Mediaco Holding Inc. · NASDAQ:MDIA
Mediaco — Investor Presentation (January 2020)
12 slides from Mediaco's investor presentation, Jan 21, 2020
Slide 1: MediaCo Holding Inc. Investor Presentation January 2020
MediaCo Holding Inc. Investor Presentation January 2020
Slide 2: Safe Harbor / Forward-Looking Statements
Safe Harbor / Forward-Looking Statements Certain statements included in this presentation which are not statements of historical fact, including but not limited to the preliminary full year pro forma financial information for 2019 and the budgeted financial information for 2020, as well as those ide
Slide 3: MediaCo Holding Inc.
MediaCo Holding Inc. MediaCo Holding Inc. (“MediaCo”) is a diversified media company currently operating in two segments: Radio Broadcasting Outdoor Advertising (i.e., Billboards) These businesses benefit from low capital intensity and high free cash flow conversion rates The Company’s strategy is t
Slide 4: MediaCo Overview
MediaCo Overview MediaCo Radio Outdoor Advertising
Slide 5: Radio Segment Overview
Radio Segment Overview MediaCo operates two radio stations in the highly coveted New York City metropolitan market WQHT-FM (Hot 97) and WBLS-FM Hot 97 is the #1 Hip-Hop station in New York Sponsor of Summer Jam, the largest hip-hop festival in the world WBLS is the #1 R&B station in New York MediaCo
Slide 6: Radio Segment Operating Strategy
Radio Segment Operating Strategy
Slide 7: Market Background: NY Market Share
YTD 2019 Revenue Share YTD 2019 12+ Ratings Share Power Ratio (Revenue/Ratings) 38% 25% 151% 31 23 134 MediaCo 10 10 101 9 8 108 5 2 238 4 3 126 2 2 160 Market Background: NY Market Share MediaCo Is #3 In NY Ranker for Both Revenue and Ratings Behind Industry’s Two Largest Competitors Source: Miller
Slide 8: Outdoor Advertising Segment Overview
Outdoor Advertising Segment Overview In December 2019 MediaCo purchased two outdoor advertising companies from Fairway Outdoor Advertising Group for approximately $43 million 2,205 faces in the Southeast (Valdosta) region 1,141 faces in Mid-Atlantic (Kentucky) region “Fairway Outdoor Advertising” tr
Slide 9: Valdosta Market Overview
Valdosta Market Overview Total Inventory Bulletins – 1,844 faces Posters – 337 faces Digital – 24 players, 192 spots DIVISIONAL HIGHLIGHTS GEOGRAPHIC FOOTPRINT
Slide 10: Kentucky Market Overview
Kentucky Market Overview Total Inventory Bulletins – 764 faces Posters – 375 faces Digital – 2 players, 16 spots DIVISIONAL HIGHLIGHTS GEOGRAPHIC FOOTPRINT
Slide 11: MediaCo 2020 Budget
MediaCo 2020 Budget ($ in millions) Unaudited, Preliminary Full Year Pro Forma 2018* Unaudited, Preliminary Full Year Pro Forma 2019* Budgeted 2020** 2019-2020 YoY Growth Radio $43.2 $45.0 $46.0 2% Outdoor Advertising 13.4 13.9 14.5 4% Total Revenue 56.6 58.9 60.5 3% Radio Operating Expenses, exclud
Slide 12: Capitalization
Capitalization Capital Structure (as of December 31, 2019) $ and number of shares, each in millions Credit Facility $72.5 Convertible Notes 11.3 Convertible Preferred 22.0 Total Debt & Preferred $105.8 Number of Class A Common Shares Outstanding (Nasdaq: MDIA) 1.7 Number of Class B Common Shares Out
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