Media & Investments. Corporate Presentation FY16-17

Transcription

1 Media & Investments Corporate Presentation FY16-17

2 OVERVIEW 2

3 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) Key Strengths Network effect and play on Vernacular media growth - Benefits of Regional portfolio across News (14) and Entertainment (6) channels Marquee Digital properties (MoneyControl, BookMyShow) & Entry into OTT video (VOOT) provides option value and content synergy Experienced & Professional management team, Strong promoters 3

4 4 Building India s leading media company Filling whitespaces, umbrella branding, thrust on digital Regional entry to tap vernacular market Entry into Entertainment and Digital Built 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)

5 Network18 group : TV & Digital media, specialized E-commerce & Print ~75% held by Independent Media Trust, of which RIL is the sole beneficiary Network18 Print Digital Content Broadcasting Digital Commerce (Investments) Finance News Home shopping News & Opinions Infotainment Entertainment Infotainment Network18 holds ~51% of subsidiary TV18. TV18 in turn owns 50% in Viacom18 and 51% in AETN18 (see next page for details) Entertainment Ticketing Travel NW18 owns 57% in HS18, ~39% in BookmyShow, and ~7% in Yatra Network18 holds ~92% in Moneycontrol. Others are in standalone entity.

6 TV18 group Broadcasting pure-play, across News & Entertainment ENTITY GENRE CHANNELS TV18 Group 51.16% held by Network18 Standalone entity TV18 100% subsidiary Panorama 50% JV with Lokmat group IBN Lokmat Business News (4 channels) General News (2 channels) Regional News (14 channels) AETN18 51% subsidiary - JV with A+E Networks VIACOM18 50% JV with Viacom Inc Distribution - INDIACAST 50:50 JV of TV18 & Viacom18 ETPL (Eenadu) 24.5% holding (associate) Infotainment (2 channels) Entertainment (inc. Movie production / distribution & OTT) Regional Entertain. (6 channels in 5 geographies) Telugu Entertain. (5 channels) 6 Operated by the Eenadu group, owned by Ramoji Rao (Hyderabad)

7 FINANCIAL SUMMARY 7

8 8 Network18 Annual Financials A snapshot OPERATING REVENUES (Rs Cr) FY17 FY16 Growth A) NW18 standalone (News18.com + Firstpost primarily) % B) TV18 consolidated (Ind-AS) % C) MoneyControl + HomeShop18 [C=D-B-A] % D) NW18 consolidated (as per Ind-AS) 1,491 1,527-2% E) Share of NW18 JVs & Associates (primarily BookMyShow) [E=F-D-G] % 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) NM B) TV18 consolidated (Ind-AS) % C) MoneyControl + HomeShop18 [C=D-B-A] NM D) NW18 consolidated (as per Ind-AS) % E) Share of NW18 JVs & Associates (primarily BookMyShow) [E=F-D-G] NM G) Share of TV18 JVs (from TV18 segment reporting) % F) NW18 group (as per proportionate consolidation) - Segment P&L % See next page for TV18 details FY17 was exceptionally weak due to impact of demonetization (H2) + lumped launches (H1) HomeShop18 suffered due to macro-issues, while BookMyShow profitability was hit due to intense competition.

9 9 TV18 Annual Financials A snapshot OPERATING REVENUES (Rs Cr) FY17 FY16 Growth A) TV18 standalone (Business + General News) % B) Regional News (ex IBN-Lokmat) + Infotainment [B=C-A] % C) TV18 consolidated (as per Ind-AS) % 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) % B) Regional News (ex IBN-Lokmat) + Infotainment [B=C-A] NM C) TV18 Controlled businesses (as per Ind-AS) % D) 50% each of Viacom18 + IBN Lokmat + 75% of Indiacast* [D=E-C] % E) TV18 group (as per proportionate consolidation) - Segment P&L % 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) 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%.

10 10 Investments into new initiatives in broadcasting 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 New initiative losses / One time expenses (Rs Cr.) FY16 FY17 General entertainment - launches (inc regional & digital) 95* 266* Regional news - launches Factual entertainment - launches 0 27 Rebranding and re-launch 20* 7 * Viacom18 s total investment. TV18 shares 50% of the same.

11 11 Business as usual Impact of new initiatives on FY17 Profits Adjusting for new initiative losses, TV18 group s (including proportionate share of JVs) FY17 segment operating EBITDA rose ~30% over FY16 Rs Cr 350 Business-as-usual Segment Operating EBITDA - TV18 group FY17 segment op. EBITDA VOOT/ Colors Super/Rishtey Cineplex ETV - 3 regional launches Rebranding of CNN IBN & IBN7 FYI launch Stamp-duty Prism TV merger FY17 BaU segment op. EBITDA FY16 segment op. EBITDA 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.

12 Q3FY16* Q4FY16 Q1FY17 Q2FY17 Q3FY17 Q4FY17 Q3FY16* Q4FY16 Q1FY17 Q2FY17 Q3FY17 Q4FY17 TV18 group: Closing the gap with competition 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 12.0% NEWS 25.0% ENTERTAINMENT (ex-sports) 10.0% 8.0% 20.0% 6.0% 15.0% 4.0% 10.0% 2.0% 0.0% 6.6% 5.3% 4.8% 5.2% 5.6% 8.0% 5.0% 0.0% 8.9% 9.0% 9.6% 8.7% 9.3% 10.0% TV18 News Zee ABP TV Today TV9 IndiaTV ITV Viacom18 Sony Star Zee

13 13 BROADCASTING - GENRE-WISE DETAILS All viewership information is based on Q4FY17 BARC data in their respective genres

14 Business News Key Demographics Audience : NCCS 25+ AB Male Significant OOH Viewers across HIG Business People in Metros Audience : NCCS 25+ AB Male, HSM Channel for people in Business across Hindi Speaking Markets Competition 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.** Operating Metrics 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 positioning Positive leverage to equity markets, Events and IPs provide resilience Launch Date Launched in 1999 CNBC - Brand Licensor Launched in 2005 CNBC - Brand Licensor * 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 14

15 General News Key Demographics Audience : NCCS AB Male 22+, All India English Speaking, HIG Audience : NCCS All 15+, HSM Channel for the Masses in the Hindi Heartland Competition Market Split among the Big 5 CNN-News18, Times Now, Republic TV, NDTV 24x7 & India Today Television Highly Fragmented but substantially larger market compared to English News Aaj Tak, India TV, ABP News, Zee News - Competition in Top 5 Operating Metrics 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%) ** Launch Date Launched as CNN-IBN in December 2005; Re-launched as CNN-News18 in April 2016 CNN - Brand Licensor*** Acquired in 2006 from Dainik Jagran Rebranded from Channel 7 to IBN7; Rebranded again from IBN7 to News18 India in Nov 2016 * Source : BARC NCCS AB Male 22+ Wk Hrs All Days All India ** Source: BARC HSM NCCS 15+ Wk and Wk All Days 24 hrs ***The Brand License agreement with CNN was renewed in December 2015 for a period of 10 years 15

16 GENERAL NEWS BUSINESS NEWS National News : Viewership share Business and General News Completely dominate the Business News genre General News seeing revival in traction, especially in Hindi ENGLISH HINDI NDTV Profit /Prime, 7.50% BTVi, 2.70% ET Now, 32.10% CNBC TV18, 57.70% Zee Business, 41.30% CNBC Awaaz, 58.70% News X, 4.2% NDTV 24x7, 16.0% CNN News18, 18.2% Wion, 2.1% India Today Television, 19.5% Times Now, 40.1% News18 India, 8.8% News 24, 8.8% News Nation, 9.0% NDTV India, 2.3% TEZ, 2.9% India News, 9.9% DD News, 1.9% Z News, 12.6% Sahara Samay, 0.3% Live India, 0.05% Aaj Tak, 16.6% India TV, 13.9% ABP News, 13.0% 16 Hindi

17 Regional News 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 Language Marathi Urdu Hindi Hindi Hindi Hindi Hindi/Punjabi Focus Markets Maharashtra All Urdu Speaking Markets Rajasthan Bihar Jharkhand MP Chhattisgarh UP Uttarakhand Launch date 2008 Aug 2001 Jan 2002 Jan 2002 Jan 2002 Jan 2002 Other details 50:50 JV with Lokmat group Channels acquired from Eenadu group in January 2014; to be migrated to News18 brand These mature channels typically are in the top 3 in respective markets. Punjab, Haryana & Himachal P. Mar 2014 (* Apr 2017) * Relaunched under News18 Language Bangla Kannada Gujarati Oriya Malayalam Assamese Tamil Focus Markets West Bengal Karnataka Gujarat Odisha Kerala Assam North-East Tamil Nadu Launch date Mar 2014 Mar 2014 Jun 2014 May 2015 June 2016 June 2016 June 2016 Other details Launched over FY16 Q1FY17; will transition to News18 brand. In various stages of ramp-up and gaining revenue traction. 17 Launched in FY17 directly under News18 brand. In early stages of establishing themselves.

18 Regional News : Viewership share Mature channels Saam TV, 4% Jai Maharash tra, 5% IBN Lokmat, 17% TV9 Marathi, 12% ABP Majha, 29% Z 24 Taas, 25% Maharashtra Urdu Rajasthan Zee Bihar Jharkhand, 36.5% Sahara Samay Bihar & Jharkhand, 8.8% Maharashtra One, 4% Kashish News, 9.5% Mi Marathi, 3% ETV Bihar Jharkhand, 45.1% Swaraj Express SMBC, 1.4% Munsif TV, 18.6% ETV Urdu, 59.1% Zee Madhya Pradesh Chhattisgarh, 45.4% Bihar/Jha. MP/Cha. UP/Uttara. 18 Aalami Samay, 22.3% Bansal News, 10.3% Sahara Samay MP & CG, 4.4% ETV Madhya Pradesh Chattisgarh, 18.4% IBC 24, 19.6% India News MP, 0.7% Sahara Samay Rajasthan, 4.9% Zee Rajasthan News, 32.9% India News Rajasthan, 2.1% Sahara Samay UP UK, 1.8% News State UP/UK, 65.4% ETV Rajasthan, 60.0% 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%

19 Regional News : Viewership share Channels under ramp-up Zee Haryana Himachal, 40.0% Total TV, 4.0% India News Haryana, 5.1% Living India News, 4.0% MH One News, 3.4% PTC News, 37.9% News18 Punjab/Har /HP, 5.5% News Time Bangla, 6.5% Kolkata TV, 8.4% ETV News Bangla, 7.8% R Plus, 9.6% ABP Ananda, 39.0% 24 Ghanta, 28.8% Suvarna News 24x7, 11.4% Udaya News, 5.1% TV9 Kannada, 35.9% BTV News, 6.9% Suddi TV, 0.7% Punj/Har/HP Bengal Karnataka ETV News Kannada, 10.2% Praja TV, 5.2% Public TV, 22.8% Raj News Kannada, 1.8% VTV Gujarati, 12.0% TV9 Gujarati, 28.9% Sandesh News, 19.9% ABP Asmita, 22.1% ETV News Gujarati, 17.1% ETV News Odia, 4.1% Odisha TV, 45.8% Zee Kalinga News, 8.2% Kalinga TV, 4.1% Kanak TV, 12.9% News World Odisha, 2.3% News7, 22.5% Sun News, 8.6% Seithigal, 5.3% Thanthi TV, 16.8% Sathiyam TV, 10.5% Raj News 24x7, 1.5% News18 Tamil Nadu, 7.4% Puthiya Thalaimurai, 17.7% News 7 Tamil, 9.5% Polimer News, 22.7% Gujarat Odisha Tamil Nadu 19 Kerala and Assam/NE have sub-5% market-shares presently.

20 Infotainment: Factual Entertainment & Lifestyle Key Demographics NCCS 15+ AB NCCS 15+ AB Competition Content And Languages HISTORY TV18 is #1 Factual Entertainment Action, Adventure, Thrill with a Layer of History English, Hindi, Tamil,Telugu FYI TV18 is #1 Lifestyle Food, Relationship, Home are 3 pillars English, Hindi, Tamil,Telugu Launch Date HISTORY TV18 launched in 2011 FYI TV18 launched on 4 th July 2016 AETN18 is a 51:49 JV between A+E Networks & TV18. Source: HISTORY TV18: BARC India TG:15+AB, Market: Mega Cities, Period: Week (24hrs) FYI TV18: BARC India TG: 15+ AB, Market: Mega Cities, Period: Week (24hrs)

21 Infotainment : Viewership share 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 Discovery Science, 4.6% Nat Geo Wild, 13.4% Discovery Turbo, 0.6% History TV18, 15.4% NDTV Good Times, 14.3% FYI TV18, 20.6% Animal Planet, 18.7% National Geographic, 20.8% Discovery Channel, 26.5% TLC, 29.7% Fox Life, 35.5% 21

22 Hindi Mass Entertainment Channels Key Demographics Competition Programming Launch Date 22

23 Hindi Mass Entertainment Channels : Viewership share 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 Zee TV +HD, 9.4% Sony Pal +HD, 8.4% Colors +HD, 12.2% STAR Plus +HD, 13.7% Other GECs, 56.3% 4 PREMIUM GECS (~44% of the genre) Big Magic, 3.0% &TV, 3.5% Rishtey, 8.5% Zee Anmol, 7.5% Others, 3.9% SONY SAB, 7.1% STAR Utsav, 7.4% Sony Ent. TV, 8.1% BREAKUP OF OTHER GECs (~56% of the genre) Life Ok, 7.2% Rishtey Cineplex, 6.9% Others, 39.3% STAR Utsav Movies, 7.0% Zee Cinema +HD, 9.7% STAR Gold, 8.7% Zee Anmol Cinema, 7.5% Sony MAX, 11.0% Sony Wah, 10.0% 23

24 Regional Entertainment Overview Language Bengali Marathi Kannada Kannada Gujarati Oriya Penetration* Regional Market(in millions) 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 Udaya Comedy, Kasturi TV, Suvarna Plus DD Girnar Tarang TV, Sarthak TV Number Of Key Players *Source: BARC All India NCCS 2+ All days, 24 hours Avg. Monthly Reach - Individuals 24

25 Regional Entertainment Viewership share Udaya TV (Sun TV), 12.3% Star Suvarna, 19.7% Others, 6.0% Zee Kannada, 23.0% Colors Kannada +HD, 33.0% Colors Super, 6.0% DD Sahyadri, 5.4% STAR Pravah +HD, 12% Colors Marathi +HD, 19.2% Zee Yuva, 5.6% Others, 0.6% Zee Marathi +HD, 57.5% DD Girnar, 27.6% Colors Gujarati, 72.4% Karnataka Maharashtra Gujarat Tarang TV, 34.9% Colors Oriya, 8.9% Sarthak TV (ZEE), 56.2% Others, 1.7% Colors Bangla, 4.0% Sony Aath, 4.6% STAR Jalsha, 55.5% Zee Bangla +HD, 34.2% Odisha 25 Bengal

26 Kids Genre Key Demographics And Positioning Audience : Kids Between 2-14, NCCS ABC Fun Unlimited Audience : Boys Between A channel for the action loving generation Competition Content And Languages Focus on Comedy and Humor English, Hindi, Tamil and Telugu Focus on Action and Adventure English, Hindi, Marathi and Bengali Launch Date Nick Launched in 1999 One of the Oldest Kids Offerings Nick Jr. launched in 2012 Launched in 2011 Akshay Kumar - Brand Ambassador 26

27 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 boys, Sonic is the #1 channel Disney Channel, 11.6% Sonic*, 9.9% Hungama, 12.3% Disney XD*, 5.4% Others, 9.9% NICK, 20.6% Cartoon Network, 13.9% Pogo TV, 16.4% 27

28 Youth & Music Key Demographics And Positioning Audience: CS 15-21, NCCS All, HSM Stay Raw Audience: CS 15-30, NCCS All, HSM Non-stop music ka one-stop channel Competition Content Focus on Music and Reality Shows like the iconic MTV Roadies Multi Platform Engagement with Youth Television, Digital, Mobile, Live Events and Merchandise Launch Date Launched in 1996 One of India s most enduring, loved and rewarded Youth Brands* Launched in 2017 *Source: Internal Company estimate basis various consumer studies 28

29 Youth & 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 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 Bindaas (Disney), 19.3% Zoom (Times), 27.6% MTV Beats +HD, 9.4% Others, 16.6% 9XM, 24.5% MTV (Viacom18), 25.8% Zing (ZEE), 27.4% Sony MIX, 12.2% B4U Music, 14.3% Mastiii, 23.1% 29

30 English Entertainment Key Demographics Audience: CS 15-40, NCCS AB, Mega Cities (6 metros: Delhi, Mumbai, Kolkata, Bangalore, Hyderabad, Chennai) Competition Content And Positioning International Music and Entertainment Own English Music in India Comedy 360 O Own Funny in India Your Happy Place Internationally acclaimed lineup that is Edgy, Contemporary & Gripping. New Horizon for English Entertainment Launch Date Launched in 2005 Launched in 2011 Launched in

31 English Entertainment : Viewership share 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 Others, 5.6% Zee Café +HD, 12.4% VH1 (Music+GEC), 23.3% 9X Media, 13.8% AXN +HD, 15.8% STAR World +HD, 11.3% Comedy Central +HD, 10.6% Colors Infinity +HD, 7.3% 31

32 Motion Pictures Viacom18 Motion Pictures 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 32

33 Digital Ventures Viacom18 Digital Ventures 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 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. Gripping, unique and binge worthy content, exclusively on Voot. Engaging dramas, comedies, spoofs and everything in between. 33

34 Integrated 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 successfully executed shows 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. 34

35 Indiacast Content Distribution and Syndication Global Distribution & Reach 1 Domestic Subscription Revenues Device agnostic Linear Assets 3 2 International Business Subscription & Advertising Revenues Diverse content 4 Sweat ipr 5 New Media Subscription Revenues Maximize Revenue Maximize Reach Source :Indiacast Media Distribution Pvt Ltd 35

36 36 DIGITAL KEY PROPERTIES All Digital properties except VOOT are part of Network18 group, and do not fall under TV18 group. Data as of June 2017

37 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 botsized package, allowing users to chat with Moneycontrol to get the latest updates and news Yahoo India Finance UVs (mn) M-Site Desktop NDTV Profit Financial Express Livemint Business-Standard Economic Times Moneycontrol

38 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 Huffington Post UVs (mn) Hindu Firstpost M-site Desktop Hindustan Times Indian Express News18 NDTV Times of India

39 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 Huffington Post UVs (mn) Hindu Firstpost Hindustan Times Indian Express M-site Desktop News18 NDTV Times of India

40 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.

41 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

42 42 Vision 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

43 Disclaimer 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 forwardlooking 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. 43

44 Thank You For Further information on business and operations please write to 44