Thomas Ebeling
Chief Executive Officer
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Market position
1) Nordics; 2) Studio71 #1 MCN DE, top 5 globally; 3) Yieldlab #1 Premium SSP in DACH;
4) SVoD market DE, according to forsa; 5) Mobile and PC games publishers Europe, excluding direct publishing by developers.
Our market leading D&A portfolio
1 2 3 4 Digital & Adjacent
Digital Entertainment
Games
Top35)
PayVoD
Top34)
AdVoD
Ventures & Commerce
Travel
Leading German VC investor (M4R/E)
#1
Adjacent
Music, Artist Mgmt., Licensing
#5
A C
B
Beauty & Accessories
Top5
#2
#2
Online Comparison
Top 5
Q1 revenue split
#2 #12) #1
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2016 starts with significant y-o-y revenue growth …
External revenues Entity rec. EBITDA
[in EUR m] [in EUR m]
242
138
Q1 2016 Q1 2015
35 27
Q1 2016 Q1 2015
+75% +29%
1 2 3 4 Digital & Adjacent
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… driven by strong performance of Commerce and Entertainment
Digital
Entertainment Ventures & Adjacent Commerce
1 2 3 4 Digital & Adjacent
Revenues
[Q1 2016]
86m
EUR146m
EUR9m
EURRevenue growth (%)
[Q1 2016 vs. Q1 2015]
+66% +110% -44%
Revenue growth
[Q1 2016 vs. Q1 2015]
34m
EUR76m
EUR-7m
EUR| Page 58
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A
Online video advertising market Germany1)
in premium
#1
video ad market1)
[in EUR m]
124 88
Q1 2015 Q1 2016
1) Source: Nielsen Media Research, gross in-stream video ad market revenues Germany (without Google/YouTube, Amazon, Facebook and long-tail ad networks 2) Source: AGOF Internet Facts; Jan 2016 LTM vs. Jan 2015 LTM, 10+
3) Source: Internal data Q1 2016 vs. PY (Studio71 GER only, excl. Studio71 US).
+37%
video unique users2)+88%
video views in Germany3)Channel websites
Multi-channel network +40%
We maintain #1 position in the German premium video ad market
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Studio71 is a leading MCN in Germany and globally …
1) Source: ComScore YouTube Partners Report Mar 2016 (content views, desktop only, incl. music MCNs, Maker and Fullscreen not listed), Studio71 GER and Studio71 US combined; 2) Source: monthly video views retrieved from company websites, based on SocialBlade “Top 100 YouTube Networks” report (incl. music MCNs).
A
1 2 3 4 Digital & Adjacent
#1 MCN in Germany
ComScore MCN Ranking, March 20161)
Global
#5 MCN2)
#1
Warner Music Broadband
TV TubeOne
Networks Studio71 VEVO
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Over 3.2m VV/channel
… strongly growing with high reach throughout all channels
A
1 2 3 4 Digital & Adjacent
Strong growth of VV continued …
Studio71 global video views1) [in bn]
… with highest reach per channel2)
0.7 1.0 1.3 1.6 1.7 2.0 2.5 3.5
4.3
Mar Jun Sep Dec Mar Jun Sep Dec Mar
2014 2015 2016
1) Basis: before CDS acquisition pro forma incl. CDS; Source: YouTube CMS, own calculations; 2) Source:
monthly video views per company websites; number of channels per SocialBlade as of Mar 2016. Studio71 data per management. Analysis excl. music MCNs; 3) Source: Internal data (Mar 2016).
>400m
subscribers3)
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We continue to strengthen and expand our ad tech business
Demand Side
Platform Supply Side
Platform Ad server Video ad exchange
Advertisers / agencies
All “big four” agency groups are customers
of Smartstream.TV and/or Virtual Minds Majority of top AGOF publishers
use Virtual Minds technologies
Ongoing European roll-out and new investments
Sales houses / publishers
A
1 2 3 4 Digital & Adjacent
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maxdome continues to grow with new distribution platforms …
1) End of period Q1 2016 vs. end of period Q1 2015; 2) Q1 2016 vs. Q1 2015; 3) Average of period Q1 2016 vs. average of period Q1 2015; 4) Integration in new Entertain service (Telekom).
1 2 3 4 Digital & Adjacent
A
+83%
subscribersSVoD 1)
+32%
Total user base3)
+55%
Total video views2)
Top 3 market position New distribution platforms
2.5m
potential households4)
1.4m
potential households
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… now improving user experience with curated recommendations
1 2 3 4 Digital & Adjacent
New & unique customer proposition
Content discovery through curated recommendations
maxdome as trusted film expert
A
New Web
OTT Mobile
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Strong success of Starwatch Entertainment music artists
1 2 3 4 Digital & Adjacent
B
By label releases New
11 Echo awards
(out of 39 nominations)
7 top 10 chart entries
By label and music cooperation artists
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| May 3, 2016 | Note: Traffic statistics for ran.de and sportdeutschland.tv refer to Jan 2016; SAM Sports and ran FIGHTING are fully owned assets; Sportdeutschland.tv is a majority investment; eversport is a minority investment; National Football League (NFL) and all logos listed under sports products refer to acquired rights.
B
1 2 3 4 Digital & Adjacent
We have launched 7Sports to build a leading sports ecosystem
Reached new record levels:
70m Page Impressions p.m.
Significantly increased monthly traffic:3m video views p.m.
Signed two further German national soccer team players
Strong synergy creation
360° monetization of sports rights Great achievements on our sports
platforms … … enabled us to build a dedicated sports cluster
Digitization of sports consumption TV market share of 50% at
NFL Super Bowl 50
Sports products Athlete
mgmt. Sports events Digital
sports
NEW
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Outstanding etraveli performance is driving our Travel vertical
1) Business outside Nordics.
1 2 3 4 Digital & Adjacent
C
y-o-y revenue
+84%
growth
+85%
growth of internationalbusiness1)
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| May 3, 2016 | 1) Q1 2016 vs. Q1 2015 pro-forma revenues.
Online Comparison pushed by Verivox’ record performance in Q1
Market share gains
across all new product categories
Record performance of Verivox in Q1
+38% revenue growth1) C
1 2 3 4 Digital & Adjacent
80%
P7S1 stake| Page 68
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We continue the expansion of our Beauty & Accessories vertical
C
1 2 3 4 Digital & Adjacent
Launch of new own brands to strengthen leading position in the
sexual wellness market
+67%
+81%
+138% Strong private label
->50% of jewelry revenues1)
1) Jewelry revenues represent 61% of total revenues.
Beauty & Accessories majority assets Net sales y-o-y
Launch of new Austrian shop laid technical foundation for international
store rollout in 2016 75%P7S1
stake
100%P7S1 stake
51%P7S1 stake
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SevenVentures continues to stimulate the TV ad market
1) Selection 1 2 3 4 Digital & Adjacent
C
Innovative car sale marketplace
Logo
Peer-to-peer money lending marketplace
Logo
Producer of organic detox juices
Logo
New deals closed in Q11)
Innovative diet drink concept
Logo
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Digital & Adjacent: outlook
Deliver double-digit revenue growth in FY 2016
Continue bolt-on M&A and evaluate partnerships to further drive growth Further internationalize our digital verticals
1 2 3 4 Digital & Adjacent
3
1
2
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May 3, 2016