Pt Visi Media Asia Tbk Class A · IDX:VIVA
Pt Visi Media Asia Tbk Class A — Investor Presentation (December 2018)
47 slides from Pt Visi Media Asia Tbk Class A's investor presentation, December 2018
Slide 1: VIVA Group Corporate Presentation December 2018
VIVA Group Corporate Presentation December 2018
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 credit rating agencies. By accepting this document, you agree to maintain absolute confidentiality regarding the information disclosed in this document The inform
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) (PT Intermedia Capital Tbk.) (PT Lativi Mediakarya) (PT Viva Media Baru) #1 News and Sport TV Leading digital multiplatform Station for eight consecutive portal focusing on
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 38.3 38.4 25.6 22.5 17.8 17.2 11.4 12.8 10.1 5.9 UPPER1 UPPER2 MIDDLE1 MIDDLE2 LOWER 52.5 2017 2018 47.5 Age 53% 20.8 17.9 18.718.9 16.015.8 15.8 2017 2018 14.0 12.2 9.8 9.8 10.2 9.6
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 3.0% 3.0% 3.0% 3,000 3.0% 3.5% 2,760 (2.3%) 2,621 3.2% 2,512 2,500 2,400 2,260 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% 57% 55% 55% 54% 53% 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 SCMA IVM TRANS TRANS7 METRO MALE 111 GENDER FEMALE 114 5-9 103 10-15 106 15-24 AGE 25-34 35-44 114 101 45-54 115 146 55+ 103 213 UPPER 1
Slide 9: Our Performance
OUR PERFORMANCE
Slide 10: VIVA is the fastest growing media group by far, increased TV share by 68%
VIVA is the fastest growing media group by far, increased TV share by 68% since 2011 MEDIA GROUP SHARE PERFORMANCE 2011 – 2018 ENTERTAINMENT TV SCTV 15.2 40.0 IVM 13.9 35.0 ANTV 13.6 RCTI 13.0 30.0 MNCTV 8.6 TRANS 6.6 25.0 GTV 6.5 19.0 TRANS7 5.9 20.0 17.3 RTV 16.5 3.9 15.8 14.9 NET 2.6 15.0 10.7 10
Slide 11: ASIAN Games and depreciation of Rupiah has led to a slight increase in revenue on 9M18
ASIAN Games and depreciation of Rupiah has led to a slight increase in revenue on 9M18 Revenue Contribution Prime Time (PT) vs. Non- Prime Time (NPT) (IDR bn) 9M17 9M18 3,000.0 2,775.0 PT 37.3% 39.5% 2,685.7 ANTV NPT 62.7% 60.5% 2,500.0 2,272.7 PT 33.5% 31.3% 2,108.7 tvOne NPT 66.5% 68.7% 2,000.0 1,
Slide 12: Programming & Broadcasting cost has risen due to top line pressure
Programming & Broadcasting (PB) cost has risen due to top line pressure, this rise is in-line with peers % PB Cost to revenue VIVA vs. Peers (IDR bn) (%) 9M17 9M18 1,600.0 50.0% VIVA 29.6% 39.1% 1,400.0 39.1% 40.0% MNCN 37.2% 38.1% 1,200.0 SCMA 39.1% 41.9% 31.2% 32.0% 30.7% 32.0% 1,000.0 29.6% Sourc
Slide 13: Seasonality drove revenue up 1.0% in 9M18, EBITDA down 52.0%
Seasonality factors drove revenue to increase slightly by 1.0% in 9M18 paired with rising costs, led to 52.0% YoY Decrease in EBITDA (IDR bn) 9M17 9M18 Y-o-Y (%) Revenue 1,939.5 1,958.1 1.0% PB Cost 573.3 764.9 33.4% Op Expense 795.3 919.1 15.6% Depreciation 72.7 72.7 0.1% EBITDA 570.9 274.0 -52.0%
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 96 120 2015 111 89 2016 125 75 2017 121 79 110 2018 114 86 100 90 80 70 60 Jan 2016 Ja
Slide 16: ANTV's average TV Share 2018 of 13.6% ranks #3 amongst FTA TV stations
ANTV’s average TV Share 2018 of 13.6% ranks #3 amongst FTA TV stations 15.1 YTD ANTV’s share performance 14.0 13.6 SCTV 1.9 15.2 IVM 1.7 13.9 11.4 ANTV 1.7 13.6 11.2 Share (%) RCTI 1.6 13.0 MNCTV 1.1 8.6 TRANS 0.8 6.6 GTV 0.8 6.5 TRANS7 0.7 5.9 7.2 6.9 6.7 RTV 0.5 3.9 6.1 6.1 TVONE 0.4 2.9 5.4 5.5 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 Series & News Slot (Male) Jejak Kriminal, Rajapati, Mawar HItam #3 04.30 – 07.59 Morning Slot (Kids 5-14) Animation #1 08.00 – 13.29 Series Morning Slot Chandranandini, Indian Movie, Arjun & Arohi, (Mom With
Slide 18: The industry consists of mainly Series and Entertainment genres
The industry consists of mainly Series and Entertainment genres … Cumulative TV Share (%) ANAK JALANAN ANUGERAH CINTA 43 Series Entertainment CANSU and HAZAL GOPI UTTARAN THAPKI 38 OVJ TAKE ME OUT REALIGI PUTRI YANG DITUKAR TUKANG BUBUR NAIK HAJI 33 TERMEHEK MEHEK JODHA AKBAR YKS ASHOKA IMB D ACADEM
Slide 19: 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 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 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 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 5.1 19.8 2 CINTA YANG HILANG RCTI Series:Drama 4.2 17.0 3 ANAK LANGIT SCTV Series:Drama 4.0 16.1 4 ORANG KETIGA SCTV Series:Drama 3.7 19.7 5 DUNIA TERBALIK
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: New Programs for ANTV 2018
viva A :) TURKISH . RIES a : pone war REALITY SHOW WOUNDED LOVE i COT TRUNKREW BS A Group member of viva 26
Slide 27: 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 27
Slide 28: 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 28
Slide 29: tvOne
TVONE
Slide 30: tvOne #1 News and Sport FTA TV
tvOne #1 News and Sport FTA TV NEWS TV AUDIENCE SHARE Jan—Dec 2018 ; TA 15+UM1, 11 Cities 3.4 1.7 1.6 1.2 TVONE METRO KOMPASTV INEWS Source: Nielsen - 11 Cities; Share; 15+ UpperMiddle1; 1 Jan—31 Dec 2018; 4 News Channels 30 30
Slide 31: tvOne #1 for Breaking News Always
tvOne #1 for Breaking News “Always” Registration of The Tragedy of Earthquake 6.1 SR Bomb Explosion Indonesia Sunda Stait Isbat Ramadan 1439 H Presidential Candidates Lion Air JT-610 23 Jan ‘18 in Surabaya 10 Aug ‘18 Tsunami 15 May ‘18 17:31-18:58 29 Oct ‘18 14:00-15:30 13 May ‘18 08:00-25:01 23 Dec
Slide 32: 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 32
Slide 33: tvOne #1 Primetime News Program
tvOne #1 Primetime News Program PRIME TIME NEWS PROGRAM REACH 000s 1,213 1,058 942 906 883 KABAR CNN FOKUS SORE - KABAR HARI KABAR UTAMA PETANG - INDONESIA IVM INI(F04) - - TVONE TVONE VIRAL - TRANS TVONE Source: Nielsen 11 Cities; Jan 1 – Dec 31, 2018; 15+ UpperMiddle1 *Excluding Special Program 33
Slide 34: tvOne #1 Talk Show Programs to supplement leading news coverage
tvOne #1 Talk Show Programs to supplement leading news coverage TV Share (%) for leading talk show programs 8.5 7.1 5.9 5.0 4.0 3.9 3.7 3.6 3.5 3.1 LAWYERS CLUB - MATA NAJWA - APA KABAR MENUJU LAWYERS CLUB(R) - CNN INDONESIA APA KABAR EDITORIAL MEDIA DUA SISI - TVONE KABAR PILKADA - TVONE TRANS7 IND
Slide 35: 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 %) 2016 2017 2018 0 100 200 300 400 500 600 700 800 460 470 480 490 500 510 520 530 540 550 560 420 440 460 480 500 520 540 560 580 ONE ONE ONE PRIDE 710 PRIDE 546 PRIDE 560 tvOne
Slide 36: UFC has supported our position as the #1 Indonesian FTA TV in combat sports
UFC has supported our cause to cement our position as The #1 Indonesian FTA TV in combat sports As of 2017, UFC is aired by Fox, ESPN, BT Sport and other major TV stations across 150 countries Multibillion Dollar Enterprise Produces events worldwide, showcasing 11 weight divisions 1.2 7.0 TVR Share
Slide 37: Our Digital
OUR DIGITAL
Slide 38: Launching new channels and microsites constantly evolving
Launching new channels and microsites constantly evolving Web Mobile Web Mobile Platform Platform Application 38
Slide 39: Over 33 million social media followers
Over 33 million social media followers 3.7 M 9.5 M 6.0 M followers followers followers 2.0 M followers 1.4 M 5.6 M subscribers followers 699.7 K subscribers 1.1 M 1.6 M likes followers 537.6K followers 225.2 K 648.6 K followers 208.3 K followers likes 244.0 K subscribers *All Social Media Data as of
Slide 40: Viva.co.id Portal generated 89.7 Mio Monthly Pageviews and 16.1 Mio Unique Visitors
Viva.co.id Portal generated 89.7 Mio Monthly (avg) Pageviews and 16.1 Mio Monthly (avg) Unique Visitors 01:43 16.1 MIO 89.7 MIO 33 MIO average time/ Unique Visitors Page Views Visits visit 2.71 Page views/ visit 3.5 MIO 28 MIO 1.7 MIO Desktop Device Mobile Device Mobile App Visit Visit Visit Source:
Slide 41: 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) 1,439,863 DOWNLOAD (per 31 Dec 2018) 14.5 MN SCREEN VIEW (avg/mo) 2,280,868 VIDEO VIEW (avg/mo) LIVE STREAMING Pesbukers, Bollyvaganza,News, ILC, Liga Indonesia, One Pride MMA, 100, Damai Indonesiaku VI
Slide 42: 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 814.019 DOWNLOAD 4.7 MN SCREEN VIEW (avg/mo) 145 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 Indonesi
Slide 43: 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+ % 34.5% 42.5% 10.7% 5.6% 3.8% 3.6% % 16.8% 26.7% 22.3% 17.7% 17.70% 5.2% AGE INDEX AGE INDEX 5-9 103 5-9 50 10-14 106 10-14 65 15-24 84 New New 15-24 68 target
Slide 44: Thank you
viva Thank you A Group member of viva fant] Viva so 44
Slide 45: Appendix
APPENDIX
Slide 46: Financial summary 2012A-2017A
(IDR bn) 2012A 2013A 2014A 2015A 2016A 2017A Revenue 1,241.4 1,674.4 2,272.7 2,108.7 2,685.7 2,775.0 Revenue Growth (%) 25.1% 34.9% 35.7% -7.2% 27.4% 3.3% PB Cost 428.8 390.8 708.8 674.0 824.5 888.0 Operating Expense 486.9 629.0 697.7 806.4 1,003.0 1,083.2 Depreciation 66.9 67.7 94.3 105.8 101.8 97.
Slide 47: Media penetration, TV & internet simultaneous consumption, our strategy is to operate in both platforms
Media penetration, TV & internet simultaneous consumption 96%, our strategy is to operate in both platforms Simultaneous Media Consumption 2012 2017 95% 94% 95% 96% 96% 96% 45% 96% 44% 43% 41% 37% 33% 30% 25% 21% 19% 17% 16% 14% 14% 13% 13% 13% 12% 12% 8% 8% 7% 7% 5% 5% 4% 3% 2% 2% 1% 1% TV Internet
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