Astro's PATAMI Grew to RM176million
Date Released:25 Jun 2019
Share
Tweet
Astro Malaysia Holdings Berhad | Result highlights for the first quarter of the financial year ending 31 January 2020 (Q1FY20)
Revenue -6% y-o-y at RM1.2bn
EBITDA -4% y-o-y to RM444mn
PATAMI +1% y-o-y to RM176mn; underpinned by cost discipline measures
Strong FCF of RM252mn enables first interim dividend of 2.0 sen per share /li>
Pay TV ARPU +80 sen y-o-y to RM100.4
Total Adex -4% y-o-y to RM145mn; Digital Adex +13% y-o-y to RM9mn
Commerce revenue steady at RM84mn
Tun Zaki Azmi, Chairman of Astro, said: In a competitive media landscape, Astro continues to be cash generative, cost disciplined and proactive in its capital management. The Board is pleased to declare a first interim dividend of 2.0 sen per share.
Henry Tan, Chief Executive Officer of Astro, said: In a challenging market, we delivered PATAMI growth underpinned by efforts to optimise content cost and operating expenses. We continue to entertain and engage with 5.7mn households and 23mn individuals with signature vernacular and premium content as well as the biggest live sports on our Pay-TV and NJOI platforms.
Astro has also entered into exclusive partnerships with global OTT players including iQIYI, China's No. 1 video streaming platform and HBO Asia for HBO GO. All Astro movie pack customers have free access to HBO GO which has over 3,000 hours of content library. Under the partnership with iQIYI, Astro has the exclusive rights to deliver its content on TV, On Demand and OTT in Malaysia including the world's first iQIYI branded channel comprising an extensive slate of original content from drama to variety shows and movies. This is iQIYI's first such partnership in the region.
Henry Tan said, We are excited about the opportunity that iQIYI presents in technology leadership and content innovation. This partnership enables us both to leverage on the strength of our brands and skillsets to extend our reach in a content world which is increasingly personal and digital. Astro is working on more OTT partnerships and targets to announce more deals in the coming months.
Key Operational Highlights:
Growing On Demand and mobile viewing: Astro leads with TV viewership share of 73%. The number of connected set-top-boxes* rose 18% y-o-y to exceed 1mn, and correspondingly, On Demand video downloads increased by 51% to 16mn. Astro GO's registered users grew to 2.2mn, up 29% y-o-y.
Expanding radio and digital reach: Astro Radio brands continue to be No.1 in their respective languages, reaching 16.7mn weekly listeners and 13.2mn monthly digital streams. ERA leads with 6.5mn weekly listeners while MY reinforced its appeal amongst the Chinese-speaking fans with 2.3mn weekly listeners. Our digital brands - Astro Awani, Gempak, Xuan, Ulagam and Stadium Astro registered 9.3mn average monthly unique viewers.
Growing Digital Adex: Astro's digital Adex grew 13% y-o-y to RM9mn and achieved total Adex of RM145mn. While total Adex declined by 4%, Astro outperformed the industry Adex, which saw a 9% contraction.
Key Initiatives:
Introducing a new Astro experience: Customers with connected set-top-boxes and Astro GO users, can look forward to a new and unified interface as well as cloud recording capabilities in the coming months. The new Astro home screen will show users' favourite programmes available On Demand, as well as recommendations based on what they love to watch. Customers can also upgrade to the new Ultra Box to enjoy the brilliance of 4K-Ultra HD and cloud recording, which allows unlimited programmes to be recorded and watched on TVs and mobile devices.
Strong movie line-up in 2019: Astro's strong line-up of movies this year include Malaysia's first martial arts flick, Sangkar, a collaboration between Media Prima, Infinitus Gold and MM2 Entertainment; Boboiboy The Movie 2, a collaboration with leading animation producer, Animonsta; Wira, the next action movie by the director of Paskal The Movie; and The Garden of Evening Mists, an Astro Shaw production with HBO Asia and CJ Entertainment, featuring stellar international cast and crew.
The biggest entertainment on Astro
Stellar Raya TV viewership: Astro Malay channel share grew during this Raya, led by Ria, Warna and Prima channels - making Astro the preferred destination for Raya entertainment. Our Malay drama series, Curi Curi Cinta was the highest rated programme with over 3.0mn TV viewership.
Game of Thrones: The eighth and final season of the world's biggest TV series, Game of Thrones, was a hit in Malaysia with 2.1mn unique TV viewers. For the first time, non-Astro customers could purchase the special HBO Game of Thrones Pass. Fans also binged on all 8 seasons with 2.5mn episodes watched On Demand.
Kids animation IPs growing fans: Astro is home to the best kids content including local animation. Popular series, Upin & Ipin, achieved 2.7mn downloads while singalong animation Didi & Friends registered 686k downloads.
Short-form and digital-first content: 3 Gadis Manis Season 3 was released as a boxset on Gempak to encourage binge watching, achieving a record 5.3mn digital views.
Outlook
The market is increasingly challenging, with ongoing structural changes in the global content and media industry and threat of piracy. Astro is focused on strengthening its core Pay TV and NJOI businesses by elevating its customer service, redefining customer value propositions and refreshing its content. By leveraging on its multi platforms - TV, OTT, radio, digital, events, talents and its customer base, the company is building new revenue adjacencies in broadband, OTT, exporting content, data driven marketing network and commerce to drive stronger customer engagement. In addition to efforts on revenue, ongoing cost optimization initiatives will continue t
Asia, Australia & Oceanic Stories
24/04/2024
SBS marks Earth Day as The Cook Up with Adam Liaw becomes first Australian show ...
24/04/2024
Save money every day with SBS's Ricardo Gon alves and Peggy Giakoumelos on n...
24/04/2024
24 04 2024 - Media release Screen Australia celebrates Australian projects bound...
23/04/2024
Social entrepreneur Hedayat Osyan wins Les Murray Award for Refugee Recognition
23 April, 2024
Media releases
The prestigious award is now in its third yea...
22/04/2024
SBS marks Earth Day with Australian TV milestone as The Cook Up with Adam Liaw b...
18/04/2024
Alone Australia goes from strength to strength
18 April, 2024
Media releases
The program again delivers for SBS with significant uplifts in digital BVOD vi...
18/04/2024
18 04 2024 - Media release Screen Australia and Dynamic Television announce new Scripted Initiative
Savage River
Screen Australia and Los Angeles-based telev...
16/04/2024
ABS Agility Beyond Space announces Appointment of Mark Rigolle as its Chief Ex...
11/04/2024
Alone Australia Ep 2 reaches over 1m Australians
11 April, 2024
Media releases
The program continues to consistently grow week-on-week in linear audience w...
11/04/2024
11 04 2024 - Media release Screen Australia and Meta launch fourth year of First...
10/04/2024
10 04 2024 - Media release Screen Australia announces over $2.3 million for nine documentaries
Guardians of the River
Screen Australia has announced nine doc...
09/04/2024
Groundbreaking NITV documentary series Our Law expands across Australia from Thu...
09/04/2024
Techtel, the creators of inflo, today announced that a new speech to text transcription engine from openai called Whisper, is available to inflo customers who a...
04/04/2024
Manu Feildel, Miranda Otto and Pat Rafter join life-changing new season of Who D...
04/04/2024
Alone Australia season 2 continues to redefine Australian TV viewing through on-...
27/03/2024
Living Black, the longest-running Indigenous current affairs television program ...
26/03/2024
Crime is relative in SBS's new Canneseries nominated crime-family drama with...
25/03/2024
SBS gears up for Season 2 of Alone Australia with the creation of Alone Cologne...
22/03/2024
SBS Learn partners with the Islamic Museum of Australia to support classrooms in...
21/03/2024
21 03 2024 - Media release Screen Australia announces over $1.6 million in support of the games industry
Which Way Up: Galaxy Games
Screen Australia has anno...
18/03/2024
18 03 2024 - Media release Screen Australia and VicScreen launch new Screen Careers initiative
LTR Denise Eriksen, Esther Coleman Hawkins, Caroline Pitcher, K...
15/03/2024
15 03 2024 - Media release The Creators 2024 Participants Announced
The Creators program recipients. L-R Thomas Duncan-Watt, Vanessa Gazy, Sarah Lambert, Lea...
14/03/2024
SBS to mark Ramadan and Eid al-Fitr with all Australians
14 March, 2024
Media releases
Content in 22 languages*, a collection of movies to stream free on d...
14/03/2024
March 14,2024
-- KDDI Corporation
KDDI Corporation resolved at a meeting of the Board of Directors held today to change (newly appointed, retire) a director ...
13/03/2024
13 03 2024 - Media release Screen Australia announces dramas Critical Incident and Sunny Nights for Stan
Critical Incident: Akshay Khanna and Zoe Boe. Photo c...
07/03/2024
Explore the afterlife with SBS podcast Grave Matters'
6 March, 2024
Media releases
Most of us are woefully unprepared for one of life's few certai...
06/03/2024
Multi-award winning electronic music duo to represent Australia at this year'...
06/03/2024
Developing Lunar 3GPP Mobile Network Technologies for Moon Exploration
GITA...
04/03/2024
SBS announces new development fund to discover Australia's biggest and riski...
28/02/2024
Yumi Stynes returns for season two of SBS podcast SEEN'
26 February, 2024
Media releases
Eight new trailblazers join feminist Australian icon Yumi Sty...
28/02/2024
28 02 2024 - Media release Screen Australia announces over $810,000 in development funding for 29 projects
Willy
Screen Australia has announced 23 feature fi...
27/02/2024
27 02 2024 - Media release Michael Ebeid AM appointed as new Screen Australia Chair
Michael Ebeid AM and Megan Brownlow
The Hon. Minister for the Arts, Tony...
26/02/2024
Supporting AFEELAs entertainment experience and global launch with a communicati...
21/02/2024
21 02 2024 - Media release Screen Australia and Australians in Film Announce App...
21/02/2024
Aiming to deliver new video-related solutions utilizing 5G SA this year
Son...
21/02/2024
Support the team with gifts while enjoying AR games in the stadium
KDDI COR...
21/02/2024
KDDI CORPORATION
February 21,2024
-- Tokyo, February 21, 2024 From February 2...
20/02/2024
KDDI CORPORATION
February 20,2024
-- KDDI announces that its consolidated subsidiary, SORACOM, INC. (Headquarters: Minato-ku, Tokyo, CEO: Ken Tamagawa, herei...
15/02/2024
Alone Australia Season 2 Returns 27 March | Meet the Cast
15 February, 2024
Media releases
Smash hit series Alone Australia returns Wednesday 27 March on S...
15/02/2024
NITV's flagship footy show Over the Black Dot returns Tuesday 5 March, live ...
15/02/2024
15 02 2024 - Media release Screen Australia announces over $560,000 for crew and gamemaker skills programs
Liz Keogh Palmer (Australian Production Design Guil...
13/02/2024
2024 is a landmark year for SBS's award-winning current affairs line-up, cov...
13/02/2024
22 01 2024 - Media release Six Australian projects bound for South by Southwest Festival in the US
Audrey, Birdeater, The Moogai
Six Australian screen projec...
12/02/2024
12 02 2024 - Media release Screen Australia and YouTube Australia Launch Skip Ahead 9
Uncovering Street Dance: Australia from Skip Ahead 8. Photographed by Ry...
08/02/2024
08 02 2024 - Media release Screen Australia and ABC announce Bay of Fires is back for season two
Marta Dusseldorp as Stella in Bay of Fires
ABC, Screen Austr...
07/02/2024
4 in 10 Australians battling sleep issues as nation's sleep crisis grows
7 February, 2024
Media releases
Dr Michael Mosley and the sleep scientists fro...
06/02/2024
Six screen creatives selected for the 2024 SBS Emerging Writers' Incubator i...
02/02/2024
SBS Scripted TV Lunch sessions return for another year of connecting with creati...
02/02/2024
February 2,2024
-- KDDI Corporation
KDDI announced the financial results for the third quarter of the fiscal year ending March 2024.
Summary In the third q...
Astro's PATAMI Grew to RM176million 
