 123 100 45-54 110 147 55+ 214 Upper 1 111
Slide 8: Our Performance
OUR PERFORMANCE
Slide 9: VIVA is the fastest growing media group, increased TV share by 80% since 2011
VIVA is the fastest growing media group by far, increased TV share by 80% since 2011 MEDIA GROUP SHARE PERFORMANCE 2011 – YTD Feb 2018 ENTERTAINMENT TV SCTV 15.5 40.0 ANTV 14.9 35.0 IVM 13.8 RCTI 11.3 30.0 MNCTV 10.3 GTV 6.8 25.0 TRANS 5.9 TRANS7 5.9 20.0 19.0 17.3 17.6 RTV 3.8 15.8 14.9 NET 3.0 15.
Slide 10: Moderate 2017 revenue growth of 3.3% YoY was still higher than listed media competitors
Moderate 2017 revenue growth of 3.3% YoY was still higher growth of listed media competitors Revenue Contribution Prime Time (PT) vs. Non- Prime Time (NPT) (IDR bn) 3,000 2016 2017 2,775.0 2,685.7 PT 36.4% 37.7% ANTV 2,500 NPT 63.6% 62.3% 2,272.7 PT 34.0% 33.5% 2,108.7 tvOne NPT 66.0% 66.5% 2,000 1,
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% 32.0% (%) 2016 2017 31.2% 30.7% 30% VIVA 30.7% 32.0% 1,000 888.0 MNCN 40.4% 35.3% 23.1% 824.5 25% SCM
Slide 12: Moderate 2017 revenue growth with rising costs led to 6.3% decrease in EBITDA
Moderate 2017 revenue growth paired with rising costs, led to 6.3% YoY Decrease in EBITDA (IDR bn) 2016A 2017A Y-o-Y (%) Revenue 2,685.7 2,775.0 3.3% PB Cost 824.5 888.0 7.7% Op Expense 1,003.0 1,083.2 8.0% Depreciation 101.8 97.6 -4.2% EBITDA 858.1 803.8 -6.3% EBITDA Margin (%) 32.0% 29.0% Net Inco
Slide 13: ANTV
ANTV
Slide 14: 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 96 120 2015 111 89 2016 125 75 2017 121 79 110 2018** 109 90 100 90 80 70 60 Dec 2017
Slide 15: ANTV's average TV share YTD Feb 2018 of 14.9% ranks #2 among FTA TV stations
ANTV’s average TV Share YTD Feb 2018 of 14.9% ranks #2 amongst FTA TV stations 15.1 14.9 YTD ANTV’s share performance 14.0 SCTV 2.0 15.5 ANTV 1.9 14.9 11.4 11.2 IVM 1.7 13.8 Share (%) RCTI 1.4 11.3 MNCTV 1.3 10.3 GTV 0.9 6.8 TRANS 0.8 5.9 7.2 6.9 6.7 TRANS7 0.8 5.9 6.1 6.1 RTV 0.5 3.8 5.4 5.5 5.6 5.
Slide 16: At ANTV we treat every daypart as a Prime Time
At ANTV we treat every daypart as a Prime Time Time slot (Target audience) TV share %(1) 03.30 – 04.59 (Male and Female News Slot 25-39 UpperMiddle) Selamat Pagi Nusantara #2 05.00 – 07.29 Morning Slot (Kids 5-14) Animation #1 07.30 – 13.59 Local Series Slot (All People) Jodoh Wasiat Bapak(RR), Ummi
Slide 17: The industry consists of mainly Series and Entertainment genres
The industry consists of mainly Series and Entertainment genres … Cumulative TV Share (%) ANAK JALANAN THAPKI 43.0 Series Entertainment CANSU and ANUGERAH HAZAL CINTA UTTARAN GOPI 38.0 OVJ TAKE ME OUT REALIGI TUKANG BUBUR NAIK 33.0 JODHA AKBAR TERMEHEK MEHEK HAJI YKS IMB ASHOKA D ACADEMY PUTRI YANG
Slide 18: ANTV has both genres in its programming portfolio
… ANTV has both genres in its programming portfolio ANTV’s Top Series Program 2015 2016 No Program's name Genre TVR TVS No Program's name Genre TVR TVS 1 JODHA AKBAR Series:Drama 4.1 17.7 1 UTTARAN Series:Drama 3.9 22.7 2 MAHABHRATA Series:Drama 3.1 16.2 2 LONCENG CINTA Series:Drama 3.2 15.8 3 CANSU
Slide 19: 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 2015 2016 No. Description (grouped) Channel TVR Share No. Description (grouped) Channel TVR Share 1 JODHA AKBAR ANTV 4.1 17.7 1 UTTARAN ANTV 3.9 22.6 2 MAHABHARATA ANTV 3.1 16.2 2 LONCENG CINTA ANTV 3.2 15.8 3 ELIF
Slide 20: 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 ANAK LANGIT SCTV Series:Drama 4.6 17.2 2 ORANG KETIGA SCTV Series:Drama 4.3 21.6 3 SIAPA TAKUT JATUH CINTA SCTV Series:Drama 4.2 18.0 4 DUNIA TERBALIK RCTI Series:Drama 3.5 14.0 5 JODOH
Slide 21: 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 21
Slide 22: 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 23: 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 23
Slide 24: ANTV's signature shows are linked to our drama series
ANTV’s signature shows are linked to our drama series 24
Slide 25: New Programs for ANTV 2018
viva TURKISH SERIES WOUNDEDLOVE NIKAH REALITY SHOW A Group member of viva 25
Slide 26: 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 26
Slide 27: ANTV wins Employer of Choice 2017
ANTV wins Employer of Choice 2017 TOP 3 EMPLOYERS OF CHOICE 2017 Based on Employee Effectiveness Index survey by Korn Ferry 27
Slide 28: tvOne
TVONE
Slide 29: tvOne #1 News and Sport FTA TV
tvOne #1 News and Sport FTA TV NEWS TV AUDIENCE SHARE Jan—Feb Jan—Feb 2018 2018 ;; TA TA 15+UM1, 15+UM1, 11 11 Cities Cities 3.1 1.6 1.5 1.2 TVONE METRO KOMPASTV INEWS Source: Nielsen - 11 Cities; Share; 15+ UpperMiddle1; 1 Jan–28 Feb 2018; 4 News Channels 29
Slide 30: tvOne #1 for Breaking News Always
tvOne #1 for Breaking News “Always” Memilih Pemimpin Basuki Tjahaja Bomb in Kampung Firecracker Storage Earthquake 6.9 SR Earthquake 6.1 SR Jakarta Purnama Verdict Melayu Explosion 16 Dec ‘17 23 Jan ‘18 16 Apr ‘17 07:00- 9 May ‘17 07:00-14:00 24 May ‘17 22:00-02:30 26 Oct ‘17 13:30-16:30 02:00—03:30
Slide 31: tvOne the #1 source for global coverage by International media
tvOne the #1 source for global coverage by International media 31
Slide 32: tvOne #1 Primetime News Program
tvOne #1 Primetime News Program PRIME TIME NEWS PROGRAM REACH 000s 1,346 965 940 838 692 KABAR KABAR HARI FOKUS SORE - REDAKSI TOP NEWS - PETANG - INI(F04) - IVM SORE - METRO TVONE TVONE TRANS7 Source: Nielsen 11 Cities; Jan 1 – `Feb 28, 2018; 15+ UpperMiddle1 32
Slide 33: tvOne #1 Talk Show Programs to supplement leading news coverage
tvOne #1 Talk Show Programs to supplement leading news coverage Audience Reach (‘000) for leading talk show programs 902 747 585 415 378 360 239 239 233 226 LAWYERS CLUB MATA NAJWA - LAWYERS INDONESIA DUA SISI - APA KABAR AIMAN(F05) - NSI NEWS APA KABAR KOMPAS - TVONE TRANS7 CLUB(R) - BUSINESS TVONE
Slide 34: tvOne #1 Fight Sport Programs
tvOne #1 Fight Sport Programs TOP LIVE WORLD BOXING ONE PRIDE MMA (AUDIENCE SHARE) (MILLION REACH*) 17.7 15.6 15.5 One Pride UFC-INEWSTV 11.8 2.9 11.2 10.8 2.7 2.7 2.6 Pacquiao vs Ward vs Wilder vs Garcia vs Mosley vs Mayweather Vargas Barrera Szpilka Guerrero Avanesyan vs 06/11/2016 27/03/2016 17/0
Slide 35: 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 KOMPASTV 0.9 Source: Nielsen - 11 Cities; Share; 27 Aug 2017; 08:30—12:21; 15+ UpperMiddle1 35
Slide 36: Our Digital
OUR DIGITAL
Slide 37: Launching new channels and microsites constantly evolving
Launching new channels and microsites constantly evolving Web Mobile Web Mobile Platform Platform Application 37
Slide 38: Over 29 million social media followers
Over 29 million social media followers 4.1 M 9.2 M 5.9 M followers followers followers 983 K 5.3 M followers 958.6 K followers 539.0K likes followers 283.6 K 1.5 M 299.9 K followers followers subscribers 216.8K 151.2 K 139.3 K followers subscribers likes 55.3 K 11.2K subscribers followers 2.2 K 3.4
Slide 39: Viva.co.id Portal generated 63 Mio Monthly Pageviews and 15 Mio Unique Visitors
Viva.co.id Portal generated 63 Mio Monthly (avg) Pageviews and 15 Mio Monthly (avg) Unique Visitors 02:08 15 MIO 63 MIO 30 MIO average time/ Unique Visitors Page Views Visits visit 2.22 Page views/ visit 3 MIO 25 MIO 2 MIO Desktop Site Mobile Site Mobile App Visit Visit Visit Source: Google Analytic
Slide 40: VIVA App is a mobile app that holds a bouquet of VIVA group content
VIVA App is a mobile app that holds a bouquet content of VIVA group (articles, live stream & VOD) 1.412.837 DOWNLOAD (per 28 Feb 2018) 20.3 MN SCREEN VIEW (avg/mo) 830 TH VIDEO VIEW (avg/mo) LIVE STREAMING Pesbukers, Bollyvaganza,News, ILC, Liga Indonesia, One Pride MMA, 100, Damai Indonesiaku VIDEO
Slide 41: 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 652.835K DOWNLOAD 9.1 MN SCREEN VIEW (avg/mo) 954 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 42: Our Digital Products aim to fill the gap of Youth
Our Digital Products aim to fill the gap of Youth DIGITAL REACH AGE 15-17 18-24 25-34 35+ AGE 18-24 25-34 35-44 45-54 55-64 66+ % 2.5% 15.4% 35.5% 46.5% % 22.0% 29.2% 22.8% 24.3% 8.1% 3.4% AGE INDEX AGE INDEX 5-9 111 5-9 51 10-14 101 10-14 62 15-24 83 15-24 70 New New target target 25-34 84 segment
Slide 43: Thank you
viva Thank you A Group member of viva fant] Viva so 43
Slide 44: Appendix
APPENDIX
Slide 45: Financial summary 2012A-2017A (IDR bn)
(IDR bn) 2012A 2013A 2014A 2015A 2016A 2017A Revenue 1,241.4 1,689.9 2,272.7 2,108.7 2,685.7 2,775.0 Revenue Growth (%) 25.1% 36.1% 34.5% -7.2% 27.4% 3.3% PB Cost 428.8 390.8 708.8 674.0 824.5 888.0 Operating Expense 486.9 644.6 697.7 806.4 1,003.0 1,083.2 Depreciation 66.9 67.7 94.3 105.8 101.8 97.
Slide 46: Media penetration, TV & internet simultaneous consumption, operate in both platforms
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
PT Visi Media Asia Tbk (VIVA Group) — Investor Presentation (March 2018) on 6ix