Zinc Media Group’s content creation areas all showing signs of growth (LON:ZIN)

Zinc Media Group plc (LON:ZIN) Chief Executive Officer Mark Browning caught up with DirectorsTalk for an exclusive interview to discuss what the company does, its typical clients, highlights from their recent trading update and what investors can expect in 2022.

Q1: First off, can you just tell us a little bit more about what Zinc Media does?

A1: So, it’s anchored in television production so about 80% of the group’s turnover at the moment is in television but that phrase slightly masks the reality that you can make television and it not go on a television and we make televisual content for a range of clients. A lot of them are in television so all of the UK main broadcast channels, all the PSB’s, BBC One, BBC Two, ITV, Channel 4, Channel 5 and a host of international partners and broadcasters in the US, particularly HBO, Smithsonian, PBS and lots of others and television for big brands and businesses like Red Bull or LEGO.

So, that’s the main part of our production company and we have a publishing business that also is a content making group so we wrap the whole of our narrative around us being a content creating company.

Q2: You’ve recently issued a trading update, can you just talk us through the highlights?

A2: We updated the market saying, as we had originally planned, that we will be profitable and cash generative in the second half of last year, obviously it was this time last year we were all lockdown again, so we are pleased with that performance in the second half of the year.

A lot of the opportunity with the company has been driven by the vastly improved performance at gross margin level, up almost 10 points from when I joined the company which means that we are now confident that when we win business, we win it both creatively well and commercially well. So, a lot of our success in the last 6 months has been driven by very good gross margin management and the return of a market that is desperate for content and storytelling, whether that be for TV channels or for brands and businesses.

Q3: Finally, can you just summarise what investors can expect from Zinc Media in 2022?

A3: They can expect growth and diversification of our business.

So, growth in commissions from our traditional heartlands of UK and international television buyers, diversification with new buyers in new markets outside of traditional TV companies so that might include SVOD and streamers and other platforms that are buying content.

It will include diversification into new markets and I’ll give you two illustrations in the last 6 months where we’ve worked with Red Bull and LEGO producing premium television content, it doesn’t arrive on a TV channel but goes straight to social media.

They can expect diversification into areas like podcasting and, very recently, in the last couple of weeks, we’ve announced our recommission of one of our podcast series for the Six Nations and we’re in production with Universal Music in podcasting. They can also expect further radio production and expansion of our branded content and publishing business.

So, all of our areas of content creation are all showing signs of growth.

Click to view all articles for the EPIC:
Or click to view the full company profile:
    Share on facebook
    Facebook
    Share on twitter
    Twitter
    Share on linkedin
    LinkedIn

    More articles like this

    Zinc Media strong FY22 results, with revenues at a 10-year high

    Zinc Media Group plc (LON:ZIN), the award-winning television, brand and audio production group, has announced its audited results for the year ended 31 December 2022. The Group is pleased to report excellent progress for FY22, including the following highlights: Financial

    Zinc Media Group win two year deal worth £7.3 million

    Zinc Media Group plc (LON:ZIN), the award-winning television, brand and audio production group, has announced that the Group has won its largest ever television commission in a two year deal worth £7.3 million. Channel 5 has commissioned Zinc’s popular factual television

    Zinc Media Group to be ahead of current market expectations

    Zinc Media Group plc (LON:ZIN), the award-winning television, brand and audio production group, has announced that the Group has performed very well since its previous trading update on 21 November 2022, delivering strong financial performance to the end of FY22 and starting the year in its strongest position

    Zinc Media expect to deliver revenue ahead of market expectations

    Zinc Media Group plc (LON:ZIN), the award-winning television, brand and audio production group, has announced a trading update alongside details of recent commissions for the current financial year ending 31 December 2022.  Financial highlights: ·      Revenue booked and anticipated

    Zinc Media Group raises £5 million in fundraise

    Zinc Media Group plc (LON:ZIN), has confirmed, further to the announcements made at 7.00 a.m. and 7.01 a.m. today, the successful completion of the Fundraise at the Issue Price of 100 pence per share. The Fundraise has conditionally

    No more posts to show