Pt Visi Media Asia Tbk Class A · IDX:VIVA
Pt Visi Media Asia Tbk Class A — Investor Presentation (January 2018)
46 slides from Pt Visi Media Asia Tbk Class A's investor presentation, Jan 24, 2018
Slide 1: VIVA Group Corporate Presentation
VIVA Group Corporate Presentation January 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) >50% 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 22 22 19 18 11 11 10 10 51.4 Upper 1 Upper 2 Middle 1 Middle 2 Lower 2016 2017 48.6 Age 56% 21 20 19 19 2016 2017 17 16 14 14 Female 51.2 51.4 11 10 10 10 10 9 Male 48.8 48.6 5-
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 5.4% 5.0% 5.0% 5.5% 2,861 3,000 2,729 5.5% 2,597 5.2% 2,466 4.8% 2,500 2,297 2,120 1,956 2,000 1,815 1,500 1,000 1,661 1,750 1,506 1,581 1,352 1,427 1,227 1,286 500 64% 62% 61% 59% 58% 58% 58% 59% 0 2015
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 121 5-9 116 10-14 105 15-24 Age 25-34 35-44 119 45-54 105 157 55+ 109 194 Upper 1 Upp
Slide 8: Our Performance
OUR PERFORMANCE
Slide 9: VIVA is the fastest growing media group by far, increased TV Share by 94%
VIVA is the fastest growing media group by far, increased TV Share by 94% since 2011, and still gaining from 2016 to 2017 MEDIA GROUP SHARE ENTERTAINMENT TV NEWS TV PERFORMANCE 2011 – 2017 ANTV 15.1 TVONE 3.9 RCTI 14.9 METRO 1.6 KOMPASTV 1.4 SCTV 13.0 INEWS 1.3 40 IVM 11.8 MNCTV 9.8 35 TRANS7 6.9 TR
Slide 10: Moderate 9M17 revenue growth of 7.4% YoY was still more than double competitors
Moderate 9M17 revenue growth of 7.4% YoY was still more than double the growth of competitors Revenue Contribution Prime Time (PT) vs. Non- Prime Time (NPT) (IDR bn) 9M16 9M17 3,000 PT 36.0% 37.3% 2,685.7 ANTV NPT 64.0% 62.7% 2,500 2,272.7 7.4% PT 34.5% 33.5% tvOne 2,108.7 NPT 65.5% 66.5% 2,000 1,93
Slide 11: Programming & Broadcasting cost to revenues controlled at 30-34%
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% (%) 9M16 9M17 32.0% 31.2% 30.7% 30.8% 29.6% VIVA 30.8% 29.6% 30% 1,000 MNCN 42.0% 37.2% 23.1% 824.5 25% SCM
Slide 12: Tight cost management led to 8% YoY increase in EBITDA
Tight cost management softened moderate 9M17 revenue growth, leading to 8% YoY increase in EBITDA (IDR bn) 9M 2016 9M 2017 Y-o-Y (%) Revenue 1,805.8 1,939.5 7.4% PB Cost 555.5 573.3 3.2% Op Expense 721.8 795.3 10.2% Depreciation 76.5 72.7 -5.0% EBITDA 528.5 570.9 8.0% EBITDA Margin (%) 29.3% 29.4% N
Slide 13: ANTV
ANTV
Slide 14: ANTV is dominant with the female audience
ANTV is dominant with the female audience INDEX Year Female Male 2010 95 105 2011 96 104 Female Male 2012 99 101 2013 102 98 130 2014* 104 96 2015 111 89 2016 125 75 120 2017** 121 79 110 100 90 80 70 60 Dec 2017 Jan 2013 Jan 2014 Jan 2015 Jan 2016 Jan 2017 Source: AGB Nielsen Media Research, 11 Cit
Slide 15: ANTV's average TV Share in 2017 of 15.1% ranks #1 amongst FTA TV stations
ANTV’s average TV Share in 2017 of 15.1% ranks #1 amongst FTA TV stations 15.1 YTD ANTV’s share performance 14.0 ANTV 1.8 15.1 RCTI 1.8 14.9 11.4 SCTV 1.6 13.0 11.2 IVM 1.4 11.8 Share (%) MNCTV 1.2 9.8 TRANS7 0.8 6.9 TRANS 0.7 5.8 7.2 6.9 6.7 GTV 0.6 5.2 TVONE 0.5 3.9 6.1 6.1 5.4 5.5 5.6 NET 0.4 3.5
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 25-34 Upper) Selamat Pagi Nusantara #1 05.00 – 07.29 Morning Slot (Kids 5-14) Animation #2 07.30 – 13.59 Local Series Slot (All People) Jodoh Wasiat Bapak(RR), Malaikat T
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 Series Entertainment CANSU and ANUGERAH HAZAL CINTA UTTARAN GOPI 38 OVJ TAKE ME OUT PUTRI YANG DITUKAR 33 REALIGI TUKANG BUBUR NAIK JODHA AKBAR TERMEHEK MEHEK HAJI YKS ASHOKA IMB D ACADEM
Slide 18: ANTV has both genres in its programming portfolio
… ANTV has both genres in its programming portfolio ANTV’s Top Series Program 2014 2015 No Program's name Program's Genre TVR TVS No Program's name Program's Genre TVR TVS 1 ABAD KEJAYAAN Series:Drama 4.3 21.4 1 JODHA AKBAR Series:Drama 4.1 17.7 2 MAHABHARATA Series:Drama 3.9 17.1 2 MAHABHRATA Serie
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 2014 2015 No. Description (grouped) Channel (r) TVR Share No. Description (grouped) Channel (r) TVR Share 1 MAHABHARATA ANTV 4.5 17.9 1 JODHA AKBAR ANTV 4.1 17.7 2 ABAD KEJAYAAN ANTV 4.1 19.7 2 MAHABHARATA ANTV 3.1
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 TVS 1 SIAPA TAKUT JATUH CINTA SCTV Series:Drama 4.3 19.0 2 JODOH WASIAT BAPAK ANTV Series:Drama 3.8 15.8 3 DUNIA TERBALIK RCTI Series:Drama 3.8 17.1 4 ANAK LANGIT SCTV Series:Drama 3.5 14.1 5 CA
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 Lonceng Cinta 21 Feb 2016 5 Jun 2016 27 Nov 2016 5 Feb 2017 19 Nov 2017 Bollyvaganza Meet and Greet Baalveer Meet and Greet Gopi Raha
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: ANTV New Program 2018
~ A > TURKISH SERIES See REALITY SHOW WOUNDED LOVE LOCALSERIES«, EES S ANIMATION MUNCIE Be TRUNKNEW BS 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 terhadap 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—Dec 2017 ; TA 15+UM1, 11 Cities 4.3 2.0 1.7 1.4 TVONE METRO KOMPAS INEWS Source: Nielsen - 11 Cities; Share; 15+ Upper Middle1; 1 Jan–31 Dec 2017 29
Slide 30: tvOne #1 for Breaking News Always
tvOne #1 for Breaking News “Always” Basuki Tjahaja Purnama Firecracker Storage Rakyat Memilih Memilih Pemimpin Jakarta Bomb in Kampung Melayu Verdict Explosion 15 Feb ‘17 06:30-23:00 16 Apr ‘17 07:00-20:30 24 May ‘17 22:00-02:30 9 May ‘17 07:00-14:00 26 Oct ‘17 13:30-16:30 10.3 8.4 8.8 7.5 6.0 5.3 4
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 1,740 1,467 1,435 1,339 1,292 KABAR PETANG LIPUTAN 6 SEPUTAR LINTAS PETANG KABAR HARI - TVONE PETANG - SCTV INEWS - RCTI - MNCTV INI(F04) - TVONE Source: Nielsen 11 Cities; Jan 1 – Dec 31, 2017; 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 1.3 0.9 0.7 0.7 0.7 0.6 0.5 0.5 0.5 0.4 LAWYERS LAWYERS APA KABAR MATA DUA SISI - SUARA BENANG INDONESIA JANJI FORUM(F05) - CLUB - TVONE CLUB(R) - INDONESIA NAJWA(F05) - TVONE RAKYAT(F05) - MERAH - BUSINESS JOKOWI-JK - METRO TVONE MALAM
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 One Pride 15.6 15.5 UFC-INEWSTV 11.8 11.2 2.92 10.8 2.70 2.70 2.58 Pacquiao vs Ward vs Wilder vs Garcia vs Mosley vs Mayweather Vargas Barrera Szpilka Guerrero Avanesyan vs McGregor 06/11/2016 27
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 KOMPAST V 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 9.1 M 5.9 M followers followers followers 1.0 M 926.2 K 5.3 M followers likes likes 539.2K followers 243.4 K 1.5 M followers followers 247.2 K subscribers 139.0 K 184.9 K 120.4 K followers subscribers likes 44.7 K 11.2K subscribers followers 1.7 K 3.4 K s
Slide 39: Viva.co.id Portal generated 108 Mio Monthly Pageviews and 16 Mio Unique Visitors
Viva.co.id Portal generated 108 Mio Monthly (avg) Pageviews and 16 Mio Monthly (avg) Unique Visitors 02:35 16 MIO 105 MIO 38 MIO average time/ Unique Visitors Page Views Visits visit 2.75 Page views/ visit 10 MIO 24 MIO 5 MIO Desktop Site Mobile Site Mobile App Visit Visit Visit *All Social Media Da
Slide 40: 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) 1.384.670 DOWNLOAD (per 31 Dec 2017) 20.7 MN SCREEN VIEW (avg/mo) 1 MN VIDEO VIEW (avg/mo) LIVE STREAMING Pesbukers, Bollyvaganza,News, ILC, Liga Indonesia, One Pride MMA, 100, Damai Indonesiaku VIDEO O
Slide 41: 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 623 K DOWNLOAD 10.6 MN SCREEN VIEW (avg/mo) 1.2 MN 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 42: Our Digital Products aim to fill the gap of Youth
Our Digital Products aim to fill the gap of Youth • VIVA Group FTA Business Unit is very effective on Age Segment Above 35 + • Through Digital Initiatives, VIVA Media Group extending reach into youth segment while preparing the FTA business unit for potential future audience DIGITAL REACH AGE 6-14 1
Slide 43: Thank you
viva Thank you A Group member of viva fant] Viva so 43
Slide 44: Appendix
APPENDIX
Slide 45: Summary P&L (Rp bn)
Summary P&L (Rp bn) 2011 2012 2013 2014 2015 2016 Revenue 999 1,253 1,690 2,273 2,109 2,686 Growth (%) 11.9% 25.4% 34.9% 34.5% -7.2% 27.4% Programming and Broadcasting Cost (282) (429) (391) (709) (674) (825) Growth (%) -18% 52% -9% 81% -5% 22% G&A Expense (482) (498) (645) (698) (806) (1,003) EBIT
Slide 46: 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 2016 45% 96% 94% 95% 96% 95% 96% 20% 9% 44% 41% 37% 33% 30% 25% 21% 19% 16% 17% 14% 13% 13% 14% 12% 12% 7% 8% 8% 5% 5% 4% 3% 2% 2% TV Internet Radio Newspap
PT Visi Media Asia Tbk (VIVA Group) — Investor Presentation (January 2018) on 6ix