Nippon Television Holdings (9404) · RiskRestated
Rising Costs of Distribution Rights and Content Licenses
First written in FY2020. 1 of 2 entries say "Restated". Latest entry: FY2022.
2entries
3years
0from disclosures
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Digital Content Procurement and Minimum Guarantee Fee ExposureA theme 5 companies write about · 5 as a headwind · 1 as a tailwind
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- FY2022RestatedAnnual report
「Our group carefully selects content and purchases licences only after conducting cautious profit-and-loss simulations.」
It reconfirms the risk of rising distribution rights and content licensing costs, and the response through content selection, profit-and-loss simulations and multi-platform partnerships. - FY2020First statedAnnual report
「In the video streaming business, providing a wide range of content at low prices is a factor in customers choosing a service. As a result, content owners have gained greater negotiating power in recent years, and distribution rights and other licences have tended to become more expensive.」
In addition to sports broadcasting rights, it identifies the rising cost of distribution rights and licences required for video streaming, and the possibility of difficulty recovering invested capital, as new risks.