AVTN & NewsNet247 (Investment Deck - generic)

AVTN © NewsNet247©

Presented by:

Phillip CovellFounder & CEO

[email protected] +44 (0) 7881 828 355

Kinny ChengFounder & [email protected]

Investment DeckRepresented by LEQ Ltd • 37 Warren Street, London W1T 6AD • Company No. 4110602

LondonNew York Singapore

2

Building a Media Group The Launch Vehicle for a New Global TV Network and Digital Media Group

NewsNet247

A World News Channel utilisingPlanned Network Infrastructure

The NetworkSpecialising in under-served and under-exploited markets with exceptional global Demographics

Future markets: • Transport • Oil, Gas & Energy • Maritime, Shipping & Yachting • Entertainment & Technology

Full detailed Proposal and AccountsAvailable by arrangement

AVTN AviationTelevision News

3

AVTNAviationTelevision News NewsNet247


Business, Passengerand Consumer News

covering everyAspect of Aviation

Business andConsumer News forthe Global Citizen

4



In your home, officeor on-the-move

via… SatelliteCableIPTVApp

24 hours a day365 days a year

The Premier Source of Breaking…

AirlineAviation

AerospaceTechnologyTravel News

Serving…BusinessInvestor

PassengerConsumer

The Premier Source of Breaking…International

BusinessTechnology

PoliticalConsumer News

Serving…BusinessInvestor

ConsumerGlobal Citizen

5



The NewsAviation Insight forthe World

The IndustryReviewed

World News &Stock Market Updates

The Latest in Consumer Travel, and Passenger, Experience

The NewsA Global

Perspective

Business andIndustry Reviewed

World News &Stock Market Updates

The Latest inConsumer Experience

Global TV Access by Satellite, Cable, IPTV

and Device

4K UHD, HD,Adaptive Streaming

Global IP Radio

Business & Financial Data

Multi-Lingual Delivery

Services

6


3.2 billion Passengersand Industry Stakeholders

(up 3.2% on theprevious year)1

1,000 4K UHD Channels serving 140 million homes projected by 2025 over the top of HD services3

World TV Audience4• North America (38%) • Europe (31%) • Asia-Pacific (21%) • Latin America (8%) • Middle East & Africa (2%)

The World Television marketis estimated to be worth in

excess of £298 billion, growing to £365 billion by 20182

With a Target Reach of349.6 million viewers, the

Network proposes the following Target Audiences:

• Satellite, Cable & IPTV(1% or 3,496,410)

• IP Radio & Online(0.3% or 1,048,925)

(1% of Aviation Demographic = 32 million)

LondonNew York SingaporeSources: ICAO (1); iDate (2,4); Televisual (3)

7

Japanese

German

Portuguese

Arabic

French

Spanish

Hindi

Chinese

English

(Millions of People)0 300 600 900 1,200 1,500

1,125

118

190

90

263

94

17

70

1

375

982

460

330

75

206

216

105

127

First Language Second Language

Language Statistics

17

1

Source: Statista

(Network Multi-lingual Capabilities)

8



TheNetwork Market

Breaking News for the

Global Citizen

Investigative Reporting,

Political Analysis and Global Perspective

Consumer Trends,

Technology, Utility, and Service

StoriesConsumer

Drivers: Price, Value,

Quality, Service,The Ease of

Doing Business

World Events and Human

Interest Stories

The Best of World Sport

News: 24/7,

365-days-a-year, Accessible Anywhere

TheAVTNMarket

People want an Integrated Travel

Experience

Passengers& Consumers

own their Travel Experience, want

to be better informed

Aerospaceis pushing Humanity’s

frontiers

Aviation is making the

world smaller

The World wants to know more about Aviation

Businesses & Investorswant more Analysis &

Data

Airlines & Manufacturerswant to know

what people want from their Travel

Experience

9

Aviation Media: The Problem

Airlines&

AirportsManufacturers Regulators Politics DefenceEnvironment

AviationMedia TV Radio Newspaper &

Print MediaSocialMedia

NewsAgencies

disconnect BusinessAudience

ConsumerAudience

10

The Connected Business and Consumer Audience

Experience

The Solution

AVTNSocial Media

AVTNTV

AVTNIP Radio

Sources of news and information

Aviation News

Aviation Weather

Airline News

Financial News

News Agencies Consumer News Interest Stories

Airport News

Travel News

Investigative Reporting

AVTNAviationTelevision News

11

Aviation is…

Travel (3.35 Billion)Space (2.41 Billion)Air Safety

Air Food 1.5 Billioneach

Travel ExperienceAir Travel 1.04–1.15 Billioneach

TourismAirportSatelliteFlight(s) 747–940 Millioneach

JetAirport WeatherFlight NewsAirport SecurityAir ForceAirlines 315–585 Millioneach

Passenger SecurityAir Force OneAircraft(International) AviationImmigrationLight AircraftAirport ConstructionAircraft PartsTop 10 Award Winning AirlinesAirport Regulation 202–281 Millioneach

Airlines of the WorldIn Flight Wi-FiAirport Social MediaPassengersFirst Class TravelAircraft ComponentsAircraft CompetitionAircraft Parts and SupportAirlines SecurityTop 10 AirlinesAirline Policy 114–177 Millioneach

Aerospace ManufacturingAirline SafetyAirline RoutesATCAerospace CompaniesEuropean AirspaceAerospace JobsCivil AviationPilot SuicideAirport TerrorismAirport ContractorsIATAAstronautFAAAirport ConsumersAirport Theft 41–88 Millioneach

Airport CEOPilotsAerospaceAirport ChairmanFlying AnimalsWorld’s 20 Biggest AirlinesFirst Celebrity in SpaceAirport PoliticsAviation GrowthAirport ExpansionAviation Jobs 90–109 Millioneach

Charter FlightAirline Engineering

Celebrities Who FlyExplosion at Airport

Airline RegulationAeronautics

Freight AircraftImmigration Services

Air CargoAirline Chairman

UAVAerospace and Defence

Airline CaterersICAO

Airline AllianceAirline Hub

Airline SlotsMilitary Aircraft

Airbus vs BoeingAvionics

Flight ServicesAerospace Industry

Pax ExAircraft Maintenance

Aerospace CompositesBusiness JetAviation CO2

Flying ManAir Crash

< 40 Million eachGoogleSearch Results*

Searches performed in London and Singapore on 04 April 2016*

12

News 10.45 Billion

News Media 4.7 Billion

Live NewsWorld NewsTravel News 3.29–3.6 Billioneach

UK NewsTV News 2.78 Billioneach

Education NewsHealth NewsLocal NewsInternational NewsSports NewsTechnology News 2.29–2.69 BillioneachFinancial News

Music NewsUS News 2 Billioneach

Animal NewsArts NewsEnvironment NewsEntertainment NewsMoney NewsPresident NewsSpace NewsWeather News 1.09–1.44 Billioneach

The Worldof News

Asia NewsCrazy NewsFashion NewsMilitary NewsNews in PicturesRegional NewsPolitical NewsShares NewsTransport News 630–989 Millioneach

Celebrity NewsFunny News 559–569 Millioneach

Bank of China NewsBreaking NewsDefence NewsImmigration NewsStocks News 249–284 Millioneach

Bank of England NewsBank of Japan NewsCIA NewsCricket NewsForeign Language NewsFarming NewsOlympic NewsSenate NewsStocks News 138–159 Millioneach

GoogleSearch Results*

Searches performed in London and Singapore on 14 January 2016*

13

AVTN AviationTelevision News NewsNet247


Where in the World is the News?

America: 1.23 Billion

SIN

LDN

NYC

Note: Each figure is derived from the respective Google search results (performed on 02 April 2016)

North America: 263 Million

South America: 127 Million

Antarctica: 84.2 Million

Europe: 1.21 Billion

EU: 264 Million

Russia: 447 Million

Africa: 849 Million

Middle East: 580 Million

Middle East North Africa: 62.3 Million

Asia: 38.9 MillionNorth Asia: 72.2 Million

South Asia: 83.3 MillionSouth East Asia: 125 Million

Australasia: 7.78 Million

Asia Pacific: 344 Million

APAC: 7.78 MillionOceania: 24 Million

(Regional Definition)

14LondonNew York Singapore

The Top 100 Manufacturers: 5600+ Press Releases per year; 15+ per day;21 per weekday

Maintenance &Service Suppliers

4100+ Route &Aircraft Changes Announced per year

Approximately 615 Commercial Airlines

160 Aviation Regulatory Bodies

Worldwide

AVTN

Sources for

Defence &Political Statements

9000+ IATA coded Airports & Airfields

Financial, Marketand Global Interest

Stories


15



News Topics

Business

ConsumerExperience

CorporationsGovernment/

PoliticalActivity

Heritage & Museums

IndustryEvents

Defence

Economy

Environment

Market News& Analyses

Mergers & Acquisitions

InterestStories

International Events

Management Areas

Research & Development

Sales & Procurement

SMEs toPLCs

PressReleases

Regulation

Workforce & Trade Unions

WorldSport

WorldWeather

Travel

Technology

Airlines

Passengers(Pax)

Airports

Variation of Flight Routes

Aviation Weather

MRO

16

Network Audience Information

Male

58% 41% 15%

21%43%

47% 72%

21%

19%

Female Adults (18–24)

Adults (25–34)

Adults (35-54)

Adults (over 54)

Graduate Own Home

Rent Home

The Average News Audience

The Who andthe Why

C-Suite, O

wner, P

artne

r

Corpora

te Infl

uenc

er or

Decisio

n Make

r

Busine

ss Dec

ision M

akers

Global L

eisure

Trave

l in th

e last

year

Active In

terest

in New

s

22% 29%35%

61%61%

Average of UK and US Data across multiple outlets

17



Service Providers

Airlines

Airports & Airfields

Aviation Enthusiasts

Investment CommunitySuppliers

Trade Organisations

Community Groups

Private & Commercial

Pilots

Corporate Management

Regulators

Manufacturers

Market Analysts

Defence

Educators& Students

Political ActivistsPoliticiansConsumers

Passengers& Travellers

Defence Personnel

Governments

Industry Professionals

SMEs toPLCs

Lobbyists

Business Aviation

Aerospace Corporations

Employees

Unions

Industry Organisations

Financial Institutions

Network Audience

Premium BrandAdvertising Drivers

EnthusiastsDrivers

• Airline and Airport Service News • The Integrated Travel

Experience • Comfort • Services and Solutions • Safety and Security • The Consumer Driven Market • Airline and Manufacturer

Transparency

Passenger & Consumer Drivers

• Programming quality as a driver to audience volume

• Ability to interest, engage and retain the audience

• Reliability of news, data and information

Key Audience Engagement & Advertiser Drivers

Relevant and quality analyses of… • Business News • Financial and Industry Data • Shareholding and Market Movements

Business & Investor Interest Drivers

Audience Engagement

and Advertisers

18

• Everything to do with Aviation, Aerospace, Airlines, Space and Travel

• High Octane Segments and Coverage

• All sexes; single or family unit;from ages 3 through 90+

• Consistent delivery of an engaged demographic

• Aspiration to own, use or consume products and services

• AVTN’s prime age demographic is25–54, with higher-than-average earnings


Premium BrandAdvertising Drivers

TheGlobal Citizen

• Concise and succinct news reporting

• Adaptive and cohesive programming, adhering to selected demographic and psychographic groups

• In-depth, investigative reporting on relevant issues and a variety of subjects

• Appeal to all: kids, teenagers, adults, and seniors

• ‘Human Element’ in reporting

PsychometricDrivers

• Programming quality as a driver to audience volume

• Ability to interest, engage and retain the audience

• Reliability of news, data and information

Key Audience Engagement & Advertiser Drivers

Relevant and quality analyses of… • Business News • Financial and Industry Data • Shareholding and Market Movements

Business & Investor Interest Drivers

19

• Overview and review of significant and cultural events, special interests and sports

• App creates opportunity for continual, uninterrupted presence with access and engagement — anywhere, anytime

• Key news, weather and breaking content immediately available via app or virtual ticker

• Consistent delivery of an engaged demographic

• Aspiration to own, use or consume products and services

• NewsNet247’s prime age demographic is 25–54, with higher-than-average earnings

Audience Engagement

and Advertisers

NewsNet247

20

Airlin

e Pi

lots

Priva

te &

Co

mm

ercia

l Pilo

ts

90%

of

Tech

nician

s

75%

of

Tech

nician

s

Aver

age

Tech

nician

25%

of

Tech

nician

s

10%

of

Tech

nician

s

$34,770$46,720

$58,370

$72,990

$89,050$83,596

$117,478

Airlin

e Tr

ansp

ort

Pilo

ts

Com

mer

cial

Pilo

ts

Priva

te

Pilo

ts

Recr

eatio

nal

Pilo

ts

Spor

t Pilo

ts

Stud

ent P

ilots

(A

C)

Stud

ent P

ilots

(B

alloo

n/G

lider

)

31.554.747.848.344.849.9

1416171717172323

17 17 17 17 16 14

46.17

Minimum Age

Average Age

OverallAverage Age

US Pilots & Technicians PayUS Pilots (US$)

Inter-US Travellers — Household Median Income

$52,800US Population

Average

$62,500Leisure

Travellers

$87,500Business Travellers

65.7%

18.4% Earnings differential (compared to US Population Average)

40%

Sour

ce: U

S Bu

reau

of L

abor

Sta

tistic

s

Sour

ce: F

AA &

GAM

A No

tebo

ok

Aviation Statistics(US based)

8% (18–24)

21

AverageAge of UKBusiness Travellers

20.3% (25–34)

27.4% (35–44)

28.8% (45–54)

10.8% (55–59)

0.8% (16–19) 4.7%

(20–24)

4.7% (60–64)

2.2% (65–74)

0.3% (75+)

AverageAge of UK

Leisure Travellers

9.8% (20–24)

17.9% (25–34)

13.9% (35–44)

17.1% (45–54)

10% (55–59)

9.5% (60–64)

12.1% (65–74)

3.5% (16–19)

3.5% (75+)

1.3% (11–15)

1.3% (0–10)

Aviation Statistics(Demography of Travellers)

Compiled via Data extracted from the CAA UK Passenger Report

AverageAge of US

LeisureTravellers

20% (25–34)

17% (35–44)

19% (45–54)

18% (55–64)

18% (65+)

4% (18–24)

AverageAge of USBusiness Travellers

19% (25–34)

24% (35–44)

26% (45–54)

20% (55–64)

7% (65+)

22

40m+ Followers @ 64% growth (over 11 months)60% YoY average growth

220+ Major Airline Accounts139m+ Likes @ 73% growth (over 11 months)93% YoY average growth

190+ Major Airline Accounts

Airline Twitter Followers % change

KLM 2,020,000 25.49%AirAsia 1,940,000 40.58%

JetBlue 1,990,000 4.19%Southwest Airlines 1,950,000 7.14%Indonesia AirAsia 1,860,000 78.85%Cebu Pacific Air 1,470,000 59.26%Volaris 1,400,000 72.20%Phillipine Airlines 1,330,000 53.23%Aeroméxico 1,260,000 70.27%

American Airlines 1,250,000 17.92%Turkish Airlines 1,100,000 70.28%Delta Air Lines 1,090,000 18.61%TAM Airlines 987,000 24.94%Malaysia Airlines 960,000 27.66%British Airways 816,000 29.52%United Airlines 766,000 22.76%

Virgin America 749,000 12.80%Qatar Airways 725,000 46.76%

Avianca 677,000 36.77%Saudi Arabian Airlines 660,000 21.55%

Airline Facebook Likes % change

Qatar Airways 10,941,373 18.26%KLM 10,041,690 10.18%

Turkish Airlines 7,996,451 29.60%Air France (France) 5,518,632 8.93%Emirates Airline 5,508,153 27.36%LAN Airlines 5,372,200 30.13%Southwest Airlines 4,894,882 5.84%TAM Airlines 3,218,061 16.53%AirAsia 3,207,774 8.55%

Saudi Arabia Airlines 2,809,563 36.69%Gol 2,682,353 — Jet Airways 2,609,058 43.47%Cebu Pacific Air 2,488,039 25.17%British Airways 2,205,182 25.26%Singapore Airlines 2,188,305 32.81%American Airlines 1,978,073 7.19%

Lufthansa (Germany) 1,951,830 5.93%Volaris 1,935,112 —

Avianca 1,869,234 17.77%Etihad Airways 1,819,291 36.42%

Top 20charts!

Aviation Statistics(Social Media)

Statistics updated on 04 February 2016

23

Aviation Statistics(World’s Busiest Airports by Traffic)

35,000,000

48,400,000

61,800,000

75,200,000

88,600,000

102,000,000

Bangk

ok (B

KK)

Denver

(DEN)

Jakart

a (CGK)

Guang

zhou (

CAN)

Singap

ore (S

IN)

New Yo

rk (JF

K)

Amsterda

m (AMS)

Shang

hai (P

VG)

Frank

furt (F

RA)

Istanb

ul (IST)

Dallas (D

FW)

Paris (C

DG)

Hong K

ong (

HKG)

Los A

ngele

s (LAX)

Lond

on (L

HR)

Tokyo

(HND)

Chicag

o (ORD)

Dubai (

DXB)

Beijing

(PEK)

Atlanta

(ATL)

2015 (Preliminary) 2014 2013 2012 2011Passenger Traffic Volume

Source: Airports Council International

World’s Top 20 Airports (ranked by Annual Passenger Traffic Volume in 2015)

24

Aviation Statistics(Industry Outlooks)

Passenger Traffic Growth Forecast

(over 20 years)⇡4.7%

⇡4.4%

17,739(2012)

36,556(2032)

6.7billion

Freight Traffic Growth Forecast

(over 20 years)

World Fleet(Present)

World Fleet(Projected)

Passengers Forecast (by 2032)

Growth for New Planes (Accounting for Growth and

Retirement)

⇡4.2%

Predicted Airline Traffic Growth

(to 2033)

$5.2trillion

⇡5%

⇡4.7%

in S

ervic

e*Ai

rpla

nes

2013 20,910airplanes

2033 42,180airplanes

25,680Single Aisle

(69.8%)

8,600Widebody

(23.4%)

36,770Demand for New Aircraft(2013–2033)

Traffic Share‡

by 2032

Asia-Pacific 34%

European 22%

North America 18%

Middle East

12%

Latin America 7%

Africa 3%

CIS 4%

21,600(2014)

42,180(2033)

* Boeing Market Outlook(2013–2033)

Airbus Market Outlook ‡(2012–2032)

$39b

$91b

$137b 3,400⇡2.4%

2,500⇡9.6%

3,100⇡3.8%

$267 billion Large category aircraft to

represent half of overall revenue ($137 billion)

9,000 deliveries North America, Europe, China and Latin America will be the largest business aircraft markets during this period

Bombardier Business Aircraft Outlook(2015–2024)

% indicates forecasted CAGRLight category Medium category Large category

Light: $9–20m typical; cabin vol. 300–700ft³; range 2,000–3,000NM • Medium: $20–42m typical; cabin vol. 700–1,500ft³; range 3,100–5,000NM • Large: $50–72m typical; cabin vol. >1500ft³; range >5,000NM

25

Percentage value of World Trade Carried

by Aviation6

35%2.1m+

US Civilian and Commercial Aerospace/

Aviation Industry Employment*2

Aviation Statistics

$55,980 US Aerospace and Aviation Employee

Average Wage5 (2015)

310 Aerospace and

Defence Companies and their Divisions7

360k Aircraft in

General Aviation Worldwide3

3.2b Airlines

Passengers carried in

2014

Estimated1 ownership of shares worldwide is rising, and in excess of

328m

Sources: (1) COOP [Co-Operatives UK]; (2,3) GAMA; (4,6) ATAG; (5) US Bureau of Labor Statistics; (7) AIA; (8) Quoted from Fang Liu, Secretary General of ICAO, at ABACE2016; (*) The Commission on the Future of the United States Aerospace Industry

$22b Contribution by

Business Aviationto the EU8

58.1m Aviation

Employment in 20144

(Key Indicators)

26

Global Distribution of Billionaires

Latin America

54 ⇣52.6%

Africa 23

⇣58.9%

Middle East

37 ⇣43.9%

% indicates change from

2014

BIZHNWIs account

for approximately 1/3 of business

jet deliveries

>$1BMany business jets are sold to HNWIs with a net worth in excess of $1 billion⇡6%

$500–999M

HNWIs in the $500mto $999m band grewby 6% in each of the two years preceding

2014Bombardier Business Aircraft Market Forecast 2014–2023 & 2015–2024 • HNWI = High Net Worth Individual

An HNWI is often defined as someone with a net worth of$50 million or more

Asia Pacific

250 ⇡60.3%

China

251 ⇡10.6%

CIS

78 ⇣38.1%

Europe

446 ⇡28.5%

India

84 ⇡189.6%

North America

587 ⇡12%

Source: Forbes

27



Advertising andMarketingPotential Advertisers

Internal Sales & Marketing Team

Advertising Brokerages

Airlines

Airports

TV Radio

Other Media & Social Media

Trade & Consumer Magazines

Potential AdvertisersTravel Companies & Destinations

Premium Marques and Brands Petrochemical Companies

Consumer Products International Brands Investment Services

Car Manufacturers Financial Services Service Providers Energy & Utilities

Sport & Health Entertainment Food Outlets

Technology Airlines Hotels Banks

Travel Companies & Destinations Premium Marques and Brands Petrochemical Companies Business Jet Charters International Airports Investment Services Financial Institutions Aviation Companies Manufacturers Airlines Hotels Banks

28



Network Satellite Distribution& Programming Schedule

A Asia Pacific

B

C

D

E

F

Asia

Middle East & Africa

Europe

North America

South America

C

A

B

DE

F SINGAPORE

LONDON

NEW YORK

2200~0600GMT

0600~1400GMT

1400~2200GMT

29


Phillip CovellFounder & CEO

Kinny ChengFounder & CoT

Non-Executive Chairman Chief Executive Officer Chief Financial Officer Chief Legal Counsel

Chief Regulatory Officer Chief of Technology

Chief Marketing & Sales Officer Chief Human Resource Officer

Chief of Operations & Bureau Chief (USA) Chief of Operations & Bureau Chief (SG)

Editor-in-Chief (Editorial Content) Channels Controller (Broadcast Content) Additional Non-Executive Director(s) Accounts & Management Support

The Driving Force

Senior Staff

30


Business & PoliticalUAV & Defence

Commercial AviationGeneral AviationPAX Experience

PropulsionAvionics & Technology

Pilots & PersonnelSafety & RegulationAerospace & MRO

Asia-PacificMiddle East & Africa

EnvironmentalAviation Meteorologists

Editor / Host

BusinessPoliticalChief CorrespondentInternational AffairsAsia-PacificEuropeMiddle East & AfricaNorth AmericaSouth AmericaIndustryAgriculture & HorticultureEnvironmentalFashionSportsMeteorologists

Art & Graphics EditorArt & Graphics Designers

SeniorEditorial Roles

Editorial Roles(as appropriate by region)

Channel News DirectorNews Assignment Desk ChiefDigital Editor

Editor-in-ChiefNews Operations Director

Channel News DirectorNews Assignment Desk Chief

Digital Editor

General Correspondents (TV & Radio)AnalystsJunior Journalists (TV & Radio)

General Correspondents (TV & Radio)Analysts

Junior Journalists (TV & Radio)

31


Production Roles(as appropriate by region)

Technical Team(as appropriate by region)

I.T. Team(as appropriate by region)

Executive ProducersProducers

Associate ProducersTechnical Directors

Radio Producers/DirectorsFloor Managers

Camera & Studio Operations Co-ordinatorsVideo Editors

Video EngineersVideo Engineers (Assistant)

Camera SupervisorsVTR/Graphics Operators

Audio EngineersAudio Engineers (Assistant)

Make-Up & Hairstylists Camera Crews will be outsourced as freelancers

or via National, Regional and Global Agencies

I.T. and Web Support StaffWeb Development Team

32



Network ScheduleT-11

monthsT-10

monthsT-9

monthsT-8

monthsT-7

monthsT-6

monthsT-5

monthsT-4

monthsT-3

monthsT-2

monthsT-1

month Launch!

MilestonesProject Green Light ◉Key OrdersLicensingLaunch Event ◉PremisesTemporary OfficesReal Estate SearchConstruction of Working SpacesFurnishings & FixturesNew Premises

StaffingRecruitmentSenior StaffSenior Editorial & Production Staff StartEditorial & Production Team StartGeneral Staff StartBroadcast & Aviation Training Courses

I.T., Comms & Broadcasting SystemsSystem Integration TeamSystems CablingInstallationSystems Testing

Production and TXPre-Production MeetingsPre-Launch Programmme ProductionTransmission RehearsalsSystem Transmission TestsTransmission!

CNBC

33

Network Competitors Network Newswires

AINonline Aviation Week

BBC World News

CNNFlightGlobal

Financial Times

FOX Business

SkyNews

WSJ

AFP

AP

Reuters

Bloomberg Television

34


Year HouseholdReach % Rating

MeasureAudienceFigures

% of Reach Channel & Source

1,000,000,000 100%2013 100% 1,000,000,000 RT (Global views via YouTube)2013 700,000,000 70% RT (Global views via Cable [unconfirmed])

500,000,000 50%2015 434,000,000 43% BBC News Ltd (Global TV)2015 386,000,000 39% CNBC (Global)TX1 349,641,000 35% Group Channel Global TV Reach Target

2015 33% 328,000,000 76% BBC News Ltd (All Global Services)2015 310,000,000 31% Bloomberg (Global)2015 200,000,000 20% CNN (Global)2015 11% 105,000,000 24% BBC News Ltd (Global TV)

100,000,000 10%10,000,000 1%

2016 0.44% P2+ 4,394,770 Total Estimated US Daily News AudienceTX1 0.35% vol. 3,496,410 1% Group Channel Global TV Audience Target

2016 0.30% vol. 3,003,000 0.69% BBC News UK [BARB]2016 0.19% vol. 1,854,000 Sky News UK [BARB]2016 0.12% P2+ 1,196,000 FXN US Cable [Nielsen]TX1 0.10% vol. 1,048,925 0.30% Group Channel Global Radio Targets

1,000,000 0.10%2016 0.05% P2+ 458,000 MSNBC (USA) [Nielsen]2016 0.04% P2+ 419,000 0.21% CNN (USA) [Nielsen]TX1 0.03% vol. 349,641 0.10% Group Channel Global +1 Targets

2016 0.03% P2+ 287,000 HLN Cable [Nielsen]2016 0.02% P2+ 190,000 0.05% CNBC (USA)TX1 0.01% vol. 127,000 0.036% Group Channel US Cable TargetsTX1 0.01% vol. 126,300 0.036% Group Channel UK Satellite Targets

100,000 0.01%TX1 0.01% vol. 85,773 0.025% Group Channel US Satellite Targets

2016 0.01% P2+ 80,000 Fox BusinessTX1 0.01% vol. 73,425 0.021% Group Channel Global 4K TargetsTX1 0.01% vol. 51,000 0.015% Group Channel UK Cable Targets

Audience vs. Reach & Competitors

AchieveSustained Broadcast Transmission

The Nature of

Broadcast means

The Network

requires Substantial

Funding to be in

place in order

to…

Recruit Industry

Leading Talent

from Aviation,

Existing

Broadcasters and

News Media

The Network intends to appointChristy’s Media and Matchtech Recruitment to fill Senior Positions

AVTN requires

208–342 Employees

NewsNet247 requires

an additional

166–241 Employees

(subject to the appropriate

tiered funding option)

35




Tier #1 Tier #2 Tier #3

RegionHD AVTN

DigestUHD IPTV IP

RadioHD AVTN

DigestUHD IPTV IP

RadioHD AVTN

DigestUHD IPTV IP

Radio

Europe — Western ⃝ ⃝ ⃝ ⃝ ⃝ ⃝ − ⃝ ⃝ ⃝ ⃝ − − ⃝ ⃝

Europe — Central ⃝ ⃝ ⃝ ⃝ ⃝ − − − ⃝ ⃝ − − − ⃝ ⃝

Europe & Middle East ⃝ ⃝ ⃝ ⃝ ⃝ ⃝ − − ⃝ ⃝ − − − ⃝ ⃝

Africa ⃝ ⃝ ⃝ ⃝ ⃝ ⃝ − − ⃝ ⃝ − − − ⃝ ⃝

Asia — South ⃝ ⃝ ⃝ ⃝ ⃝ ⃝ − ⃝ ⃝ ⃝ − − − ⃝ ⃝

Asia — North-East ⃝ ⃝ ⃝ ⃝ ⃝ ⃝ − ⃝ ⃝ ⃝ − − − ⃝ ⃝

Oceania ⃝ ⃝ ⃝ ⃝ ⃝ ⃝ − ⃝ ⃝ ⃝ − − − ⃝ ⃝

America — North ⃝ ⃝ ⃝ ⃝ ⃝ ⃝ − ⃝ ⃝ ⃝ ⃝ − − ⃝ ⃝

America — South (1) ⃝ ⃝ ⃝ ⃝ ⃝ ⃝ − ⃝ ⃝ ⃝ − − − ⃝ ⃝

America — South (2) ⃝ ⃝ ⃝ ⃝ ⃝ ⃝ − − ⃝ ⃝ − − − ⃝ ⃝

America — South (3) ⃝ ⃝ ⃝ ⃝ ⃝ ⃝ − − ⃝ ⃝ − − − ⃝ ⃝

Volume 11 11 11 Global Global 10 0 6 Global Global 2 0 0 Global Global

Targets*

TV Reach by Household 349,641,000 329,418,000 201,320,000

TV Average‡ 3,414,000 2,742,000 1,567,000

TV Reach @ 1% 3,496,410 3,294,180 2,013,200IPTV @ 0.25% 874,000 823,000 503,000IP Radio @ 0.3% 1,048,000 988,000 603,000

Audience Targets based on Reach by Household (by end of TX1)Average of Audience between Weekday and Weekend Audiences‡

*

Service & ReachAVTNAviationTelevision News


Tier #1 Tier #2 Tier #3

RegionHD UHD IPTV IP

RadioHD UHD IPTV IP

RadioHD UHD IPTV IP

Radio

Europe — Western ⃝ ⃝ ⃝ ⃝ ⃝ ⃝ ⃝ ⃝ ⃝ − ⃝ ⃝

Europe — Central ⃝ − ⃝ ⃝ − − ⃝ ⃝ − − ⃝ ⃝

Europe & Middle East ⃝ ⃝ ⃝ ⃝ ⃝ − ⃝ ⃝ − − ⃝ ⃝

Africa ⃝ − ⃝ ⃝ ⃝ − ⃝ ⃝ − − ⃝ ⃝

Asia — South ⃝ ⃝ ⃝ ⃝ ⃝ ⃝ ⃝ ⃝ − − ⃝ ⃝

Asia — North-East ⃝ ⃝ ⃝ ⃝ ⃝ − ⃝ ⃝ − − ⃝ ⃝

Oceania ⃝ ⃝ ⃝ ⃝ ⃝ − ⃝ ⃝ − − ⃝ ⃝

America — North ⃝ ⃝ ⃝ ⃝ ⃝ ⃝ ⃝ ⃝ ⃝ − ⃝ ⃝

America — South (1) ⃝ − ⃝ ⃝ ⃝ − ⃝ ⃝ − − ⃝ ⃝

America — South (2) ⃝ − ⃝ ⃝ ⃝ − ⃝ ⃝ − − ⃝ ⃝

America — South (3) ⃝ − ⃝ ⃝ ⃝ − ⃝ ⃝ − − ⃝ ⃝

Volume 11 6 Global Global 10 3 Global Global 2 0 Global Global

Targets*

TV Reach by Household 349,641,000 329,418,000 201,320,000

TV Average‡ 3,142,000 2,742,000 1,567,000

TV Reach @ 1% 3,496,410 3,294,180 2,013,200IPTV @ 0.25% 874,000 823,000 503,000IP Radio @ 0.3% 1,048,000 988,000 603,000

Audience Targets based on Reach by Household (by end of TX1)Average of Audience between Weekday and Weekend Audiences‡

*

Service & ReachNewsNet247

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Infrastructure and PersonnelTier #1 Tier #2 Tier #3 Tier #1 Tier #2 Tier #3

Locations (sq. ft.)

24,000 38,000 30,000 London 12,000 25,000 20,000

20,000 — — New York 11,000 — —

20,000 — — Singapore 8,000 — —

Studios (per location)

2 2 2 Main Studio(60 x 60 sq. ft.) — — —

1 2 — PSC / Interview Studio(20 x 20 sq. ft.) — — 2

1 1 1 IP Radio Studio 1 1 1

Equipment

12 4 4 Edit Suites(four per location) 12 4 4

27 12 9 Studio Camera System(inclusive of Robot Pedestals & Prompting Systems) — — 3

3 2 1 Video Walls(40 x 9 ft.) 3 — 1

342 278 208 Personnel(Admin vs. Sales & Ops average 5% vs. 95%) 241 230 166

✓ ✓ ✓ Event Coverage — Farnborough, Paris, Dubai, Singapore(Multi-Camera O.B.‡, Location Studio & Marketing Pavilion) — — —

✓ ✓ ✓ Contact Centre(Voice, Chat, E-mail) — — —

Subject to staggered infrastructure spend in Construction (Year 1) and TX1 (Year 2), and financial targets for TX1 (Year 2) Outside Broadcast‡*

PRIMARY SECONDARY

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US 30-second Ad Rates Per 1,000 Audience (2015)

Measure $ CPT £ CPT Movement in 2014

10-Year Average

10-Year Increase

Average $ 23.58 £ 16.25 0.45% 3.40% 28.38%

Maximum $ 46.88 £ 32.32 3.64% 4.72% 38.12%

Minimum $ 14.96 £ 10.31 (4.59%) 2.08% 17.86%

Averages of Averages

Region Source of Estimate

$ CPT Average

£ CPT Average

US TVB $ 23.58 £ 16.25

UK Nielsen $ 21.71 £ 14.97

Eurozone ZintX $ 17.07 £ 11.77

Canada Tubemogul $ 8.00 £ 5.52

South Asia Tubemogul $ 6.39 £ 4.40

Africa Biznews $ 4.37 £ 3.01

Global (other markets) Non UK/US Average $ 10.11 £ 6.97

Global Average $ 13.03 £ 8.98

Cost per Thousand(CPT)

Values denoted by $ and £ are USD and GBP respectively

Values denoted by $ and £ are USD and GBP respectively

40



Financials

Subject to staggered infrastructure spend in Construction (Year 1) and TX1 (Year 2), and financial targets for TX1 (Year 2) Outside Broadcast‡*

PRIMARY SECONDARYTier #1 Tier #2 Tier #3 Tier #1 Tier #2 Tier #380.00 52.00 37.00 Budget Requirement 57.00 45.00 36.0010.00 10.00 10.00 Overdraft Requirement (contingency) 10.00 10.00 10.00(52.77) (30.13) (22.44) Construction Spend (Year 1 @ 10 months) (20.09) (15.75) (14.20)

Revenues160.50 130.61 94.24 Year 2 • TX1 145.56 129.06 94.24172.45 142.17 99.79 Year 3 • TX2 155.53 138.61 100.94186.02 153.38 108.78 Year 4 • TX3 167.50 149.28 107.47

EBITDA(49.25) (29.11) (21.64) Year 1 • Construction (19.44) (15.78) (13.96)60.91 53.03 42.82 Year 2 • TX1 39.23 44.44 34.1367.09 60.06 42.86 Year 3 • TX2 42.30 45.96 34.3172.15 63.53 42.92 Year 4 • TX3 49.19 49.54 35.17

EAITDA (before dividends, and after Ofcom Profit Based Licences)(52.77) (30.13) (22.44) Year 1 • Construction (20.09) (15.79) (14.20)27.10 22.33 24.79 Year 2 • TX1 21.59 30.12 21.3330.35 25.50 25.80 Year 3 • TX2 23.48 30.98 22.3734.02 27.36 27.01 Year 4 • TX3 28.44 33.53 23.63

Dividend (projection)— — — Year 1 • Construction — — —

8.13 9.57 7.43 Year 2 • TX1 6.47 9.03 6.399.10 10.93 7.74 Year 3 • TX2 7.04 9.29 6.7110.20 11.72 8.10 Year 4 • TX3 8.53 10.06 7.09

11.44% 20.66% 20.98% Average Return on Investment (dividend of 30%) 12.90% 21.03% 18.71%6.49% 6.49% 6.49% Audience Growth (projection — YoY post-TX1 targets) 6.49% 6.49% 6.49%7.66% 8.37% 7.45% Revenue Growth (projection — average YoY post-TX1 targets) 7.27% 7.55% 6.79%

All values in Millions of GBP unless otherwise stated

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20th Century Fox CorpAberdeen LLC

AdweekAgence France-Presse

Airbus GroupAirport World

Al JazeeraAltera Inc

AMI Digital LearningApple (EMEA)

ArqivaArrow Business Communications Ltd

Ashdown GroupAssociated Press

ATAGAviation International News

AvidBARB

BarclaysBarco Control Rooms GmbH

BBCBlackmagic Design

Blackstone Gates LtdBloomberg

Boeing Corp.BombardierBT Group

BUPA InternationaleBusiness Week

CRTCCanonCBS

CetsatChyronHego Group

Civil Aviation AuthorityCNBCCNN

Companies House

ComuxConnectys.com

Content Marketing InstituteCTV Broadcast

DeloitteDernard Media

Dieselec Thistle GeneratorsDTI (Department of Trade and Industry)

EmbrarerEricson

EVSEASA

Eye-Catching DesignFacebook

Federal Aviation AuthorityFCC

Financial TimesFindanoffice.co.uk

FlightGlobalFlight International

FOR.AForbes

France24Freesat

Future Travel Experience EuropeG4S Secure Solutions (UK) Ltd

GAMA (General Aviation Manufacturers Association)Getty Foundation

Globe CastGrass Valley — BeldenGreen Light Innovation

Hitachi Kokusai Electric Europe HMRC

HR MagazineIATA

IATSEICAO

Information Week

Project Thanks & Attributions

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SECSilver Levene

SISSky Group

Sony Europe LtdStateofthemedia.org

TelegenicTeleGeography.com

TelesatThe Commission on the Future of the

US Aerospace IndustryThe EconomistThe Guardian

The Levison ReportThe London Stock Exchange Group

The National ArchivesThe Wall Street Journal

TNP BroadcastTSL

TV Compliance LLPTVB

TVB EuropeTwitter

UK Business ForumsUK Power Institute of Engineering & Technology

Unpracticallaw.comUS Air Force Personnel CentreUS Bureau of Labour Statistics

Usnews.comVentricaVinten

Vitec VideocomVizrt

Wheatstone CorporationWorld Federation of Exchanges

Worldwide StructuresXE.com

Yahoo! Finance

Inland Revenue ServiceIntellectual Property Office

ITV GroupJVC Professional Broadcast

Keller and Heckman LLPKey Code MediaLeadline.co.uk

Legal RecruitmentLifesize

MasterclockMemery Crystal

MicrosoftminiCASTER

MSNBCNBC

News CorporationNielsenNyc.gov

OAK LeasingOctopus Newsroom

OfcomOnestopclick.com

Oxspring Ltd (Cisco)Panasonic EuropePaycheckcity.com

Payscale.comPinewood Shepperton Group plc

Poynter Prsformusic.comQuantcast.com

Quiss Technology plcRadiomation

Rankingthebrands.comRedberry Media Ltd

Reed Business PublishingRferl.org

Rhode-SchwarzSat-Comm Broadcast Ltd

Project Thanks & Attributions

AVTN & NewsNet247 (Investment Deck - generic)

Documents

Transcript of AVTN & NewsNet247 (Investment Deck - generic)