19Q4
- streaming subs (Videoland + NOW) 1.44m (paying subs: Videoland +29% yoy, Now +45% yoy)
- established Format Creation Group (FC Group): develops non-scripted formats for RTL broadcasters & their streaming services, focus on entertainment formats, reality & game shows
- acquires 50% of M6 tech unit Bedrock (used by M6 Replay & Salto, also RTL BE, RTL HU, RTL Croatia), 3rd-parties may buy into Bedrock
2019
Outlook 2020 (incl early assesment of corona virus outbreak)
- rev growth 2-3% to EUR 6784-6851m (TV ad rev slightly down, Fremantle growth 4-6%)
- adj EBITA stable = EUR 1156m (excl additional streaming startup losses) or down 7% = EUR 1075m (incl such losses at max)
- content spend Videoland & TV Now EUR 350m (2019: 85m)
Targets 2025
- streaming subs 5-7m
- streaming rev >EUR 500m
- content spend per annum EUR 350m
- EBITDA break-even by 2025
Strategy
- to increase reach & improve monetisation
- 3 pillars
- Strengthen core (families of channels, digital channels)
- consolidate footprint incl through acquisitions
- increase non-ad rev from platform operators
- invest in content & sports rights
- increase oper efficiency
- started to review strategic options for BroadbandTV and SpotX
- cost reductions
- Expand growth businesses (streaming, production, technology)
- build national streaming champions (standalone or via partnerships) to complement Netflix, Amazon Prime Video, Disney+
- hybrid business model: SVOD, AVOD, 3-rd party & originals
- diversify Fremantle portfolio, increase scale, focus on drama
- create open ad-tech platform based on Smartclip
- Foster alliances in European media
- RTL AdConnect partnered with ITV, RAI, Medialaan
- Ad Alliance (Germany) partnered with Media Impact (Axel Springer and Funke Mediengruppe)
- Dutch Ad Alliance integrated sales activities of RTL NL, BrandDeli, Adfactor, Triade Media)
- Bertelsmann Content Alliance in DE
Posts
No comments:
Post a Comment