Full Year 2024 Seven West Media Ltd Earnings Call Transcript

Aug 13, 2024 / 11:00PM GMT
Jeff Howard - Seven West Media Ltd - Chief Executive Officer, Chief Financial Officer, Managing Director

Thank you, and good morning, everyone, and welcome to Seven West Media's results for the 2024 financial year. I'm Jeff Howard, Managing Director and Chief Executive Officer of Seven West Media. Joining me this morning is Chief Financial Officer, Craig Haskins.

I'd like to start by acknowledging the Gadigal people of the Eora Nation as traditional custodians of the country we are meeting on today. We pay our respects to elders past and present and extend that respect to all First Nations people present today.

There is no doubt that FY24 was a tough year for Seven West Media and probably many in the sector. Today, we'll take you through our results, our strategy, and then provide you with a trading update. After the presentation, we'll take questions from investors and analysts.

Across FY24, our content strategy drove audience growth in both linear TV and digital and helped underpin a total TV market revenue share of 40.2%, up 1.7 percentage points on the prior year. We saw a

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