News Broadcasting
BBC establishes an editorial standards board
MUMBAI: UK pubcaster the BBC has established an editorial standards board, chaired by the BBC’s Deputy DG Mark Byford, and comprising the BBC’s most senior output directors, has been established and is undertaking a major programme of work in this area. This group has met weekly and has overseen the work. BBC DG Mark Thompson made this announcement while providing an update to the BBC Trust in which he reported substantial progress in delivering a package of tough and rigorous measures to address concern over recent editorial breaches in competitions and voting.
Thompson says, “The BBC-wide review of our output since 2005 is now completed, and four further serious editorial breaches had been found. None of the further editorial breaches involved premium rate telephone lines. An unprecedented programme of editorial training, Safeguarding Trust, will begin in November. It is expected that all 16,500 BBC production and content staff will participate in the mandatory training programme. This programme is not simply about reinforcing the imperative to understand and comply with all of the BBC’s values and editorial standards, including truth and honesty, but in that context will enable staff to debate the right production techniques in light of the current debate about artifice in programmes. Training materials will be made available to other broadcasters and independent producers.”
A phased and controlled return of competitions on BBC programmes and online, which are currently suspended, is also expected to begin in November following a strengthening of editorial guidance and control. Competitions will now be approved and supervised at a senior level within each output area. Thompson reported to the Trust that he expected a significant reduction in the number of competitions being broadcast by the BBC, but he recognised that audiences very much enjoyed taking part in BBC programmes in this way.
A full independent inquiry into the incident involving the BBC One autumn season launch and Her Majesty The Queen, which is being conducted by Will Wyatt CBE, is expected to report to Thompson next month. The findings of this inquiry will be made public once they have been considered by the BBC Trust.
Thompson also informed the Trust that he has commissioned a new online project which will enable the public to explore how contemporary media content is produced. The BBC believes this will be a major contribution to media literacy in Britain.
A BBC working party on the use of premium rate telephony in programme and content areas has made progress Thompson says. This includes the development of new editorial and operational guidance which will form part of the overall management response on strengthening editorial compliance. The group is also revising the BBC’s policy on the use of premium rate tariffs and is looking to set up a system of approved service providers of telephony.
Thompson will meet his counterparts in the commercial public service broadcasters later this month to discuss ways of working together to build and restore public confidence and trust in the light of editorial issues across the industry.
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.
