News Broadcasting
BVITV inks mobile content deal with Philippines’ ABS-CBN Interactive
MUMBAI: Buena Vista International Television–Asia Pacific (BVITV-AP) has concluded its first live action series mobile content agreement with ABS-CBN Interactive (ABSi), a division of the ABS-CBN Broadcasting Company in the Philippines.
This agreement is in line with Buena Vista International Television–Asia Pacific (BVITV-AP), the international television distribution arm of The Walt Disney Company’s focus on the application of technology to enhance its content and expand its distribution to deliver it anytime, anywhere, according to an official statement.
For the first time in the Philippines, ABS-CBN Interactive’s mobile customers will be able to enjoy mobile video content from BVITV’s hit series, Desperate Housewives and Grey’s Anatomy, including second season sneak peeks, behind-the-scenes and recaps video clips, plus SMS infotext, wallpaper and WAP sites – to tie in with the television broadcast.
Seasons two of Desperate Housewives and Grey’s Anatomy are currently airing on Studio 23, one of ABS-CBN’s television networks, which is currently celebrating its 10 anniversary on-air.
“We are thrilled to be the first U.S. studio to offer mobile content and clips of live action series content on the recently launched 3G platforms in the Philippines,” says BVITV-AP senior vice president and managing director Steve Macallister. “We look forward to working with ABS-CBN Interactive and clients around the region to deliver our programming in innovative and interactive ways to consumers – one of the key priorities at BVITV – enhancing the entertainment experience for fans of our series’.”
”This exciting partnership with BVITV-AP will create a complete viewing experience for Studio 23 audiences, extending their affinity with the shows and allowing them to bring it with them anywhere they go, through their mobile phones,” said ABS-CBN Interactive MD Paolo Pineda.
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.
