FY 2014 BUDGET Presentation.xls 1 04/08/2015 16:29:35
CONSOLIDATED NETWORKS
FISCAL 13 Q4 FORECAST&
FISCAL 14 BUDGET
FY 2014 BUDGET Presentation.xls 2 04/08/2015 16:29:36
SONY PICTURES TELEVISION - NETWORKS
EBIT SUMMARYFY 2013 Q4 FORECAST(USD IN THOUSANDS)
FY13 Variance Q4 vs Budget Variance Q4 vs Q3
Budget Q3 Q4 FX Operational Total FX Operational Total
EBIT - EXISTING INTL NETWORKS $270,200 $235,400 $235,400 $(16,500) $(18,300) $(34,800) $- $- $-
EBIT - INTL NEW NETWORK LAUNCHES FY'13 (3,700) (3,100) (3,100) - 600 600 - - -
SUBTOTAL - EXISTING INTL NETWORKS EBIT 266,500 232,300 232,300 (16,500) (17,700) (34,200) - - -
EBIT -INTL NEW NETWORK INVESTMENTS FY'13 (11,000) (2,200) (2,200) - 8,800 8,800 - - -
SUBTOTAL - INTL NETWORKS EBIT 255,500 230,100 230,100 (16,500) (8,900) (25,400) - - -
EBIT - EXISTING DOMESTIC NETWORKS 54,700 44,000 44,000 - (10,700) (10,700) - - -
EBIT - DOMESTIC NEW NETWORK LAUNCHES FY'13 - (900) (900) - (900) (900) - - -
SUBTOTAL - EXISTING DOMESTIC NETWORKS EBIT 54,700 43,100 43,100 - (11,600) (11,600) - - -
EBIT -DOMESTIC NEW NETWORK INVESTMENTS FY'13 (200) - - - 200 200 - - -
SUBTOTAL - DOMESTIC NETWORKS EBIT 54,500 43,100 43,100 - (11,400) (11,400) - - -
SUBTOTAL - NETWORKS EBIT BEFORE HOME OFFICE 310,000 273,200 273,200 (16,500) (20,300) (36,800) - - -
MARKETING (2,900) (1,900) (1,900) - 1,000 1,000 -
RESEARCH (400) (200) (200) - 200 200 -
PRODUCTION (3,100) (2,600) (2,600) - 500 500 -
DIGITAL INFRASTRUCTURE (3,200) (3,200) (3,200) - - - -
G&A HOME OFFICE (21,100) (19,900) (19,900) - 1,200 1,200 -
HOME OFFICE (30,700) (27,800) (27,800) - 2,900 2,900 - - -
SUBTOTAL - NETWORKS EBIT BEFORE CHALLENGE 279,300 245,400 245,400 (16,500) (17,400) (33,900) - - -
GENERAL CHALLENGE 13,200 2,600 2,600 - (10,600) (10,600) - - -
MSM INDIA CHALLENGE 10,000 20,000 20,000 - 10,000 10,000
OVERHEAD CHALLENGE 4,500 - - - (4,500) (4,500)
TOTAL NETWORKS EBIT $307,000 $268,000 $268,000 $(16,500) $(22,500) $(39,000) $- $- $-
3net (7,500) (5,200) (5,200) - 2,300 2,300 - - -
FY 2014 BUDGET Presentation.xls 3 04/08/2015 16:29:36
SONY PICTURES TELEVISION - NETWORKS
PROFIT & LOSS - EXISTING NETWORKSFY 2013 Q4 FORECAST(USD IN THOUSANDS)
FY13 Variance Q4 vs Budget Variance Q4 vs Q3
BEFORE MINORITY INTERESTBudget Q3 Q4
FX Operational Total FX Operational Total
Europe
100% AXN Iberia $20,900 $19,800 $19,800 $(300) $(800) $(1,100) $-
20% Pulsa - 200 200 - 200 200 -
100% AXN White (2,500) (2,700) (2,700) - (200) (200) -
100% AXN Black 1,500 2,200 2,200 - 700 700 -
100% AXN Central Europe 11,200 4,300 4,300 100 (7,000) (6,900) -
100% AXN SPIN CE (2,900) (3,600) (3,600) - (700) (700) -
51% Cable Direct 300 - - - (300) (300) -
100% AXN Italy 4,100 4,400 4,400 (100) 400 300 -
100% AXN Sci-Fi Italy 2,000 1,900 1,900 (100) - (100) -
100% AXN Germany 1,400 1,900 1,900 (100) 600 500 -
100% Animax Germany 600 900 900 (100) 400 300 -
100% Sony MAX Africa 700 700 700 - - - -
100% Sony Africa 1,500 1,100 1,100 - (400) (400) -
100% AXN Russia Sci Fi - 400 400 - 400 400 -
100% SET Russia (700) (600) (600) - 100 100 -
100%### SET Baltics (200) - - - 200 200 -
100% SET UK (3,700) (4,700) (4,700) - (1,000) (1,000) -
100% Movies4Men UK (500) (1,500) (1,500) - (1,000) (1,000) -
100% SMC UK (2,400) (2,300) (2,300) - 100 100 -
75% Dolphin Ad Sales UK 1,500 - - - (1,500) (1,500) -
Total Europe 32,800 22,400 22,400 (600) (9,800) (10,400) - - -
Latin America
100% SET Latin America 36,800 28,800 28,800 400 (8,400) (8,000) -
100% AXN Latin America 20,800 21,400 21,400 (100) 700 600 -
100% SPIN Latin America (5,200) (3,700) (3,700) - 1,500 1,500 -
100% SET Brazil 17,800 11,600 11,600 (3,300) (2,900) (6,200) -
100% AXN Brazil 4,600 2,800 2,800 (1,600) (200) (1,800) -
100% SPIN Brazil (2,800) (3,800) (3,800) (300) (700) (1,000) -
100% Latin America Ad Sales Operations 1,900 1,000 1,000 300 (1,200) (900) -
100% Crackle Latin America (5,100) (5,300) (5,300) - (200) (200) -
Total Latin America 68,800 52,800 52,800 (4,600) (11,400) (16,000) - - -
FY 2014 BUDGET Presentation.xls 4 04/08/2015 16:29:36
SONY PICTURES TELEVISION - NETWORKS
PROFIT & LOSS - EXISTING NETWORKSFY 2013 Q4 FORECAST(USD IN THOUSANDS)
FY13 Variance Q4 vs Budget Variance Q4 vs Q3
BEFORE MINORITY INTERESTBudget Q3 Q4
FX Operational Total FX Operational Total
Asia/Australia
62% MSM India (incl SET Six Sports) 120,400 114,800 114,800 (9,800) 4,200 (5,600) -
100% Channel 8 (500) (1,500) (1,500) 100 (1,100) (1,000) -
100% AXN Asia 9,000 6,700 6,700 (700) (1,600) (2,300) -
100% Animax Asia/India 800 800 800 (200) 200 - -
100% SET SE Asia 100 200 200 - 100 100 -
100% beTV (1,500) (1,400) (1,400) - 100 100 -
100% SET One 1,700 1,700 1,700 - - - -
49% Animax Korea (800) (500) (500) - 300 300 -
49% AXN Korea (2,200) (2,100) (2,100) - 100 100 -
65% AXN Japan 6,200 7,900 7,900 (100) 1,800 1,700 -
67% Animax Japan 29,900 28,300 28,300 (500) (1,100) (1,600) -
100% AXN Mystery 2,900 3,500 3,500 (100) 700 600 -
100% SPTL 800 1,100 1,100 - 300 300 -
20%### PMP - Australia 100 (400) (400) - (500) (500) -
33% TV-1 Australia (incl. Sci-Fi) 1,700 1,100 1,100 - (600) (600) -
Total Asia/Australia 168,600 160,200 160,200 (11,300) 2,900 (8,400) - - -
TOTAL EXISTING INTL NETWORKS 270,200 235,400 235,400 (16,500) (18,300) (34,800) - - -
NEW INTL NETWORKS COMMITTED FY13
100% Sony Turbo Russia (3,000) (2,900) (2,900) - 100 100 -
100% Sony Turbo Baltics (700) (200) (200) - 500 500 -
TOTAL NEW INTL NETWORKS COMMITTED FY13 (3,700) (3,100) (3,100) - 600 600 - - -
TOTAL EXISTING INTL NETWORKS & FY'13 LAUNCHED 266,500 232,300 232,300 (16,500) (17,700) (34,200) - - -
DOMESTIC NETWORKS
58% GSN 65,500 62,400 62,400 - (3,100) (3,100) -
34.5% FEARnet (300) 200 200 - 500 500 -
100% Crackle US & Clips (1,600) (9,000) (9,000) - (7,400) (7,400) -
100% Crackle ELI (300) (500) (500) - (200) (200) -
100.0% Games 100 500 500 - 400 400 -
100% Sony Movie Channel (4,300) (5,400) (5,400) - (1,100) (1,100) -
100% CineSony (4,400) (4,200) (4,200) - 200 200 -
TOTAL DOMESTIC NETWORKS 54,700 44,000 44,000 - (10,700) (10,700) - - -
NEW DOMESTIC NETWORKS LAUNCHED FY1346.7% Hollywood Suite - (900) (900) - (900) (900) -
TOTAL NEW DOMESTIC NETWORKS LAUNCHED FY13 - (900) (900) - (900) (900) - - -
TOTAL WORLDWIDE EXISTING NETWORKS & FY13 LAUNCHED $321,200 $275,400 $275,400 $(16,500) $(29,300) $(45,800) $- $- $-
FY 2014 BUDGET Presentation.xls 5 04/08/2015 16:29:36
SONY PICTURES TELEVISION - NETWORKS
PROFIT & LOSS - NEW NETWORK INVESTMENTSFY 2013 Q4 FORECAST(USD IN THOUSANDS)
FY13 Variance Q4 vs Budget Variance Q4 vs Q3
Budget Q3 Q4 FX Operational Total FX Operational Total
FY13 Investment Opportunities (Intl)
SET Turkey (1,100) (700) (700) - 400 400 - - -
SPTL EMEA (2,000) - - - 2,000 2,000 - - -
3D Output Deal FY13 (1,000) (500) (500) - 500 500 - - -
Animax Online UK (200) (200) (200) - - - - - -
SET Germany (900) (200) (200) - 700 700 - - -
Movies4Men Africa 100 - - - (100) (100) - - -
OTT Research & Investments (Europe) (300) - - - 300 300 - - -
Animax.TV (Lat Am) (100) - - - 100 100 - - -
Japan - KNTV - - - - - - - - -
Maa - (600) (600) - (600) (600) - - -
True Movies UK - - - - - - -
Total FY'13 Investment Opportunities (Intl) (5,500) (2,200) (2,200) - 3,300 3,300 - - -
FY'13 Investment Opportunities (Domestic)
FEARnet Buy Up (200) - - - 200 200 - - -
Total FY'13 Investment Opportunities (Domestic) (200) - - - 200 200 - - -
Unidentified Opportunities (5,500) - - 5,500 5,500 - - -
TOTAL NEW NETWORK INVESTMENTS FY13 $(11,200) $(2,200) $(2,200) $- $9,000 $9,000 $- $- $-
TOTAL EXISTING NETWORKS & FY12 LAUNCHES $321,200 $275,400 $275,400 $(16,500) $(29,300) $(45,800) $- $- $-
TOTAL NETWORKS EBIT $310,000 $273,200 $273,200 $(16,500) $(20,300) $(36,800) $- $- $-
3net (7,500) (5,200) (5,200) - 2,300 2,300 - - -
Projected Ownership
Projected Launch
FY 2014 BUDGET Presentation.xls 6 04/08/2015 16:29:36
SONY PICTURES TELEVISION - NETWORKS
REVENUE SUMMARYFY 2013 Q4 FORECAST(USD IN THOUSANDS)
FY13Variance Q4 to Budget Variance Q4 to Q3
Budget Q3 Q4 FX Operational Total FX Operational Total
REVENUE - EXISTING INTL NETWORKS $1,290,600 $1,151,800 $1,151,800 $(42,300) $(96,500) $(138,800) $- $- $-
REVENUE - INTL NETWORK LAUNCHED FY'13 1,800 200 200 - (1,600) (1,600) - - -
SUBTOTAL - EXISTING INTL NETWORKS REVENUE 1,292,400 1,152,000 1,152,000 (42,300) (98,100) (140,400) - - -
REVENUE - NEW INTL NETWORK INVESTMENTS FY'13 9,100 3,700 3,700 - (5,400) (5,400) - - -
SUBTOTAL - INTL NETWORKS REVENUE 1,301,500 1,155,700 1,155,700 (42,300) (103,500) (145,800) - - -
REVENUE - EXISTING DOMESTIC NETWORKS 388,500 354,100 354,100 - (34,400) (34,400) - - -
REVENUE - DOMESTIC NETWORK LAUNCHED FY'13 - - - - - - - - -
SUBTOTAL - DOMESTIC NETWORKS REVENUE 388,500 354,100 354,100 - (34,400) (34,400) - - -
TOTAL NETWORKS REVENUE $1,690,000 $1,509,800 $1,509,800 $(42,300) $(137,900) $(180,200) $- $- $-
FY 2014 BUDGET Presentation.xls 7 04/08/2015 16:29:36
SONY PICTURES TELEVISION INTERNATIONAL - NETWORKS
REVENUE EXISTING NETWORKSFY 2013 Q4 FORECAST(USD IN THOUSANDS)
FY13Variance Q4 to Budget Variance Q4 to Q3
REVENUEBudget Q3 Q4 FX Operational Total FX Operational Total
Europe
100% AXN Iberia $63,900 $56,500 $56,500 $(500) $(6,900) $(7,400) $-
100% AXN White 9,800 7,600 7,600 (100) (2,100) (2,200) -
100% AXN Black 7,400 6,600 6,600 - (800) (800) -
100% AXN Central Europe/Diginets 55,900 47,600 47,600 400 (8,700) (8,300) -
100% AXN SPIN CE 2,200 700 700 100 (1,600) (1,500) -
51% Cable Direct 1,300 1,100 1,100 - (200) (200) -
100% AXN Italy 16,700 16,800 16,800 (100) 200 100 -
100% AXN Sci-Fi Italy 7,600 8,000 8,000 (100) 500 400 -
100% AXN Germany 9,300 9,600 9,600 (100) 400 300 -
100% Animax Germany 4,300 4,500 4,500 (100) 300 200 -
100% Sony MAX Africa 4,700 4,500 4,500 - (200) (200) -
100% Sony Africa 8,000 7,300 7,300 - (700) (700) -
100% AXN Russia Sci Fi 7,400 7,000 7,000 (100) (300) (400) -
100% SET Russia 9,100 8,200 8,200 (100) (800) (900) -
100%### SET Baltics 1,200 900 900 - (300) (300) -
100% SET UK 6,300 3,700 3,700 100 (2,700) (2,600) -
100% Movies4Men UK 4,000 5,300 5,300 - 1,300 1,300 -
100% SMC UK 2,600 2,100 2,100 100 (600) (500) -
75% Dolphin Ad Sales UK 5,000 4,000 4,000 100 (1,100) (1,000) -
Total Europe 226,700 202,000 202,000 (400) (24,300) (24,700) - - -
Latin America
100% SET Latin America 81,500 75,000 75,000 600 (7,100) (6,500) -
100% AXN Latin America 50,600 49,500 49,500 - (1,100) (1,100) -
100% SPIN Latin America 8,400 5,400 5,400 - (3,000) (3,000) -
100% SET Brazil 42,500 33,400 33,400 (4,700) (4,400) (9,100) -
100% AXN Brazil 23,900 18,500 18,500 (2,600) (2,800) (5,400) -
100% SPIN Brazil 4,900 1,800 1,800 (500) (2,600) (3,100) -
100% Latin America Ad Sales Operations 1,900 1,600 1,600 (100) (200) (300) -
100% Crackle Latin America 2,400 3,000 3,000 (100) 700 600 -
Total Latin America 216,100 188,200 188,200 (7,400) (20,500) (27,900) - - -
FY 2014 BUDGET Presentation.xls 8 04/08/2015 16:29:36
SONY PICTURES TELEVISION INTERNATIONAL - NETWORKS
REVENUE EXISTING NETWORKSFY 2013 Q4 FORECAST(USD IN THOUSANDS)
FY13Variance Q4 to Budget Variance Q4 to Q3
REVENUEBudget Q3 Q4 FX Operational Total FX Operational Total
Asia/Australia
62% MSM India (incl SET Six Sports) 606,700 548,100 548,100 (31,000) (27,600) (58,600) -
100% Channel 8 4,500 3,500 3,500 (200) (800) (1,000) -
100% AXN Asia 57,100 49,700 49,700 (700) (6,700) (7,400) -
100% Animax Asia/India 11,500 11,500 11,500 (100) 100 - -
100% SET SE Asia 5,300 4,700 4,700 - (600) (600) -
100% beTV 6,100 5,100 5,100 - (1,000) (1,000) -
100% SET One 11,000 8,100 8,100 - (2,900) (2,900) -
65% AXN Japan 41,100 37,500 37,500 (700) (2,900) (3,600) -
67% Animax Japan 82,600 76,300 76,300 (1,400) (4,900) (6,300) -
100% AXN Mystery 21,600 16,300 16,300 (400) (4,900) (5,300) -
Total Asia/Australia 847,500 760,800 760,800 (34,500) (52,200) (86,700) - - -
TOTAL EXISTING NETWORKS REVENUE 1,290,300 1,151,000 1,151,000 (42,300) (97,000) (139,300) - - -
PRODUCTION
Digital Production 300 800 800 - 500 500 - TOTAL PRODUCTION 300 800 800 - 500 500 - - -
NEW INTL NETWORKS COMMITTED FY13
100% Sony Turbo Russia 1,200 200 200 - (1,000) (1,000) -
100% Sony Turbo Baltics 600 - - - (600) (600) -
TOTAL NEW INTL NETWORKS COMMITTED FY13 1,800 200 200 - (1,600) (1,600) - - -
TOTAL EXISTING INTL NETWORKS & FY'13 LAUNCHED 1,292,400 1,152,000 1,152,000 (42,300) (98,100) (140,400) - - -
EXISTING DOMESTIC NETWORKS
58% GSN 338,800 320,100 320,100 - (18,700) (18,700) -
100% Crackle US & Clips 30,200 18,900 18,900 - (11,300) (11,300)
100% Crackle ELI 1,300 1,200 1,200 - (100) (100)
100% Games 4,500 5,800 5,800 - 1,300 1,300
100% Sony Movie Channel 10,500 7,900 7,900 - (2,600) (2,600) -
100% CineSony 3,200 200 200 - (3,000) (3,000) -
TOTAL DOMESTIC NETWORKS 388,500 354,100 354,100 - (34,400) (34,400) - - -
TOTAL EXISTING NETWORKS $1,680,900 $1,506,100 $1,506,100 $(42,300) $(132,500) $(174,800) $- $- $-
FY 2014 BUDGET Presentation.xls 9 04/08/2015 16:29:36
SONY PICTURES TELEVISION - NETWORKS
REVENUE - NEW NETWORK INVESTMENTSFY 2013 Q4 FORECAST(USD IN THOUSANDS)
Projected ProjectedOwnership Launch FY13 Variance Q4 to Budget Variance Q4 to Q3
% DateBudget Q3 Q4 FX Operational Total FX Operational Total
FY'13 Investment Opportunities (INTL)
SET Turkey 4,300 400 400 - (3,900) (3,900) - - -
Animax Online UK 500 - - - (500) (500) - - -
SET Germany 2,600 - - - (2,600) (2,600) - - -
Movies4Men Africa 800 - - - (800) (800) - - -
KNTV - - - - - - - - -
Maa - 3,300 3,300 - 3,300 3,300 - - -
True Movies UK - - - - - - -
Total FY'13 Investment Opportunities (INTL) 8,200 3,700 3,700 - (4,500) (4,500) - - -
FY'13 Investment Opportunities (Domestic) -
- - - -
Total FY'13 Investment Opportunities (Domestic) - - - - - - - - -
Unidentified Opportunities 900 - - - (900) (900) - -
Total FY13 New Network Investment 9,100 3,700 3,700 - (5,400) (5,400) - - -
TOTAL EXISTING NETWORKS & FY13 LAUNCHED 1,680,900 1,506,100 1,506,100 (42,300) (132,500) (174,800) - - -
TOTAL NETWORKS REVENUE BEFORE CHALLENGE $1,690,000 $1,509,800 $1,509,800 $(42,300) $(137,900) $(180,200) $- $- $-
FY 2014 BUDGET Presentation.xls 10 04/08/2015 16:29:36
SONY PICTURES TELEVISION - NETWORKS
OVERHEAD SUMMARYFY 2013 Q4 FORECAST(USD IN THOUSANDS)
FY13 Variance Q4 to Budget Variance Q4 to Q3
Budget Q3 Q4 FX Operational Total FX Operational Total
OVERHEAD - EXISTING INTL NETWORKS $(184,300) $(172,700) $(172,700) $(1,900) $13,500 $11,600 $- $- $-
OVERHEAD - INTL NETWORK LAUNCHED FY'13 (900) (1,200) (1,200) - (300) (300) - - -
SUBTOTAL - INTL NETWORKS OVERHEAD (185,200) (173,900) (173,900) (1,900) 13,200 11,300 - - -
OVERHEAD - NEW INTL NETWORK INVESTMENTS FY'13 (7,300) (1,000) (1,000) - 6,300 6,300 - - -
SUBTOTAL - INTL NETWORKS OVERHEAD (192,500) (174,900) (174,900) (1,900) 19,500 17,600 - - -
OVERHEAD - EXISTING DOMESTIC NETWORKS (111,500) (106,100) (106,100) - 5,400 5,400 - - -
SUBTOTAL - DOMESTIC NETWORKS OVERHEAD (111,500) (106,100) (106,100) - 5,400 5,400 - - -
OVERHEAD - NEW DOMESTIC NETWORK INVESTMENTS FY'13 - - - - - - - - -
SUBTOTAL - DOMESTIC NETWORKS OVERHEAD (111,500) (106,100) (106,100) - 5,400 5,400 - - -
SUBTOTAL - NETWORKS OVERHEAD BEFORE HOME OFFICE & CHALLENGE (304,000) (281,000) (281,000) (1,900) 24,900 23,000 - - -
HOME OFFICE - OVERHEAD (21,800) (19,900) (19,900) - 1,900 1,900 -
SPT NETWORKS CHALLENGE 4,500 - - - (4,500) (4,500) -
TOTAL NETWORKS OVERHEAD $(321,300) $(300,900) $(300,900) $(1,900) $22,300 $20,400 $- $- $-
FY 2014 BUDGET Presentation.xls 11 04/08/2015 16:29:36
SONY PICTURES TELEVISION - NETWORKS
OVERHEAD - EXISTING NETWORKSFY 2013 Q4 FORECAST(USD IN THOUSANDS)
FY13Variance Q4 to Budget Variance Q4 to Q3
OVERHEADBudget Q3 Q4 FX Operational Total FX Operational Total
Europe
100% AXN Iberia $(7,200) $(6,500) $(6,500) $100 $600 $700 $-
100% AXN White (500) (500) (500) - - - -
100% AXN Black (400) (400) (400) - - - -
100% AXN Central Europe (7,300) (7,200) (7,200) (200) 300 100 -
100% AXN SPIN CE (300) (200) (200) - 100 100 -
51% Cable Direct (700) (900) (900) - (200) (200) -
100% AXN Italy (1,800) (1,600) (1,600) - 200 200 -
100% AXN Sci-Fi Italy (400) (400) (400) - - - -
100% AXN Germany (1,200) (1,200) (1,200) - - - -
100% Animax Germany (800) (800) (800) - - - -
100% Sony MAX Africa (400) (400) (400) - - - -
100% Sony Africa (600) (600) (600) - - - -
100% AXN Russia Sci Fi (1,600) (1,100) (1,100) - 500 500 -
100% SET Russia (1,500) (1,100) (1,100) - 400 400 -
100%### SET Baltics (100) (100) (100) - - - -
100% SET UK (700) (400) (400) - 300 300 -
100% Movies4Men UK (700) (600) (600) - 100 100 -
100% SMC UK (500) (500) (500) - - - -
75% Dolphin Ad Sales UK (2,800) (2,700) (2,700) - 100 100 -
Total Europe (29,500) (27,200) (27,200) (100) 2,400 2,300 - - -
Latin America
100% SET Latin America (7,600) (8,300) (8,300) - (700) (700) -
100% AXN Latin America (2,200) (2,200) (2,200) - - - -
100% SPIN Latin America (400) (300) (300) - 100 100 -
100% SET Brazil (5,400) (5,100) (5,100) 300 - 300 -
100% AXN Brazil (4,600) (4,000) (4,000) 300 300 600 -
100% SPIN Brazil (200) (100) (100) - 100 100 -
100% Latin America Ad Sales Operations (14,700) (13,100) (13,100) 500 1,100 1,600 -
100% Crackle Latin America (3,400) (3,300) (3,300) - 100 100 -
Total Latin America (38,500) (36,400) (36,400) 1,100 1,000 2,100 - - -
FY 2014 BUDGET Presentation.xls 12 04/08/2015 16:29:36
SONY PICTURES TELEVISION - NETWORKS
OVERHEAD - EXISTING NETWORKSFY 2013 Q4 FORECAST(USD IN THOUSANDS)
FY13Variance Q4 to Budget Variance Q4 to Q3
OVERHEADBudget Q3 Q4 FX Operational Total FX Operational Total
Asia/Australia
62% MSM India (incl SET Six Sports) (65,900) (61,200) (61,200) (2,500) 7,200 4,700 -
100% Channel 8 (800) (800) (800) - - - -
100% AXN Asia (13,500) (13,100) (13,100) (300) 700 400 -
100% Animax Asia/India (2,300) (2,100) (2,100) (100) 300 200 -
100% SET SE Asia (900) (800) (800) - 100 100 -
100% beTV (700) (600) (600) - 100 100 -
100% SET One (1,500) (1,200) (1,200) - 300 300 -
65% AXN Japan (8,300) (7,800) (7,800) 100 400 500 -
67% Animax Japan (11,000) (10,100) (10,100) 200 700 900 -
100% AXN Mystery (2,600) (2,200) (2,200) - 400 400 -
100% SPTL (8,800) (9,200) (9,200) (300) (100) (400) -
Total Asia/Australia (116,300) (109,100) (109,100) (2,900) 10,100 7,200 - - -
TOTAL EXISTING INTL NETWORKS OVERHEAD (184,300) (172,700) (172,700) (1,900) 13,500 11,600 - - -
NEW INTL NETWORKS COMMITTED FY13
100% Sony Turbo Russia (800) (1,200) (1,200) - (400) (400) -
100% Sony Turbo Baltics (100) - - - 100 100 -
TOTAL NEW INTL NETWORKS COMMITTED FY13 (900) (1,200) (1,200) - (300) (300) - - -
TOTAL EXISTING INTL NETWORKS & FY'13 LAUNCHED (185,200) (173,900) (173,900) (1,900) 13,200 11,300 - - -
DOMESTIC NETWORKS
58% GSN (95,700) (90,700) (90,700) - 5,000 5,000 -
100% Crackle US & Clips (9,300) (9,600) (9,600) - (300) (300) -
100% Crackle ELI (500) (300) (300) - 200 200 -
100% Crackle Shared Service - - - - - - -
100% Games (700) (700) (700) - - - -
100% Sony Movie Channel (3,800) (4,200) (4,200) - (400) (400) -
100% CineSony (1,500) (600) (600) - 900 900 -
TOTAL FY12 DOMESTIC LAUNCHED/COMMITTED (111,500) (106,100) (106,100) - 5,400 5,400 - - -
TOTAL EXISTING NETWORKS OVERHEAD $(296,700) $(280,000) $(280,000) $(1,900) $18,600 $16,700 $- $- $-
FY 2014 BUDGET Presentation.xls 13 04/08/2015 16:29:36
SONY PICTURES TELEVISION - NETWORKS
OVERHEAD- NEW NETWORK INVESTMENTSFY 2013 Q4 FORECAST(USD IN THOUSANDS)
Projected ProjectedOwnership Launch FY13 Variance Q4 to Budget Variance Q4 to Q3
% DateBudget Q3 Q4 FX Operational Total FX Operational Total
FY'13 Investment Opportunities (INTL)
SET Turkey (500) (100) (100) - 400 400 -
SPTL EMEA (2,000) - - - 2,000 2,000 -
Animax Online UK (200) (100) (100) - 100 100 -
SET Germany (800) - - - 800 800 -
Movies4Men Africa - - - - - - -
Maa - (800) (800) - (800) (800) -
True Movies UK - - - - -
Total FY'13 Investment Opportunities (INTL) (3,500) (1,000) (1,000) - 2,500 2,500 - - -
FY'13 Investment Opportunities (Domestic)
- - - -
Total FY'13 Investment Opportunities (Domestic) - - - - - - - - -
Unidentified Opportunities (3,800) - - - 3,800 3,800 -
TOTAL NEW NETWORK INVESTMENTS FY13 (7,300) (1,000) (1,000) - 6,300 6,300 - - -
TOTAL EXISTING NETWORKS & FY13 LAUNCHED (296,700) (280,000) (280,000) (1,900) 18,600 16,700 - - -
TOTAL NETWORKS OVERHEAD BEFORE HOME OFFICE $(304,000) $(281,000) $(281,000) $(1,900) $24,900 $23,000 $- $- $-
FY 2014 BUDGET Presentation.xls 14 04/08/2015 16:29:37
SONY PICTURES TELEVISION - NETWORKS
SUMMARY OF CASH FLOWFY 2013 Q4 FORECAST(USD IN THOUSANDS)
FY 13
Budget Q3 Q4
CASH - EXISTING INTL NETWORKS $105,800 $131,600 $131,600 $25,800 $-
CASH - INTL NETWORKS LAUNCHED FY13 (4,800) (3,900) (3,900) 900 -
SUBTOTAL - EXISTING INTL NETWORKS CASH 101,000 127,700 127,700 26,700 -
CASH -NEW INTL NETWORK INVESTMENTS FY'13 (48,400) (109,100) (109,100) (60,700) -
SUBTOTAL -INTL NETWORKS CASH 52,600 18,600 18,600 (34,000) -
CASH - EXISTING DOMESTIC NETWORKS 34,700 43,100 43,100 8,400 -
CASH - DOMESITC NETWORK LAUNCHED FY'13 - (6,100) (6,100) (6,100) -
SUBTOTAL - EXISTING DOMESTIC NETWORKS CASH 34,700 37,000 37,000 2,300 -
CASH -NEW DOMESTIC NETWORK INVESTMENTS FY'13 (7,500) - - 7,500 -
SUBTOTAL -DOMESTIC NETWORKS CASH 27,200 37,000 37,000 9,800 -
SUBTOTAL - NETWORKS CASH BEFORE HOME OFFICE & CHALLENGE 79,800 55,600 55,600 (24,200) -
MARKETING (2,900) (1,900) (1,900) 1,000 -
RESEARCH (400) (200) (200) 200 -
PRODUCTION (3,100) (7,000) (7,000) (3,900) -
DIGITAL INFRASTRUCTURE (2,500) (3,200) (3,200) (700) -
G & A HOME OFFICE (21,100) (19,900) (19,900) 1,200 -
HOME OFFICE (30,000) (32,200) (32,200) (2,200) -
SUBTOTAL - NETWORKS CASH BEFORE CHALLENGE 49,800 23,400 23,400 (26,400) - NETWORKS MONETIZATION - -
SPT NETWORKS CHALLENGE/RESERVE 13,200 10,000 10,000 (3,200) -
TOTAL NETWORKS CASH BEFORE MSM BUY UP 63,000 33,400 33,400 (29,600) -
MSM BUY UP (144,000) (145,000) (145,000) (1,000)
TOTAL NETWORKS CASH $(81,000) $(111,600) $(111,600) $(30,600) $-
3net (8,100) (3,200) (3,200) 4,900 -
Variance Q4 vs Budget
Variance Q4 vs Q3
FY 2014 BUDGET Presentation.xls 15 04/08/2015 16:29:37
SONY PICTURES TELEVISION - NETWORKS
CASH - EXISTING NETWORKSFY 2013 Q4 FORECAST(USD IN THOUSANDS)
FY 13
Budget Q3 Q4
Europe
100% AXN Iberia $16,800 $15,500 $15,500 $(1,300) $-
20% Pulsa - (2,500) (2,500) (2,500) -
100% AXN White (3,800) (1,800) (1,800) 2,000 -
100% AXN Black 700 2,100 2,100 1,400 -
100% AXN Central Europe/Diginets 6,400 4,800 4,800 (1,600) -
100% AXN SPIN CE (3,100) (4,200) (4,200) (1,100) -
51% Cable Direct - Romania - 200 200 200 -
Cable Direct - Romania (Purchase Price) (200) (200) (200) - -
100% AXN Italy 1,700 1,600 1,600 (100) -
100% AXN Sci-Fi Italy 400 700 700 300 -
100% AXN Germany 1,100 1,600 1,600 500 -
100% Animax Germany 500 2,500 2,500 2,000 -
100% Sony MAX Africa 600 800 800 200 -
100% Sony Africa 1,300 500 500 (800) -
100% AXN Russia Sci Fi 500 (500) (500) (1,000) -
100% SET Russia (1,900) (1,800) (1,800) 100 -
100% SET Baltics (300) (400) (400) (100) -
100% SET UK (5,200) (5,200) (5,200) - -
100% Movies4Men UK - (2,300) (2,300) (2,300) -
Movies4Men UK (Purchase Price) (3,900) (3,900) (3,900) - -
100% SMC UK (2,000) (1,900) (1,900) 100 -
75% Dolphin Ad Sales UK 1,200 400 400 (800) -
Dolphin Ad Sales UK (Purchase Price) (1,000) (1,600) (1,600) (600) -
Total Europe 9,800 4,400 4,400 (5,400) -
Latin America
100% SET Latin America 30,900 14,600 14,600 (16,300) -
100% AXN Latin America 16,400 23,800 23,800 7,400 -
100% SPIN Latin America (7,200) (5,500) (5,500) 1,700 -
100% SET Brazil 11,300 6,400 6,400 (4,900) -
100% AXN Brazil 1,200 (1,100) (1,100) (2,300) -
100% SPIN Brazil (3,500) (2,700) (2,700) 800 -
100% Latin America Ad Sales Operations 1,000 700 700 (300) -
100% Crackle Latin America (5,400) (5,700) (5,700) (300) -
Total Latin America 44,700 30,500 30,500 (14,200) -
Variance Q4 to Budget
Variance Q4 to Q3
FY 2014 BUDGET Presentation.xls 16 04/08/2015 16:29:37
SONY PICTURES TELEVISION - NETWORKS
CASH - EXISTING NETWORKSFY 2013 Q4 FORECAST(USD IN THOUSANDS)
FY 13
Budget Q3 Q4Variance Q4 to
BudgetVariance Q4 to
Q3
Asia/Australia
62% MSM India (incl SET Six Sports) 37,700 67,900 67,900 30,200 -
100% Channel 8 (900) (1,600) (1,600) (700) -
100% AXN Asia 2,700 1,100 1,100 (1,600) -
100% Animax Asia/India (800) (800) (800) - -
100% SET SE Asia (700) 200 200 900 -
100% beTV (2,500) (2,100) (2,100) 400 -
100% SET One (100) 100 100 200 -
49% Animax Korea (1,900) - - 1,900 -
49% AXN Korea (2,200) (2,100) (2,100) 100 -
65% AXN Japan 600 3,200 3,200 2,600 -
67% Animax Japan 16,600 15,900 15,900 (700) -
100% AXN Mystery 500 2,300 2,300 1,800 -
100% SPTL (100) (200) (200) (100) -
20% PMP - Australia 400 10,400 10,400 10,000 -
33% TV-1 Australia (incl. Sci-Fi) 2,000 2,400 2,400 400 -
Total Asia/Australia 51,300 96,700 96,700 45,400 -
TOTAL EXISTING NETWORKS 105,800 131,600 131,600 25,800 -
NEW INTL NETWORKS COMMITTED FY13
100% Sony Turbo Russia (4,100) (3,500) (3,500) 600 -
100% Sony Turbo Baltics (700) (400) (400) 300 -
TOTAL NEW INTL NETWORKS COMMITTED FY13 (4,800) (3,900) (3,900) 900 -
TOTAL EXISTING INTL NETWORKS & FY'13 LAUNCHED 101,000 127,700 127,700 26,700 -
DOMESTIC NETWORKS
58% GSN 59,000 65,600 65,600 6,600 -
34.5% FEARnet (1,000) - - 1,000 -
100% Crackle US & Clips (11,000) (12,700) (12,700) (1,700) -
100% Crackle ELI (700) (400) (400) 300 -
100% Games (400) 900 900 1,300 -
100% Sony Movie Channel (5,500) (6,000) (6,000) (500) -
100% CineSony (5,700) (4,300) (4,300) 1,400 -
TOTAL DOMESTIC NETWORKS 34,700 43,100 43,100 8,400 -
FY 2014 BUDGET Presentation.xls 17 04/08/2015 16:29:37
SONY PICTURES TELEVISION - NETWORKS
CASH - EXISTING NETWORKSFY 2013 Q4 FORECAST(USD IN THOUSANDS)
FY 13
Budget Q3 Q4Variance Q4 to
BudgetVariance Q4 to
Q3
NEW DOMESTIC NETWORKS LAUNCHED FY13
46.7% Hollywood Suite - (6,100) (6,100) (6,100) -
TOTAL NEW DOMESTIC NETWORKS LAUNCHED FY13 - (6,100) (6,100) (6,100) -
TOTAL DOMESTIC NETWORKS & FY13 LAUNCHED 34,700 37,000 37,000 2,300 -
TOTAL EXISTING NETWORKS $135,700 $164,700 $164,700 $29,000 $-
FY 2014 BUDGET Presentation.xls 18 04/08/2015 16:29:37
SONY PICTURES TELEVISION - NETWORKS
CASH - NEW NETWORKS INVESTMENTSFY 2013 Q4 FORECAST(USD IN THOUSANDS)
Projected ProjectedOwnership Launch FY 13
% Date Budget Q3 Q4
FY'13 Investment Opportunities (INTL)
SET Turkey (500) (200) (200) 300 -
SET Turkey (Purachase Price) (3,000) (1,000) (1,000) 2,000 -
SPTL EMEA (10,000) - - 10,000 -
3D Output Deal FY13 (1,000) - - 1,000 -
Animax Online UK (200) (200) (200) - -
SET Germany (900) (200) (200) 700 -
Movies4Men Africa 100 - - (100) -
Animax.TV (300) - - 300 -
OTT Research & Investment (Europe) (300) - - 300 -
Japan Anime Production (2,000) - - 2,000 -
Maa - (100) (100) (100) -
Maa (Purchase Price) - (107,400) (107,400) (107,400) -
True Movies UK - - - - -
True Movies UK (Purchase Price) - - - - -
Total FY'13 Investment Opportunities (INTL) (18,100) (109,100) (109,100) (91,000) -
FY'13 Investment Opportunities (Domestic)
FEARnet Buy Up (7,500) - - 7,500 -
Total FY'13 Investment Opportunities (Domestic) (7,500) - - 7,500 -
Unidentified Opportunities (30,300) - - 30,300 -
TOTAL NEW NETWORK INVESTMENTS FY'13 (55,900) (109,100) (109,100) (53,200) -
TOTAL EXISTING NETWORKS & FY'13 LAUNCHED $135,700 $164,700 $164,700 $29,000 $-
TOTAL NETWORKS CASH BEFORE HOME OFFICE $79,800 $55,600 $55,600 $(24,200) $-
3net (8,100) (3,200) (3,200) 4,900 -
Variance Q4 to Budget
Variance Q4 to Q3
FY 2014 BUDGET Presentation.xls 19 04/08/2015 16:29:37
SONY PICTURES TELEVISION - NETWORKS
HEADCOUNTFY 2013 Q4 FORECAST(USD IN THOUSANDS)
FY 13Variance Q4 to Q3
Budget Q3 Q4
Headcount
Europe
100% AXN Iberia 41 39 39 (2) -
100% AXN White 8 8 8 - -
100% AXN Black 7 7 7 - -
100% AXN Central Europe/Diginets 93 93 93 - -
100% AXN SPIN CE 7 7 7 - -
51% Cable Direct - Romania 20 20 20 - -
100% AXN Italy 12 12 12 - -
100% AXN Sci-Fi Italy 4 4 4 - -
100% AXN Germany 8 8 8 - -
100% Animax Germany 6 6 6 - -
100% Sony MAX Africa 5 5 5 - -
100% Sony Africa 6 6 6 - -
100% AXN Russia Sci Fi 13 13 13 - -
100% SET Russia 9 9 9 - -
100% SET Baltics 1 1 1 - -
100% SET UK 10 9 9 (1) -
100% Movies4Men UK 5 5 5 - -
100% SMC UK 4 6 6 2 -
75% Dolphin Ad Sales UK 24 24 24 - -
Total Europe 283 282 282 (1) -
Latin America
100% SET Latin America 103 100 100 (3) -
100% AXN Latin America 19 20 20 1 -
100% SPIN Latin America 6 7 7 1 -
100% SET Brazil 12 13 13 1 -
100% AXN Brazil 10 9 9 (1) -
100% SPIN Brazil 1 1 1 - -
100% Latin America Ad Sales Operations 85 86 86 1 -
100% Crackle Latin America 23 23 23 - -
Total Latin America 259 259 259 - -
Variance Q4 to Budget
FY 2014 BUDGET Presentation.xls 20 04/08/2015 16:29:37
SONY PICTURES TELEVISION - NETWORKS
HEADCOUNTFY 2013 Q4 FORECAST(USD IN THOUSANDS)
FY 13Variance Q4 to Q3
Budget Q3 Q4Variance Q4 to
Budget
Asia/Australia
62% MSM India (incl SET Six Sports) 703 716 716 13 -
100% Channel 8 19 19 19 - -
100% AXN Asia/Korea 117 116 116 (1) -
100% Animax Asia/India 29 30 30 1 -
100% SET SE Asia 13 11 11 (2) -
100% beTV 9 9 9 - -
100% SET One 16 18 18 2 -
65% AXN Japan 41 42 42 1 -
67% Animax Japan 46 47 47 1 -
100% AXN Mystery 10 9 9 (1) -
100% SPTL 42 46 46 4 -
Total Asia 1,045 1,063 1,063 18 -
TOTAL EXISTING NETWORKS 1,587 1,604 1,604 17 -
NEW INTL NETWORKS COMMITTED FY13
100% Sony Turbo Russia 9 7 7 (2) -
100% Sony Turbo Baltics 2 2 2 - -
TOTAL NEW INTL NETWORKS COMMITTED FY13 11 9 9 (2) -
FY13 New Investment Launched/Opportunities
SET Turkey 8 4 4 (4) -
SPTL EMEA 12 - - (12) -
Animax Online UK 3 3 3 - -
SET Germany 7 - - (7) -
Movies4Men Africa - - - - -
Maa - 400 400 400 -
True Movies UK - - - - -
Total FY13 New Investment Opportunities 30 407 407 377 -
TOTAL INTL NETWORKS HEADCOUNT 1,628 2,020 2,020 392 -
DOMESTIC NETWORKS HEADCOUNT
100% GSN 303 303 303 - -
100% Crackle US & Clips 52 70 70 18 -
100% Crackle ELI 2 2 2 - -
100% Games 5 5 5 - -
100% Sony Movie Channel 20 20 20 - -
100% CineSony 11 - - (11) -
TOTAL DOMESTIC NETWORKS HEADCOUNT 393 400 400 7 -
NETWORKS HOME OFFICE 55 54 54 (1) -
TOTAL NETWORKS HEADCOUNT 2,076 2,474 2,474 398 -
SONY PICTURES TELEVISION - NETWORKS
NON CONTROLLING INTEREST FOR ASPIRE EBIT TARGETFY 2013 Q4 FORECAST(USD IN THOUSANDS)
FY13 Variance Q4 vs Budget Variance Q4 vs Q3
Non Controlling Interest (NCI) FOR ASPIRE EBIT TARGETBUDGET Q3 Q4 FX Operational Variance FX Operational Variance
38% MSM India* (27,000) (39,600) (39,600) 3,700 (16,300) (12,600) -
48% Maa - 300 300 - 300 300 -
33% Animax Japan (9,900) (9,300) (9,300) 200 400 600 -
35% AXN Japan (2,200) (2,800) (2,800) - (600) (600) -
49% Cable Direct (100) - - - 100 100 -
25% Dolphin (400) - - - 400 400 -
60% GSN** (39,400) (33,800) (33,800) - 5,600 5,600 -
TOTAL NCI FOR ASPIRE EBIT TARGET $(79,000) $(85,200) $(85,200) $3,900 $(10,100) $(6,200) $- $- $-
*MSM India/SET Six Sports: Assume NCI expense to be 38% of EBIT thru Dec-12; then assume NCI expense to
be 5.6% of EBIT until complete buy up at March-13
**GSN: Put option exercised in September-12
FY 2014 BUDGET Presentation.xls 22 04/08/2015 16:29:37
SONY PICTURES TELEVISION - NETWORKS
EBIT SUMMARYFY 2014 BUDGET
(USD IN THOUSANDS)
FY13 FY14
Variance FY14 Budget vs FY13 Q4 Variance FY14 Budget vs FY14 MRP
Q4 MRP BUDGET FX Operational Total FX Operational Total
EBIT - EXISTING INTL NETWORKS $232,300 $294,800 $288,300 $2,700 $53,300 $56,000 $15,800 $(22,300) $(6,500)
SUBTOTAL - EXISTING INTL NETWORKS EBIT 232,300 294,800 288,300 2,700 53,300 56,000 15,800 (22,300) (6,500)
EBIT - NEW INTL NETWORK INVESTMENTS FY'13/14 (2,200) (24,300) (30,000) - (27,800) (27,800) - (5,700) (5,700)
SUBTOTAL - INTL NETWORKS EBIT 230,100 270,500 258,300 2,700 25,500 28,200 15,800 (28,000) (12,200)
EBIT - EXISTING DOMESTIC NETWORKS 43,100 79,500 77,300 - 34,200 34,200 - (2,200) (2,200)
EBIT - NEW DOMESTIC NETWORK INVESTMENTS FY'13/14 - - - - - - - - -
SUBTOTAL - DOMESTIC NETWORKS EBIT 43,100 79,500 77,300 - 34,200 34,200 - (2,200) (2,200)
SUBTOTAL - NETWORKS EBIT BEFORE HOME OFFICE 273,200 350,000 335,600 2,700 59,700 62,400 15,800 (30,200) (14,400)
MARKETING (1,900) (2,500) (2,500) - (600) (600) - - -
RESEARCH (200) (400) (800) - (600) (600) - (400) (400)
PRODUCTION (2,600) (3,500) (3,500) - (900) (900) - - -
DIGITAL INFRASTRUCTURE (3,200) (3,400) (3,400) - (200) (200) - - -
G&A HOME OFFICE (19,900) (22,200) (21,200) - (1,300) (1,300) - 1,000 1,000
TOTAL HOME OFFICE (27,800) (32,000) (31,400) - (3,600) (3,600) - 600 600
NETWORKS EBIT BEFORE CHALLENGE 245,400 318,000 304,200 2,700 56,100 58,800 15,800 (29,600) (13,800)
GENERAL CHALLENGE 2,600 10,000 - - (2,600) (2,600) - (10,000) (10,000)
MSM INDIA CHALLENGE 20,000 - - (20,000) (20,000) - - -
OVERHEAD CHALLENGE - - - -
TOTAL NETWORKS EBIT $268,000 $328,000 $304,200 $2,700 $33,500 $36,200 $15,800 $(39,600) $(23,800)
3net (5,200) (5,400) (4,700) - 500 500 - 700 700
FY 2014 BUDGET Presentation.xls 23 04/08/2015 16:29:37
SONY PICTURES TELEVISION - NETWORKS
PROFIT & LOSS - EXISTING NETWORKSFY 2014 BUDGET
(USD IN THOUSANDS)
FY13 FY14 Variance FY14 Budget vs FY13 Q4 Variance FY14 Budget vs FY14 MRP
EBITQ4 MRP BUDGET FX Operational Total FX Operational Total
Europe
100% AXN Iberia $19,800 $18,800 $19,800 $500 $(500) $- $900 $100 $1,000
20% Pulsa 200 800 400 - 200 200 - (400) (400)
100% AXN White (2,700) (800) (400) 100 2,200 2,300 200 200 400
100% AXN Black 2,200 2,300 2,500 - 300 300 100 100 200
100% AXN Central Europe 4,300 9,700 8,800 300 4,200 4,500 1,000 (1,900) (900)
100% AXN SPIN CE (3,600) (1,300) (1,300) - 2,300 2,300 - - -
51% Cable Direct - 400 100 - 100 100 - (300) (300)
100% AXN Italy 4,400 3,800 3,800 100 (700) (600) 300 (300) -
100% AXN Sci-Fi Italy 1,900 2,600 3,000 100 1,000 1,100 200 200 400
100% AXN Germany 1,900 2,300 2,500 100 500 600 100 100 200
100% Animax Germany 900 800 800 - (100) (100) - - -
100% Sony MAX Africa 700 700 700 - - - - - -
100% Sony Africa 1,100 900 800 - (300) (300) (100) - (100)
100% AXN Russia Sci Fi 400 1,300 1,800 - 1,400 1,400 200 300 500
100% SET Russia (600) 700 1,000 100 1,500 1,600 300 - 300
100%### SET Baltics - 200 300 - 300 300 100 - 100
100% Sony Turbo Russia (2,900) (3,000) (3,300) - (400) (400) - (300) (300)
100% Sony Turbo Baltics (200) (300) (800) - (600) (600) - (500) (500)
100% SET UK (4,700) (2,200) (2,600) - 2,100 2,100 100 (500) (400)
100% Movies4Men UK (1,500) (1,000) (800) - 700 700 - 200 200
100% SMC UK (2,300) (500) (400) - 1,900 1,900 100 - 100
75% Dolphin Ad Sales UK - 1,600 2,400 - 2,400 2,400 100 700 800
Total Europe 19,300 37,800 39,100 1,300 18,500 19,800 3,600 (2,300) 1,300
Latin America
100% SET Latin America 28,800 32,800 29,600 300 500 800 1,400 (4,600) (3,200)
100% AXN Latin America 21,400 18,900 20,200 - (1,200) (1,200)### 500 800 1,300
100% SPIN Latin America (3,700) (1,000) (2,400) - 1,300 1,300 100 (1,500) (1,400)
100% SET Brazil 11,600 14,300 13,700 (200) 2,300 2,100 500 (1,100) (600)
100% AXN Brazil 2,800 1,600 2,100 (100) (600) (700) 200 300 500
100% SPIN Brazil (3,800) (3,400) (4,400) - (600) (600) - (1,000) (1,000)
100% Latin America Ad Sales Operations 1,000 4,100 800 100 (300) (200) 300 (3,600) (3,300)
100% Crackle Latin America (5,300) (7,700) (7,500) - (2,200) (2,200) 100 100 200
Total Latin America 52,800 59,600 52,100 100 (800) (700) 3,100 (10,600) (7,500)
FY 2014 BUDGET Presentation.xls 24 04/08/2015 16:29:37
SONY PICTURES TELEVISION - NETWORKS
PROFIT & LOSS - EXISTING NETWORKSFY 2014 BUDGET
(USD IN THOUSANDS)
FY13 FY14 Variance FY14 Budget vs FY13 Q4 Variance FY14 Budget vs FY14 MRP
EBITQ4 MRP BUDGET FX Operational Total FX Operational Total
Asia/Australia
62% MSM India (incl SET Six Sports) 114,800 146,600 153,000 1,500 36,700 38,200 8,500 (2,100) 6,400
100% Channel 8 (1,500) (800) (2,300) (100) (700) (800) (100) (1,400) (1,500)
100% AXN Asia 6,700 8,000 6,700 - - - 300 (1,600) (1,300)
100% Animax Asia/India 800 700 1,000 - 200 200 - 300 300
100% SET SE Asia 200 100 (400) - (600) (600) - (500) (500)
100% beTV (1,400) (800) (400) - 1,000 1,000 - 400 400
100% SET One 1,700 2,000 2,100 - 400 400 (100) 200 100
49% Animax Korea (500) (700) (600) - (100) (100) - 100 100
49% AXN Korea (2,100) (900) - (100) 2,200 2,100 - 900 900
65% AXN Japan 7,900 9,000 7,900 - - - 100 (1,200) (1,100)
67% Animax Japan 28,300 30,700 28,300 - - - 400 (2,800) (2,400)
100% AXN Mystery 3,500 2,300 400 - (3,100) (3,100) - (1,900) (1,900)
100% SPTL 1,100 700 500 - (600) (600) - (200) (200)
20%### PMP - Australia (400) - - - 400 400 - - -
33% TV-1 Australia (incl. Sci-Fi) 1,100 500 900 - (200) (200) - 400 400
Total Asia/Australia 160,200 197,400 197,100 1,300 35,600 36,900 9,100 (9,400) (300)
TOTAL EXISTING INTL NETWORKS EBIT 232,300 294,800 288,300 2,700 53,300 56,000 15,800 (22,300) (6,500)
DOMESTIC NETWORKS
58% GSN 62,400 82,100 82,100 - 19,700 19,700 - - -
34.5% FEARnet 200 800 600 - 400 400 - (200) (200)
100% Crackle US & Clips (9,000) - - - 9,000 9,000 - - -
100% Crackle ELI (500) (900) (1,100) - (600) (600) - (200) (200)
100% Games 500 500 700 - 200 200 - 200 200
100% Sony Movie Channel (5,400) (1,100) (1,700) - 3,700 3,700 - (600) (600)
100% CineSony (4,200) (1,600) (2,200) - 2,000 2,000 - (600) (600)
46.7% Hollywood Suite (900) (300) (1,100) - (200) (200) - (800) (800)
TOTAL DOMESTIC NETWORKS 43,100 79,500 77,300 - 34,200 34,200 - (2,200) (2,200)
TOTAL EXISTING NETWORKS $275,400 $374,300 $365,600 $2,700 $87,500 $90,200 $15,800 $(24,500) $(8,700)
FY 2014 BUDGET Presentation.xls 25 04/08/2015 16:29:37
SONY PICTURES TELEVISION - NETWORKS
PROFIT & LOSS - NEW NETWORK INVESTMENTSFY 2014 BUDGET
(USD IN THOUSANDS)
FY13 FY14
Variance FY14 Budget vs FY13 Q4 Variance FY14 Budget vs FY14 MRP
Q4 MRP BUDGET FX Operational Total FX Operational Total
FY13/14 Investment Opportunities (Intl)
SET Turkey (700) (2,200) (2,500) - (1,800) (1,800) - (300) (300)
SPTL EMEA - - (200) - (200) (200) - (200) (200)
3D Output Deal (500) (500) - - 500 500 - 500 500
Animax Online UK (200) 100 - - 200 200 - (100) (100)
SET Germany (200) (1,900) (3,100) - (2,900) (2,900) - (1,200) (1,200)
Japan - KNTV - (500) (500) - (500) (500) - - -
Maa (600) (2,200) (2,200) - (1,600) (1,600) - - -
AXN Movies (CE) - (4,500) (4,500) - (4,500) (4,500) - - -
True Movies UK - - - - - - - - -
Italy DTT - (4,000) (4,000) - (4,000) (4,000) - - -
Vidzone (Europe) - (4,200) (4,200) - (4,200) (4,200) - - -
TV Asia - (1,000) - - - - - 1,000 1,000
Flixy (Lat Am Women's Crackle) - (3,800) (4,000) - (4,000) (4,000) - (200) (200)
Sony Movie Channel Norway - - (4,800) - (4,800) (4,800) - (4,800) (4,800)
Australia Channel - - - - - - - - -
Philippines DTT - - - - - - - - -
So-net/ADTV - - - - - - - - -
Total FY'13/14 Investment Opportunities (Intl) (2,200) (24,700) (30,000) - (27,800) (27,800) - (5,300) (5,300)
FY'13/14 Investment Opportunities (Domestic)
- -
Total FY'13/14 Investment Opportunities (Domestic) - - - - - - - - -
Unidentified Opportunities 400 - - - - - (400) (400)
TOTAL NEW NETWORK INVESTMENTS FY13/14 $(2,200) $(24,300) $(30,000) $- $(27,800) $(27,800) $- $(5,700) $(5,700)
TOTAL EXISTING NETWORKS $275,400 $374,300 $365,600 $2,700 $87,500 $90,200 $15,800 $(24,500) $(8,700)
TOTAL NETWORKS EBIT $273,200 $350,000 $335,600 $2,700 $59,700 $62,400 $15,800 $(30,200) $(14,400)
3net (5,200) (5,400) (4,700) - 500 500 ### - 700 700
Projected Ownership
Projected Launch
FY 2014 BUDGET Presentation.xls 26 04/08/2015 16:29:37
SONY PICTURES TELEVISION - NETWORKS
REVENUE SUMMARYFY 2014 BUDGET
(USD IN THOUSANDS)
FY13 FY14 Variance FY14 Budget vs FY13 Q4 Variance FY14 Budget vs FY14 MRP
Q4 MRP BUDGET FX Operational Total FX Operational Total
REVENUE - EXISTING INTL NETWORKS $1,152,000 $1,362,500 $1,378,600 $7,900 $218,700 $226,600 $53,900 $(37,800) $16,100
SUBTOTAL - EXISTING INTL NETWORKS REVENUE 1,152,000 1,362,500 1,378,600 7,900 218,700 226,600 53,900 (37,800) 16,100
REVENUE - NEW INTL NETWORK INVESTMENTS FY'13/14 3,700 143,900 120,300 - 116,600 116,600 - (23,600) (23,600)
SUBTOTAL - INTL NETWORKS REVENUE 1,155,700 1,506,400 1,498,900 7,900 335,300 343,200 53,900 (61,400) (7,500)
REVENUE - EXISTING DOMESTIC NETWORKS 354,100 454,600 444,900 - 90,800 90,800 - (9,700) (9,700)
SUBTOTAL - DOMESTIC NETWORKS REVENUE 354,100 454,600 444,900 - 90,800 90,800 - (9,700) (9,700)
TOTAL NETWORKS REVENUE $1,509,800 $1,961,000 $1,943,800 $7,900 $426,100 $434,000 $53,900 $(71,100) $(17,200)
FY 2014 BUDGET Presentation.xls 27 04/08/2015 16:29:38
SONY PICTURES TELEVISION - NETWORKS
REVENUE EXISTING NETWORKSFY 2014 BUDGET
(USD IN THOUSANDS)
FY13 FY14 Variance FY14 Budget vs FY13 Q4 Variance FY14 Budget vs FY14 MRP
REVENUEQ4 MRP BUDGET FX Operational Total FX Operational Total
Europe
100% AXN Iberia $56,500 $57,600 $57,900 $900 $500 $1,400 $1,900 $(1,600) $300
100% AXN White 7,600 9,900 8,900 100 1,200 1,300 300 (1,300) (1,000)
100% AXN Black 6,600 7,000 6,900 100 200 300 200 (300) (100)
100% AXN Central Europe 47,600 56,500 53,200 800 4,800 5,600 2,300 (5,600) (3,300)
100% AXN SPIN CE 700 5,600 3,600 - 2,900 2,900 300 (2,300) (2,000)
51% Cable Direct 1,100 1,700 1,400 - 300 300 - (300) (300)
100% AXN Italy 16,800 17,200 17,400 300 300 600 500 (300) 200
100% AXN Sci-Fi Italy 8,000 8,100 8,200 100 100 200 300 (200) 100
100% AXN Germany 9,600 11,000 10,800 100 1,100 1,200 300 (500) (200)
100% Animax Germany 4,500 4,800 4,700 100 100 200 200 (300) (100)
100% Sony MAX Africa 4,500 4,600 4,700 - 200 200 100 - 100
100% Sony Africa 7,300 7,700 7,800 - 500 500 100 - 100
100% AXN Russia Sci Fi 7,000 9,000 8,500 100 1,400 1,500 400 (900) (500)
100% SET Russia 8,200 10,400 10,800 100 2,500 2,600 500 (100) 400
100%### SET Baltics 900 1,500 1,500 - 600 600 100 (100) -
100% Sony Turbo Russia 200 1,900 1,800 - 1,600 1,600 - (100) (100)
100% Sony Turbo Baltics - 1,100 500 - 500 500 - (600) (600)
100% SET UK 3,700 7,100 6,500 100 2,700 2,800 200 (800) (600)
100% Movies4Men UK 5,300 5,500 17,900 100 12,500 12,600 200 12,200 12,400
100% SMC UK 2,100 4,900 4,700 - 2,600 2,600 100 (300) (200)
75% Dolphin Ad Sales UK 4,000 5,600 6,400 - 2,400 2,400 100 700 800
Total Europe 202,200 238,700 244,100 2,900 39,000 41,900 8,100 (2,700) 5,400
Latin America
100% SET Latin America 75,000 90,400 87,400 300 12,100 12,400 2,000 (5,000) (3,000)
100% AXN Latin America 49,500 57,600 56,100 100 6,500 6,600 700 (2,200) (1,500)
100% SPIN Latin America 5,400 10,800 8,400 - 3,000 3,000 200 (2,600) (2,400)
100% SET Brazil 33,400 42,000 40,600 (300) 7,500 7,200 800 (2,200) (1,400)
100% AXN Brazil 18,500 22,700 21,600 (100) 3,200 3,100 400 (1,500) (1,100)
100% SPIN Brazil 1,800 3,200 2,400 - 600 600 100 (900) (800)
100% Latin America Ad Sales Operations 1,600 900 1,000 100 (700) (600) 1,200 (1,100) 100
100% Crackle Latin America 3,000 8,100 7,500 - 4,500 4,500 200 (800) (600)
Total Latin America 188,200 235,700 225,000 100 36,700 36,800 5,600 (16,300) (10,700)
FY 2014 BUDGET Presentation.xls 28 04/08/2015 16:29:38
SONY PICTURES TELEVISION - NETWORKS
REVENUE EXISTING NETWORKSFY 2014 BUDGET
(USD IN THOUSANDS)
FY13 FY14 Variance FY14 Budget vs FY13 Q4 Variance FY14 Budget vs FY14 MRP
REVENUEQ4 MRP BUDGET FX Operational Total FX Operational Total
Asia/Australia
62.0% MSM India (incl SET Six Sports) 548,100 650,100 677,100 4,300 124,700 129,000 36,400 (9,400) 27,000
100% Channel 8 3,500 6,600 4,600 300 800 1,100 300 (2,300) (2,000)
100% AXN Asia/Korea 49,700 52,100 56,300 300 6,300 6,600 1,300 2,900 4,200
100% Animax Asia/India 11,500 11,800 13,600 - 2,100 2,100 100 1,700 1,800
100% SET SE Asia 4,700 5,100 4,500 - (200) (200) - (600) (600)
100% beTV 5,100 5,400 6,700 - 1,600 1,600 - 1,300 1,300
100% SET One 8,100 11,300 10,800 - 2,700 2,700 - (500) (500)
65.0% AXN Japan 37,500 42,000 39,500 - 2,000 2,000 600 (3,100) (2,500)
66.7% Animax Japan 76,300 83,300 79,200 - 2,900 2,900 1,200 (5,300) (4,100)
100% AXN Mystery 16,300 20,400 17,200 - 900 900 300 (3,500) (3,200)
Total Asia/Australia 760,800 888,100 909,500 4,900 143,800 148,700 40,200 (18,800) 21,400
TOTAL EXISTING INTL NETWORKS 1,151,200 1,362,500 1,378,600 7,900 219,500 227,400 53,900 (37,800) 16,100
PRODUCTION
100% Digital Production 800 - - - (800) (800) - - -
TOTAL PRODUCTION 800 - - - (800) (800) - - -
TOTAL EXISTING INTL NETWORKS 1,152,000 1,362,500 1,378,600 7,900 218,700 226,600 53,900 (37,800) 16,100
DOMESTIC NETWORKS
58% GSN 320,100 372,300 372,300 - 52,200 52,200 - - -
100% Crackle US & Clips 18,900 52,400 44,200 - 25,300 25,300 - (8,200) (8,200)
100% Crackle ELI 1,200 3,100 2,900 - 1,700 1,700 - (200) (200)
100% Games 5,800 7,300 9,300 - 3,500 3,500 - 2,000 2,000
100% Sony Movie Channel 7,900 13,200 11,700 - 3,800 3,800 - (1,500) (1,500)
100% CineSony 200 6,300 4,500 - 4,300 4,300 - (1,800) (1,800)
TOTAL DOMESTIC NETWORKS 354,100 454,600 444,900 - 90,800 90,800 - (9,700) (9,700)
TOTAL EXISTING NETWORKS $1,506,100 $1,817,100 $1,823,500 $7,900 $309,500 $317,400 $53,900 $(47,500) $6,400
FY 2014 BUDGET Presentation.xls 29 04/08/2015 16:29:38
SONY PICTURES TELEVISION - NETWORKS
REVENUE - NEW NETWORK INVESTMENTSFY 2014 BUDGET
(USD IN THOUSANDS)
Projected ProjectedOwnership Launch FY13 FY14 Variance FY14 Budget vs FY13 Q4 Variance FY14 Budget vs FY14 MRP
% DateQ4 MRP BUDGET FX Operational Total FX Operational Total
FY 13/14 New Network Investments (Intl)
SET Turkey 400 5,800 6,100 - 5,700 5,700 - 300 300
Animax Online UK - 1,000 900 - 900 900 - (100) (100)
SET Germany - 2,900 2,600 - 2,600 2,600 - (300) (300)
KNTV - 34,000 34,000 - 34,000 34,000 - - -
Maa 3,300 47,500 47,500 - 44,200 44,200 - - -
AXN Movies (CE) - 4,000 4,000 - 4,000 4,000 - - -
True Movies UK - 14,800 - - - - - (14,800) (14,800)
Italy DTT - 5,900 5,900 - 5,900 5,900 - - -
Vidzone (Europe) - 15,500 15,500 - 15,500 15,500 - - -
TV Asia - 10,000 - - - - - (10,000) (10,000)
Flixy (Lat Am Women's Crackle) - 2,000 2,100 - 2,100 2,100 - 100 100
Sony Movie Channel Norway - - 1,700 - 1,700 1,700 - 1,700 1,700
- - - -
- -
Total FY'13/14 Investment Opportunities (INTL) 3,700 143,400 120,300 - 116,600 116,600 - (23,100) (23,100)
FY'13/14 Investment Opportunities (Domestic)
Total FY'13/14 Investment Opportunities (Domestic) - - - - - - - - -
Total FY13/14 New Network Investment 3,700 143,400 120,300 - 116,600 116,600 - (23,100) (23,100)
Unidentified Opportunities (FY15 Launches) - 500 - - - - - (500) (500)
TOTAL NEW NETWORK INVESTMENTS FY13/14 $3,700 $143,900 $120,300 $- $116,600 $116,600 $- $(23,600) $(23,600)
TOTAL EXISTING NETWORKS $1,506,100 $1,817,100 $1,823,500 $7,900 $309,500 $317,400 $53,900 $(47,500) $6,400
TOTAL NETWORKS REVENUE BEFORE CHALLENGE $1,509,800 $1,961,000 $1,943,800 $7,900 $426,100 $434,000 $53,900 $(71,100) $(17,200)
FY 2014 BUDGET Presentation.xls 30 04/08/2015 16:29:38
SONY PICTURES TELEVISION - NETWORKS
OVERHEAD SUMMARYFY 2014 BUDGET
(USD IN THOUSANDS)
FY13 FY14 Variance FY14 Budget vs FY13 Q4 Variance FY14 Budget vs FY14 MRP
Q4 MRP BUDGET FX Operational Total FX Operational Total
OVERHEAD - EXISTING INTL NETWORKS $(173,900) $(191,300) $(196,000) $(1,000) $(21,100) $(22,100) $(7,100) $2,400 $(4,700)
SUBTOTAL - EXISTING INTL NETWORKS OVERHEAD (173,900) (191,300) (196,000) (1,000) (21,100) (22,100) (7,100) 2,400 (4,700)
OVERHEAD - NEW INTL NETWORK INVESTMENTS FY'13/14 (1,000) (23,400) (21,600) - (20,600) (20,600) - 1,800 1,800
SUBTOTAL - INTL NETWORKS OVERHEAD (174,900) (214,700) (217,600) (1,000) (41,700) (42,700) (7,100) 4,200 (2,900)
OVERHEAD - EXISTING DOMESTIC NETWORKS (106,100) (127,100) (125,500) - (19,400) (19,400) - 1,600 1,600
OVERHEAD - NEW DOMESTIC NETWORK INVESTMENTS FY'13/14 - - - - - - - - -
SUBTOTAL - DOMESTIC NETWORKS OVERHEAD (106,100) (127,100) (125,500) - (19,400) (19,400) - 1,600 1,600
SUBTOTAL - NETWORKS OVERHEAD BEFORE HOME OFFICE & CHALLENGE (281,000) (341,800) (343,100) (1,000) (61,100) (62,100) (7,100) 5,800 (1,300)
HOME OFFICE (19,900) (22,200) (21,200) - (1,300) (1,300) - 1,000 1,000
SPT NETWORKS CHALLENGE - 10,000 - - - - - (10,000) (10,000) -
TOTAL NETWORKS OVERHEAD* $(300,900) $(354,000) $(364,300) $(1,000) $(62,400) $(63,400) $(7,100) $(3,200) $(10,300)
FY 2014 BUDGET Presentation.xls 31 04/08/2015 16:29:38
SONY PICTURES TELEVISION - NETWORKS
OVERHEAD - EXISTING NETWORKSFY 2014 BUDGET
(USD IN THOUSANDS)
FY13 FY14 Variance FY14 Budget vs FY13 Q4 Variance FY14 Budget vs FY14 MRP
OVERHEADQ4 MRP BUDGET FX Operational Total FX Operational Total
Europe
100% AXN Iberia $(6,500) $(6,800) $(6,800) $(100) $(200) $(300) $(200) $200 $-
100% AXN White (500) (600) (500) - - - - 100 100
100% AXN Black (400) (400) (400) - - - - - -
100% AXN Central Europe (7,200) (7,800) (8,400) (200) (1,000) (1,200) (500) (100) (600)
100% AXN SPIN CE (200) (300) (300) - (100) (100) - - -
51% Cable Direct (900) (1,100) (1,100) - (200) (200) - - -
100% AXN Italy (1,600) (1,800) (1,900) - (300) (300) (100) - (100)
100% AXN Sci-Fi Italy (400) (400) (400) - - - - - -
100% AXN Germany (1,200) (1,200) (1,200) - - - - - -
100% Animax Germany (800) (800) (900) - (100) (100) - (100) (100)
100% Sony MAX Africa (400) (400) (400) - - - - - -
100% Sony Africa (600) (600) (600) - - - - - -
100% AXN Russia Sci Fi (1,100) (1,400) (1,100) - - - (100) 400 300
100% SET Russia (1,100) (1,200) (1,100) - - - (100) 200 100
100%### SET Baltics (100) (100) (100) - - - - - -
100% Sony Turbo Russia (1,200) (700) (1,100) - 100 100 - (400) (400)
100% Sony Turbo Baltics - (200) (200) - (200) (200) - - -
100% SET UK (400) (500) (500) - (100) (100) - - -
100% Movies4Men UK (600) (700) (700) - (100) (100) - - -
100% SMC UK (500) (700) (700) - (200) (200) - - -
75% Dolphin Ad Sales UK (2,700) (2,800) (2,900) - (200) (200) (100) - (100)
Total Europe (28,400) (30,500) (31,300) (300) (2,600) (2,900) (1,100) 300 (800)
Latin America
100% SET Latin America (8,300) (10,300) (10,800) - (2,500) (2,500) (100) (400) (500)
100% AXN Latin America (2,200) (3,400) (2,500) - (300) (300) - 900 900
100% SPIN Latin America (300) (300) (400) - (100) (100) - (100) (100)
100% SET Brazil (5,100) (4,700) (4,600) - 500 500 (100) 200 100
100% AXN Brazil (4,000) (4,200) (4,300) - (300) (300) (100) - (100)
100% SPIN Brazil (100) (100) (100) - - - - - -
100% Latin America Ad Sales Operations (13,100) (15,300) (15,500) - (2,400) (2,400) (300) 100 (200)
100% Crackle Latin America (3,300) (3,500) (3,500) - (200) (200) - - -
Total Latin America (36,400) (41,800) (41,700) - (5,300) (5,300) (600) 700 100
FY 2014 BUDGET Presentation.xls 32 04/08/2015 16:29:38
SONY PICTURES TELEVISION - NETWORKS
OVERHEAD - EXISTING NETWORKSFY 2014 BUDGET
(USD IN THOUSANDS)
FY13 FY14 Variance FY14 Budget vs FY13 Q4 Variance FY14 Budget vs FY14 MRP
OVERHEADQ4 MRP BUDGET FX Operational Total FX Operational Total
Asia/Australia
62% MSM India (incl SET Six Sports) (61,200) (67,600) (70,300) (300) (8,800) (9,100) (3,900) 1,200 (2,700)
100% Channel 8 (800) (800) (900) - (100) (100) - (100) (100)
100% AXN Asia/Korea (13,100) (13,700) (14,300) (200) (1,000) (1,200) (500) (100) (600)
100% Animax Asia/India (2,100) (2,300) (2,500) - (400) (400) (100) (100) (200)
100% SET SE Asia (800) (900) (900) - (100) (100) - - -
100% beTV (600) (700) (700) - (100) (100) - - -
100% SET One (1,200) (1,500) (1,600) - (400) (400) (100) - (100)
65% AXN Japan (7,800) (8,500) (8,100) - (300) (300) (100) 500 400
67% Animax Japan (10,100) (11,000) (10,700) - (600) (600) (200) 500 300
100% AXN Mystery (2,200) (2,700) (2,800) - (600) (600) - (100) (100)
100% SPTL (incl new media services) (9,200) (9,300) (10,200) (200) (800) (1,000) (500) (400) (900)
Total Asia/Australia (109,100) (119,000) (123,000) (700) (13,200) (13,900) (5,400) 1,400 (4,000)
TOTAL EXISTING INTL NETWORKS OVERHEAD (173,900) (191,300) (196,000) (1,000) (21,100) (22,100) (7,100) 2,400 (4,700)
DOMESTIC OVERHEAD
58% GSN (90,700) (98,100) (98,100) - (7,400) (7,400) - - -
100% Crackle US & Clips (9,600) (14,500) (13,300) - (3,700) (3,700) - 1,200 1,200
100% Crackle ELI (300) (600) (600) - (300) (300) - - -
100% Digital Platform - Crackle Shared Service - (7,600) (7,100) - (7,100) (7,100) - 500 500
100% Games (700) (900) (900) - (200) (200) - - -
100% Sony Movie Channel (4,200) (4,300) (4,400) - (200) (200) - (100) (100)
100% CineSony (600) (1,100) (1,100) - (500) (500) - - -
TOTAL DOMESTIC NETWORKS (106,100) (127,100) (125,500) - (19,400) (19,400) - 1,600 1,600
TOTAL EXISTING NETWORKS OVERHEAD (280,000) (318,400) (321,500) (1,000) (40,500) (41,500) (7,100) 4,000 (3,100)
FY 2014 BUDGET Presentation.xls 33 04/08/2015 16:29:38
SONY PICTURES TELEVISION - NETWORKS
OVERHEAD- NEW NETWORK INVESTMENTSFY 2014 BUDGET
(USD IN THOUSANDS)
Projected ProjectedOwnership Launch FY13 FY14 Variance FY14 Budget vs FY13 Q4 Variance FY14 Budget vs FY14 MRP
% DateQ4 MRP BUDGET FX Operational Total FX Operational Total
FY 13/14 New Network Investments (Intl)
SET Turkey (100) (400) (800) - (700) (700) - (400) (400)
SPTL EMEA - (300) (200) - (200) (200) - 100 100
Animax Online UK (100) (200) (200) - (100) (100) - - -
SET Germany - (1,000) (900) - (900) (900) - 100 100
KNTV - (3,100) (3,100) - (3,100) (3,100) - - -
Maa (800) (9,700) (9,700) - (8,900) (8,900) - - -
AXN Movies (CE) - (300) (300) - (300) (300) - - -
True Movies UK - (500) - - - - - 500 500
Italy DTT - (900) (900) - (900) (900) - - -
Vidzone (Europe) - (3,900) (3,900) - (3,900) (3,900) - - -
TV Asia - (2,000) - - - - - 2,000 2,000
Flixy (Lat Am Women's Crackle) - (900) (1,100) - (1,100) (1,100) - (200) (200)
Sony Movie Channel Norway - - (500) - (500) (500) - (500) (500)
- -
Total FY 13/14 New Network Investments (Intl) (1,000) (23,200) (21,600) - (20,600) (20,600) - 1,600 1,600
FY'13/14 Investment Opportunities (Domestic)
Total FY'13/14 Investment Opportunities (Domestic) - - - - - - - - -
Unidentified Opportunities (FY14 Launches) (200) - - - - - 200 200
TOTAL NEW NETWORK INVESTMENTS FY13/14 (1,000) (23,400) (21,600) - (20,600) (20,600) - 1,800 1,800
TOTAL EXISTING NETWORKS $(280,000) $(318,400) $(321,500) $(1,000) $(40,500) $(41,500) $(7,100) $4,000 $(3,100)
TOTAL NETWORKS OVERHEAD BEFORE HOME OFFICE $(281,000) $(341,800) $(343,100) $(1,000) $(61,100) $(62,100) $(7,100) $5,800 $(1,300)
FY 2014 BUDGET Presentation.xls 34 04/08/2015 16:29:38
SONY PICTURES TELEVISION - NETWORKS
SUMMARY OF CASH FLOWFY 2014 BUDGET
(USD IN THOUSANDS)
FY13 FY14
Q4 MRP BUDGET
CASH - EXISTING INTL NETWORKS $127,700 $79,000 $71,900 $(55,800) $(7,100)
SUBTOTAL - EXISTING INTL NETWORKS CASH 127,700 79,000 71,900 (55,800) (7,100)
CASH -NEW INTL NETWORK INVESTMENTS FY'13/14 (109,100) (85,200) (65,600) 43,500 19,600
SUBTOTAL -INTL NETWORKS CASH 18,600 (6,200) 6,300 (12,300) 12,500
CASH - EXISTING DOMESTIC NETWORKS 37,000 28,100 27,300 (9,700) (800)
CASH -NEW DOMESITC NETWORK INVESTMENTS FY'13/14 - - - - -
SUBTOTAL -DOMESTIC NETWORKS CASH 37,000 28,100 27,300 (9,700) (800)
55,600 21,900 33,600 (22,000) 11,700
MARKETING (1,900) (2,500) (2,500) (600) -
RESEARCH (200) (400) (800) (600) (400)
PRODUCTION (7,000) (3,500) (3,500) 3,500 -
DIGITAL INFRASTRUCTURE (3,200) (3,400) (3,400) (200) -
G & A HOME OFFICE (19,900) (22,200) (21,200) (1,300) 1,000
TOTAL HOME OFFICE (32,200) (32,000) (31,400) 800 600
NETWORKS CASH BEFORE CHALLENGE 23,400 (10,100) 2,200 (21,200) 12,300
SPT NETWORKS CHALLENGE 10,000 12,000 - (10,000) (12,000)
TOTAL NETWORKS CASH 33,400 1,900 2,200 (31,200) 300
MSM BUY UP (145,000) (56,100) (56,100) 88,900 -
GSN PUT OPTION PAYMENT/INTEREST - (125,800) (122,000) (122,000) 3,800
TOTAL NETWORKS CASH $(111,600) $(180,000) $(175,900) $(64,300) $4,100
3net (3,200) (4,500) (4,500) (1,300) -
Variance FY14 Budget vs FY13 Q4
Variance FY14 Budget vs FY14
MRP
SUBTOTAL - NETWORKS CASH BEFORE HOME OFFICE, MSM BUY UP/GSN PUT PAYMENT & CHALLENGE
FY 2014 BUDGET Presentation.xls 35 04/08/2015 16:29:38
SONY PICTURES TELEVISION - NETWORKS
CASH - EXISTING NETWORKSFY 2014 BUDGET
(USD IN THOUSANDS)
FY 13 FY14
Q4 MRP BUDGET
CASH
Europe
100% AXN Iberia $15,500 $16,700 $16,100 $600 $(600)
20% Pulsa (2,500) - 400 2,900 400
100% AXN White (1,800) (2,100) (1,600) 200 500
100% AXN Black 2,100 1,900 2,400 300 500
100% AXN Central Europe/Diginets 4,800 5,000 4,900 100 (100)
100% AXN SPIN CE (4,200) (1,600) (1,500) 2,700 100
51% Cable Direct - Romania 200 400 100 (100) (300)
Cable Direct - Romania (Purchase Price) (200) (800) (400) (200) 400
100% AXN Italy 1,600 1,700 1,300 (300) (400)
100% AXN Sci-Fi Italy 700 1,000 1,200 500 200
100% AXN Germany 1,600 2,000 2,200 600 200
100% Animax Germany 2,500 700 1,000 (1,500) 300
100% Sony MAX Africa 800 700 700 (100) -
100% Sony Africa 500 700 700 200 -
100% AXN Russia Sci Fi (500) 700 1,800 2,300 1,100
100% SET Russia (1,800) (600) (600) 1,200 -
100% SET Baltics (400) (200) (200) 200 -
100% Sony Turbo Russia (3,500) (3,100) (3,500) - (400)
100% Sony Turbo Baltics (400) (200) (800) (400) (600)
100% SET UK (5,200) (1,200) (1,400) 3,800 (200)
100% Movies4Men UK (2,300) (700) (4,600) (2,300) (3,900)
Movies4Men UK (Purchase Price) (3,900) - - 3,900 -
100% SMC UK (1,900) (300) (200) 1,700 100
75% Dolphin Ad Sales UK 400 2,000 2,400 2,000 400
Dolphin Ad Sales UK (Purchase Price) (1,600) (1,300) (1,600) - (300)
Total Europe 500 21,400 18,800 18,300 (2,600)
Latin America
100% SET Latin America 14,600 30,400 13,000 (1,600) (17,400)
100% AXN Latin America 23,800 17,300 29,000 5,200 11,700
100% SPIN Latin America (5,500) (600) (500) 5,000 100
100% SET Brazil 6,400 7,900 8,100 1,700 200
100% AXN Brazil (1,100) (1,200) (500) 600 700
100% SPIN Brazil (2,700) (3,900) (4,400) (1,700) (500)
100% Latin America Ad Sales Operations 700 2,800 700 - (2,100)
100% Crackle Latin America (5,700) (8,800) (8,200) (2,500) 600
Total Latin America 30,500 43,900 37,200 6,700 (6,700)
Variance FY14 Budget vs FY13 Q4
Variance FY14 Budget vs FY14
MRP
FY 2014 BUDGET Presentation.xls 36 04/08/2015 16:29:38
SONY PICTURES TELEVISION - NETWORKS
CASH - EXISTING NETWORKSFY 2014 BUDGET
(USD IN THOUSANDS)
FY 13 FY14
Q4 MRP BUDGET
CASH
Variance FY14 Budget vs FY13 Q4
Variance FY14 Budget vs FY14
MRP
Asia/Australia
62% MSM India (incl SET Six Sports) 67,900 (5,600) 4,300 (63,600) 9,900
100% Channel 8 (1,600) (1,200) (1,900) (300) (700)
100% AXN Asia/Korea 1,100 3,700 1,300 200 (2,400)
100% Animax Asia/India (800) (400) (400) 400 -
100% SET SE Asia 200 (300) (600) (800) (300)
100% beTV (2,100) (700) (800) 1,300 (100)
100% SET One 100 600 800 700 200
49% Animax Korea - (2,100) (2,200) (2,200) (100)
49% AXN Korea (2,100) (600) (600) 1,500 -
65% AXN Japan 3,200 3,800 3,300 100 (500)
67% Animax Japan 15,900 15,000 14,200 (1,700) (800)
100% AXN Mystery 2,300 700 (2,100) (4,400) (2,800)
100% SPTL - Satellite Uplink Facility (200) 300 100 300 (200)
20% PMP - Australia 10,400 - - (10,400) -
33% TV-1 Australia (incl. Sci-Fi) 2,400 500 500 (1,900) -
Total Asia/Australia 96,700 13,700 15,900 (80,800) 2,200
TOTAL INTL EXISTING NETWORKS 127,700 79,000 71,900 (55,800) (7,100)
DOMESTIC NETWORKS
58% GSN 65,600 48,600 48,600 (17,000) -
34.5% FEARnet - - - - -
100% Crackle US & Clips (12,700) (14,400) (14,300) (1,600) 100
100% Crackle ELI (400) (1,200) (1,200) (800) -
100% Games 900 (200) (200) (1,100) -
100% Sony Movie Channel (6,000) (1,800) (2,100) 3,900 (300)
100% CineSony (4,300) (2,900) (3,500) 800 (600)
46.7% Hollywood Suite (6,100) - - 6,100 -
TOTAL DOMESTIC NETWORKS 37,000 28,100 27,300 (9,700) (800)
TOTAL EXISTING NETWORKS $164,700 $107,100 $99,200 $(65,500) $(7,900)
FY 2014 BUDGET Presentation.xls 37 04/08/2015 16:29:38
SONY PICTURES TELEVISION - NETWORKS
CASH - NEW NETWORKS INVESTMENTSFY 2014 BUDGET
(USD IN THOUSANDS)
Projected ProjectedOwnership Launch FY13 FY14
% Date Q4 MRP BUDGET
FY13/14 Investment Opportunities (Intl)
SET Turkey 100% Oct-12 (200) (1,600) (1,100) (900) 500
SET Turkey (Purchase Price) (1,000) (2,500) (6,500) (5,500) (4,000)
SPTL EMEA - (4,500) (4,300) (4,300) 200
3D Output Deal - - - - -
Animax Online UK 100% (200) 100 - 200 (100)
SET Germany (200) (1,500) (5,500) (5,300) (4,000)
Japan - KNTV 43% Apr-13 - 2,400 2,400 2,400 -
Japan - KNTV (Purchase Price) - (19,300) (19,300) (19,300) -
Maa 52% Feb-13 (100) 1,800 1,800 1,900 -
Maa (Purchase Price) (107,400) - - 107,400 -
AXN Movies (CE) - (6,000) (6,000) (6,000) -
True Movies UK - 6,300 - - (6,300)
True Movies UK (Purchase Price) - (30,000) - - 30,000
Italy DTT - (7,200) (7,200) (7,200) -
Vidzone (Europe) - (4,100) (4,100) (4,100) -
Vidzone (Europe) (Purchase Price) - (6,500) (6,500) (6,500) -
TV Asia - 2,000 - - (2,000)
TV Asia (Purchase Price) - (10,000) - - 10,000
Flixy (Lat Am Women's Crackle) - (3,800) (3,800) (3,800) -
Sony Movie Channel Norway - - (5,500) (5,500) (5,500)
- -
Total FY'13/14 Investment Opportunities (INTL) (109,100) (84,400) (65,600) 43,500 18,800
FY'13/14 Investment Opportunities (Domestic)
- -
Total FY'13/14 Investment Opportunities (Domestic) - - - - -
Unidentified Opportunities (FY14 Launches) - (800) - 800
TOTAL NEW NETWORK INVESTMENTS $(109,100) $(85,200) $(65,600) $43,500 $19,600
TOTAL EXISTING NETWORKS $164,700 $107,100 $99,200 $(65,500) $(7,900)
TOTAL NETWORKS CASH BEFORE HOME OFFICE $55,600 $21,900 $33,600 $(22,000) $11,700
3net (3,200) (4,500) (4,500) (1,300) -
Variance FY14 Budget vs FY13 Q4
Variance FY14 Budget vs FY14
MRP
FY 2014 BUDGET Presentation.xls 38 04/08/2015 16:29:38
SONY PICTURES TELEVISION - NETWORKS
HEADCOUNT FY 2014 BUDGET
(USD IN THOUSANDS)
FY 13 FY14
Q4 MRP BUDGET
Headcount
Europe
100% AXN Iberia 39 41 39 - (2)
100% AXN White 8 8 7 (1) (1)
100% AXN Black 7 7 7 - -
100% AXN Central Europe 93 94 94 1 -
100% AXN SPIN CE 7 7 7 - -
51% Cable Direct 20 21 21 1 -
100% AXN Italy 12 12 12 - -
100% AXN Sci-Fi Italy 4 4 4 - -
100% AXN Germany 8 8 8 - -
100% Animax Germany 6 6 6 - -
100% Sony MAX Africa 5 5 5 - -
100% Sony Africa 6 6 6 - -
100% AXN Russia Sci Fi 13 13 13 - -
100% SET Russia 9 9 9 - -
100%### SET Baltics 1 1 1 - -
100% Sony Turbo Russia 7 7 7 - -
100% Sony Turbo Baltics 2 - 2 - 2
100% SET UK 9 9 9 - -
100% Movies4Men UK 5 5 10 5 5
100% SMC UK 6 6 6 - -
75% Dolphin Ad Sales UK 24 24 28 4 4
Total Europe 291 293 301 10 8
Latin America
100% SET Latin America 100 101 100 - (1)
100% AXN Latin America 20 20 20 - -
100% SPIN Latin America 7 7 7 - -
100% SET Brazil 13 12 12 (1) -
100% AXN Brazil 9 9 10 1 1
100% SPIN Brazil 1 1 1 - -
100% Latin America Ad Sales Operations 86 88 89 3 1
100% Crackle Latin America 23 25 25 2 -
Total Latin America 259 263 264 5 1
Variance FY14 Budget vs FY13 Q4
Variance FY14 Budget vs FY14
MRP
FY 2014 BUDGET Presentation.xls 39 04/08/2015 16:29:39
SONY PICTURES TELEVISION - NETWORKS
HEADCOUNT FY 2014 BUDGET
(USD IN THOUSANDS)
FY 13 FY14
Q4 MRP BUDGET
Headcount
Variance FY14 Budget vs FY13 Q4
Variance FY14 Budget vs FY14
MRP
Asia/Australia
62% MSM India 716 720 753 37 33
100% Channel 8 19 24 22 3 (2)
100% AXN Asia/Korea 116 117 119 3 2
100% Animax Asia/India 30 30 30 - -
100% SET SE Asia 11 12 11 - (1)
100% beTV 9 9 9 - -
100% SET One 18 18 18 - -
65% AXN Japan 42 43 43 1 -
67% Animax Japan 47 50 49 2 (1)
100% AXN Mystery 9 11 11 2 -
100% SPTL - Satellite Uplink Facility 46 46 46 - -
Total Asia 1,063 1,080 1,111 48 31
TOTAL EXISTING INTL NETWORKS 1,613 1,636 1,676 63 40
FY13/14 INTL Investment Opportunities
SET Turkey 4 4 4 - -
SPTL EMEA - 2 2 2 -
Animax Online UK 3 3 3 - -
SET Germany - 7 8 8 1
KNTV - 41 41 41 -
Maa 400 400 400 - -
AXN Movies (CE) - 7 7 7 -
True Movies UK - 7 - - (7)
Italy DTT - 7 7 7 -
Vidzone (Europe) - 40 40 40 -
Flixy - 15 15 15 -
TV Asia - 43 - - (43)
Sony Movie Channel Norway - - 5 5 5
Total FY13/14 INTL Investment Opportunities 407 576 532 125 (44)
TOTAL INTL NETWORKS 2,020 2,212 2,208 188 (4)
FY 2014 BUDGET Presentation.xls 40 04/08/2015 16:29:39
SONY PICTURES TELEVISION - NETWORKS
HEADCOUNT FY 2014 BUDGET
(USD IN THOUSANDS)
FY 13 FY14
Q4 MRP BUDGET
Headcount
Variance FY14 Budget vs FY13 Q4
Variance FY14 Budget vs FY14
MRP
DOMESTIC NETWORKS HEADCOUNT
58% GSN 303 311 311 8 -
100% Crackle US & Clips 70 77 77 7 -
100% Crackle Int'l (UK/AU/CA) 2 5 5 3 -
100% Crackle Shared Service - 39 39 39 -
100% Games 5 7 7 2 -
100% Sony Movie Channel 20 20 20 - -
100% CineSony - 6 8 8 2
TOTAL DOMESTIC NETWORKS HEADCOUNT 400 465 467 67 2
TOTAL NETWORKS HEADCOUNT - CHANNELS 2,420 2,677 2,675 255 (2)
NETWORKS HOME OFFICE 54 58 59 5 1
TOTAL WORLDWIDE NETWORKS HEADCOUNT 2,474 2,735 2,734 260 (1)
SONY PICTURES TELEVISION - NETWORKS
NON CONTROLLING INTEREST FOR ASPIRE EBIT TARGETFY 2013 Q4 FORECAST(USD IN THOUSANDS)
FY13 FY14 Variance FY14 Budget vs FY13 Q4 Variance FY14 Budget vs FY14 MRP
Non Controlling Interest (NCI) FOR ASPIRE EBIT TARGETQ4 MRP BUDGET Variance FX Operational Variance FX Operational Variance
38% MSM India* - - - -
48% Maa 1,100 (1,100) - (1,100)
33% Animax Japan (10,100) 10,100 - 10,100
35% AXN Japan (3,200) 3,200 - 3,200
KNTV 300 (300) - (300)
49% Cable Direct (200) 200 - 200
25% Dolphin (200) 200 - 200
60% GSN** (34,500) 34,500 - 34,500
TOTAL NCI FOR ASPIRE EBIT TARGET $- $(46,800) $- $46,800 $- $- $- $- $- $46,800
*MSM India/SET Six Sports: Assume NCI expense to be 38% of EBIT thru Dec-12; then assume NCI expense to
be 5.6% of EBIT until complete buy up at March-13
**GSN: Put option exercised in September-12
FY 2014 BUDGET Presentation.xls 42 04/08/2015 16:29:39
SONY PICTURES TELEVISION INTERNATIONAL - NETWORKS
REVENUE - HO RESERVES/ADJUSTMENTSFY 2010 BUDGET
(USD IN THOUSANDS)
FY09 FY10
NET OF MINORITY INTERESTBudget Q3 FCST Q4 FCST 2008 MRP Budget
Europe
SET Spain - - - -
AXN Spain/Portugal - - - -
AXN Israel - - - -
AXN Central Europe/Diginets - - - -
Animax Central Europe - - - -
AXN Germany - - - -
AXN Italy - - - -
HBO Central Europe - - - -
CineNova-Benelux - - - -
Total Europe - - - - -
Latin America
SET Latin America - - - -
AXN Latin America - - - -
Animax Latin America - - - -
### HBO Ole & HBO Brasil - - - -
E! Network - - - -
Latin America Ad Sales Operations - - - -
Total Latin America - - - - -
Asia/Australia
SET India/Max/SAB/Pix - - - -
AXN Asia/Korea - - - -
Animax Asia - - - -
Animax India - - - -
AXN Japan - - - -
Animax Japan - - - -
Animax Korea* - - - -
### HBO Asia/Cinemax - - - -
### HBO India - - - -
SPTL - Satellite Uplink Facility - - - -
JBSC - - - -
### PMP - Australia - - - -
TV-1 Australia (incl. Sci-Fi) - - - -
Total Asia/Australia - - - - -
SUB-TOTAL EXISTING NETWORKS - - - - -
NETWORKS HOME OFFICE MOBILE
FY08 LAUNCHED/ACQUIRED/COMMITTED
Animax Germany - - - -
SET Singtel - - - -
Animax Africa - - - -
SET Africa - - - -
AXN Beyond (Asia) - - - -
SET Southeast Asia - - - -
AXN Russia Sci Fi - - - -
TOTAL FY08 LAUNCHED/ACQUIRED/COMMITTED - - - - -
FY09 Investment Opportunities
SET Turkey - - - -
Animax Spain/Portugal - - - -
SET Korea - - - -
Total FY09 Investment Opportunities - - - - -
TOTAL NETWORK REVENUE RESERVES - - - $- $-
FY 2014 BUDGET Presentation.xls 43 04/08/2015 16:29:39
SONY PICTURES TELEVISION INTERNATIONAL - NETWORKS
PROFIT & LOSS - HO RESERVES/ADJUSTMENTSFY 2010 BUDGET
(USD IN THOUSANDS)
FY09 FY10
NET OF MINORITY INTERESTBudget Q3 FCST Q4 FCST 2008 MRP Budget
Europe
SET Spain - - - - -
AXN Spain/Portugal - - - - -
AXN Israel - - - - -
AXN Central Europe/Diginets - - - - -
Animax Central Europe - - - - -
AXN Germany - - - - -
AXN Italy - - - - -
HBO Central Europe - - - - -
CineNova-Benelux - - - - -
Total Europe - - - - -
Latin America
SET Latin America - - - - -
AXN Latin America - - - - -
Animax Latin America - - - - -
### HBO Ole & HBO Brasil - - - - -
E! Network - - - - -
Latin America Ad Sales Operations - - - - -
Total Latin America - - - - -
Asia/Australia
SET India/Max/SAB/Pix - - - - -
AXN Asia/Korea - - - - -
Animax Asia - - - - -
Animax India - - - - -
AXN Japan - - - - -
Animax Japan - - - - -
Animax Korea* - - - - -
### HBO Asia/Cinemax - - - - -
### HBO India - - - - -
SPTL - Satellite Uplink Facility - - - - -
JBSC - - - - -
### PMP - Australia - - - - -
TV-1 Australia (incl. Sci-Fi) - - - - -
Total Asia/Australia - - - - -
SUB-TOTAL EXISTING NETWORKS - - - - -
NETWORKS HOME OFFICE MOBILE
FY08 LAUNCHED/ACQUIRED/COMMITTED
Animax Germany - - - - -
SET Singtel - - - - -
Animax Africa - - - - -
SET Africa - - - - -
AXN Beyond (Asia) - - - - -
SET Southeast Asia - - - - -
AXN Russia Sci Fi - - - - -
TOTAL FY08 LAUNCHED/ACQUIRED/COMMITTED - - - - -
FY09 Investment Opportunities
SET Turkey - - - - -
Animax Spain/Portugal - - - - -
SET Korea - - - - -
-
Total FY09 Investment Opportunities - - - - -
TOTAL NETWORK EBIT RESERVES - - - $- $-
FY 2014 BUDGET Presentation.xls 44 04/08/2015 16:29:39
SONY PICTURES TELEVISION INTERNATIONAL - NETWORKS
CASH - HO RESERVES/ADJUSTMENTSFY 2010 BUDGET
(USD IN THOUSANDS)
FY09 FY10
NET OF MINORITY INTERESTBudget Q3 FCST Q4 FCST 2008 MRP Budget
Europe
SET Spain - - - -
AXN Spain/Portugal - - - -
AXN Israel - - - -
AXN Central Europe/Diginets - - - -
Animax Central Europe - - - -
AXN Germany - - - -
AXN Italy - - - -
HBO Central Europe - - - -
CineNova-Benelux - - - -
Total Europe - - - - -
Latin America
SET Latin America - - - -
AXN Latin America - - - -
Animax Latin America - - - -
### HBO Ole & HBO Brasil - - - -
E! Network - - - -
Latin America Ad Sales Operations - - - -
Total Latin America - - - - -
Asia/Australia
SET India/Max/SAB/Pix - - - -
AXN Asia/Korea - - - -
Animax Asia - - - -
Animax India - - - -
AXN Japan - - - -
Animax Japan - - - -
Animax Korea* - - - -
### HBO Asia/Cinemax - - - -
### HBO India - - - -
SPTL - Satellite Uplink Facility - - - -
JBSC - - - -
### PMP - Australia - - - -
TV-1 Australia (incl. Sci-Fi) - - - -
Total Asia/Australia - - - - -
SUB-TOTAL EXISTING NETWORKS - - - - -
NETWORKS HOME OFFICE MOBILE
FY08 LAUNCHED/ACQUIRED/COMMITTED
Animax Germany - - - -
SET Singtel - - - -
Animax Africa - - - -
SET Africa - - - -
AXN Beyond (Asia) - - - -
SET Southeast Asia - - - -
AXN Russia Sci Fi - - - -
TOTAL FY08 LAUNCHED/ACQUIRED/COMMITTED - - - - -
FY09 Investment Opportunities
SET Turkey - - - -
Animax Spain/Portugal - - - -
SET Korea - - - -
Total FY09 Investment Opportunities - - - - -
TOTAL NETWORK CASH RESERVES - - - $- $-