Euromedia Mena Special mena edition | Page 8

focus MENA broadcasting S atellite delivery remains the dominant transmission model over the Middle East, and while cable/IP supply is growing in importance, it is still Direct-To- Home (DTH) free-to-air transmission that provides the absolute backbone for channels and programming. But there are problems, some of which are major. For example, satellite revenues from broadcasters are falling. Nilesat, a long-established channel supplier, suffered a thumping 20.45% fall in profits last year. Nilesat registered a net profit of $42.53 million for 2019. This is dramatically down on the previous year’s (2018) numbers when it reported $53.46 million. Revenues last year tumbled to $130.71 million (down 9.9%) compared to $145.12 million in the previous year. The good news is that Nilesat has contracted with SpaceX to launch its Nilesat-301 craft in 2022. The contract means that the new satellite will sit alongside the operator’s existing Nilesat 201 craft at 7 degrees West. The launch contract was signed in Cairo on January 21st. Thales-Alenia Space is building the new satellite. COMPETITION. Having this extra capacity on station sounds like good news, but it also means greater competition between the region’s ‘big three’ operators (Arabsat, Eutelsat and Nilesat). A recent report from investment bank Exane/BNPP said that there’s a very real threat to Eutelsat’s revenues with a couple of challenges. First, the availability of improved compression/modulation ratios for existing broadcasters. The second is broadcasters switching to HD – which is good news for viewers – and the closing down of the broadcaster’s Standard Definition signals. Indeed, these threats apply to all satellite operators. The bank said: “In 2017, Eutelsat HotBird volume trends were impacted by the ‘purge’ [of channels from Hot Bird’]. In 2018, OTT will match pay- TV soon in the Middle East, but piracy remains a problem, notes Chris Forrester in his annual examination of the state of the market. the satellite reverted to good growth driven by the take up of HD channels but trends have returned into negative territory in H2/19 and remain challenging in January 2020.” Eutelsat’s 7/8 degrees West slot (which it operates alongside Nilesat) represents 24% of the operator’s total Video Broadcast revenues (HotBird is 36%). Overall, for the complete Eutelsat fleet, the bank’s report suggests that its current (February 2020) 7,092 channels on air will shrink to 5,902 by 2029. This is a 17% fall-off in channels. But add in digital compression and a switch to DVBS2 modulation and this results in a 25% decline if Mb/s consumed are the measure. CHANGE. In fact, Arabsat’s president and CEO Khalid Balkheyour says that the MENA broadcasting market is far from healthy. “Currently the market is undergoing many multiple forces. The pay-TV broadcasters are almost driven out of business with subscribers opting to alternative OTT services given the falling cost of connectivity, improved broadband speeds and desirable content. These factors are driving the subscription base with the OTT sector is forecast to overtake the pay-TV within the next two years.” “On the other hand, the FTA market still dominates with more than 90 per cent of MENA satellite TV market positioned for it,” says Balkheyour. “However, for the past four years, broadcaster’s ad revenues have been falling, which has negatively impacted broadcasters’ budgets and strained their finances. The falling revenues have led to a stagnant market where no sensible growth is foreseeable in the near future unless those ad revenues bounce back. Some forecasts suggest this could happen and would help drive the industry growth.” Balkheyour stresses that not all is doom “Localisation of channels plays a major part in shifting SD to HD” - Khalid Balkheyour, Arabsat 8 EUROMEDIA MENA Special and gloom. “These pressures have led to market segmentation and localisation of programming and it looks like broadcasters are refocusing their business strategy towards their native domestic market and not targeting the whole MENA region for viewers. Arabsat’s future expectation on the FTA market is that it will continue to be the largest segment in MENA broadcasting industry despite the current setbacks.” COMMITTED. “Year over year, Arabsat is committed to provide full spectrum of broadcasting services tailored to the broadcaster’s needs by understanding our customers’ markets dynamic and providing best fit solutions,” advises Balkheyour. “By working with our customers, we implemented a number of initiatives to help them refocus their business and gear up for growth in future. We have worked with a Lebanese consortium of channels to shift them exclusively to Arabsat. We have Sudanese broadcasters today exclusively on Arabsat and we are working towards building more partnerships in MENA to drive the market for growth.” For some years, there has been a trend towards the adoption by most leading broadcasters of HDTV. “The consumer TV and STB devices at home are more and more offering HD as standard, with the TV sets leading and STBs are not far behind. Our customers understand this and we are closely working together to drive HD and the number of channels by enabling their transition to HD from SD. However, this transition will have to be very carefully driven to ensure that all viewers across MENA are included and they will not miss their favourite programming on Arabsat. The localisation of channels plays a major part in shifting SD to HD transition, as well as the broadcaster’s financial capability, where cash needs to be optimally spent on content and operations to deliver the best TV experience to their viewers base,” Balkheyour agrees. Of course, the availability – and extra bandwidth needed for Ultra- HDTV would have provided a very