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20230920_MSIN_Laporan Informasi dan Fakta Material_31411732_lamp2.pdf
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Jakarta, Indonesia - 19 September 2023
PT MNC DIGITAL ENTERTAINMENT TBK
(IDX: “MSIN”)
The Financial Times Stock Exchange has just recently conducted a periodic adjustment on its
indexes. This move has excluded PT MNC Digital Entertainment Tbk ("MSIN" or "The Company") out
from its global equity index and therefore resulting a movement on MSIN’s share price yesterday.
MSIN was previously included in the Mid Cap category and as of 18 September 2023, MSIN has
been removed, causing several index funds to carry out their respective portfolio rebalancing.
However, the recent fluctuation of share price has nothing to do with the company’s fundamental
and performances. MSIN continues to focus in further improving and expanding its businesses to
cater to the public’s demands and maintain its position as the largest and most integrated media
and entertainment group in the country.
Business Updates
Content
Content remains the main element in the broadcasting business, and its role become much more
significant especially with the implementation of Analog Switch Off. MNC Group, which has 300,000
hours of content, will benefit, because this content can be sold to other channels, considering that
the Company has previously invested in content production infrastructure/studios, which means
production costs will be cheaper than competitors. In addition, by producing its own content
create limitless advertisement slot as it enables the Company to have advertising embed inside the
content.
Source: Company Data
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Social Media
The Company has been doing a great job of staying active on social media and has consistently
captured the attention of around 1.5-2 billion viewers every month. The Company’s subscriber
base on YouTube, including its Multi Channel Network (MCN), has now reached 206 million
subscribers with over 78 billion views. MSIN has also gained a substantial following of 70.2 million
followers on Facebook and a whopping 299.4 million on TikTok. With such a massive audience, it's
clear that MSIN has made a significant impact in the digital realm.
Source: MNC Internal Research – August 2023
iNews Media Group
The Company has currently adjusted its online portal operations in order to establish stronger
connections and enhance efficiency between MNC Media & Entertainment's subsidiaries through
iNews Media Group. iNews Media Group is the largest integrated media group covering news,
sports and newstainment. Consisting of six content pillars (iNews, Okezone, Sindonews, IDX
Channel, Sportstars, and Celebrities), iNews Media Group provides multiplatform news including
linear channels (Free To Air TV and Pay TV), online news portals, social media and radio. This is
expected to ultimately increase engagement and revenue for MSIN's portal businesses by shifting
towards a more direct sales approach, which will eventually lead to higher advertising rates.
Source: MNC Internal Research, July 2023
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RCTI+
RCTI+ is a superapp that provides a range of content categories, like Video, News, Audio, Hot+, and
TREBEL Music for music streaming entertainment. It operates on an advertising-based model,
meaning it generates revenue through advertisements. As of August 2023, RCTI+ already has an
impressive number of 69 million monthly active users. With this growing user base and its focus on
advertising-based Video on Demand (AVOD), RCTI+ is expected to make significant strides in terms
of market share and revenue attainment.
Vision+
Vision+ is an exciting SVOD Superapp that is quickly gaining popularity. It provides users with a
diverse range of entertainment options, including access to an exclusive collection of over 20,000
hours of video on demand content, 110 premium local and international linear channels, and
original content produced by Vision Pictures. As of Q2-2023, Vision+ has managed to attract an
impressive number of close to 41.1 million monthly active users. Additionally, Vision+ has
surpassed 2.5 million paid subscribers, showing that their content and features are captivating
enough for users to subscribe. To keep users engaged and interested, Vision+ is continually
working on a lineup of exciting programs. These offerings strive to provide even more reasons for
users to explore the app and stay connected with its content.
*Source: Google Analytics Source: Company Data
Comments From Valencia Tanoesoedibjo, Director of MSIN
“ The reason for the notable decline in MSIN's recent share price was attributed to the
alterations in the FTSE Global Equity Index. It's important to note that this drop is unrelated to
the company's fundamental performance, which remains strong. MSIN is still dedicated to
enhancing its performance, as evidenced by our continuous effort to expand our business
through many exciting ventures and collaboration. Furthermore, we are focus on monetizing
our content library as well as enhancing our digital superapps to be more in line with industry
trend. Our social media traction also remained promising with our presence still dominating
”
the online realm.
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For further information, please contact:
Investor Relations: PT MNC DIGITAL ENTERTAINMENT TBK
Luthan Fadel Putra MNC Tower, 29th floor
luthan.putra@mncgroup.com Jl. Kebon Sirih Kav 17 - 19
Samuel Hartono Tanoesoedibjo Jakarta 10340
samuel.tanoesoedibjo@mncgroup.com
Phone: 62-21 3913338
Stefanie Laurensia Prasetyo
Fax : 62-21 3910454
stefanie.prasetyo@mncgroup.com
Tallytha Amanda
tallytha.amanda@mncgroup.com
Disclaimer
By accepting this Press Release, you are agreeing to be bound by the restrictions set out below. Any failure to comply with these
restrictions may constitute a violation of applicable securities laws. The information and opinions contained in this Press Release have
not been independently verified, and no representation or warranty, expressed or implied, is made as to, and no reliance should be
placed on the fairness, accuracy, completeness or correctness of, the information or opinions contained herein. It is not the intention to
provide, and you may not rely on this Press Release as providing, a complete or comprehensive analysis of the condition (financial or
other), earnings, business affairs, business prospects, properties or results of operations of the company or its subsidiaries. The
information and opinions contained in this Press Release are provided as at the date of this presentation and are subject to change
without notice. Neither the company (including any of its affiliates, advisors and representatives) nor the underwriters (including any of
their respective affiliates, advisors or representatives) shall have any responsibility or liability whatsoever (in negligence or otherwise) for
the accuracy or completeness of, or any errors or omissions in, any information or opinions contained herein nor for any loss howsoever
arising from any use of this presentation. In addition, the information contained in this Press Release contains projections and forward-
looking statements that reflect the company’s current views with respect to future events and financial performance. These views are
based on a number of estimates and current assumptions which are subject to business, economic and competitive uncertainties and
contingencies as well as various risks and these may change over time and in many cases are outside the control of the company and its
directors. No assurance can be given that future events will occur, that projections will be achieved, or that the company’s assumptions
are correct. Actual results may differ materially from those forecasts and projected. This Press Release is not and does not constitute or
form part of any offer, invitation or recommendation to purchase or subscribe for any securities and no part of it shall form the basis of
or be relied upon in connection with any contract, commitment or investment decision in relation thereto. Any investment in any
securities issued by the company or its affiliates should be made solely on the basis of the final offer document issued in respect of such
securities.
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