Reports

Filter by

Filter by

Filter by

  • September 27, 2018

    Mobile Video, 5G Adoption and Telco Media Strategies

    ,
    Telcos, both globally and locally, have increasingly turned to media and content, in particular sports content, to provide diversification, differentiation and to turn around slowing growth in revenue and ARPUs. Venture Insights’ latest mobile survey shows strong interest in both 5G adoption and mobile video usage – indicating a clear consumer use case for 5G.
    Sector .
  • September 26, 2018

    Telcos and the battle for HDMI 1 – bringing everything under on [...]

    ,
    The rise of SVOD platforms has driven a significant change in TV viewing habits with viewers having an unprecedented choice of content. The result is a fragmented video market which has made it increasingly complex for users to manage the various sources of content that are available.  
    Sector .
  • September 19, 2018

    TPG FY18 earnings update: Steady, as merger approaches

    ,
    On 18th September 2018, TPG announced its full FY18 financial results as an independent entity. Consumer performance has declined slightly, but TPG has extracted value out of its fibre assets in the corporate segment. Overall, the outlook for TPG is positive as it looks to utilise Vodafone’s mobile capabilities and branding to complement its own broadband strengths.
    Sector , .
  • September 18, 2018

    nbn Corporate Plan 2019 – challenging times ahead

    ,
    nbn recently released its Corporate Plan 2019. Key performance targets were not met largely due to a delay in the HFC rollout, and as a result future forecasts were downgraded, and revenues deferred. As the rollout passes the halfway mark, nbn must focus on sustaining infrastructure quality, adopting a successful wholesale pricing strategy and address customer complaints issues.
    Sector , .
  • September 17, 2018

    UK Broadcast TV is growing very old, very quickly

    ,
    UK mobile market service revenue grew by 1.7% in Q2, up from 1.3% in the previous quarter, a disappointing result in the context of boosts from both IFRS 15 accounting and the annual price rises in the quarter. O2 was the star performer this quarter, with its service revenue growth leaping ahead to claim the top spot. BT/EE’s service revenue growth declined on an underlying basis, with weak contract net adds over the last six months catching up with it, and H3G and Vodafone were slightly improved and steady respectively excluding some one-off effects. Next quarter, the impact from the EU roaming cuts will annualise out, providing a substantial fillip to all operators. Ceteris paribus, this would put market growth in the vicinity of 4%, a figure not reached for years.
  • September 13, 2018

    IoT Impact 2018 – Preparing Australia for IoT

    ,
    The inaugural hosting of Australia’s largest Internet of things (IoT) conference and expo IoT Impact was held at the University of Technology, Sydney on 10-11 September 2018. IoT is truly here to stay and already making huge impacts across a variety of sectors. Government and private companies need to collaborate to ensure successful implementation of IoT to deliver long term benefits.

    Sector , .
  • September 11, 2018

    UK mobile market Q2 2018: Disappointment before dawn

    ,
    UK mobile market service revenue grew by 1.7% in Q2, up from 1.3% in the previous quarter, a disappointing result in the context of boosts from both IFRS 15 accounting and the annual price rises in the quarter. O2 was the star performer this quarter, with its service revenue growth leaping ahead to claim the top spot. BT/EE’s service revenue growth declined on an underlying basis, with weak contract net adds over the last six months catching up with it, and H3G and Vodafone were slightly improved and steady respectively excluding some one-off effects. Next quarter, the impact from the EU roaming cuts will annualise out, providing a substantial fillip to all operators. Ceteris paribus, this would put market growth in the vicinity of 4%, a figure not reached for years.
  • September 10, 2018

    Japan’s recorded music market starts to stream

    ,
    Recorded music revenues in Japan are stuck in decline as physical sales sag, although 2017 marks the first year when streaming gained a foothold with 8 million subscribers. J-pop fans spend on 'experiences' with their idols including events, merchandise, CDs and DVDs, which streaming cannot replicate. Top native LINE MUSIC offers integration with a popular messaging app and bundling with mobile. Serving international repertoire, Apple Music claims more subscribers than Spotify in Japan, which is more localised, and has most users on the free tier. Amazon Prime Music is a looming constraint on the adoption of subscriptions. 
  • September 5, 2018

    High 5G consumer interest keeps pressure on network rollout

    ,
    Operator positioning for 5G network plans in Australia and New Zealand continues to pick up pace – as Venture Insights’ latest consumer mobile survey demonstrates strong interest from Australian consumers. Leadership in 5G network rollout is likely to provide strong benefits from the acquisition of early adopters from competing networks.

    Sector .
  • September 4, 2018

    When an Amazon TV show wins a Golden Globe, Amazon sells more sho [...]

    ,
    Over the past two decades, Amazon has grown to become the largest ecommerce player in the world. But to think of it as just an online retailer would be underestimating its presence across multiple other services and markets. Within this, Amazon Video is fast emerging as a key pillar of Amazon’s overall business as it uses video to increase Prime memberships and improve user stickiness on the Amazon platform.

    Sector , .
  • September 3, 2018

    UK Commercial TV impact trends: better than viewing trends, worse [...]

    ,
    There has been no shortage of attention paid to declining TV viewing over recent years, but much of it focuses on overall viewing time rather than advertising delivery. This is to overlook the engine driving most of the UK’s television industry. Commercial impact delivery has held up well relative to overall viewing, and is strong for certain key demographics. Nonetheless there are generational and behavioural changes afoot which are exerting downward pressures on impacts, especially for younger audiences. An archipelago of Love Islands is needed (Stranger Things have happened).

    Sector , .
  • Free
    August 31, 2018

    Consumers lose while the market wins: TPG and Vodafone merger

    , ,
    TPG and Vodafone announced the merging of the two companies to form a third major telco which will challenge leaders Telstra and Optus. This move is positive news for the market as the likelihood of a mobile price war is expected to be reduced, stabilising ARPUs and margins.  

    Sector .
  • August 30, 2018

    IoT in Transport – rise of the connected transport market

    ,
    The Internet of Things is set to transform the transport industry by driving real-time connectivity between vehicles and transport infrastructure. In Australia, the transport IoT market is forecast to generate about A$5bn in revenue in the next five years.

  • August 29, 2018

    UK broadband, telephony and pay TV trends Q2 2018: Great volume, [...]

    ,
    The UK broadband subscription market re-accelerated in the June quarter, bucking a consistent downwards trend that has been established for over three years, with line rental and pay TV subscriptions also accelerating having both also experienced a more general downwards shift over the last few years. The broadband acceleration may be short-lived, with line rental only a little more sustainable. Pay TV is perhaps the most robust recovery given that the over-the-top new entrants (primarily Netflix and Amazon) are now firmly establishing themselves as add-ons not substitutes.Revenue growth however took a more familiar path, dipping to 1.6% from 2.8% in  the previous quarter, as BT’s overlapping price increase predictably dropped out, partially mitigated by an improvement in ARPU growth at TalkTalk caused by an improved (i.e. slightly less damaging) mix effect.  
  • August 27, 2018

    Audible, audiobooks and lessons from Amazon in the UK

    ,
    Audiobooks are growing fast, driven by smartphone adoption and better supply, as well as interest from people who don’t usually buy books, such as young men. The sector is dominated by the presence of Audible, Amazon’s audiobook publisher/retailer, which has driven growth of audiobooks but put publishers under pressure. Its strategy is a lesson in Amazon’s approach to media. Audio is an opportunity to sell to new customers, but publishers must acquire and use rights responsibly, and experiment while not letting the audio tail wag the print dog.  
    Sector .
  • August 27, 2018

    Nine Entertainment FY18 earnings update: digital drives growth

    ,
    On 23rd August 2018, Nine Entertainment reported its FY18 earnings. Strong ratings performance in key demographics, rise in digital subscriber base and focus on controlling costs drove an uplift in revenue and earnings for FY18.

    Sector .
  • August 24, 2018

    Vocus FY18 earnings update: Focus on the business segment

    ,
    On 22nd August 2018, Vocus announced its FY18 financial results. Despite revenue and EBITDA increasing slightly, net profit fell 16%. Its SMB product Commander posted a revenue decline of 15%. Vocus needs to take immediate action to make the most of its fixed asset opportunities, acquire larger market share in Enterprise in NSW and VIC, and focus on differentiated products that reduce its dependence on legacy solutions.

    Sector .
  • August 23, 2018

    Seven West Media FY18 earnings update: going all in on cricket

    ,
    On 21th August 2018, Seven West Media reported its FY18 earnings. While an improving core business and focus on cost reduction delivered operating profits that were at the upper end of guidance, new programming and sports content is expected to drive ratings and financial performance going forward.
    Sector .
  • August 21, 2018

    oOh!media earnings update: double digit revenue growth

    ,
    On 20th August 2018, oOh!media reported its first half CY18 earnings. While digital continues to underpin majority of the growth, product and customer diversification ensured double-digit revenue growth despite fluctuations in certain business segments.  
    Sector .
  • August 21, 2018

    Regulating harmful video content and advertising online: Publishe [...]

    ,
    Video-sharing platforms, such as YouTube and Facebook video, enjoy a light-touch regulatory regime for harmful content and advertising. As video viewing of non-broadcaster content grows, the regulatory gap between TV broadcasters and video-sharing platforms widens, part of a broader uneven playing field for publishers and platforms. However, there is momentum against this: the “platforms vs publishers” divide looks set to weaken in EU law, and the platforms themselves are investing more in combatting harmful content within a self-regulatory regime, though their internal policies and outcomes are still opaque. Effective and fair regulation of video-sharing platforms would involve the balancing of national freedom of speech conventions and the public utility of user-generated video hosting with concerned stakeholder views: something approaching a co-regulatory system for online video-sharing platforms.  
    Sector , , .
  • August 20, 2018

    Sky UK 2017/18 full year results: Winning the game of content

    ,
    Sky maintained strong revenue growth of 5% in 2017/18, with EBITDA and operating profit both bouncing back into strong positive territory after the UK Premier League rights hit of 2016/17. The UK grew revenue well and profits better; Italy performed well and should improve much further given the retreat of its principal competitor; Germany is more challenged, but extra content investment may aid sustained growth. Sky is proving adept at managing content costs and revenue in a changing environment, with investment, cost control and monetisation all being put to effective use as the content type demands it.  
  • August 20, 2018

    Virgin Media Q2 2018 results: Measured approach in a tough market

    ,
    Virgin Media had a mixed quarter, with subscriber ARPU growth maintained, partly driven by a triple play focus with pay TV and telephony adds much improved, but subscriber and broadband net adds unchanged. Cable revenue growth did slow from 3.6% to 3.1%, mainly due to the previous quarter’s net adds slowdown working through, and it is still growing the fastest of the big operators in a slow-growth market that still suffers from pricing pressure at the low end. Its network roll-out was slower than last year and only just above the weather-impacted previous quarter, which appears to be deliberate, and which may at least partly relate to an uncertain regulatory and commercial climate over ‘full fibre’ roll-out by others.  
  • Free
    August 17, 2018

    Telstra FY18 earnings update: there’s a lot riding on 5G and Io [...]

    , ,
    On 16th August 2018, Telstra announced its FY18 earnings. While subscriber growth remained strong, it was not strong enough to offset ARPU declines. Telstra is betting its future on new initiatives (IoT) and network technologies (5G) to remain ahead in times of increasing competitive pressure in both fixed and mobile, however it faces competition from multiple other market participants.    
    $0.00
    Sector .
  • August 17, 2018

    Local TV: Five years after launch

    ,
    ­­­­Although launched with an array of public service goals in mind, local TV’s flawed design has created a sector struggling to live up to its optimistic ambitions. Five years and £37 million of licence fee monies later, it is unclear what public service contributions are being made, or whether the scheme has provided value-for-money. A wholesale review of the sector is urgently needed. The vision of a “thriving and sustainable” sector has fallen flat. Most licences remain loss-making, with doubts as to their long-term viability. Those operating low-cost models seem best placed to survive.    
    Sector .