Pt Visi Media Asia Tbk Class A · IDX:VIVA
Pt Visi Media Asia Tbk Class A — Investor Presentation (August 2017)
39 slides from Pt Visi Media Asia Tbk Class A's investor presentation, Aug 31, 2017
Slide 1: VIVA Group Corporate Presentation
VIVA Group Corporate Presentation 31 August 2017
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) Male Female 78,4% 2016 2017 51.4 48.6 Upper 1 Upper 2 Middle 1 Middle 2 Lower Age 2016 2017 2016 2017 Female 51.1 51.4 Male 48.9 48.6 5-9 10-14 15-24 25-34 35-44 45-54 55+ Source: 1 Jan - 31 Aug
Slide 6: 2016 Media industry advertising expenditure increased by 53% since 2011
2016 Media industry advertising expenditure increased by 53% since 2011, still growing, FTA TV remain as the dominant media platform Industry Landscape by Media Partners Asia April 2017 (USD mn) 3,500 3,019 2,874 3,000 2,729 2,540 2,500 2,336 2,132 1,986 1,952 723 2,000 1,804 655 584 1,600 483 1,389
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 110 Gender Female 122 5-9 118 10-14 106 15-24 Age 25-34 35-44 117 45-54 107 155 55+ 111 196 Upper 1 Upp
Slide 8: Our Performance
OUR PERFORMANCE
Slide 9: VIVA is the fastest growing media group by far, increased TV Share by 92%
VIVA is the fastest growing media group by far, increased TV Share by 92% since 2011, top gainer from 2016 to 2017 MEDIA GROUP SHARE PERFORMANCE ENTERTAINMENT TV NEWS TV 2011 - 2017 RCTI 15.6 TVONE 3.7 ANTV 15.2 METRO 1.7 SCTV 13.4 INEWSTV 1.4 40 KOMPASTV 1.4 IVM 10.9 MNCTV 9.7 35 TRANS7 6.9 TRANS 5
Slide 10: Moderate 1H17 revenue growth of 9.1% YoY was still more than double competitors
Moderate 1H17 revenue growth of 9.1% YoY was still more than double growth of competitors Revenue Contribution Prime Time (PT) vs. Non- Prime Time (NPT) 1H16 1H17 (IDR bn) PT 33.6% 36.4% ANTV 3,000 NPT 66.4% 63.6% 2,685.7 PT 34.4% 32.9% tvOne 2,500 NPT 65.6% 67.1% 2,272.7 2,108.7 Gross Advertising b
Slide 11: VIVA group continues to control PB cost to revenues at 30-34%
VIVA group continues to control PB cost to revenues at 30-34%, PB cost per hour is half of competitors (IDR bn) % PB Cost to revenue VIVA vs. Peers 1,200.0 35.0% 32.0% (%) 1H 2016 1H 2017 31.2% 30.7% 29.0% 29.5% 30.0% 1,000.0 VIVA 29.0% 29.5% MNCN 41.4% 39.1% 23.1% 824.5 25.0% 800.0 SCMA 36.0% 35.6%
Slide 12: Tight cost management softened moderate 1H17 revenue growth
Tight cost management softened moderate 1H17 revenue growth, leading to 1% YoY increase in EBITDA (IDR bn) 1H 2016 1H 2017 Y-o-Y (%) Revenue 1,219.6 1,330.3 9.1% PB Cost 354.2 393.0 11.0% Op Expense 466.5 534.7 14.6% Depreciation 50.3 48.5 (3.5%) EBITDA 398.8 402.6 1.0% EBITDA Margin (%) 32.7% 30.3%
Slide 13: Historical performance provides optimism for future ability to outgrow industry
Historical performance provides optimism for future ability to outgrow industry growth and deliver EBITDA expansion (IDR bn) 2012A 2013A 2014A 2015A 2016A Revenue 1,253 1,690 2,273 2,109 2,686 Revenue Growth (%) 25.4% 34.9% 34.5% -7.2% 27.4% PB Cost (429) (391) (709) (674) (825) Op Expense (498) (64
Slide 14: ANTV
ANTV
Slide 15: ANTV dominant with the female audience
ANTV 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 2011 96 104 Female Male 130 2012 99 101 2013 102 98 2014* 104 96 120 2015 111 89 2016 125 75 110 2017** 122 78 100 90 80 70 60 Jan 2016 Feb 2017 Mar 20
Slide 16: ANTV's average TV Share in 2017 of 15.2% ranks #2 amongst FTA TV stations
ANTV’s average TV Share in 2017 of 15.2% ranks #2 amongst FTA TV stations, still continues to be above our target of Top 3 15.2 YTD ANTV’s share performance 14.0 RCTI 1.9 15.6 ANTV 1.9 15.2 11.4 SCTV 1.7 13.4 11.2 Share (%) IVM 1.3 10.9 MNCTV 1.2 9.7 TRANS7 0.8 6.9 TRANS 0.7 5.7 7.2 6.9 6.7 GTV 0.7
Slide 17: At ANTV we treat every daypart as a Prime Time
At ANTV we treat every daypart as a Prime Time 04.00 – 07.29 TVS % MORNING Slot #2 Kecil Kecil Mikir Jadi Manten(Rerun), Cantik Cantik (KIDS 5-14) Kucing Dapur (Rerun) 07.30 – 16.29 INDIAN SERIES Slot #1 Jamai Raja, Swaragini, Nakusha, Anandhi, (ALL PEOPLE) Madhubala 16.30 – 18.59 Evening Slot #1 (F
Slide 18: The Winning combination of local and outstanding foreign content
“The Winning” combination of local and outstanding foreign content DRAMA SERIES ENTERTAINMENT MORNING NEWS & SPORT PROGRAMS PROGRAMS CINEMA PROGRAMS 18
Slide 19: Bringing the stars closer to the audience develops brand loyalty
Bringing the stars closer to the audience develops brand loyalty Meet & Greet Veera Ketemu Uttaran Meet & Greet Lonceng Cinta Meet & Greet Thapki (All People) (All People) (All People) (All People) ANTV 2.1 ANTV 2.2 ANTV 2.4 ANTV 2.9 SCTV 1.8 TRANS7 1.7 RCTI 1.7 RCTI 1.9 MNCTV 1.7 RCTI 1.7 TRANS7 1.
Slide 20: 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 & 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 2017 20
Slide 21: ANTV's signature shows are linked to drama series
ANTV’s signature shows are linked to drama series 21
Slide 22: New Programs for ANTV 2017
New Programs for ANTV 2017 ANIMATION INDIAN SERIES Swaragini Kasam Swabhiman Ishqbaaz Shani Ek Tha Raja Ek Thi Rani Ek Hasina Thi 22
Slide 23: ANTV #10 Most Creatives Company 2017
ANTV #10 Most Creatives 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 23
Slide 24: tvOne
TVONE
Slide 25: tvOne #1 News and Sport FTA TV
tvOne #1 News and Sport FTA TV NEWS TV AUDIENCE SHARE Jan—Aug 2017 ; TA 15+UM1, 11 Cities 4.1 2.2 1.8 1.7 TVONE METRO INEWS KOMPAS Source: Nielsen - 11 Cities; Share; 15+ UpperMiddle1; 1 Jan–31 Aug 2017 25
Slide 26: tvOne #1 for Breaking News Always
tvOne #1 for Breaking News “Always” Choose Jakarta Leader Bomb in Kampung Melayu Ahok Trial Special News Rakyat Memilih Special News Ahok Verdict Breaking News Breaking News 24 May ‘17 Breaking News 16 Apr ‘17 3 Jan ‘17 08:30-09:30 15 Feb ‘17 06:30-23:00 9 May ‘17 07:00-14:00 22:00-02:30 07:00-20:30
Slide 27: tvOne the #1 source for global coverage by International media
tvOne the #1 source for global coverage by International media 27
Slide 28: tvOne #1 Talk Show Programs to supplement leading news coverage
tvOne #1 Talk Show Programs to supplement leading news coverage 1.3 0.9 0.8 0.7 0.7 0.6 0.6 0.5 0.5 0.5 LAWYERS LAWYERS KARNI ILYAS APA KABAR NAJWA(F05) - KARNI ILYAS RAKYAT(F05) RAKYAT(F05) WAWANCAR DUA SISI - WAWANCAR INDONESIA CLUB(R) - (R) - TVONE BLAK-BLA - KAPOLRI & PRESIDEN A KHUSUS A KHUSUS
Slide 29: tvOne #1 Fight Sport Programs
tvOne #1 Fight Sport Programs TOP WORLD BOXING LIVE (AUDIENCE SHARE) 17.7 15.6 15.5 2.92 ONE PRIDE MMA 11.8 11.2 (MILLION REACH*) 10.8 2.72 2.70 Pacquiao vs Ward vs Wilder vs Garcia vs Mosley vs Mayweather Vargas Barrera Szpilka Guerrero Avanesyan vs 06/11/2016 27/03/2016 17/01/2016 24/01/2016 29/05
Slide 30: Strengthening content offering with domestic soccer league
Strengthening content offering with game changing domestic soccer league that is generating TVS of 7.8 LIGA 1 ALL MATCH 203 LIGA 2 58 261 TVR TVS Liga 1 & Liga 2 1.4 7.8
Slide 31: Our Digital
OUR DIGITAL
Slide 32: Viva.co.id Portal generated 116 Mio Monthly Pageviews
Viva.co.id Portal generated 116 Mio Monthly (avg) Pageviews and 15 Mio Monthly (avg) Unique Visitors 02:48 15 MIO 116 MIO 39 MIO average time/ Unique Visitors Page Views Visits visit 2.87 Page views/ visit 11 MIO 23 MIO 5 MIO Desktop Site Mobile Site Mobile App Visit Visit Visit Source: Google Analy
Slide 33: Over 26 million social media followers
Over 26 million social media followers 83.7K 835.0 K 5.7 M likes likes likes 538.9K 117.0 K 1.5 M followers subscribers followers 135.9 K 9.0 M 26.4 K subscribers followers subscribers 4.0 M 149.5 K 5.9 M followers followers followers 924 K 118.3 K followers followers 3.4 K 1.3 K followers subscribe
Slide 34: Launching new channels and microsites constantly evolving
Launching new channels and microsites constantly evolving Web Mobile Web Mobile Platform Platform Application 34
Slide 35: Thank you
viva Thank you A Group member of viva fant] Viva so
Slide 36: Appendix
APPENDIX
Slide 37: Summary P&L
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 38: Media penetration, TV & internet simultaneous consumption
Media penetration, TV & internet simultaneous consumption 93%, our strategy is to operate in both platforms Simultaneous Media Consumption 2012 2014 45% 93% 20% 9% Source: AGB Nielsen Media Research
Slide 39: Indonesia is the sleeping giant for digital media!
Indonesia is the sleeping giant for digital media! 2015 2016 2015 2016 2015 2016 129 % 130 % 28.2 % 54 % 88.1 M 105 M (est) (est) Mobile Penetration Smartphone Penetration Internet User Mobile Phones Laptop & Desktops Tablets Share of Web Page Views* 70 % 28 % 2% *) Based on each device’s share of t
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