Sky Network Television Ltd · NZX:SKT

Sky Network Television — Shareholder Meeting (October 2010)

28 slides from Sky Network Television's shareholder meeting presentation, Oct 28, 2010

  1. Slide 1: Sky Network Television Annual General Meeting 2010

    SKY NETWORK TELEVISION ANNUAL GENERAL MEETING 2010

  2. Slide 2: CEO John Fellet

    CEO JOHN FELLET

  3. Slide 3: Total Revenue

    Total Revenue $742 $692 $659 $619 $549 7.2% 5% 2006 2007 2008 2009 2010

  4. Slide 4: Revenue Drivers

    Revenue Drivers New Subscribers High Definition Movie Tiers MY SKY Additional Outlets SKYWATCH Sport Tiers FATSO Pay Per View Rialto SKY Sport The Magazine Country 99 TV PRIME

  5. Slide 5: Total Net Gain

    Total Net Gain 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

  6. Slide 6: Total Net Gain

    Total Net Gain 12.00% 7.00% 2.00% -3.00% 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Unemployment GDP (1 Yr lag) -8.00%

  7. Slide 7: Propensity to Subscribe

    Propensity to Subscribe 3% 4% 13% 78% 1% 1% 0% 20% 40% 60% 80% 100% Very likely Fairly likely Neither likely non unlikely Fairly unlikely Very unlikely Don't know Source: Digital Tracker QB9

  8. Slide 8: Monthly Net Gain

    Monthly Net Gain 6,000 5,000 4,000 3,000 2,000 1,000 0 -1,000 -2,000 ov pr ug p ec l ct n b n ar ay Ju Se Ja Fe Ju O A M N D A M 2010 2011

  9. Slide 9: Monthly Churn

    Monthly Churn 2.50% 2.00% 1.50% 1.00% 0.50% c ct n r b n ov g ar p ay l Ju Ap De Fe Se Ja Ju Au O M M N 2009 2010 2011

  10. Slide 10: Subscribers

    Subscribers 800,000 700,000 600,000 500,000 400,000 300,000 200,000 100,000 0 UHF Satellite Wholesale MY SKY

  11. Slide 11: Subscriber Growth

    Subscriber Growth ‘000 2009 2010 % Change UHF Residential 22.8 0 (100%) DBS (Satellite) Residential 623.6 659.2 5.7% DBS Wholesale 111.3 118.4 6.4% Commercial/Other 21.3 24.8 16.4% Total Subscribers 779.0 802.4 3.0%

  12. Slide 12: MY SKY Subscribers

    MY SKY Subscribers 125,000 100,000 189,975 75,000 50,000 103,991 25,000 27,764 19,760 8,900 0 2006 2007 2008 2009 2010

  13. Slide 13: Additional Outlets

    Additional Outlets 127,703 125,000 103,974 84,770 100,000 73,751 75,000 58,309 50,000 25,000 0 2006 2007 2008 2009 2010 UHF Satellite

  14. Slide 14: MY SKY/HDi Subscribers

    MY SKY/ HDi Subscribers 125,000 100,000 170,248 75,000 84,002 50,000 25,000 27,764 19,727 19,760 19,989 8,900 0 2006 2007 2008 2009 2010

  15. Slide 15: Total ARPU

    Total ARPU $67.61 $64.00 $62.10 $60.50 $58.30 2006 2007 2008 2009 2010

  16. Slide 16: MY SKY ARPU

    MY SKY ARPU $84.61 $78.02 2009 2010

  17. Slide 17: Advertising Revenue

    Advertising Revenue $23 $27 $22 $7 $21 $40 $41 $40 $36 $33 2006 2007 2008 2009 2010 Year End 30 June SKY PRIME

  18. Slide 18: Total Television Market Advertising Revenue

    Total Television Market Advertising Revenue 11% 8% 4% 3% -2% -4% -7% -10% -16% -18% Jun 08 Qtr Sep 08 Qtr Dec 08 Qtr Mar 09 Qtr Jun 09 Qtr Sep 09 Qtr Dec 09 Qtr Mar 10 Qtr Jun 10 Qtr Sep 10 Qtr

  19. Slide 19: Programming Costs % Revenue

    Programming Costs % Revenue 33% 33% 32% 33% 32% 2006 2007 2008 2009 2010

  20. Slide 20: EBITDA

    EBITDA $287.5 $266.6 $261.0 $247.7 $249.4 2006 2007 2008 2009 2010

  21. Slide 21: Net Profit/(Loss)

    Net Profit/(Loss) $97.7 $103.0 $88.1 $60.2 $77.9 2006 2007 2008 2009 2010

  22. Slide 22: 2010/11 Guidance

    2010/11 Guidance Analyst Consensus Forecasts FY10a FY011 MEAN EBITDA 288 320 EBIT 175 200 NPAT 103 121 Capex 139 119 Subscribers 802 827 • Sky is comfortable with the analyst’s current mean forecasts.

  23. Slide 23: Online Media Platform

    Online Media Platform * Crown Fibre Holdings

  24. Slide 24: Online Media Platform: Phase 1

    Online Media Platform • Phase #1 – Delivery to home or office computer – Open to SKY Subscribers only – Stream 3 Sport Channels – Movies Tier Subscribers will have the ability to view 100 different movie titles which are scheduled on the SKY Movies tier. – Viewers able to catch up on 10‐20 programme

  25. Slide 25: Online Media Platform: Phase 2

    Online Media Platform • Phase #2 – Delivery to Home or Office computer – Options for PPV charges to be put on SKY bill – Open to Non‐SKY Customers

  26. Slide 26: Online Media Platform: Phase 3

    Online Media Platform • Phase #3 – Selling content electronically – Delivery to 3rd Party platforms such as XBOX, IPAD, Play Stations and Internet enabled TV’s

  27. Slide 27: Online Media Platform: Phase 4

    Online Media Platform • Phase #4 – Delivery to the MY SKY Hard drive

  28. Slide 28: Sky Network Television Annual General Meeting

    SKY NETWORK TELEVISION ANNUAL GENERAL MEETING 2010

Sky Network Television — Shareholder Meeting (October 2010) on 6ix