DIGITALBOX PLC (DBOX) — FY24 Results

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to the DIGITALBOX PLC Investor Presentation. Throughout this quarter presentation, will be in listen only mode. Questions are encouraged and they can be submitted at any time by the Q and A tab situated in the right corner of your screen. Simply type in your questions and press send. The company may not be in a position to answer every question received in the meeting itself. However, the company can review the questions submitted today and publish responses where it's appropriate to do so. Before we begin, I'd like to submit the following poll. I'd now like to hand you over to Marcus Rich, chair. Good morning to you, sir. Good morning. Thank you. Good morning, everyone, and welcome to the DIGITALBOX twenty twenty four annual results presentation. I am Marcus Rich, the nonexecutive chairman. I will be joined by James Carter, CEO Jim Douglas, COO and Richard Spillsbury, CFO, who will take you through the 2024 results. The digital media landscape has changed significantly since 2022. Along with other notable consumer listed media companies, it has taken a while to navigate the turbulence caused by the major platforms, Google and Meta, as they respond to the threat of AI by reducing the audiences to media owners for both advertising and affiliate marketing. Under Google's EEAT, which is experience, expertise, authoritativeness, and trustworthiness, we have now seen how specialist content can rank better than generalist. And we've shifted our focus to subdividing the entertainment space into niches with launches such as Emmerdale Insider and Royal Insider. We have essentially worked through the process of these platform changes to see a path for growth moving forward. The team will update on success to date, but an accelerated strategy of organic...