Media & Investments Corporate Presentation - FY17-18 - NETWORK18
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Media & Investments
Corporate Presentation
FY17-18
OVERVIEW
2
Key Strengths
Leading Media company in India with largest bouquet of channels (53 domestic
channels and 16 international beams), and a substantial digital presence
Market-leader in multiple genres (Business News #1, Hindi General
Entertainment #1 Urban, Kids #1, English Entertainment #1)
Key
Strengths “Network effect” and play on Vernacular media growth - Benefits of
Regional portfolio across News (14) and Entertainment (7) channels
Marquee Digital properties (MoneyControl, BookMyShow) & Entry into
OTT video (VOOT) provides option value and content synergy
Experienced & Professional management team, Strong promoters
3
Building India’s leading media company
2016+ • OTT video platform, revamp of portals
Filling whitespaces, umbrella branding, • Hindi Movie and Music channels
thrust on digital • News (TV+Digital) expanded and relaunched
• ETV acquisition (Regional News +Entertainment)
2012-2015 • Indiacast setup for distribution of TV bouquet
Regional entry to tap vernacular market • NW18 acquired by RIL, corporatization thrust
• JVs with Viacom & A+E networks, Forbes
2005-2011 • Invest in Home shopping, Online Ticketing
Entry into Entertainment and Digital • News, Opinions & Info portals
1999-2005 • Business News (CNBC cluster)
Built core platforms and launched • General News (IBN cluster)
flagships • Finance portal (MoneyControl)
4
Network18 group : TV & Digital media, specialized E-commerce & Print
~75% held by Independent
Media Trust, of which RIL is Network18 Print
the sole beneficiary
Digital Commerce
Digital Content Broadcasting (Investments)
Finance News Home
shopping
Entertainment Entertainment
News & Ticketing
Opinions
Infotainment Travel
Network18 holds ~51% of subsidiary TV18.
NW18 owns ~44% in HS18, ~39% in
Infotainment TV18 in turn owns 51% in Viacom18 and
BookmyShow, and ~7% in Yatra
51% in AETN18 (see next page for details)
Network18 holds ~92% in Moneycontrol.
Others are in standalone entity.
TV18 group – Broadcasting pure-play, across News & Entertainment
ENTITY GENRE CHANNELS
Standalone entity Business News
(4 channels)
TV18
TV18
General News
Group (2 channels)
100% subsidiary
51.16% held by Panorama
Network18
Regional News
50% JV with Lokmat group
(14 channels)
IBN Lokmat
AETN18 Infotainment
(2 channels)
51% subsidiary - JV
with A+E Networks
Entertainment
VIACOM18 (inc. Movie production
/ distribution & OTT)
51% subsidiary - JV with
Viacom Inc
Regional Entertain.
Distribution -
(7 channels in 6
INDIACAST
geographies)
50:50 JV of TV18 & Viacom18
Telugu News & Operated by the Eenadu group, owned by
ETPL (Eenadu) Entertainment . Ramoji Rao (Hyderabad)
24.5% holding (associate) (5 channels)
6
FINANCIAL SUMMARY
7
Network18 and TV18 Annual Financials – A snapshot
restated for current structure of ownership
OPERATING REVENUES (Rs Cr) FY18 FY17 Growth
A) Business + General News (TV18 standalone) 735 667 10%
B) Regional News (ex IBN-Lokmat) + Infotainment 297 316 -6%
C) Entertainment (Viacom18+Indiacast) 3,781 3,160 20%
D) TV18 Consolidated 4,813 4,142 16%
E) NW18 Digital and Print 213 191 12%
F) Network18 Consolidated 5,027 4,333 16%
OPERATING EBITDA (Rs Cr) FY18 FY17 Growth
A) Business + General News (TV18 standalone) 157 122 29%
B) Regional News (ex IBN-Lokmat) + Infotainment -115 -91 NM
C) Entertainment (Viacom18+Indiacast) 198 139 43%
D) TV18 Consolidated 240 170 41%
E) NW18 Digital and Print -53 -38 NM
F) Network18 Consolidated 187 132 42%
For a better understanding of group performance and comparability considering the corporate actions as below, the financials are being
restated and represented by consolidating Viacom18 and Indiacast and excluding HomeShop18 throughout.
• Network18 subsidiary TV18 took operational control and increased its stake to 51% in Viacom18 by acquiring 1% equity from JV partner
Viacom Inc. Viacom18 and Indiacast became subsidiaries of TV18 from 28th February 2018 and hence the reported financials of
TV18/Network18 consolidate these entities now.
• HomeShop18 ceased to be a subsidiary of Network18 from 15th Feb 2018, as a result of its acquisition of ShopCJ through a share-swap.
IBN Lokmat being a 50:50 JV, it is not consolidated under Ind-AS accounting. Above financials also do not include associate companies
(primarily Eenadu TV for TV18; BookMyShow and HomeShop18 for Network18) where Network18/TV18 have minority stakes.
8
Investments into new initiatives in TV18
Focusing on filling whitespaces scaling up in areas of leadership over last 3 years
National News – No new channels. CNBCTV18.com launched in April 2018 (not included below)
Regional News – 8 new channels over past FY16-FY17
Infotainment – Lifestyle channel ‘FYI’ in early-FY17
Entertainment – OTT platform VOOT, Second Kannada GEC Color Super, Music channel MTV
Beats, HD feeds for 3 regional channels (all early FY17), Tamil GEC Colors Tamil (late FY18)
Regional and Digital the 2 key axes for growth via new launches
New initiative losses (Rs Cr.) FY16 FY17 FY18
General entertainment - launches (inc regional & digital) 95 266 45
Regional news - launches 45 73
Factual entertainment - launches 0 27
Rebranding and re-launch 20
TOTAL : New initiative losses * 160 366 45
* We define new initiative losses as the operating losses of any major new launch or project, which we declare for a
period of 4 quarters from launch at an aggregate entity level. The purpose is to allow an understanding of Business-
as-usual profitability for the entity vs the prior period, as well as the trajectory of losses for the new initiative over
the first year of its operations. A new initiative gets subsumed into Business-as-usual post this period, though the
actual gestation period may be longer (and hence losses may continue beyond these 4 quarters).
9
TV18 group: Closing the gap with competition
TV18 group is a ~Rs 5000Cr media group, with a market-cap of US$ 1.8bn
TV18 is the fourth largest broadcast group in the country after Star, Zee and Sony.
The group reaches 700+ mn people, across News, Entertainment and Infotainment.
Portfolio viewership continues to grow.
• News (#2): Share has grown to 9.5%, and continues to rise further driven by regional channels.
• Entertainment (#3 ex-sports) : Share has grown to 11.3%, despite not having exposure to sports
• Infotainment (#2) : Niche genre within entertainment
NEWS ENTERTAINMENT (ex-Sports)
25.0%
13.0%
20.0%
11.0%
9.0% 15.0%
7.0%
10.0%
5.0%
3.0% 5.0%
1.0% 6.6% 5.3% 4.8% 5.2% 5.6% 8.0% 9.1% 9.3% 9.2% 9.5% 9.5% 9.7% 10.4% 9.6% 10.5% 11.0% 10.7% 10.7% 11.0% 11.3%
0.0%
Q3FY17
Q3FY18
Q3FY16*
Q4FY16
Q1FY17
Q2FY17
Q4FY17
Q1FY18
Q2FY18
Q4FY18
-1.0%
Q3FY17
Q3FY18
Q3FY16
Q4FY16
Q1FY17
Q2FY17
Q4FY17
Q1FY18
Q2FY18
Q4FY18
TV18 News Zee ABP Viacom18 Sony Star Zee
TV Today TV9 IndiaTVBROADCASTING - GENRE-WISE DETAILS
All viewership information is based on Q4FY18 BARC data in their respective genres
11Business News
Audience : NCCS 25+ AB Male Audience : NCCS 25+ AB Male, HSM
Key Demographics Significant OOH Viewers across HIG Channel for people in Business across Hindi
Business People in Metros Speaking Markets
Competition CNBC TV18 garnered 68% viewership – Awaaz garnered 73% viewership is at No. 1.
greater than ET Now & BTVi combined. Zee Business is the other player.
We created and dominate the Business News Genre
Operating ~68% viewership share and over 75% market share in advertising****
Metrics Significant Out of Home Viewership (not captured by BARC) gives premium positioning
Positive leverage to equity markets, Events and IPs provide resilience
Launch Date Launched in 1999 Launched in 2005
CNBC - Brand Licensor* CNBC - Brand Licensor
*The Brand License agreement with CNBC was renewed till March 2028.
***Source: Internal Company Estimates
12General News
Audience : NCCS AB Male 22+, All India Audience : NCCS All 15+, HSM
Key Demographics English Speaking, Channel for the Masses in the Hindi
HIG Heartland
Market Split among the Big 5 Highly Fragmented but substantially
Competition Republic TV & Times Now are leaders, larger market compared to English News
CNN News18, NDTV 24x7 & India Today Aaj Tak, India TV, ABP News, Zee News -
Television are the challengers Competition in Top 5
In Q4 FY18, CNN-News18 was the #4
Operating #8 rank in Q4FY17 (8.8% viewership
General English News channel with
Metrics share) has now risen to #5 (11.1%)
10.2% viewership share.
Launched as CNN-IBN in December 2005; Acquired in 2006 from Dainik Jagran
Launch Date Re-launched as CNN-News18 in April Rebranded from Channel 7 to IBN7;
2016 Rebranded again from IBN7 to News18
CNN - Brand Licensor*** India in Nov’2016
***The Brand License agreement with CNN was renewed in December 2015 for a period of 10 years
13National News : Viewership share – Business and General News
Completely dominate the Business News genre
General News seeing revival in traction, especially in Hindi
ENGLISH HINDI
BTVi,
7.8%
BUSINESS NEWS
Zee
ET Now, Business,
24.1% 27.3%
CNBC
TV18, CNBC
68.1% Awaaz,
72.7%
Others,
11.1% Others,
GENERAL NEWS
19.8%
Aaj Tak,
NDTV 24x7,
7.7% 15.5%
Republic TV, India
30.6% News,
CNN 8.2% India TV,
News18, 12.5%
10.2%
India Today
Times Now, 25.7% News ABP Zee
Television,
Nation, News, News,
14.7% 9.6% 11.4% 11.8%
News18
India,
14 11.1%Regional News
14 regional channels reach ~60 crore viewers across 26 states through 13 languages
The regional cluster’s share of overall TV News viewership has risen from 2.5% (Q3FY17) to 4.5%
All ETV/IBN branded channels were migrated to News18 umbrella during FY18
Language Marathi Urdu Hindi Hindi Hindi Hindi Hindi/Punjabi
All Urdu Punjab,
Bihar MP UP
Focus Markets Maharashtra Speaking Rajasthan Haryana &
Jharkhand Chhattisgarh Uttarakhand
Markets Himachal P.
Mar 2014
Launch date 2008 Aug 2001 Jan 2002 Jan 2002 Jan 2002 Jan 2002
(* Apr 2017)
50:50 JV with ETV branded Channels acquired from Eenadu group in January 2014. * Relaunched
Other details
Lokmat group These mature channels typically are in the top 3 in respective markets. with Himachal
Language Bangla Kannada Gujarati Oriya Malayalam Assamese Tamil
Assam
Focus Markets West Bengal Karnataka Gujarat Odisha Kerala Tamil Nadu
North-East
Launch date Mar 2014 Mar 2014 Jun 2014 May 2015 June 2016 June 2016 June 2016
Launched over FY16 – Q1FY17, initially under ETV brand. Launched in FY17 directly under News18 brand.
Other details
In various stages of ramp-up and gaining revenue traction. In early stages of establishing themselves.
15Regional News : Viewership share – Mature channels
Jai Maharashtra Zee Rajasthan
Maharashtra, One, 0.3% Sahara Samay News, 14.6%
3.5% Rajasthan,
Munsif Aalami 0.6%
Saam TV, ABP TV, Samay,
12.7% Majha, 10.4% 11.6%
29.0% India News
News18 News18 Rajasthan, 2.8%
Lokmat, Urdu,
13.6% 26.8%
Zee
Salaam, News18
Zee 24 TV9 Rajasthan
Marathi,
51.2%
Taas, , 82.0%
19.8% 21.1%
Maharashtra Urdu
Bansal
Rajasthan
News, News18
3.1% Madhya
Pradesh
Chattisgarh, News State
News18 Zee Madhya 17.0% UP/Uttarakh Sahara
Bihar Pradesh and, 66.0% Samay UP
Zee Bihar Jharkhand, Chhattisgarh, Uttarakha
Jharkhand, 38.2% 35.7% nd, 1.5%
45.8%
Swaraj IBC 24, TV 100,
Express 35.6% 1.5%
SMBC, 0.7%
Kashish News18 Uttar Buland News
Sahara Samay Bihar Sahara India News Pradesh
News, Samachar
& Jharkhand, 4.0% Samay MP India News UP, 0.7% Uttarakhand, Plus, 6.0%
12.1%
& CG, 2.6% MP, 4.5% 21.2%
Bihar/Jha. MP/Cha. UP/Uttara.
16Regional News : Viewership share – Channels under ramp-up
BTV
Dighvijay
India News India News,
R Plus, 24x7 News,
Haryana, News 4.9%
Punjabi, 14.5% 5.2% News18
Zee Haryana 2.9%
11.8% Kannada, VTV Gujarati,
Himachal, 24 ABP
News Time 8.8% 14.8%
20.1% Living India Ghanta, TV9 Asmita,
Bangla, 3.6% 22.4% Kannada, 18.4%
News, 3.9% Praja TV,
Total TV, 33.8%
Kolkata 3.8% News18
0.8%
TV, 11.6% Gujarati
MH One TV9
PTC , 11.7%
News, Gujarati,
News, News18 Public TV, Sandesh
21.3% ABP 30.2%
27.9% Bangla, 6.9% 23.0% News,
Ananda, Suvarna News
News18 18.0%
32.6% 24x7, 11.0%
Punjab/Har Raj News
ANM Suddi TV,
yana/Hima Kannada,
News, 3.0%
chal, 10.6% 2.9%
0.1%
Punj/Har/HP Bengal Karnataka Gujarat
News18 Zee Kalinga Thanthi News18
Odia, 6.9% News, 7.6% Kalinga TV, People TV, Assam Talks,
DY 365, TV, Tamil Nadu,
5.5% News18 6.2% 3.2%
10.7% 16.2% 9.1% News 7
Kerala, 6.3% News18 Tamil,
Pratidin Assam, Sun 12.2%
Time, 5.3% News,
Kanak Mathrubhumi 21.1%
News,… 9.6%
Odisha TV, News, 16.5% Asianet
41.3% News World News, Seithigal
Odisha, 4.0% 46.2% , 4.5%
Prag News
News7, News, Live Sathiyam TV,
Manorama Polimer
23.2% 12.7% 24x7, 4.7% Puthiya
News, 24.7% News,
47.1% Thalaimurai
, 17.3% 25.0%
Raj News
24x7, 1.1%
Oriya Malayalam Assamese Tamil
17Infotainment: Factual Entertainment & Lifestyle
Key Demographics NCCS 15+ AB NCCS 15+ AB
Competition
HISTORY TV18 is #3 Factual Entertainment FYI TV18 is #3 Lifestyle
Content
Action, Adventure, Thrill with a Layer of History Food, Relationship, Home are 3 pillars
And English, Hindi, Tamil ,Telugu
English, Hindi, Tamil ,Telugu
Languages
Launch Date HISTORY TV18 launched in 2011 FYI TV18 launched on 4th July’2016
AETN18 is a 51:49 JV between A+E Networks & TV18.Infotainment : Viewership share
History TV18 is the #3 channel in its genre
Fyi TV18 has risen to #3 within a year of its launch
FACTUAL ETERTAINMENT LIFESTYLE
NDTV Good
Sony BBC Times,
Earth +HD History TV 12.4%
9.3% 18 +HD
Nat Geo FYI
Wild +HD 16.9% TV18,
13.5% 26.6%
National Discovery
Geographi +HD TLC,
c India Animal World 34.2%
+HD Planet 23.7% Fox Life,
15.9% +HD 26.8%
World
20.7%
19Indiacast – Content Distribution and Syndication
Global
Domestic
Subscription Revenues
Distribution
& Reach
1
2
Device
agnostic Subscription & Advertising
International Business Revenues
3
Linear
Assets
Diverse
content 4
Sweat ipr 5 New Media Subscription Revenues
Maximize Revenue | Maximize Reach
Source :Indiacast Media Distribution Pvt Ltd 20Hindi Mass Entertainment Channels
Key Demographics
Competition
Mix of Fiction, Reality and Movies.
Free- To-Air Channel
Flagship properties include Bigg Boss, Free- To-Air Channel Focused
Programming repeat programming from
Khatron ke Khiladi, Shakti, & on movies
Colors
Mahakali
Launched in July 2008 – Star Plus,
Sony & Zee TV launched pre-1995.
Launch Date Became the no. 1 Hindi GEC within
Launched in 2012 Launched in 2016
few weeks of its launch
21Hindi Mass Entertainment Channels : Viewership share
Colors is now the #1 GEC amongst primary GECs (pay GECs, targeted at urban markets), but
FTA channels lead in overall viewership share led by their pricing/distribution advantage
FTA offering Rishtey now has 7.3% share
Rishtey Cineplex grabbed ~9.5% viewership share and is the #3 Hindi movie channel within
2 years of launch (leader has ~11%), despite a smaller movie library
HINDI GENERAL ENTERTAINMENT HINDI MOVIES
Others,
STAR Zee Zee
1.4% Cinema
Colors Utsav, Anmol
STAR +HD,
9.2% Cinema,
+HD, Bharat 8.4% 7.5%
9.5% +HD, 12.0% Sony
Rishtey, Others, MAX
Zee TV 7.3% 37.4%
Other +HD,
+HD, 11.6%
9.5% GECs, Sony Pal,
65.7% Big Magic, 10.6% Sony Wah,
Sony 3.9% 9.9%
Zee
+HD, SONY SAB STAR
&TV + HD, Anmol,
7.4% STAR Plus + HD, Rishtey
STAR
Gold
+HD, 2.8% 11.9% Utsav
6.5% +HD,
Cineplex, Movies,
7.9% 8.3%
9.5% 7.4%
BREAKUP OF OTHER GECs
(~66% of the genre)
4 PREMIUM GECS (~34% of the genre)
22Regional Entertainment
Overview
Language Bengali Marathi Kannada Kannada Gujarati Oriya Tamil
Penetration* –
Regional Market 39 43 58 49 19 16 46
(in millions)
Overlap With Hindi Medium High Low Low Very High Low Low
Udaya
Udaya TV,
Comedy, SUN TV,
Star Jalsha, Zee Marathi, Zee Tarang TV,
Key Competitors Kasturi TV, DD Girnar Star Vijay,
Zee Bangla Star Pravah Kannada, Sarthak TV
Suvarna Zee Tamil
Suvarna
Plus
Number Of Key
5 4 7 7 1 3 3
Players
*Source: BARC| All India| NCCS 2+| All days, 24 hours| Avg. Monthly Reach - Individuals
23Regional Entertainment – Viewership share
Others, DD Sahyadri,
3.5% 5.1%
STAR Pravah Zee DD
Udaya TV,
17.3% +HD, 19% Marathi Girnar,
Colors Kannada
+HD, 33.9% +HD, 18.5%
Star Suvarna, 47.6%
11.6% Colors
Gujarati,
Colors 81.5%
Zee Kannada, 23.8% Colors
Marathi
Super, 9.9% Zee Yuva,
+HD, 19.8%
8.6%
Karnataka Maharashtra Gujarat
Colors
Oriya,
Others
Colors 12%
7.0% STAR Tamil
Jalsha 5%
Sarthak +HD,
TV (ZEE), Others, 44.1% Sun TV
48.6% Zee Tamil
Tarang 7.4% 44%
TV,
16%
Colors
44.4% Bangla Zee Bangla
+HD, 36.5% STAR Vijay
+HD,
8.0% Sony Aath, Super
1% STAR Vijay Sun Life
3.9%
19% 3%
Odisha Bengal Tamil Nadu
24
*Source: BARC Q4 FY18| Tamil Nadu Share for Wk’13 Q4 FY18Kids Genre
Key Demographics
Audience : Kids Between 2-14, NCCS ABC Audience : Boys Between 10-14
And ‘Fun Unlimited’ ‘A channel for the action loving generation’
Positioning
Competition
Content
Focus on ‘Comedy and Humor’ Focus on ‘Action and Adventure’
And English, Hindi, Tamil and Telugu English, Hindi, Marathi and Bengali
Languages
Nick Launched in 1999
Launched in 2011
Launch Date One of the Oldest Kids Offerings
Akshay Kumar - Brand Ambassador
Nick Jr. launched in 2012
25Kids Genre : Viewership share
Viacom18 stable enjoys the #1 rank in the Kids genre with ~31% viewership across its
channels
Nickelodeon is the #1 kids channel overall by a substantial margin
* In the sub-segment targeting 10-14 boys, Sonic is the #1 channel
Disney
XD, Others,
6.1% 16.5%
Disney
Channel
, 14.3%
Nick,
19.7%
Hungama, 12.7%
Nick Jr,
Pogo TV, 1.9%
10.2% Sonic,
Cartoon 9.0%
Network,
9.5%
26
*Source: BARC Q4 FY18Youth & Music
Key Demographics
Audience: CS 15- 21, NCCS All, HSM Audience: CS 15- 30, NCCS All, HSM
And ‘Non-stop music ka one-stop channel’
Positioning
Competition
Focus on Music and Reality Shows like the iconic MTV Roadies, Splitsvilla
Content Multi Platform Engagement with Youth – Television, Digital, Mobile, Live Events and
Merchandise
Launched in 1996
Launch Date One of India’s most enduring, loved and Launched in 2017
rewarded Youth Brands*
27
*Source: Internal Company estimate basis various consumer studiesYouth & Music : Viewership share
MTV is an iconic youth brand, which also enables merchandising and other non-display
revenue opportunities. MTV cafes have been setup in 3 cites (Mumbai, 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
Bindaas Others, 9XM,
Zoom
(Disney), 19.3% 17.5%
(Times),
27.9% 25.9%
MTV Beats
+HD, 12.9% Mastiii,
Zing 19.5%
(ZEE),
MTV India, 18.8% B4U
27.4% Sony Music,
MIX, 16.0%
14.8%
28
*Source: BARC Q4 FY18English Entertainment
Audience: CS 15-40, NCCS AB, Mega Cities
Key Demographics (6 metros: Delhi, Mumbai, Kolkata, Bangalore, Hyderabad, Chennai)
Competition
Content Internationally acclaimed
International Music and Comedy 360O lineup that is Edgy,
And Entertainment Own ‘Funny’ in India Contemporary & Gripping.
Positioning Own ‘English Music’ in India ‘Your Happy Place’ ‘New Horizon for English
Entertainment’
Launch Date Launched in 2005 Launched in 2011 Launched in 2015
29English Entertainment : Viewership share
Viacom18’s channels dominate the genre with ~60% 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
Others, 0.3%
Zee Café +HD, VH1 +HD
9.2% (Music+GEC),
18.6%
9XO, 10.3%
AXN +HD, 11.4%
Comedy
Central +HD,
24.9%
STAR World +HD,
9.3% Colors Infinity
+HD, 16.1%
30Motion Pictures
Viacom18 Motion Pictures
Competition
• Acquisition, production, syndication, marketing and distribution of full length feature
films within India and distribution of Indian films in several international markets
Business • It has a strategic alliance with Paramount Pictures to distribute and market its films in
the Indian subcontinent
31Digital Ventures
Viacom18 Digital Ventures
• Viacom18’s video on-demand platform “VOOT” launched in May’16
• Over 50,000 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
• Amongst the top Ad supported VOD apps in the country
• >40mins viewership time per day per viewer on average
Voot boasts of the biggest bouquet of Kids Gripping, unique and binge worthy
content - The most popular series and the most content, exclusively on Voot. Engaging
popular characters of the likes of Motu Patlu, dramas, comedies, spoofs and
Chhota Bheem, Pokemon, Kung Fu Panda, Dora, everything in between.
and SpongeBob – all at one convenient location.
32Integrated Network Solutions & Consumer Products
Integrated Network Solutions
LIVE provides creative ways of bringing together brands and
modern consumers through unforgettable live experiences
and original branded content.
• VH1 Supersonic saw 60,000+ footfalls in 2018
• Pioneering experiential entertainment and building a Music
& Entertainment ecosystem
Consumer Products
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.
33HomeShop18 (TV and digital shopping) One of the largest home-shopping platforms in India Losses have been slashed through restructuring and cost optimizations, even as the business remains under pressure. 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 had approved a combination of HomeShop18 with another leading TV shopping platform ShopCJ to improve their standing in the competitive digital commerce space; which has been completed. Multiple synergies (sourcing, marketing, distribution) can be exploited as a result of this combination, which has created the de facto largest TV shopping platform in India. While HomeShop18 has ceased to be a subsidiary of Network18 from 15th February 2018 as a result, Network18 continues as the largest shareholder in the combined entity (Link to press release)
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 103 million visits per month by end-FY18 Strong 18% growth in bookings in FY18 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 events(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)
DIGITAL – KEY PROPERTIES
All Digital properties except VOOT are part of Network18 group, and do not fall under TV18 group.
Data as of Feb 2018
36MoneyControl (Business and Finance portal)
India’s leading, genre-defining finance portal with a record of excellence for over 16 years
On mobile, Users consume ~1.7x more pages and spend ~3x more time on Moneycontrol,
compared to the competition
Budget day saw a historical high with a peak concurrency of 1.3 million users
FOCUSSING ON INNOVATION:
A lot of focus has been given on beefing the news offering of Moneycontrol, courtesy
which we now generate 2x the articles as compared to PY
Mobile app won “best app for business” award at Mobile World Congress Shanghai 2017
UVs (mn)
Yahoo India Finance
M-Site Desktop
NDTV Profit
Financial Express
Livemint
Business-Standard
Economic Times
9.1
Moneycontrol
3.7
0.0 2.0 4.0 6.0 8.0 10.0 12.0 14.0 16.0 18.0
Source: Comscore data for Indian Audience - Feb 2018News18.com (Digital News destination) – erstwhile IBNLive.com
Primary digital destination of the group for all news
Continued editorial focus augmented by improvements in product and technology has
propelled the brand to the top 3 spot, within just 2 years of its launch
Budget day saw News18 garner a total of 5.2 million users on a single day
IMPETUS ON VERNACULAR AND HIGH-IMPACT CATEGORIES
Relaunched under umbrella brand News18 in FY17, and merged all languages under it.
News in 8 other languages apart from Hindi and English 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
UVs (mn)
Huffington Post
Hindu
M-site Desktop
Firstpost
Hindustan…
Indian Express
39.9
News18 5.9
NDTV
The Times of…
0.0 10.0 20.0 30.0 40.0 50.0 60.0 70.0 80.0
Source: Comscore data for Indian Audience - Feb 2018Firstpost (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”
Launched entertainment portal- Showsha.com
UVs (mn)
Huffington Post
Hindu
16.6 M-site Desktop
Firstpost
4.1
Hindustan
Times
Indian Express
News18
NDTV
The Times of
India Sites
0.0 10.0 20.0 30.0 40.0 50.0 60.0 70.0 80.0
Source: Comscore data for Indian Audience - Feb 2018Vision and Strategy
We aim to be a channel-agnostic provider of top-drawer content. Our strategy is to be
present in all key market-segments where we believe profitable growth is possible in the
medium-term. The vision is to consolidate our position as India’s top media house with
unparalleled 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
40Disclaimer
This presentation is issued by Network 18 Media & Investments Limited (the “Company”) for
general information purposes only and does not constitute a solicitation or offer or invitation to
sell or issue any securities of the Company, nor shall it be relied on in connection with any
contract. This presentation may include statements which may constitute forward-looking
statements such as statements about the strategy for growth, business development, market
position, expenditures, and financial results. However, it should not be relied upon as a
recommendation or forecast by the Company. Please note that the past performance of the
Company should not be considered as indicative of future results. The actual results or
performance 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 statement
made by or on behalf of the Company. None of the Company, its Directors, Promoter or affiliates
or any of their respective employees, advisers or representatives accepts any responsibility or
liability whatsoever, arising in tort, contract or otherwise, for any errors, omissions or
inaccuracies in such information or for any loss or damage suffered, directly or indirectly, from
use of this document or its contents and makes no representation or warranty, express or
implied, for the contents hereof including its accuracy, fairness or completeness . Any opinions or
information expressed in this presentation are subject to change without notice.
41Thank You
For Further information on business and operations please write to
investors.n18@nw18.com
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