Universal Australia Staff Meeting Tuesday 6th September - - PowerPoint PPT Presentation

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Universal Australia Staff Meeting Tuesday 6th September - - PowerPoint PPT Presentation

Universal Australia Staff Meeting Tuesday 6th September International Home Entertainment Marketplace A $25Bn category in 2011 Declining from a $28Bn Category in 2008 Digital emerging as a viable alternative Customer base is


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SLIDE 1

Universal Australia Staff Meeting

Tuesday 6th September

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SLIDE 2
  • A $25Bn category in 2011
  • Declining from a $28Bn Category in 2008
  • Digital emerging as a viable alternative
  • Customer base is evolving and moving online
  • Piracy is increasing
  • Operating costs are rising globally
  • Studios are looking at how they operate

International Home Entertainment Marketplace

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SLIDE 3
  • Fourth largest International Market behind UK,

Germany & Japan

  • Strong and highly rated team
  • Ranked between 5th and 7th largest Studio in territory
  • Market has declined by X% since 2008
  • Profit has declined by X% since 2008

Universal Australia

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SLIDE 4
  • The Home Entertainment market is changing
  • We want to lead change - not be led
  • To influence the shape of the future
  • First mover advantage is important
  • Our Customers are asking and needing us to change

Why we want to Lead Change

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SLIDE 5
  • A Joint Venture between Universal Pictures &

Sony Pictures Home Entertainment

  • 50/50 Ownership between the two Businesses
  • World class content from Universal and Sony
  • Largest Home Entertainment business in Australia
  • February 1st 2012 go-live date
  • Unique in the world

A New Business Model

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SLIDE 6

UNIVERSAL AND SONY PICTURES HOME ENTERTAINMENT AUSTRALIA

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SLIDE 7
  • JV will sell, market, produce and distribute all Universal and Sony content – New

Release, TV, Special Interest and Catalogue, as well as Locally acquired content.

  • One team in Sales, Marketing, Finance and Operations to deliver for both Studios.
  • The JV’s Board members will be drawn 50/50 from Sony and Universal.
  • The MD will report to a Board of 3 Sony & 3 Universal Executives.
  • Sony DADC will continue to undertake physical distribution and order

management on behalf of the JV, with combined volumes and efficiencies.

  • The JV will design and manage all marketing programs and plans.
  • The JV will negotiate and operate new Vendor and Customer terms.

Operating Principles

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SLIDE 8
  • Change
  • A new Company
  • A new structure
  • A new Team created from Universal & Sony employees
  • A new home in Market Street
  • New systems
  • A huge opportunity, and long term stability
  • Real scale in the market
  • Opportunity to engage the Best Suppliers

What does it mean for us?

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SLIDE 9
  • One point of contact for all Universal & Sony titles
  • One box delivery
  • One invoice
  • One Merchandising solution
  • One set of trading terms
  • The greatest depth and breadth of product in Australia
  • The best team in Australia
  • Market leading consumer insight / category trends across Local

and Global markets

  • Greater efficiency
  • More profit

What does it mean for our Customers?

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SLIDE 10
  • Managing Director

Jim Batchelor

  • Marketing Director

Cindy McCulloch

  • Sales Director

Paul Courtney

  • Operations Director Kate Bradbury
  • Strategy Director Catherine Tan
  • Finance Director

Peter Ayling

  • HR Manager

Kelly Dowen

  • Legal Advisor

John Bourne

The Management Team

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SLIDE 11
  • Jon Horley
  • New Zealand will not form part of the JV
  • Universal TV, Theatrical etc will be unaffected
  • A UPA Finance function will remain at Munn Reserve to

service other NBC Universal business’ led by Amanda Blinkhorn

  • Acquisitions will continue to be led by Joanna White,

who will move with the JV

  • Liz van Hooven will return as interim MD as I transition

into the JV

Other Key Personnel

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SLIDE 12
  • Functional meetings this afternoon
  • 121 meeting with Directors
  • Customers and Vendors notified this afternoon
  • Press Release at 6pm
  • Face to Face meetings with Customers on Wednesday &

Thursday

  • Clarity on your role by Monday, 19 September

Next Steps

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SLIDE 13
  • Announce Date 6th September
  • Notify Customers/Vendors

6th September

  • Team Appointed19th September
  • Vendor Negotiations

Sept / Oct

  • Customer Negotiations

Sept / Oct

  • Systems Go Live

31st October

  • Full team in Market Street9th January
  • GO LIVE 1st February

High Level Timeline to Go-Live

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SLIDE 14

Questions?

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SLIDE 15
  • Sales Team : Boardroom
  • Marketing Team : Level 2
  • Finance Team : Amanda’s Office
  • Operations Team : Level 4 Music
  • Acquisitions Team : Joanna’s Office

Functional Breakout Meetings