Corus Entertainment Inc. Class B · TSX:CORS
Corus Entertainment Inc. Class B — RBC Capital Markets TMT Deep Dive Conference 2017
20 slides from Corus Entertainment Inc. Class B's conference presentation, Nov 14, 2017
Slide 1: Investor Presentation: RBC Capital Markets TMT Deep Dive Conference
Investor Presentation RBC Capital Markets TMT Deep Dive Conference November 14, 2017
Slide 2: Safe Harbour Disclosure - Forward-looking Information
Safe Harbour Disclosure - Forward-looking Information 2
Slide 3: Leading Canadian Media and Content Company
Leading Canadian Media and Content Company Great portfolio of assets • Leader in Canadian broadcasting • Globally recognized content business Experienced, focused leadership team Strong commitment to shareholder value • Improved cost structure delivers superior margins • Excellent operating le
Slide 4: Media and Content Powerhouse
Media and Content Powerhouse 4
Slide 5: Fiscal 2017 Accomplishments
Fiscal 2017 Accomplishments Competitive ratings momentum driven by powerful brands and content Sequential improvement in TV advertising revenue • Secured all major advertising agency agreements • Targeted investments in advertising innovation • Local advertising opportunities from combination of
Slide 6: Financial Profile of the New Corus
Financial Profile of the New Corus Fiscal 20171 Total Assets Long-term Debt Outstanding Class B Shares $6.1 billion $2.1 billion 202.8 million Fiscal 20171 – Business Segment Revenues Fiscal 20171 - Sources of Revenue Other Radio 6% 9% Subscriber 30% Advertising Specialty/Conventional Television 64%
Slide 7: Experienced Leadership Team
Experienced Leadership Team Doug Murphy John Gossling President and Executive Vice President Chief Executive Officer and Chief Financial Officer Over 25 years in media Over 25 years in media and entertainment and communications industries industries Barbara Williams Greg McLelland Executive Vice Pre
Slide 8: Our Strategic Priorities
Our Strategic ? age = @ % own and control more content engage our expand into new audiences and adjacent markets targeted m&a scale through best-in-class opportunities partnerships execution Corus
Slide 9: Global Delivers Strong Momentum
Global Delivers Strong Momentum (1) (2) (1) Source: Numeris PPM Data, Total Canada, Share% of Cdn Conv Eng, (Mo-Su 7-11p and 8p-11p, Broadcast Year 2007-2008 to Broadcast Year 2016-2017, A25-54) (2) Source: comScore Media Metrix, Multi-Platform data, Base: Total Canada, All Locations, 2+ digital aud
Slide 10: Strong Ratings Performance
Strong Ratings Performance 1 2 3 1. Ranking based on Numeris TV Meter – Broadcast Year 2017(8/29/2017 to 8/27/2017), Specialty Channels ex. Sports, Total Canada, Monday – Sunday, 2 am – 2 am, Average Minute Audience, Adults Ages 25-54 2. Ranking based on Numeris TV Meter – Broadcast Year 2017(8/29/2
Slide 11: Corus Delivers Coveted Audiences
Corus Delivers Coveted Audiences Corus Specialty television is clearly differentiated, delivering more women in large households with larger basket sizes than any other media company in Canada 65% Women as a % of Adults Women; Small Household Women; Large Household “Single Women” “Moms” 60% 55% 50%
Slide 12: Corus Advertising Innovation Roadmap
Corus Advertising Innovation Roadmap Audience Addressable Programmatic Cross Platform Data Advertising Platform Execution Innovation roadmap informed by global best practices 12
Slide 13: Strategic Priorities: Own and Control More Content
Strategic Priorities Own and Control More Content 13
Slide 14: Own and Control More Content: Major Properties Launch
Strategic Priorities Own and Control More Content Major Properties Launch in Fiscal 2017/2018 with Global Broadcasting Partners 14
Slide 15: Own and Control More Content: Corus Advantage Expansion
Strategic Priorities Own and Control More Content Expansion of Corus Advantage to Lifestyle Content Extends Global Presence 15
Slide 16: Fiscal 2018 Financial Priorities
Fiscal 2018 Financial Priorities 1. Deliver solid free cash flow with a focus on reduction of our leverage to 3.0x net debt to segment profit by the end of fiscal 2018 2. Maintain our annual dividend of $1.14 per Class B Share 3. Targeted investments to advance our strategic priorities 16
Slide 17: Corus Delivers Strong Free Cash Flow
Corus Delivers Strong Free Cash Flow Operating and Free Cash Flow1 300 Free Cash Flow Operating Cash Flow • Delivered $293 million in Free 250 Cash Flow in fiscal 2017, with 200 further increases expected in Millions ($CDN) fiscal 2018 150 • Annual Capital Expenditures in 100 the $30 million - $35 m
Slide 18: Corus Returns Cash to Shareholders
Corus Returns Cash to Shareholders Annual Dividend Payout History1 • Long-standing commitment to Per Class B Share for the fiscal years ended August 31 ($Cdn, Split Adjusted) 1.200 1.061 1.119 1.140 1.140 returning cash to shareholders 0.995 1.000 0.923 0.800 0.735 • Dividend of $1.14 per Class B ($
Slide 19: Strong Foundation for Growth
Strong Foundation for Growth Significant advancement of strategic priorities • Audience share gains driven by premium brands, content and talent • Advertising innovation is gaining traction with clients • Expanding content slate with great franchise potential Targeted investments in fiscal 2018
Slide 20: Q&A
Q&A
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