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20250624_MSIN_Laporan Informasi dan Fakta Material_31908343_lamp2.pdf

RUPS minutes Needs review MSIN

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PT MNC Digital Entertainment Tbk (“MSIN” or “the Company”) convened its Annual General Meeting of
Shareholders (AGMS) on June 20, 2025. During the meeting, shareholders acknowledged and approved the
Company’s Annual Report and the audited financial statements for the fiscal year ending December 31, 2024.
The AGMS also decided that the Company’s net income will be recorded as retained earnings to support funding
requirements in line with the Company’s plans to strengthen its capital structure and drive business
development across all operational lines. This includes increasing original content production to accelerate the
growth potential of the Company’s digital platforms.




During the AGMS, MSIN announced the strategic appointment of three new directors to bolster its leadership
team. This move reflects the Company’s commitment to accelerating digital growth and enhancing monetization
across its media platforms.




                                    Since taking over as Managing Director, she has led Vision+ (SVOD OTT)
                                    through a period of exceptional growth, tripling its subscriber base to
                                    3.7 million as of Q1 2025. Her leadership has been pivotal in launching
                                    original content initiatives, including Vision+ Originals and a portfolio of
                                    exclusive short drama series. With her strategic direction, Vision+ is well
                                    -positioned to continue its trajectory of strong growth and innovation in
                                    the years ahead.




                                    Formerly the Chief Financial Officer of RCTI+ (AVOD OTT) and the
                                    Content & Talent Group, brings a wealth of financial and operational
                                    expertise to the board. His tenure in these roles contributed
                                    significantly to MSIN’s overall revenue performance, and his
                                    appointment is expected to support further financial discipline and
                                    scalable growth.




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                                                               –
                                   Previously served as Chief Sales & Marketing Officer at MNCTV and as
                                   Managing Director of Mediate, a leading media agency, joins the board
                                   with extensive experience in advertising and media strategy. In her new
                                   role, she will be responsible for overseeing advertising revenue growth
                                   for RCTI+ and enhancing strategic alignment between the Company’s
                                   digital platforms and MNC Media & Entertainment’s FTA TV group.




   MSIN delivered solid financial performance in 2024, generating revenue of IDR 3,470 billion, an 18% YoY
    increase from IDR 2,953 billion in 2023. This positive momentum continued into Q1-2025, with the Company
    recording a strong revenue of IDR 989.8 billion, reflecting a significant 30% YoY growth from IDR 760.7 billion
    in the same quarter last year. This performance highlights the continued success of MSIN’s digital
    monetization initiatives.
   EBITDA for 2024 reached IDR 760 billion, reflecting a substantial 22% YoY increase, resulting in an EBITDA
    margin improvement to 22%. Full-year net profit sharply increased to IDR 399 billion, up 51% from the
    previous year. In Q1-2025, the Company recorded an EBITDA of IDR 222.1 billion, a 7% year-on-year growth,
    while net profit grew by 5% to IDR 123.2 billion. This represents a net profit margin of 12%, reinforcing
    MSIN's operational discipline and sustained profitability.
   MSIN’s OTT platforms, RCTI+ and Vision+, delivered outstanding performance in FY-2024 and Q1-2025,
    driving significant growth for the Company. In FY-2024, the platforms generated IDR 1,480 billion in revenue,
    marking an 13% YoY increase, with EBITDA reaching IDR 329 billion, an impressive achievement in
    Indonesia’s competitive streaming market. Together, RCTI+ and Vision+ contributed 43% of MSIN’s total
    revenue and EBITDA.
   In Q1-2025, the OTT segment continued its strong momentum, with revenue growing 41% YoY to IDR 418.8
    billion and EBITDA increasing 37% to IDR 101.7 billion. Now a dominant force, the OTT segment accounts for
    42% of MSIN’s revenue and 46% of EBITDA, underscoring the strategic importance of RCTI+ and Vision+ in
    driving the Company’s profitability and future growth.
   The strong performance of the Company’s OTT platforms can be attributed to the strategic implementation
    of independent advertising on RCTI+, which has significantly enhanced visibility and user engagement.
    Additionally, the exceptional success of Vision+ is driven by our robust content strategy, which offers the
    most comprehensive and diverse range of content formats, catering to a broad spectrum of audience
    preferences.




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“ I am incredibly proud of the progress MSIN has made, particularly with the outstanding growth of
      Vision+ under Clarissa Tanoesoedibjo’s leadership. The expansion of our OTT platforms and the
      launch of original content have set a solid foundation for continued success in 2024 and beyond.
      With the addition of Rudy Hidayat and Jasmina Savitri Pratiwi to our leadership team, we are well-
      equipped to drive digital growth and further enhance our monetization strategies. Together, with
      the strong financial performance we’ve achieved, we are confident that our future remains bright,
      and MSIN will continue to lead in the digital entertainment space.


                                                                                                             ”
For further information, please contact:                                 PT MNC DIGITAL ENTERTAINMENT TBK
Investor Relations:                                                                      MNC Tower, 29th floor
   Luthan Fadel Putra                                                                Jl. Kebon Sirih Kav 17 - 19
   luthan.putra@mncgroup.com                                                                      Jakarta 10340
                                                                                         Phone: 62-21 3913338
                                                                                           Fax : 62-21 3910454




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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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