News Broadcasting
Contesting a monthly ratings system for news channels
MUMBAI/NEW DELHI: Television news broadcasters are pressuring for a monthly ratings system that will free their content from being weighed on a weekly basis, but advertising agencies do not seem to be in agreement.
News Broadcasters Association (NBA), an umbrella body of TV news channels, has decided that the weekly ratings for all national news and business channels in Hindi and English should be done on a monthly basis from next month.
The NBA board feels that this will improve news broadcasting standards as “coverage and reportage of news and programmes cannot always be linked to popularity or audience measurement”.
India’s ratings agency TAM, however, has not yielded yet. Though in dialogue with the NBA, TAM wants consensus from the other stakeholders like the IBF, AAAI and ISA who are also users of the same central TAM database.
Said TAM Media Research CEO LV Krishnan, “It is imperative for NBA to first discuss their proposal with other industry bodies. Only after this should one arrive at an overall industry consensus on the frequency of TAM data reporting. TAM will require written approvals from each of the member’s industry bodies on the decision taken with respect to the change in frequency of data reporting. Till the time we receive a formal overall approval from all stakeholders of the TAM database, no decisions on the change in current frequency of reporting will be taken.”
Building a consensus will not be easy. Leo Burnett Chairman of India Sub-Continent Arvind Sharma said, “Advertising agencies will oppose such a move. To make a more informed decision, an advertiser needs transparent, frequent and current data. Moving to a monthly ratings system will not allow us to read patterns. It is not a progressive move.”
News broadcasters argue that their content is distinct from other genres as they have a responsibility to inform and empower their viewers with quality programming and dissemination of news rather than providing content merely for garnering viewership. News broadcasting standards can only improve with time spent on strategic planning and research rather than knee jerk reactions taken on a weekly basis.
NBA wants TAM to introduce the monthly ratings system initially for a period of two years. Regional news channels could be brought under this system on a later date.
Speaking to Indiantelevision.com, several senior executives said on condition of anonymity that agencies look at 4-13 week data when they make advertising deals for their clients. “There is no revision in rates done after a deal is inked. So there is no reason for them to be upset,” a top official said.
The NBA also clarified in an official statement that the initiative taken by it would not in any way hamper the decision making of advertisers and advertising agencies.
“In the new monthly dispensation, advertisers would continue to get access to data broken down to a minute or a day-part or a specific programme in a manner similar to how data points are currently accessed in the weekly format,” it said.
Sharma, however, disagrees. “News channels are indirectly saying that more frequent information (weekly ratings data) makes their content worse. This seems to be built on an unsound premise,” he said.
Added Madison Media Group CEO Punitha Arumugam, “The same data getting reported on a monthly basis instead only delays the decision making process.”
Will a monthly ratings system clean up content? “This will certainly reduce pressure on the editors,” said Pankaj Pachauri, NDTV Managing Editor – Special Projects and VP of the Broadcast Editors Association. “Editors were often constrained to make last minute changes in the fixed point charts or the content of the various news programmes on the basis of weekly TAM reports.”
News Broadcasting
Network18 Q4 revenue grows 9.7 per cent, EBITDA at Rs 30 crore
PAT improves to Rs 306.6 crore, margins steady amid cost pressures.
MUMBAI: Not all news is breaking, some of it is quietly improving. Network18 Media & Investments Limited appears to be doing just that, tightening losses and stabilising margins even as costs continue to weigh on the business. For FY26, the company reported revenue from operations of Rs 1,955.1 crore, up from Rs 1,896.2 crore in FY25, signalling modest top-line growth in a challenging media environment. Total income stood at Rs 1,978.2 crore, compared to Rs 1,913 crore a year earlier.
Profit after tax came in at Rs 306.6 crore for the year, a sharp turnaround from Rs 3,225.4 crore in FY25, largely reflecting the absence of large exceptional items that had inflated the previous year’s numbers. On a more comparable basis, the company’s operating performance showed signs of gradual stabilisation.
However, the quarterly picture remained under pressure. For the March quarter, Network18 reported a loss of Rs 53.1 crore, narrower than the Rs 98.1 crore loss in the same period last year, but still indicative of ongoing cost challenges.
Expenses continued to track high. Total expenses for FY26 stood at Rs 2,235.7 crore, up from Rs 2,197.8 crore in FY25. Key cost heads included operational expenses of Rs 765.9 crore, employee benefits of Rs 475.9 crore, and marketing, distribution and promotional spends of Rs 427.1 crore, underlining the continued investment required to sustain reach and engagement.
At an operating level, margins remained under strain. Operating margin stood at 2.33 per cent for FY26, marginally higher than 1.77 per cent in FY25, while net profit margin remained negative at -13.02 per cent, though improved from -14.89 per cent.
On the balance sheet, total assets rose to Rs 8,957.6 crore as of 31 March 2026, from Rs 8,317.5 crore a year earlier. Equity strengthened to Rs 4,958.7 crore, while borrowings increased to Rs 3,112.8 crore, reflecting a higher reliance on debt to support operations.
Cash flows told a mixed story. While financing activities generated Rs 83.9 crore, operating cash flow remained negative at Rs -24 crore, highlighting ongoing pressure on core cash generation. Cash and cash equivalents, however, improved to Rs 33.9 crore from Rs 1.8 crore.
The numbers point to a company in transition growing revenues, trimming losses, but still grappling with structural cost pressures. In a sector where scale often comes at a price, Network18 seems to be inching towards balance, one quarter at a time.
