Media & Investments Corporate Presentation - NETWORK 18 Results... · 50% JV with Lokmat group IBN...
Transcript of Media & Investments Corporate Presentation - NETWORK 18 Results... · 50% JV with Lokmat group IBN...
Corporate PresentationFY16-17
Media & Investments
OVERVIEW
2
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
3
4
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
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
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)
FINANCIAL SUMMARY
7
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
8
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)
TV18 Annual Financials – A snapshot
9
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%
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
11
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
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
BROADCASTING - GENRE-WISE DETAILS
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All viewership information is based on Q4FY17 BARC data in their respective genres
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
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
National News : Viewership share – Business and General News
16
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%
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
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%
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%
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
Infotainment : Viewership share
21
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%
Hindi Mass Entertainment Channels
22
Key Demographics
Competition
Programming
Launch Date
Hindi Mass Entertainment Channels : Viewership share
23
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%
Regional Entertainment
24
*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
25
Regional Entertainment – Viewership share
25
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%
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
26
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
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
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%
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
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%
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
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.
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
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
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
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
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
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
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.
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
Vision and Strategy
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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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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.