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April 17, 2019Cinema market trends 2019 – Australia and New Zealand
Market Outlook, ReportsCinema revenues in Australia are projected to decline gradually over the next 5 years primarily due to cheaper substitutes on offer for consumers. Netflix has paved the way for cinema disruption and distributed 75 original films in 2018. Fellow disrupter MoviePass has continued to struggle due to an unprofitable business model.
April 12, 2019Monthly Australian TMT Wrap: March 2019
Market Outlook, ReportsThe number of announced transactions in March is low relative to February. A number of companies raised capital for a range of purposes, which were well received by the market. The volatility in Lyft’s share price post listing has shown that the market has struggled to price Lyft due to a lack of comparable listed companies in similar sector.
April 10, 2019Mobile Sports Streaming, Gaming and E-sports: A revenue opportuni [...]
Market Outlook, ReportsThere’s been a lot of speculation in the market about the revenue upside for 5G operators. Our latest Australian consumer survey shows there is good 5G market awareness and that 18% of subscribers would consider paying a price premium for a better 5G network experience. Venture Insights believes a 5G product which allows subscribers to move to a separate 5G slice which provides enhanced data throughput would clearly work with the gaming and sports consumer segments and benefit the network provider if offered as a (for example) $5 - $10 monthly option. The risk is that if Telcos stick with AYCE and unlimited plans, then the platform operators (such as Google Stadia) will benefit from the cloud based gaming subscriptions and take advantage of a better 5G network
April 3, 2019eSports and Broadcasters – to TV or not to TV…
Flash Report, ReportseSports viewership and revenues have grown significantly in the past few years and look set to continue growing rapidly. The rapid growth and the much-coveted millennial viewer base has caught the eye of traditional broadcasters who are looking at ways to explore this new content genre. But has the eSports ‘gravy train’ already left the station?
April 2, 2019Apple Card – allowing the fox into the henhouse…
Free Sample, ReportsIn the four years since Apple Pay was launched, major banks and retailers around the world have allowed customers to use their iPhones to make payments. On 25 March, Apple went one step further and announced its plans to release a digital-first credit card, Apple Card, partnering with global payments network MasterCard and investment bank Goldman Sachs.
April 1, 2019Expectations versus reality in data-driven healthcare – how [...]
Flash Report, ReportsOn 19 March 2019, Venture Insights conducted a health sector breakfast roundtable (in our Melbourne and Sydney offices) to discuss the topic “Expectations versus reality in data-driven healthcare – how do we solve the medical data conundrum?”. We had two speakers: Karn Ghosh, CEO and founder of health-tech firm Hit100, and Dr Sam Prince from the Sam Prince Group and broad discussions and healthy debate among our 35 attendees. We discussed the challenges faced by health-tech businesses that arise from the current siloed, unstructured nature of health data across the Australian healthcare industry and what can be done to improve the collection and sharing of health data for the benefit of both industry participants and patients. The consensus view was that governments, health service providers, communities, individuals and emerging health tech businesses would all play a role in improving the quality of data collected, how it is stored, shared, analysed and used. These improvements will help build trust and grow consumer confidence which in turn should lead to health system efficiency improvements and better health outcomes.
March 27, 2019NBN update plus our views on sale options and timing
Flash Report, ReportsKey NBN 1H19 financials were roughly in line with expectations, but the growing number of Service Class 0 premises may be a threat to NBN’s activation targets, and an opportunity for bypass options such as fixed wireless. Given the upcoming federal election, what sale options and strategies could the Government consider in 2019?.March 22, 2019Monthly Australian TMT Wrap: February 2019
Monthly wrap, ReportsFebruary saw an increased level of market activity in comparison to January. The uncertainty around the TPG-VHA merger continues, with TPG is likely to write down the value of its spectrum licenses and mobile network assets in event the merger doesn’t get ACCC approval.
March 21, 2019TPG 1H19 – Business sector to be a key focus as NBN erodes Cons [...]
Flash Report, ReportsOn 19th March 2019 TPG released its 1H19 results. Overall profit plunged to A$46.9mn compared to A$198.6mn 1HY18, though much of this was a result of the write down of its spectrum assets and small cells mobile network. The announcement was also the clearest indicator of TPG potentially no longer offering entry level A$60 per month NBN, echoing industry consensus that NBN pricing is unsustainable.Free
March 13, 2019Equity crowdfunding in Australia: We have lift-off
Free Sample, Market Outlook, ReportsEquity crowdfunding has been celebrated as a game-changing alternative to venture capital and traditional business loans but has until recently been off limits to most retail investors. With the lifting of Australian restrictions on who can use equity crowdfunding platforms, there is cautious uptake from consumers and start-ups – with several platforms establishing a clear lead – but the claim of outsize returns will take time to be tested.
March 11, 2019ACCC’s Digital Platforms Inquiry – more regulation on the hor [...]
Flash Report, ReportsGoogle and Facebook have made their submissions relating to the ACCC’s Digital Platforms Inquiry. Both tech giants have focused their attention on the ACCC’s recommendation for the need to establish an "algorithm" regulator. If implemented it will have major consequences to the tech giants and potentially other players.Free
March 7, 2019Mobile payments – New Zealand moving from cashless to walletles [...]
Flash Report, Free Sample, ReportsThe New Zealand payments ecosystem has seen considerable disruption in the last decade with new technologies, innovations and new industry players changing the way we pay. In particular, contactless payments has laid the foundation for mobile payments with consumers increasingly looking to ditch their cards and wallets in favour of digital wallets or mobile payment apps.
March 6, 2019Sports SVOD – Can Foxtel deliver a KO?
Flash Report, ReportsOf all the video content genres, sport has the best reputation for delivering audience reach and a large number of viewers for traditional TV operators. But the rise of Sports SVOD and OTT platforms is threatening to undermine the established order. Foxtel has launched its standalone sports streaming service – Kayo Sports and signed up 100,000 subscribers within the first 3 months of launch.
March 1, 2019Vocus 1H19 earnings update: Losses in both Consumer and Business
Flash Report, ReportsOn 27th February Vocus announced its 1H19 earnings. Revenue increased slightly but EBITDA and profits remain on a downward trend. Consumer and business segments saw large declines in revenue and SIOs. In a year of “resetting”, Vocus faces the difficult challenge of extracting value out of its fibre assets through enterprise projects and transforming its Consumer segment with a renewed focus on mobile and wireless.Sector Telecom.
February 27, 2019oOh!media CY18 update: market outlook remains strong…
Flash Report, ReportsOn 25th February 2019, oOh!media reported its full year CY18 earnings update.Venture Insights forecasts strong growth for the OOH market. oOh!media reported strong earnings and looks set to benefit from the ongoing momentum in the OOH space albeit with some short-term slowdown due to the elections.Sector Media.
February 26, 2019Seven and Nine 1H19 update – increasing share in a declining ma [...]
Flash Report, ReportsSeven West Media and Nine Entertainment reported their 1HFY19 earnings last week. With a challenging environment for the core FTA business, traditional broadcasters must focus on improving audience share, driving new audience growth through digital content offerings and taking costs out of the business.Sector Media.February 20, 2019Monthly Australian TMT Wrap: January 2019
Monthly wrap, ReportsJanuary was a rather quiet month in the Australian M&A space, with the ELMO Software/ BoxSuite’s binding sale agreement as the only major transaction. The launch of 5G networks in Australia continues with the results of the 3.6GHz spectrum auctions, though TPG will scale down its deployment due to the Huawei equipment ban.
February 20, 2019Australian Telco Breakfast Roundtable: Five key discussion topics [...]
Flash Report, ReportsBackground- On 19 February 2018, Venture Insights conducted a telco industry breakfast roundtable (in Melbourne and Sydney) to discuss the following five key topics for 2019. The consensus view was that these topics are both inter-related and very dependent on government decisions and future policy. In that regard, Australia is seen as unique to the extent to which government policy has determined market structure in the telco industry.
- Will 5G leadership lead to market share gain and ARPU increases?
- Will 2019 be the year of take-off for fixed wireless broadband substitution?
- Will there be consolidation in the IoT market in 2019?
- Will the Government announce its NBN sale strategy in 2019?
- What will be the outcome of the proposed TPG – VHA merger?
Sector Telecom.
February 19, 2019Domain 1HFY19 update: pricing power and depth penetration save th [...]
Flash Report, ReportsOn 15th February 2019, Domain reported its 1HFY19 earnings. Pricing power, depth penetration and adjacent businesses drove revenue growth in an otherwise tough housing market while weakness in print meant overall revenue growth was flat YoY.Sector Media.
February 18, 2019Telstra and Optus – nbn pain, falling ARPUs and the fight for 5 [...]
Flash Report, ReportsOn 14th February 2019 Optus and Telstra announced their latest earnings. Both revenue and earnings remained subdued as subscriber growth was offset by a slowdown in NBN migration payments, and continuing pressure on mobile ARPUs. 5G and Fixed Wireless remain key growth areas going forward.Sector Telecom.Free
February 13, 2019AI in Insurance: Disruption Assured
Free Sample, Market Outlook, ReportsArtificial intelligence (AI) has enormous potential to disrupt across the data- and process-heavy insurance value chain. The growth of AI startups and adoption of (AI) by Australian insurers began in earnest over the last two years. The approach taken so far is one of collaboration rather than direct competition between incumbents and disruptors.
February 11, 2019REA Group 1HFY19 update: growth in a challenging environment
Flash Report, ReportsOn 8th February 2019, REA Group reports its 1HFY19 earnings. Core Australian business continues to drive earnings and revenue growth in spite of a tough macro environment but a write-down in the Asia business impacted earnings for 1HFY19.
February 11, 2019UK TV set viewing trends: linear audiences tumble in 2018
Market Outlook, Reports2018 was another bad year for traditional TV set viewing of broadcast channels, with a 5% decline year-on-year—its steepest since 2011. The decline accelerated among most demographics, but particularly for 16-34s, down 13% YOY from their already relatively low levels of TV viewing. Unmatched use, which includes viewing to Netflix, Amazon and YouTube, continues to grow, up 16% YOY, with both linear viewing and unmatched use becoming increasingly solitary activities. While heavier linear TV viewers are accounting for a greater proportion of linear TV viewing, it is the lighter TV viewers that are accounting for a greater proportion of unmatched use. Within the broadcast ecosystem, ITV had the strongest 2018 thanks to the FIFA World Cup, more Coronation Street, and Love Island. Most other broadcasters struggled in terms of viewing share, but the maturity of the market means major shifts continue to be rare.February 7, 2019TPGs merger strategy must focus on potential merger undertakings [...]
Flash Report, ReportsThe ACCC has extended its decision time for the proposed TPG-VHA merger and has raised preliminary concerns that it will lead to a substantial lessening of competition. TPG has announced that it has ceased the rollout of its mobile network. Our report looks at the likelihood of whether the TPG/VHA merger will be approved given the potential no-merger test options which the ACCC could consider.Sector Telecom.
