MTG SEP 2014 SHAPING THE FUTURE OF ENTERTAINMENT
REVENUE SPLIT BY TYPE (2013) 
REVENUE SPLIT BY SEGMENT (2013) 
28% 
41% 
31% 
Emerging Markets 
Pay-TV Nordic 
Free-TV Scandinavia 
44% 
47% 
9% 
Advertising 
Subscription 
Other 
MTG IN BRIEF AN INTEGRATED AND DIVERSIFIED TV OPERATOR… 
2 
…WITH A STRONG CONTENT ARM AND A DIGITAL FOCUS. IN 131 COUNTRIES & REACH >150M PEOPLE
A UNIQUE PLATFORM 
A SUCCESSFUL TRACK RECORD (10Y) 
A BRIGHT FUTURE 
THE STORY A UNIQUE BUSINESS MODEL WITH A BRIGHT FUTURE 
11% SALES CAGR 14% EBIT CAGR 27% ROCE (AVE.) 11% TSR CAGR 
INTEGRATED & DIVERSIFIED PLATFORM AGNOSTIC DECENTRALIZED 
CONTENT RICH AT THE FOREFRONT OF INNOVATION & TECHNOLOGY STRONG CASH FLOW & BALANCE SHEET 
3
COST FOCUS & OPERATIONAL EXCELLENCE 
GROWTH + VALUE CREATION 
CONTENT 
DIGITAL 
GEO EXPANSION 
LONG TERM VALUE CREATION BASED ON CLEAR GROWTH STRATEGY 
4 
4
CONTENT REMAINS KING AND WE ARE THE BIGGEST BUYER IN TOWN 
879,470 
481,800 
394,200 
297,840 
236,520 
210,240 
0 
100,000 
200,000 
300,000 
400,000 
500,000 
600,000 
700,000 
800,000 
900,000 
1,000,000 
MTG 
RTL 
Bonnier 
Mediaset 
CME 
Pro7 
TOTAL NUMBER OF BROADCAST HOURS (2013) 
SOURCE: MTG Research 
5
LONG TERM PARTNERSHIPS WITH RELEVANT CONTENT PROVIDERS 
6
•Extended catch-up and preview on AVOD 
•Longer license period for series on SVOD 
•All devices allowed for distribution 
•Temporary download for SVOD 
•Increased runs on FTV features 
•Conversion rights to allocate content best 
•Spend allocation for platform of choice 
•No extra costs on library films 
•Volume discounts and fee removals 
•Decrease on year-on-year escalation 
THE NEW MODEL DRIVING UTILIZATION & MONETIZATION 
INCREASED CONTENT UTILIZATION 
CONTENT ACQUISITIONS FLEXIBILITY 
7
Season 1-8 Available 
24: LIVE ANOTHER DAY CROSS-COLLABORATION 
Season 9 US Premiere 
Exclusive Premiere 
24 hour promotion 
Premiere on Free-TV 
Available on Catch-up 
1 Month Before US Premiere 
US Premiere 
1 Day after US Premiere 
1 Day Before Free-TV Premiere 
1 Week after US Premiere 
1 Day after 
Free-TV Premiere 
Premiere on 6 May attracted record number of daily users for an acquired series – more than 2x number of users for any other acquired series ever! 
8
9 
A SCALE CONTENT PLAYER 
- 
#1 IN THE NORDICS 
WITH AN EXPANDING EMERGING MARKETS FOOTPRINT 
& GLOBAL DISTRIBUTION CAPABILITY 
9 
9
WE ARE WELL POSITIONED AS WE HAVE THE CONTENT YOU LOVE 
10
WE ARE WELL POSITIONED AS WE HAVE THE TV YOU LOVE 
11
WE ARE WELL POSITIONED AS WE HAVE THE SPORTS YOU LOVE 
12
WE ARE WELL POSITIONED AS WE HAVE THE GAMES YOU LOVE 
13
LARGEST SHAREHOLDER IN CTC MEDIA (38%) 
RUSSIA’S LEADING INDEPENDENT MEDIA COMPANY WITH A 15% CSOV 
10 MILLION MONTHLY UNIQUE DIGITAL USERS 
HIGH GROWTH COMPANY WITH 2013 REVENUES OF USD 832M & 33% ADJUSTED OIBDA MARGIN 
NET CASH POSITION WITH A 50% PAY- OUT RATIO 
14
TRACE is an international youth media brand with urban music & sports celebrity focus 15 successful pay-TV and digital platforms launched since 2003 
Now available in 131 countries including all 55 African countries 
TRACE SIGNIFICANTLY INCREASES PRESENCE IN AFRICA 
15
ESTABLISHED TRACK RECORD – PROFITABLE GROWTH AND GOOD TSR 
INTEGRATED, DIVERSIFIED & PLATFORM AGNOSTIC – A PROVEN CONCEPT 
CLEAR STRATEGIC DIRECTION – KNOW WHERE TO PLAY & HOW TO WIN 
CONTENT RICH IN A WORLD WITH RISING VIDEO CONSUMPTION 
STRONG BALANCE SHEET AND LONG TERM OWNERS 
STILL CHALLENGES AHEAD BUT HAVE MADE SIGNIFICANT INVESTMENTS TO FUTURE PROOF OUR BUSINESS 
SUMMARY 
16
MTG SEP 2014 
SHAPING THE FUTURE OF ENTERTAINMENT

MTG Corporate Presentation Sep 2014

  • 1.
    MTG SEP 2014SHAPING THE FUTURE OF ENTERTAINMENT
  • 2.
    REVENUE SPLIT BYTYPE (2013) REVENUE SPLIT BY SEGMENT (2013) 28% 41% 31% Emerging Markets Pay-TV Nordic Free-TV Scandinavia 44% 47% 9% Advertising Subscription Other MTG IN BRIEF AN INTEGRATED AND DIVERSIFIED TV OPERATOR… 2 …WITH A STRONG CONTENT ARM AND A DIGITAL FOCUS. IN 131 COUNTRIES & REACH >150M PEOPLE
  • 3.
    A UNIQUE PLATFORM A SUCCESSFUL TRACK RECORD (10Y) A BRIGHT FUTURE THE STORY A UNIQUE BUSINESS MODEL WITH A BRIGHT FUTURE 11% SALES CAGR 14% EBIT CAGR 27% ROCE (AVE.) 11% TSR CAGR INTEGRATED & DIVERSIFIED PLATFORM AGNOSTIC DECENTRALIZED CONTENT RICH AT THE FOREFRONT OF INNOVATION & TECHNOLOGY STRONG CASH FLOW & BALANCE SHEET 3
  • 4.
    COST FOCUS &OPERATIONAL EXCELLENCE GROWTH + VALUE CREATION CONTENT DIGITAL GEO EXPANSION LONG TERM VALUE CREATION BASED ON CLEAR GROWTH STRATEGY 4 4
  • 5.
    CONTENT REMAINS KINGAND WE ARE THE BIGGEST BUYER IN TOWN 879,470 481,800 394,200 297,840 236,520 210,240 0 100,000 200,000 300,000 400,000 500,000 600,000 700,000 800,000 900,000 1,000,000 MTG RTL Bonnier Mediaset CME Pro7 TOTAL NUMBER OF BROADCAST HOURS (2013) SOURCE: MTG Research 5
  • 6.
    LONG TERM PARTNERSHIPSWITH RELEVANT CONTENT PROVIDERS 6
  • 7.
    •Extended catch-up andpreview on AVOD •Longer license period for series on SVOD •All devices allowed for distribution •Temporary download for SVOD •Increased runs on FTV features •Conversion rights to allocate content best •Spend allocation for platform of choice •No extra costs on library films •Volume discounts and fee removals •Decrease on year-on-year escalation THE NEW MODEL DRIVING UTILIZATION & MONETIZATION INCREASED CONTENT UTILIZATION CONTENT ACQUISITIONS FLEXIBILITY 7
  • 8.
    Season 1-8 Available 24: LIVE ANOTHER DAY CROSS-COLLABORATION Season 9 US Premiere Exclusive Premiere 24 hour promotion Premiere on Free-TV Available on Catch-up 1 Month Before US Premiere US Premiere 1 Day after US Premiere 1 Day Before Free-TV Premiere 1 Week after US Premiere 1 Day after Free-TV Premiere Premiere on 6 May attracted record number of daily users for an acquired series – more than 2x number of users for any other acquired series ever! 8
  • 9.
    9 A SCALECONTENT PLAYER - #1 IN THE NORDICS WITH AN EXPANDING EMERGING MARKETS FOOTPRINT & GLOBAL DISTRIBUTION CAPABILITY 9 9
  • 10.
    WE ARE WELLPOSITIONED AS WE HAVE THE CONTENT YOU LOVE 10
  • 11.
    WE ARE WELLPOSITIONED AS WE HAVE THE TV YOU LOVE 11
  • 12.
    WE ARE WELLPOSITIONED AS WE HAVE THE SPORTS YOU LOVE 12
  • 13.
    WE ARE WELLPOSITIONED AS WE HAVE THE GAMES YOU LOVE 13
  • 14.
    LARGEST SHAREHOLDER INCTC MEDIA (38%) RUSSIA’S LEADING INDEPENDENT MEDIA COMPANY WITH A 15% CSOV 10 MILLION MONTHLY UNIQUE DIGITAL USERS HIGH GROWTH COMPANY WITH 2013 REVENUES OF USD 832M & 33% ADJUSTED OIBDA MARGIN NET CASH POSITION WITH A 50% PAY- OUT RATIO 14
  • 15.
    TRACE is aninternational youth media brand with urban music & sports celebrity focus 15 successful pay-TV and digital platforms launched since 2003 Now available in 131 countries including all 55 African countries TRACE SIGNIFICANTLY INCREASES PRESENCE IN AFRICA 15
  • 16.
    ESTABLISHED TRACK RECORD– PROFITABLE GROWTH AND GOOD TSR INTEGRATED, DIVERSIFIED & PLATFORM AGNOSTIC – A PROVEN CONCEPT CLEAR STRATEGIC DIRECTION – KNOW WHERE TO PLAY & HOW TO WIN CONTENT RICH IN A WORLD WITH RISING VIDEO CONSUMPTION STRONG BALANCE SHEET AND LONG TERM OWNERS STILL CHALLENGES AHEAD BUT HAVE MADE SIGNIFICANT INVESTMENTS TO FUTURE PROOF OUR BUSINESS SUMMARY 16
  • 17.
    MTG SEP 2014 SHAPING THE FUTURE OF ENTERTAINMENT