{
  "docId": "019de073-269f-76ef-b090-b9e5a8e44780",
  "docSlug": "e616dd418773d8ee4445e520d949211f",
  "documentTitle": "Hipgnosis Songs Fund | Results Presentation Deck | 16 slides",
  "authorId": "hipgnosis-songs-fund",
  "authorName": "Hipgnosis Songs Fund",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2022-07-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 10,
  "pageCount": 16,
  "prevPage": 9,
  "nextPage": 11,
  "slideType": "valuation_table",
  "function": "analyze_data",
  "density": "balanced",
  "nDataPoints": 12,
  "notes": "The data highlights a decline in revenue for newer catalogues (<10 years) and stability for older ones (>10 years).",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de073-269f-76ef-b090-b9e5a8e44780/10",
  "deckHref": "/decks/019de073-269f-76ef-b090-b9e5a8e44780",
  "deckJsonHref": "/decks/019de073-269f-76ef-b090-b9e5a8e44780.json",
  "deckAnchorHref": "/decks/019de073-269f-76ef-b090-b9e5a8e44780#slide-10",
  "components": [
    {
      "bbox": {
        "h": 0.1,
        "w": 0.15,
        "x": 0.8,
        "y": 0.05
      },
      "kind": "image",
      "text": "Hipgnosis logo",
      "attrs": null,
      "subkind": "logo",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "96bd811e-bd27-443d-bbec-8d07b56ed4b2",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.86,
        "x": 0.07,
        "y": 0.72
      },
      "kind": "list",
      "text": "< 10 years catalogues reaching the end of the decay profile ahead of expectation; > 10 years catalogues remained stable as Streaming offset Performance Income decline during COVID-19",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5403d845-d9d9-45d6-b7e6-d59db2b037cc",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.35,
        "w": 0.86,
        "x": 0.07,
        "y": 0.32
      },
      "kind": "table",
      "text": "PFAR table by catalogue age and period",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8a7ab9f6-553a-442e-a1fa-f133f36e9725",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.4,
        "x": 0.07,
        "y": 0.1
      },
      "kind": "title",
      "text": "Pro forma annual revenue",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e94bd842-e601-4ae3-8bc3-e388d956f879",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Table data",
      "slug": "table-data",
      "agent": null,
      "layer": "slide",
      "matchId": "146037ef-965c-4a91-aed5-dd045bad5ac3",
      "evidence": "table/data: PFAR table by catalogue age and period",
      "confidence": 0.9
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 10,
      "from": 6,
      "beatId": "239d8b4d-0003-4c7c-910e-90706a821266",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Financials",
      "beatSlug": "sequoia-pitch-financials",
      "evidence": "Valuation tables and KPI overviews",
      "position": 1,
      "confidence": 0.7,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [
    {
      "to": 14,
      "from": 4,
      "name": "Cost Of Inaction",
      "slug": "27-cost-of-inaction",
      "bestFor": "Urgent budget requests, compliance, risk mitigation",
      "matchId": "a8d474b7-31f3-46d3-8a7d-2d22523b6cda",
      "evidence": "Comparison of revenue recovery and operative NAV boost",
      "position": 0,
      "objective": "Highlighting the benefits of strong streaming growth",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
      "confidence": 0.6,
      "description": "Quantify what happens if the audience does nothing"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}