Pt Visi Media Asia Tbk Class A · IDX:VIVA

Pt Visi Media Asia Tbk Class A — Investor Presentation (November 2019)

43 slides from Pt Visi Media Asia Tbk Class A's investor presentation, Nov 8, 2019

  1. Slide 1: VIVA Group Corporate Presentation November 2019

    VIVA Group Corporate Presentation November 2019

  2. 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

  3. Slide 3: Agenda

    Agenda 1 Our Company 2 Industry Overview 3 Our Performance 4 ANTV 5 tvOne 6 Our Digital 3

  4. 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

  5. Slide 5: Industry Overview

    INDUSTRY OVERVIEW

  6. 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 25.5 23.7 17.3 19.2 13.0 8.3 8.2 5.9 UPPER1 UPPER2 MIDDLE1 MIDDLE2 LOWER 53.6 2018 2019 46.4 52% Age 18.1 18.919.3 16.9 15.816.3 15.715.9 2018 2019 12.213.0 9.7 9.5 9.6 9.1

  7. 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

  8. 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 115 5-9 113 10-14 101 15-24 Age 25-34 35-44 103 111 45-54 118 149 55+ 107 201 Upper 1

  9. Slide 9: Our Performance

    OUR PERFORMANCE

  10. Slide 10: VIVA is the fastest media group by far, increased TV Share by 38% since 2011

    VIVA is the fastest media group by far, increased TV Share by 38% since 2011 MEDIA GROUP SHARE PERFORMANCE 2011 – 2019 YTD ENTERTAINMENT TV 40.0 SCTV 14.5 RCTI 13.6 35.0 IVM 12.6 30.0 ANTV 10.4 MNCTV 9.0 25.0 GTV 7.0 TRANS7 7.0 19.0 20.0 17.3 TRANS 6.6 15.8 14.9 16.5 RTV 3.7 15.0 13.6 NET 2.4 9.8 10

  11. 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 2,500.0 2,400.2 NPT 68.7% 63.4% 2,272.7 2,108.7 1,9

  12. 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

  13. 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

  14. Slide 14: ANTV

    ANTV

  15. 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 115 84 100 90 80 70

  16. Slide 16: ANTV's average TV Share 2019 YTD of 10.4% ranks #4 amongst FTA TV stations

    ANTV’s average TV Share 2019 YTD of 10.4% ranks #4 amongst FTA TV stations YTD ANTV’s TV Share performance 15.1 14.0 13.6 SCTV 1.8 14.5 RCTI 1.7 13.6 11.4 TV Share (%) 11.2 IVM 1.5 12.6 10.4 ANTV 1.3 10.4 MNCTV 1.1 9.0 GTV 0.9 7.0 TRANS7 0.9 7.0 7.2 6.9 6.7 TRANS 0.8 6.6 6.1 6.1 5.4 5.5 5.6 RTV 0.5

  17. 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

  18. 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 THAPKI CANSU and ANUGERAH HAZAL CINTA CINTA SUCI UTTARAN GOPI CINTA YANG HILANG 38.0 CINTA BUTA OVJ DUINIA TERBALIK TAKE ME OUT REALIGI PUTRI YANG DITUKAR TUKANG BUBUR NAI

  19. 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

  20. 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

  21. 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 TOP TUKANG OJEK PENGKOLAN RCTI Series:Drama 3.6 16.6 4 CINTA BUTA SCTV Series:Drama 3.5 15.0 5 CIN

  22. 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

  23. 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

  24. 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

  25. Slide 25: ANTV's signature shows are linked to our drama series

    ANTV’s signature shows are linked to our drama series 25

  26. Slide 26: tvOne

    TVONE

  27. Slide 27: tvOne #1 News and Sport FTA TV

    tvOne #1 News and Sport FTA TV NEWS TV AUDIENCE SHARE Jan—Oct 2019 ; TA 15+UM1, 11 Cities 3.8 1.9 1.8 1.7 TVONE METRO KOMPASTV INEWS Source: Nielsen - 11 Cities; Share; 15+ UpperMiddle1; 1 Jan—31 Oct 2019; 4 News Channels 27 27

  28. 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

  29. 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

  30. Slide 30: tvOne Competitive on Primetime News Program

    tvOne Competitive on Primetime News Program PRIME TIME NEWS PROGRAM REACH 000s 1,443 1,329 969 956 863 CNN KABAR KABAR UTAMA INEWS MALAM TOP NEWS - INDONESIA PETANG - - TVONE - INEWS METRO VIRAL - TRANS TVONE Source: Nielsen 11 Cities; Jan 1 – Oct 31, 2019; 15+ Upper Middle1 *Excluding Special Progr

  31. 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 2.0 1.8 1.7 1.2 1.1 1.0 0.9 0.8 0.8 0.8 LAWYERS CLUB - MATA NAJWA - CATATAN - TVONE MENUJU LAWYERS CLUB(R) - DUA SISI - TVONE APA KABAR MENUJU INDONESIA INDONESIA TVONE TRANS7 ISTANA(F05) - T

  32. Slide 32: tvOne #1 Fight Sport Programs

    tvOne #1 Fight Sport Programs TOP LIVE WORLD ONE PRIDE PRO NEVER BOXING 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 603 tvOne tvO

  33. Slide 33: Our Digital

    OUR DIGITAL

  34. 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

  35. Slide 35: More than 33 million pageview per month and 13.1 million unique visitors

    More than 33 million pageview per month and 13.1 million unique visitors 33 16.7 13.1 million million million TOTAL PAGEVIEW TOTAL VISIT TOTAL UNIQUE VISITOR Source: Google Analytics, Oct 2019 35

  36. Slide 36: Over 31 million social media followers

    Over 31 million social media followers 2.3M 10.0 M 6.1 M followers followers followers 1.0 M 6.4M 5.6 M followers subscribers followers 3.9 M subscribers 1.2 M 348.2 K likes followers 1.0 M 594.0 K likes 915.8 K subscribers followers 159.0 K subscribers *All Social Media Data as of 31 Oct 2019 36

  37. 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) 1,426,399 DOWNLOAD (per 31 Oct 2019) 8.28 MN SCREEN VIEW (avg/mo) 3,580,326 VIDEO VIEW (avg/mo) LIVE STREAMING Pesbukers, Bollyvaganza,News, ILC, Liga Indonesia, One Pride MMA, 100, Damai Indonesiaku VI

  38. 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 1,050,000 DOWNLOAD 5.3 MN SCREEN VIEW (avg/mo) 137 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

  39. 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+ % 14.0% 34.6% 21.1% 13.3% 9.4% 7.5% % 7.9% 16.4% 17.0% 20.5% 21.8% 16.3% AGE INDEX AGE INDEX 5-9 113 5-9 49 10-14 101 10-14 62 15-24 80 15-24 62 New New target

  40. Slide 40: Thank you

    viva Thank you A Group member of viva jantv} VIVA cous 40

  41. Slide 41: Appendix

    APPENDIX

  42. 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

  43. 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

PT Visi Media Asia — Investor Presentation (November 2019) on 6ix