Media & Investments Corporate Presentation - NETWORK 18 Results... · 50% JV with Lokmat group IBN...

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Corporate Presentation FY16-17 Media & Investments

Transcript of Media & Investments Corporate Presentation - NETWORK 18 Results... · 50% JV with Lokmat group IBN...

Page 1: Media & Investments Corporate Presentation - NETWORK 18 Results... · 50% JV with Lokmat group IBN Lokmat 51% subsidiary - JV with A+E Networks ... TV18 group is a ~Rs 2700Cr media

Corporate PresentationFY16-17

Media & Investments

Page 2: Media & Investments Corporate Presentation - NETWORK 18 Results... · 50% JV with Lokmat group IBN Lokmat 51% subsidiary - JV with A+E Networks ... TV18 group is a ~Rs 2700Cr media

OVERVIEW

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Page 3: Media & Investments Corporate Presentation - NETWORK 18 Results... · 50% JV with Lokmat group IBN Lokmat 51% subsidiary - JV with A+E Networks ... TV18 group is a ~Rs 2700Cr media

Key Strengths

Key Strengths

Leading Media company in India with largest bouquet of channels (49 domestic

channels and 13 international beams), and a substantial digital presence

Market-leader in multiple genres (Business News #1, Hindi General

Entertainment #2, Kids #1, English Entertainment #1)

Marquee Digital properties (MoneyControl, BookMyShow) & Entry into

OTT video (VOOT) provides option value and content synergy

“Network effect” and play on Vernacular media growth - Benefits of

Regional portfolio across News (14) and Entertainment (6) channels

Experienced & Professional management team, Strong promoters

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2016+Filling whitespaces, umbrella branding,

thrust on digital

2012-2015Regional entry to tap vernacular market

2005-2011Entry into Entertainment and Digital

1999-2005Built core platforms and launched

flagships

• OTT video platform, revamp of portals

• Hindi Movie and Music channels

• News (TV+Digital) expanded and relaunched

• ETV acquisition (Regional News +Entertainment)

• Indiacast setup for distribution of TV bouquet

• NW18 acquired by RIL, corporatization thrust

• JVs with Viacom & A+E networks, Forbes

• Invest in Home shopping, Online Ticketing

• News, Opinions & Info portals

• Business News (CNBC cluster)

• General News (IBN cluster)

• Finance portal (MoneyControl)

Building India’s leading media company

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Digital ContentDigital Commerce

(Investments)

Network18

Broadcasting

Entertainment

News

Infotainment

Network18 holds ~51% of subsidiary TV18. TV18 in turn owns 50% in Viacom18 and 51% in AETN18 (see next page for details)

Home shopping

EntertainmentTicketing

NW18 owns 57% in HS18, ~39% in BookmyShow, and ~7% in Yatra

Travel

Network18 group : TV & Digital media, specialized E-commerce & Print

~75% held by Independent Media Trust, of which RIL is

the sole beneficiary

Network18 holds ~92% in Moneycontrol. Others are in standalone entity.

Finance

News & Opinions

Infotainment

Print

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TV18 Group

Business News (4 channels)

General News (2 channels)

Entertainment (inc. Movie production / distribution & OTT)

Infotainment (2 channels)

Regional News (14 channels)

Distribution -INDIACAST

TV18 group – Broadcasting pure-play, across News & Entertainment

Regional Entertain. (6 channels in 5

geographies)

6

TV18

Panorama

VIACOM18

AETN18

100% subsidiary

Standalone entity

50% JV with Viacom Inc

50% JV with Lokmat group

IBN Lokmat

51% subsidiary - JV with A+E Networks

50:50 JV of TV18 & Viacom18

GENREENTITY CHANNELS

51.16% held by Network18

ETPL (Eenadu)Telugu Entertain.

(5 channels)24.5% holding (associate)

Operated by the Eenadu group, owned by Ramoji Rao (Hyderabad)

Page 7: Media & Investments Corporate Presentation - NETWORK 18 Results... · 50% JV with Lokmat group IBN Lokmat 51% subsidiary - JV with A+E Networks ... TV18 group is a ~Rs 2700Cr media

FINANCIAL SUMMARY

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OPERATING REVENUES (Rs Cr) FY17 FY16 Growth

A) NW18 standalone (News18.com + Firstpost primarily) 67 67 -1%

B) TV18 consolidated (Ind-AS) 979 925 6%

C) MoneyControl + HomeShop18 [C=D-B-A] 445 535 -17%

D) NW18 consolidated (as per Ind-AS) 1,491 1,527 -2%

E) Share of NW18 JVs & Associates (primarily BookMyShow) [E=F-D-G] 283 224 26%

G) Share of TV18 JVs (from TV18 segment reporting) 1,698 1,570 8%

F) NW18 group (as per proportionate consolidation) - Segment P&L 3,471 3,321 5%

PROFIT BEFORE TAX (Rs Cr) FY17 FY16 Growth

A) NW18 standalone (News18.com + Firstpost primarily) -119 -75 NM

B) TV18 consolidated (Ind-AS) -4 112 -104%

C) MoneyControl + HomeShop18 [C=D-B-A] -120 -11 NM

D) NW18 consolidated (as per Ind-AS) -243 26 -1034%

E) Share of NW18 JVs & Associates (primarily BookMyShow) [E=F-D-G] -141 -2 NM

G) Share of TV18 JVs (from TV18 segment reporting) 25 106 -77%

F) NW18 group (as per proportionate consolidation) - Segment P&L -359 129 -377%

Network18 Annual Financials – A snapshot

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See next page for TV18 details

HomeShop18 suffered due to macro-issues, while BookMyShowprofitability was hit due to intense competition.

FY17 was exceptionally weak due to impact of demonetization (H2) + lumped launches (H1)

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TV18 Annual Financials – A snapshot

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Viacom18 (entertainment) is a major part of TV18 group revenues, but is not line-by-line consolidated into TV18 financials under Ind-AS accounting as it is a 50% JV. We report TV18’s 50% share of Viacom18 earnings in segment financials (proportionately consolidated), as part of “Revenue from JVs” and “PBT of JVs”.

* Indiacast is a 50:50 JV between TV18 and Viacom18, hence effective holding by TV18 is 75%.

Regional News and Viacom18 suffer from low profitability due to substantial investments

FY17 was exceptionally weak due to impact of demonetization (H2) + lumped launches (H1)

OPERATING REVENUES (Rs Cr) FY17 FY16 Growth

A) TV18 standalone (Business + General News) 667 626 6%

B) Regional News (ex IBN-Lokmat) + Infotainment [B=C-A] 313 299 5%

C) TV18 consolidated (as per Ind-AS) 979 925 6%

D) 50% each of Viacom18 + IBN Lokmat + Indiacast [D=E-C] 1,698 1,570 8%

E) TV18 group (as per proportionate consolidation) - Segment P&L 2,677 2,495 7%

PROFIT BEFORE TAX (Rs Cr) FY17 FY16 Growth

A) TV18 standalone (Business + General News) 123 125 -2%

B) Regional News (ex IBN-Lokmat) + Infotainment [B=C-A] -127 -13 NM

C) TV18 Controlled businesses (as per Ind-AS) -4 112 -104%

D) 50% each of Viacom18 + IBN Lokmat + 75% of Indiacast* [D=E-C] 25 106 -77%

E) TV18 group (as per proportionate consolidation) - Segment P&L 21 217 -91%

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Investments into new initiatives in broadcasting

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TV18 group has cumulatively funded new initiative losses of ~Rs 533 Cr over past 2 years.

Regional and Digital the 2 key axes for growth via new launches

Substantial investments into revamping and rejuvenating bouquet of properties

* Viacom18’s total investment. TV18 shares 50% of the same.

New initiative losses / One time expenses (Rs Cr.) FY16 FY17

General entertainment - launches (inc regional & digital) 95* 266*

Regional news - launches 45 73

Factual entertainment - launches 0 27

Rebranding and re-launch 20* 7

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Business as usual – Impact of new initiatives on FY17 Profits

We disclose operating EBITDA loss of new initiatives for a period of 4 quarters post its launch as a “new initiative investment” in our quarterly release, to give visibility on business-as-usual (BaU) profitability.

Adjusting for new initiative losses, TV18 group’s (including proportionate share of JVs) FY17 segment operating EBITDA rose ~30% over FY16

61.5

132.9

72.7

6.827.4

7.0

308.3

236.3

0

50

100

150

200

250

300

350

FY17 segmentop. EBITDA

VOOT/ ColorsSuper/Rishtey

Cineplex

ETV - 3regionallaunches

Rebranding ofCNN IBN &

IBN7

FYI launch Stamp-dutyPrism TVmerger

FY17 BaUsegment op.

EBITDA

FY16 segmentop. EBITDA

Rs Cr Business-as-usual Segment Operating EBITDA - TV18 group

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NEWS

TV18 group is a ~Rs 2700Cr media group, with a market-cap of US$ 1bn

TV18 is the fourth largest broadcast group in the country after Star, Zee and Sony.

The group reaches 717 mn people, across News, Entertainment and Infotainment.

By FY17-end, viewership has grown substantially since the introduction of BARC ratings.• News : Share has grown to 8%, and continues to rise further driven by regional channels.• Entertainment : Share has grown to 10%, despite not having exposure to sports

TV18 group: Closing the gap with competition

ENTERTAINMENT (ex-Sports)

6.6% 5.3% 4.8% 5.2% 5.6% 8.0%0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

Q3

FY1

6*

Q4

FY1

6

Q1

FY1

7

Q2

FY1

7

Q3

FY1

7

Q4

FY1

7

TV18 News Zee ABPTV Today TV9 IndiaTVITV

8.9% 9.0% 9.6% 8.7% 9.3% 10.0%0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

Q3

FY1

6*

Q4

FY1

6

Q1

FY1

7

Q2

FY1

7

Q3

FY1

7

Q4

FY1

7

Viacom18 Sony Star Zee

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BROADCASTING - GENRE-WISE DETAILS

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All viewership information is based on Q4FY17 BARC data in their respective genres

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Key Demographics

Competition

OperatingMetrics

Launch Date

Audience : NCCS 25+ AB MaleSignificant OOH Viewers across HIG

Business People in Metros

Audience : NCCS 25+ AB Male, HSMChannel for people in Business across Hindi

Speaking Markets

CNBC TV18 garnered 57.7% viewership –greater than ET Now, NDTV Profit & NDTV

Prime and BTVi combined.*

Awaaz garnered 58.7% viewership is at No. 1. Zee Business is the other player.**

We created and dominate the Business News Genre~60% viewership share*** and over 68% market share in advertising****

Significant Out of Home Viewership (not captured by BARC) gives premium positioningPositive leverage to equity markets, Events and IPs provide resilience

Launched in 1999CNBC - Brand Licensor

Launched in 2005CNBC - Brand Licensor

Business News

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* Source: BARC| All India| NCCS AB Males 22+| Wk 1 to 13'17| All days, 24 hrs| Market shares basis 30min GTVTs

**Source: BARC| HSM| NCCS AB Males 22+| Wk 1 to 13'17| All days, 24 hrs| Market shares basis 30min GTVTs

***Source: BARC| All India| NCCS AB Males 22+| Wk 1 to 13'17 | All days, 24 hrs| Market shares basis 30min GTVTs

***Source: Internal Company Estimates

Page 15: Media & Investments Corporate Presentation - NETWORK 18 Results... · 50% JV with Lokmat group IBN Lokmat 51% subsidiary - JV with A+E Networks ... TV18 group is a ~Rs 2700Cr media

Key Demographics

Competition

OperatingMetrics

Launch Date

Audience : NCCS AB Male 22+, All IndiaEnglish Speaking,

HIG

Audience : NCCS All 15+, HSMChannel for the Masses in the Hindi

Heartland

Market Split among the Big 5CNN-News18, Times Now, Republic TV,

NDTV 24x7 & India Today Television

Highly Fragmented but substantially larger market compared to English NewsAaj Tak, India TV, ABP News, Zee News -

Competition in Top 5

Launched as CNN-IBN in December 2005; Re-launched as CNN-News18 in April

2016 CNN - Brand Licensor***

Acquired in 2006 from Dainik JagranRebranded from Channel 7 to IBN7;

Rebranded again from IBN7 to News18 India in Nov’2016

General News

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* Source : BARC| NCCS AB Male 22+| Wk 1-13’17| 24 Hrs| All Days| All India

In Q4 FY17, CNN-News18 was the #3 General English News channel with

18.2% viewership share.

#8 rank in Q4FY17 (8.8% viewership share) has now risen to #4 (10.1%) **

** Source: BARC| HSM| NCCS 15+| Wk 01-13 2017 and Wk 22-25 | All Days 24 hrs

***The Brand License agreement with CNN was renewed in December 2015 for a period of 10 years

Page 16: Media & Investments Corporate Presentation - NETWORK 18 Results... · 50% JV with Lokmat group IBN Lokmat 51% subsidiary - JV with A+E Networks ... TV18 group is a ~Rs 2700Cr media

National News : Viewership share – Business and General News

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Completely dominate the Business News genre General News seeing revival in traction, especially in Hindi

ENGLISH HINDI

BU

SIN

ESS

NEW

SG

ENER

AL

NEW

S

Aaj Tak, 16.6%

India TV, 13.9%

ABP News, 13.0%

Z News, 12.6%India News, 9.9%

News Nation, 9.0%

News 24, 8.8%

News18 India, 8.8%

TEZ, 2.9%

NDTV India, 2.3%

DD News, 1.9%Sahara Samay,

0.3%

Live India, 0.05%

Hindi

CNBC TV18,

57.70%

ET Now, 32.10%

NDTV Profit

/Prime, 7.50%

BTVi, 2.70%

CNBC Awaaz, 58.70%

Zee Business, 41.30%

Times Now, 40.1%

India Today Television,

19.5%

CNN News18,

18.2%

NDTV 24x7, 16.0%

News X, 4.2%

Wion, 2.1%

Page 17: Media & Investments Corporate Presentation - NETWORK 18 Results... · 50% JV with Lokmat group IBN Lokmat 51% subsidiary - JV with A+E Networks ... TV18 group is a ~Rs 2700Cr media

Regional News

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Language Marathi Urdu Hindi Hindi Hindi Hindi Hindi/Punjabi

Focus Markets MaharashtraAll Urdu Speaking Markets

RajasthanBihar

JharkhandMP

ChhattisgarhUP

Uttarakhand

Punjab,Haryana & Himachal P.

Launch date 2008 Aug 2001 Jan 2002 Jan 2002 Jan 2002 Jan 2002Mar 2014

(* Apr 2017)

Other details50:50 JV with Lokmat group

Channels acquired from Eenadu group in January 2014; to be migrated to News18 brandThese mature channels typically are in the top 3 in respective markets.

* Relaunchedunder News18

Language Bangla Kannada Gujarati Oriya Malayalam Assamese Tamil

Focus Markets West Bengal Karnataka Gujarat Odisha KeralaAssam

North-EastTamil Nadu

Launch date Mar 2014 Mar 2014 Jun 2014 May 2015 June 2016 June 2016 June 2016

Other detailsLaunched over FY16 – Q1FY17; will transition to News18 brand.

In various stages of ramp-up and gaining revenue traction.Launched in FY17 directly under News18 brand.

In early stages of establishing themselves.

14 regional channels dramatically increase our reach to over 27 million viewers across 26 states The regional cluster saw its share of overall TV News viewership rise from 1.8% to 4% in Mar-17

Page 18: Media & Investments Corporate Presentation - NETWORK 18 Results... · 50% JV with Lokmat group IBN Lokmat 51% subsidiary - JV with A+E Networks ... TV18 group is a ~Rs 2700Cr media

Regional News : Viewership share – Mature channels

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Maharashtra Urdu Rajasthan

Bihar/Jha. MP/Cha. UP/Uttara.

ABP Majha,

29%

Z 24 Taas, 25%

IBN Lokmat,

17%

TV9 Marathi,

12%

Jai Maharash

tra, 5%

Saam TV, 4%

Maharashtra One, 4%

Mi Marathi, 3%

Aalami Samay, 22.3%

ETV Urdu, 59.1%

Munsif TV,

18.6%

ETV Rajasthan

, 60.0%

India News Rajasthan, 2.1%

Sahara Samay Rajasthan,

4.9%

Zee Rajasthan News, 32.9%

ETV Bihar Jharkhand,

45.1%

Kashish News, 9.5%

Sahara Samay Bihar & Jharkhand,

8.8%

Zee Bihar Jharkhand,

36.5%

Bansal News, 10.3%

ETV Madhya Pradesh

Chattisgarh, 18.4%

IBC 24, 19.6%

India News MP, 0.7%

Sahara Samay MP & CG, 4.4%

Swaraj Express

SMBC, 1.4%

Zee Madhya Pradesh

Chhattisgarh, 45.4%

Buland News Samachar Plus, 8.5%

ETV UP UK, 13.8%

India News UP, 2.6%

K News India, 4.9%

National Voice, 3.0%

News State UP/UK, 65.4%

Sahara Samay UP UK, 1.8%

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Regional News : Viewership share – Channels under ramp-up

19 Kerala and Assam/NE have sub-5% market-shares presently.

Punj/Har/HP Bengal Karnataka

Gujarat Odisha Tamil Nadu

India News Haryana,

5.1%

Living India News, 4.0%

MH One News, 3.4%

News18 Punjab/Har/HP, 5.5%

PTC News, 37.9%

Total TV, 4.0%

Zee Haryana Himachal,

40.0%

24 Ghanta, 28.8%

ABP Ananda, 39.0%

ETV News Bangla, 7.8%

Kolkata TV, 8.4%

News Time Bangla, 6.5%

R Plus, 9.6%

BTV News, 6.9%

ETV News

Kannada, 10.2%

Praja TV, 5.2%

Public TV, 22.8%

Raj News Kannada,

1.8%

Suddi TV, 0.7%

Suvarna News 24x7, 11.4%

TV9 Kannada,

35.9%

Udaya News, 5.1%

ABP Asmita, 22.1%

ETV News

Gujarati, 17.1%Sandesh

News, 19.9%

TV9 Gujarati,

28.9%

VTV Gujarati, 12.0%

ETV News Odia, 4.1% Kalinga TV,

4.1%

Kanak TV, 12.9%

News World Odisha, 2.3%

News7, 22.5%

Odisha TV, 45.8%

Zee Kalinga News, 8.2%

News18 Tamil Nadu,

7.4%

News 7 Tamil, 9.5%

Polimer News, 22.7%

Puthiya Thalaimurai

, 17.7%

Raj News 24x7, 1.5%

Sathiyam TV, 10.5%

Seithigal, 5.3%

Sun News, 8.6%

Thanthi TV,

16.8%

Page 20: Media & Investments Corporate Presentation - NETWORK 18 Results... · 50% JV with Lokmat group IBN Lokmat 51% subsidiary - JV with A+E Networks ... TV18 group is a ~Rs 2700Cr media

Key Demographics

Competition

Content

And

Languages

Launch Date

Infotainment: Factual Entertainment & Lifestyle

Source: HISTORY TV18: BARC India TG:15+AB, Market: Mega Cities, Period: Week 22-25’2017 (24hrs)FYI TV18: BARC India TG: 15+ AB, Market: Mega Cities, Period: Week 14-21’2017 (24hrs)

Food, Relationship, Home are 3 pillarsEnglish, Hindi, Tamil ,Telugu

HISTORY TV18 is #1 Factual Entertainment FYI TV18 is #1 Lifestyle

HISTORY TV18 launched in 2011 FYI TV18 launched on 4th July’2016

Action, Adventure, Thrill with a Layer of HistoryEnglish, Hindi, Tamil ,Telugu

AETN18 is a 51:49 JV between A+E Networks & TV18.

NCCS 15+ AB NCCS 15+ AB

Page 21: Media & Investments Corporate Presentation - NETWORK 18 Results... · 50% JV with Lokmat group IBN Lokmat 51% subsidiary - JV with A+E Networks ... TV18 group is a ~Rs 2700Cr media

Infotainment : Viewership share

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History TV18 was #4 in its genre in Q4FY17, but has been a #1 or #2 regularly as well

Fyi TV18 has risen to #3 within a year of its launch

FACTUAL ETERTAINMENT LIFESTYLE

History TV18, 15.4%

Discovery Channel,

26.5%

National Geographic,

20.8%

Animal Planet, 18.7%

Nat Geo Wild, 13.4%

Discovery Science, 4.6%

Discovery Turbo, 0.6%

FYI TV18, 20.6%

Fox Life, 35.5%

TLC, 29.7%

NDTV Good

Times, 14.3%

Page 22: Media & Investments Corporate Presentation - NETWORK 18 Results... · 50% JV with Lokmat group IBN Lokmat 51% subsidiary - JV with A+E Networks ... TV18 group is a ~Rs 2700Cr media

Hindi Mass Entertainment Channels

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Key Demographics

Competition

Programming

Launch Date

Page 23: Media & Investments Corporate Presentation - NETWORK 18 Results... · 50% JV with Lokmat group IBN Lokmat 51% subsidiary - JV with A+E Networks ... TV18 group is a ~Rs 2700Cr media

Hindi Mass Entertainment Channels : Viewership share

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Colors is now a strong #2 GEC, and was #1 for 5 consecutive weeks in Q3FY17 also Rishtey has grown to #1 in the secondary GEC category Rishtey Cineplex grabbed ~7% viewership share within a year of launch (leader has 11%)

HINDI GENERAL ENTERTAINMENT HINDI MOVIES

STAR Plus +HD,

13.7%

Sony Pal +HD, 8.4%

Zee TV +HD, 9.4%

Colors +HD,

12.2%Other GECs, 56.3%

STAR Utsav, 7.4%

Life Ok, 7.2%

Sony Ent. TV,

8.1%SONY SAB, 7.1%

Zee Anmol,

7.5%

&TV, 3.5%

Big Magic, 3.0%

Rishtey, 8.5%

Others, 3.9%

4 PREMIUM GECS (~44% of the genre)

BREAKUP OF OTHER GECs (~56% of the genre)

Zee Cinema

+HD, 9.7%

Zee Anmol

Cinema, 7.5%

Sony MAX, 11.0%

Sony Wah, 10.0%

STAR Gold, 8.7%

STAR Utsav

Movies, 7.0%

Rishtey Cineplex,

6.9%

Others, 39.3%

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Regional Entertainment

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*Source: BARC| All India| NCCS 2+| All days, 24 hours| Avg. Monthly Reach - Individuals

Overview

Language Bengali Marathi Kannada Kannada Gujarati Oriya

Penetration* – Regional Market(in millions)

35 44 59 45 19 16

Overlap With Hindi Medium High Low Low Very High Low

Key Competitors Star Jalsha, Zee Bangla

Zee Marathi, Star Pravah

Udaya TV, Zee Kannada, Suvarna

UdayaComedy,

Kasturi TV, Suvarna Plus

DD GirnarTarang TV,Sarthak TV

Number Of Key Players 5 4 7 7 1 3

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Regional Entertainment – Viewership share

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Karnataka

Colors Kannada

+HD, 33.0%

Colors Super, 6.0%

Zee Kannada,

23.0%

Star Suvarna,

19.7%

Udaya TV (Sun TV),

12.3%

Others, 6.0%

Gujarat

Colors Gujarati,

72.4%

DD Girnar, 27.6%

Maharashtra

Zee Marathi

+HD, 57.5%

Zee Yuva, 5.6%

Colors Marathi

+HD, 19.2%

STAR Pravah +HD, 12%

DD Sahyadri, 5.4%

Others, 0.6%

Bengal

STAR Jalsha, 55.5%

Zee Bangla +HD, 34.2%

Sony Aath, 4.6%

Colors Bangla,

4.0%

Others, 1.7%

Odisha

Sarthak TV (ZEE),

56.2%

Tarang TV,

34.9%

Colors Oriya, 8.9%

Page 26: Media & Investments Corporate Presentation - NETWORK 18 Results... · 50% JV with Lokmat group IBN Lokmat 51% subsidiary - JV with A+E Networks ... TV18 group is a ~Rs 2700Cr media

Key Demographics

And

Positioning

Competition

Content

And

Languages

Launch Date

Audience : Kids Between 2-14, NCCS ABC‘Fun Unlimited’

Audience : Boys Between 10-14‘A channel for the action loving generation’

Focus on ‘Comedy and Humor’English, Hindi, Tamil and Telugu

Focus on ‘Action and Adventure’English, Hindi, Marathi and Bengali

Nick Launched in 1999One of the Oldest Kids Offerings

Nick Jr. launched in 2012

Launched in 2011Akshay Kumar - Brand Ambassador

Kids Genre

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Page 27: Media & Investments Corporate Presentation - NETWORK 18 Results... · 50% JV with Lokmat group IBN Lokmat 51% subsidiary - JV with A+E Networks ... TV18 group is a ~Rs 2700Cr media

27

NICK, 20.6%

Pogo TV, 16.4%

Cartoon Network,

13.9%

Hungama, 12.3%

Disney Channel,

11.6%

Sonic*, 9.9%

Disney XD*, 5.4%

Others, 9.9%

Kids Genre : Viewership share

Viacom18 stable enjoys the #1 rank in the Kids genre with 32% viewership across its channels (Disney and Turner bundles are ~30% each)

Nickelodeon is the #1 kids channel overall by a substantial margin * In the sub-segment targeting 10-14 boys, Sonic is the #1 channel

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Key Demographics

And

Positioning

Competition

Content

Launch Date

Audience: CS 15- 21, NCCS All, HSM ‘Stay Raw’

Focus on Music and Reality Shows like the iconic MTV RoadiesMulti Platform Engagement with Youth – Television, Digital, Mobile, Live Events and

Merchandise

Launched in 1996One of India’s most enduring, loved and

rewarded Youth Brands*

Youth & Music

28

*Source: Internal Company estimate basis various consumer studies

Audience: CS 15- 30, NCCS All, HSM ‘Non-stop music ka one-stop channel’

Launched in 2017

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Youth & Music : Viewership share

29

MTV is an iconic youth brand, which also enables merchandising and other non-display revenue opportunities. MTV cafes have been setup in 2 cites (Delhi, Chandigarh) too

MTV Beats (24x7 Hindi Music) was launched last year, replacing MTV Indies (Independent artists’ music) on TV. MTV Indies is now a digital exclusive.

YOUTH MUSIC

Zoom (Times), 27.6%

Zing (ZEE), 27.4%

MTV (Viacom18),

25.8%

Bindaas (Disney),

19.3%9XM, 24.5%

Mastiii, 23.1%B4U

Music, 14.3%

Sony MIX,

12.2%

MTV Beats +HD, 9.4%

Others, 16.6%

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Key Demographics

Competition

Content

And

Positioning

Launch Date

Audience: CS 15-40, NCCS AB, Mega Cities (6 metros: Delhi, Mumbai, Kolkata, Bangalore, Hyderabad, Chennai)

International Music and Entertainment

Own ‘English Music’ in India

Comedy 360O

Own ‘Funny’ in India‘Your Happy Place’

Internationally acclaimed lineup that is Edgy,

Contemporary & Gripping.‘New Horizon for English

Entertainment’

Launched in 2005 Launched in 2011 Launched in 2015

English Entertainment

30

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English Entertainment : Viewership share

31

Viacom18’s channels dominate the genre with >40% combined market-share VH1 is a genre leader, led by its mix of Music and Entertainment content The genre is a niche, and is currently challenged by digital consumption

VH1 (Music+GEC),

23.3%

Comedy Central +HD,

10.6%

Colors Infinity +HD, 7.3%

STAR World +HD,

11.3%

AXN +HD, 15.8%

9X Media, 13.8%

Zee Café +HD, 12.4%

Others, 5.6%

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Competition

Business

• Acquisition, production, syndication, marketing and distribution of full length feature films within India and distribution of Indian films in several international markets

• It has a strategic alliance with Paramount Pictures to distribute and market its films in the Indian subcontinent

Motion Pictures

32

Viacom18 Motion Pictures

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Digital Ventures

33

• Viacom18’s video on-demand platform “VOOT” launched in May’16

• Over 25mn gross downloads

• Over 17,000 hours of content for audiences with varying choices and

preferences, covering all Viacom18 Network content, Originals and some

selective kids content from other networks too

• Selected among ‘Top Trending’ and ‘Most Entertaining’ Apps of 2016 by

Google Play Store

• >40mins viewership time per day per viewer on average

Viacom18 Digital Ventures

Gripping, unique and binge worthy content, exclusively on Voot. Engaging dramas, comedies, spoofs and everything in between.

Voot boasts of the biggest bouquet of Kids content - The most popular series and the most popular characters of the likes of Motu Patlu, Chhota Bheem, Pokemon, Kung Fu Panda, Dora, and SpongeBob – all at one convenient location.

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Integrated Network Solutions & Consumer Products

34

LIVE provides creative ways of bringing together brands and

modern consumers through unforgettable live experiences

and original branded content.

• 350+ successfully executed shows

• Pioneering experiential entertainment and building a Music

& Entertainment ecosystem

Integrated Network Solutions

Viacom18 Consumer Products is a significant player in the ever

growing consumer products space with its diverse portfolio.

Through various associations, Viacom18 has cut beyond the

conventional categories giving the consumers a slice of its brands

such as MTV, Vh1, Nickelodeon, Comedy Central along with a

growing portfolio of acquired third party brands.

Consumer Products

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Indiacast – Content Distribution and Syndication

35Source :Indiacast Media Distribution Pvt Ltd

2

3

4

5

Domestic

International Business

New Media

Global

Distribution

& Reach

Device

agnostic

1

Linear

Assets

Sweat ipr

Diverse

content

Subscription Revenues

Subscription & Advertising Revenues

Maximize Revenue | Maximize Reach

Subscription Revenues

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DIGITAL – KEY PROPERTIES

36

All Digital properties except VOOT are part of Network18 group, and do not fall under TV18 group.

Data as of June 2017

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MoneyControl (Business and Finance portal)

India’s leading, genre-defining finance portal with a record of excellence for 16 years Users consume ~1.8X more pages and spend ~1.7X more time on Moneycontrol, compared

to the competition.

FOCUSSING ON INNOVATION: As part of revamp, progressing to news reporting and personal finance Mobile app won “best app for business” award at Mobile World Congress Shanghai 2017 One of the first platforms in the country to be available on Facebook Messenger in a bot-

sized package, allowing users to chat with Moneycontrol to get the latest updates and news

4.711.7

0 2 4 6 8 10 12 14

Moneycontrol

Economic Times

Business-Standard

Livemint

Financial Express

NDTV Profit

Yahoo India FinanceUVs (mn)

M-Site Desktop

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News18.com (Digital News destination) – erstwhile IBNLive.com

Primary digital destination of the group for all news

IMPETUS ON VERNACULAR AND HIGH-IMPACT CATEGORIES Relaunched under umbrella brand News18 in FY17, and merged all languages under it. News in Urdu, Gujarati and Bengali apart from Hindi already available. Plans for more. Sub-brand CricketNext is one of the top 3 Cricket properties Sub-brand CompareIndia provides Tech product information, comparisons and reviews

6.521

0 10 20 30 40 50

Times ofIndia

NDTV

News18

IndianExpress

HindustanTimes

Firstpost

Hindu

HuffingtonPost

UVs (mn)

M-site Desktop

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Firstpost (Opinions portal)

Provides diverse opinions on varied topics including politics, economy, sports and movies Widely acknowledged, usually appears within top-3 searches on any contemporary topic

BROADENING ITS PORTFOLIO Firstpost Hindi was launched to address the Hindi-speaking markets and expand reach F. Studio – creates videos and content to cater to the millennials Already includes sub-brand “fakingnews.com”

5.712.4

0 10 20 30 40 50

Times ofIndia

NDTV

News18

IndianExpress

HindustanTimes

Firstpost

Hindu

HuffingtonPost

UVs (mn)

M-site Desktop

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HomeShop18 (TV and digital shopping)

One of the largest home-shopping platforms in India

LEGACY OF EXCELLENCE Pioneered TV Home Shopping in India in 2008 through a 24 hour TV channel Omni-channel sales through not just TV but also Internet and Mobile Impressive portfolio of over 14 million SKUs Logistical reach of over 3000 pin-codes

CHANGE IN STRATEGY Macro/Regulatory issues, Competition from e-commerce had hurt TV-shopping sector Demonetization hurt primary mode of payment for TV shopping, i.e. cash-on-delivery.

Impact is now abating. Issues of entry tax in certain states now ironed out due to GST implementation Focus on only value-accretive categories to push towards break-even

The board of directors recently approved a combination of HomeShop18 with another leading TV shopping platform ShopCJ; to improve their standing in the competitive digital commerce space by utilizing synergies and gaining scale.

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BookMyShow (Online ticketing for movies and events)

India’s leading entertainment ticketing platform, with movie bookings as the prime driver

MULTIPLE STRENGTHS An average of over 90 million visits per month by end-FY17 Strong 27% growth in bookings in FY17 despite stiff competition which has dragged

profitability Widely acclaimed app and website, won the award for ‘Best Omni-channel Customer

Experience Brand’ at the One Direct Quest Customer Experience (QuestCX) Awards

DIVERSIFIYING BUSINESS Impetus into event ticketing (sports, live events, stand-up comedy, experiential tours, etc) Forayed into content (movie database and ratings, video and radio-style audio content) Entered management of cinema F&B through integrations with cinemas Launched platform in Indonesia (full-fledged), UAE and Sri Lanka (cricket) One of India’s largest wallets, with 6.5mn activations by March 2017

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Vision and Strategy

42

We aim to be a channel-agnostic provider of top-drawer content. Our strategy is to bepresent in all key market-segments where we believe profitable growth is possible in themedium-term. The vision is to consolidate our position as India’s top media house withunparalleled reach, and touch the lives of Indians across geographies and genres.

NEWS

National : Grow flagships ahead of market and maintain leadership positions Regional : Drive bouquet (6 old + 8 new channels) profitability through viewership Create non-display properties (events, awards, etc) which can drive outperformance

ENTERTAINMENT

Monetize premium positioning and viewership traction of flagship channels Enter into more regional markets and incubate segmented offerings Create alternate revenue streams (OTT, Experiential, Gaming, Merchandise)

DIGITAL CONTENT Emerge as the top digital cluster in the country, and leverage network synergies Extend brands into segments which have a coherence with existing content Drive engagement through marrying vernacular content with digital delivery

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43

Disclaimer

This presentation is issued by Network 18 Media & Investments Limited (the “Company”) forgeneral information purposes only and does not constitute a solicitation or offer or invitation tosell or issue any securities of the Company, nor shall it be relied on in connection with anycontract. This presentation may include statements which may constitute forward-lookingstatements such as statements about the strategy for growth, business development, marketposition, expenditures, and financial results. However, it should not be relied upon as arecommendation or forecast by the Company. Please note that the past performance of theCompany should not be considered as indicative of future results. The actual results orperformance of the Company could differ materially from those projected in any such forward-looking statements. The Company does not undertake to revise any forward-looking statementmade by or on behalf of the Company. None of the Company, its Directors, Promoter or affiliatesor any of their respective employees, advisers or representatives accepts any responsibility orliability whatsoever, arising in tort, contract or otherwise, for any errors, omissions orinaccuracies in such information or for any loss or damage suffered, directly or indirectly, fromuse of this document or its contents and makes no representation or warranty, express orimplied, for the contents hereof including its accuracy, fairness or completeness . Any opinions orinformation expressed in this presentation are subject to change without notice.

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Thank You

44

For Further information on business and operations please write [email protected]