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Riding the Tiger Disruption and innovation in media Rolv Erik Ryssdal, CEO Schibsted Media Group Digital Winners, Oslo 8 November 2013
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Page 1: Digtial Winners 2013: Rolv erik ryssdal

Riding the Tiger Disruption and innovation in media

Rolv Erik Ryssdal, CEO Schibsted Media Group

Digital Winners, Oslo 8 November 2013

Page 2: Digtial Winners 2013: Rolv erik ryssdal

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Empowering people in their daily life

We aim to be the global number

1 in Online Classifieds

Seizing the digital growth

opportunity in core markets

Powerful brands and digital platforms

reaching ever more readers

Online Classifieds

Media Houses

New Online

Services

Customer

insights

Payment

services

Technology

platforms

Advanced

data analytics

Organization &

Competence

Our mission:

Page 3: Digtial Winners 2013: Rolv erik ryssdal

Disruption: The only constant we have seen in media for the last 15-20 years

Concert in 1990 Concert in 2010

Page 4: Digtial Winners 2013: Rolv erik ryssdal

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1998 Spun off FINN as a separate company

2000 VG Nett established as separate company

2008 Closed down print classifieds titles

in Spain, even if profitable

2010 VG Mobil established as separate company

1/1 2014 VG TV establishes as separate company

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We have a history of daring to disrupt ourselves

Page 5: Digtial Winners 2013: Rolv erik ryssdal

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Print readership decreases rapidly, but we are reaching more people than ever

Source: Forbruker & Media, TNS Gallup

Leading media house and advertiser’s choice

Reaching 55% of the Norwegian population

High quality offering in print, online, mobile and web-TV

#1-2 positions across all platforms

Focus on converting revenue

from print to digital

Example: VG daily weekday coverage

2013 1997

2.4m

1.4m

Page 6: Digtial Winners 2013: Rolv erik ryssdal

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Transforming print audience and revenue to online

Building world-class digital media

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Mobile and tablet Web TV Innovative reader involvement Digital subscriptions

Page 7: Digtial Winners 2013: Rolv erik ryssdal

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NIGHT MORNING LUNCH AFTERNOON EVENING

MO

BIL

E P

AG

EV

IEW

S

7

06.00

06.30

07.00

Traffic to VG Mobil ´jumps´ every 30 min in the morning as alarms go off

Page 8: Digtial Winners 2013: Rolv erik ryssdal

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Transforming print audience and revenue to online

Building world-class digital media

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Mobile and tablet Web TV Innovative reader involvement Digital subscriptions

Newsclips

Acquired entertainment

Talk shows

Crime shows

Page 9: Digtial Winners 2013: Rolv erik ryssdal

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Transforming print audience and revenue to online

Building world-class digital media

9

Mobile and tablet Web TV Innovative reader involvement Digital subscriptions

Page 10: Digtial Winners 2013: Rolv erik ryssdal

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Transforming print audience and revenue to online

Building world-class digital media

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Mobile and tablet Web TV Innovative reader involvement Digital subscriptions

Page 11: Digtial Winners 2013: Rolv erik ryssdal

Mobile growth in both mature and emerging markets

From: FINN.no in year 2000

To: FINN going «Mobile First» in 2012

Mobile share week 37 2012: 19 %

Mobile share week 41 2013: 41 %

Page 12: Digtial Winners 2013: Rolv erik ryssdal

Strong mobile growth is driving total traffic

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Pageviews - Mobile vs. Desktop

Total (403 M)

Mobile (218 M)

Desktop (172 M)

Page 13: Digtial Winners 2013: Rolv erik ryssdal

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Exciting partnership with Telenor!

One of the global leaders in Online

classifieds

Reaching around 100 million people

Early mover with 15 years of

experience

Roll out strategy based on proven

concepts and insights from key

European markets

One of the leading global telecom

providers

150 million mobile customers

Large player in emerging markets

Deep insight into mobile Internet

technology and usage

Long term industrial partner with

solid financial capacity

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Joint Ventures in South America and Asia, strong mobile focus:

+

Page 14: Digtial Winners 2013: Rolv erik ryssdal

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“The Internet is transforming almost

every element of the news

business”

“We will need to invent, which

means we will need to experiment.

Our touchstone will be readers,

understanding what they care

about” From Jeff Bezos´ Letter to Washington Post Employees

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Digital Transformation:

Completely new skills sets needed

Jeff Bezos Founder and CEO of Amazon.com

Owner of Washington Post

Page 15: Digtial Winners 2013: Rolv erik ryssdal

Global recruiting of new competence

Pricing Churn modelling Conversion Segmentation

Shared

technological

platforms

15

Page 16: Digtial Winners 2013: Rolv erik ryssdal

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“New Business Innovation”

OMNI

Strengthening a culture of constant innovation:

“Core Business Innovation”

OMNI

Page 17: Digtial Winners 2013: Rolv erik ryssdal

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