Brazil Buena Vista International Business Overview Orlando October 2006
Table of content FY06 performance FY07 overview FY07 Drivers Q1 Main titles P&L (The Guardian, déjà vu & Saw 3). Meet the Robinsons P&L. Pirates: at world ends: P&L and term analysis. Ratatouille: P&L and dating analysis. Competitive schedule Other Issues FY07 Key opportunities Key Issues Local product update
FY06 Performance $48.0 $49.1 $42.8 $13.3 $16.0 $7.8 vs Budget vs FY05 (BRL millions) vs Budget vs FY05 $48.0 +2% $49.1 $42.8 +15% $13.3 - 41% $16.0 - 51% $7.8
FY06 Drivers (based on revenue)
FY06 Drivers (based on net cont)
Net Contribution Breakdown (In 000’s BRL) PIRATES 2 NARNIA CARS DIDI SCARY MOVIE 4 CHICKEN LITTLE FLIGHTPLAN TOTAL ALL OTHERS TOTAL NET CONT 3.763 2.306 2.286 1.275 1.266 1.258 763 12.921 (5.084) 7.837
Net Loss Breakdown (In 000’s BRL) (656) EIGHT BELOW (514) GOAL (479) THE WILD SHAGGY DOG A MAQUINA CINDERELLA MAN BAMBI 2 BASIC INSTINCT 2 OTHERS Titles to be released in FY07 Rejected Titles Previous FY Titles TOTAL NET CONT - LOSS (656) (514) (479) (433) (378) (279) (230) (213) 114 (1.713) (571) 258 (5.084)
FISCAL YEAR 2007 Business overview
FY07 figures $67.5 $49.1 $45.4 $37.5 $21.5 $7.8 $11.2 $13.7 vs FY06 (BRL millions) 24 Titles $67.5 vs FY06 vs Budget vs FY07F 19 Titles 18 Titles +49% $49.1 - 37% 15 Titles $45.4 +80% $37.5 $21.5 In FY06 Licensees have surpassed budget by 4% and remain almost flat with previous year. Next year we will incorporate Chile into the licensee structure. FY07 Budget (including Chile) is $2.2M, although our goal is to achieve $3M in royalties, surpassing budget by 38%. Best Case drivers Chile: has changed its business model, turning into a licensee. Considering the last months sales, we can expect them to surpass budget ($0.6) and get to $0.8M in royalties reported. Central America: the incorporation of the Caribbean islands (Barbados, Jamaica, Trinidad & Tobago, etc.) to the distribution. Videomark associated with a local company. Is important to remark that no original product is currently available in those islands. Venezuela: Colombia: “El Circulo” has started with us 9 months ago, with growing positive trend that is shown in their monthly statements. $7.8 +176% $11.2 +92% $13.7 +57%
FY07 Drivers (based on revenue)
FY07 Drivers (based on net cont)
The Guardian 359 Release date # of prints Revenue (000’s BRL) Ad/Pub (000’s BRL) Net Contribution (000’s BRL) Budget Local estimate 21-Oct-2005 138 100 17-Nov-2006 2,425 802 686 Admissions (000’s) 665 2,370 1,805 358 630 988
Deja Vu Release date # of prints Revenue (000’s BRL) Ad/Pub (000’s BRL) Net Contribution (000’s BRL) Budget Local estimate 09-Apr-1999 139 150 01-Dec-2006 1,506 600 241 Admissions (000’s) 646 2,793 3,626 1,313 1,100 118 941 985
Saw 3 Release date # of prints Revenue (000’s BRL) Ad/Pub (000’s BRL) Net Contribution (000’s BRL) Budget Local estimate 02-Apr-2005 130 04-Nov-2005 157 200 02-Nov-2006 1,500 3,440 N/A Admissions (000’s) 498 1,067 832 3,080 900 1,110
Meet the Robinsons Release date # of prints Revenue (000’s BRL) Ad/Pub (000’s BRL) Net Contribution (000’s BRL) Budget Local estimate 11-Nov-2005 281 200 06-Apr-2007 4,891 1,704 941 Admissions (000’s) 1,500 4,605 3,488 1,688 1,200 908 1,000 685
Pirates of the Caribbean: at world ends 9,373 1,765 4,670 4,002 Release date # of prints Revenue (000’s BRL) Ad/Pub (000’s BRL) Net Contribution (000’s BRL) Budget Local estimate 09-Dec-2005 443 21-Jul-2006 481 480 25-May-2007 8,852 11,125 3,352 3,390 1,353 3,502 Admissions (000’s) 2,748 3,106 2,850 10,631 3,000
Terms Analysis Out of the box ideas, to increase settlement rate on POC 3.
Ratatouille Release date # of prints Revenue (000’s BRL) Ad/Pub (000’s BRL) Net Contribution (000’s BRL) Budget Local estimate 04-Jul-2003 294 30-Jun-2006 381 06-Jul-2007 12,580 8,920 2,164 3,258 7,440 2,203 Admissions (000’s) 4,958 2,812 3,161 11,115 11,116 2,683 3,000 5,773 4,835
Ratatouille dating Analysis Ratatouille dating relative to Shrek 3 and Harry Potter 5
Competitive Schedule
FY07 Key Opportunities
FY07 Key Issues
Local product update