The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Annick Tonie Maas - Exane BNP Paribas, Research Division - Analyst
: My first questions are regarding ParshipMeet. Following the successful listing of Bumble, I was wondering what are your thoughts on the location
of the potential listing of ParshipMeet?
And then my second question with regards to ParshipMeet is, do you view this Bumble app here as maybe an intention for you to bring your IPO
forward?
Then I have another question on Flaconi. There are rumors that this is going to be up for sale soon. Maybe you could give us an indication of a time
line and where these proceeds could be used.
And then the last one, just on advertising. If you could comment around what advertisers are saying for advertising around Easter at the moment.
Question: Sarah Simon - Joh. Berenberg, Gossler & Co. KG, Research Division - Analyst
: I've also got 3 questions. First one was on Studio71. If we look at the pack in the appendix that you've given the growth in video views, I'm just
wondering why you think the growth was so slow, particularly in Q4. Because this is a super dynamic business, but it doesn't seem to be growing
that fast. I wonder if there was anything specific you can point to.
Secondly, just back to advertising. Obviously, you've got a structure in Germany which is a bit different from some other markets. Can you talk
about what proportion of commitments actually got spent last year, and what the commitments for 2021 look like versus the commitments for
2020? Because I get that you obviously have volatility between the quarters, but advertisers have made a kind of indication. So is the indication
they've given you consistent with the minus 2% end of the market or the plus 4%?
And then the final question was on ParshipMeet. You talked about the video software and the white labeling strategy, and Match has bought
something which looks a bit similar to that. So I'm just wondering whether that would have any implications for you because I think you sell that
to Match now. So if you can just comment on that, that would be helpful.
Question: Sarah Simon - Joh. Berenberg, Gossler & Co. KG, Research Division - Analyst
: Yes, I get all that. And it obviously makes sense to keep expectations low. But can you give us an idea for -- because you have the advantage versus
some other broadcasters of commitments which are made annually. So can you give us an idea whether the commitments are more bullish than
the plus 4%, and you're thinking, well, I'll just stay on the safe side? Or are they less bullish in the plus 4%?
|
