Cable TV
TNS appoints Mezzasalma as head of internet, television and radio audience measurement sector
MUMBAI: TNS has appointed Andrea Mezzasalma as head of TNS’ Internet, Television and Radio Audience Measurement sector (iTram), responsible for managing the global business.
Mezzasalma will take over from Mike Gorton who has been with TNS for five years and played a key role in developing the iTram sector and consolidating TNS as an industry leader in TV and radio audience measurement, informs an official release.
Gorton will be retiring from TNS this year but will remain with the group as a consultant.
Mezzasalma will be relocated from Milan to London and has a high profile in the global media measurement industry. He became the youngest partner in Eurisko, a leading Italian marketing information company, where he was pivotal in developing and marketing innovative technologies for audience measurement. Eurisko was acquired by NOP World in 2003, and more recently by GfK.
TNS chief executive David Lowden said, “Andrea has an excellent track record as an innovator with a deep understanding of technology. With rapid changes in technology, media measurement is becoming more complex and TNS is responding to this challenge by developing more sophisticated models to enable data segmentation, digitisation and internet measurement. Andrea will provide valuable expertise in the technology and audience measurement fields to take the iTram team forward and deliver growth in this important sector.
TNS has recently secured a number of high profile contracts across the globe including its appointment to the RAJAR/BARB London Portable Meter/Panel Development audience measurement programme and a pioneering TV audience measurement agreement in the US with Charter Communications. Andrea will oversee these projects and manage the teams involved in driving international plans forward, the release adds.
Cable TV
Den Networks Q3 profit steady despite revenue pressure
MUMBAI: When margins wobble, liquidity talks and in Q3 FY25-26, cash did most of the talking. Den Networks Limited closed the December quarter with consolidated revenue of Rs.251 crore, marginally higher than the previous quarter but down 4 per cent year-on-year, even as profitability stayed resilient on the back of strong cash reserves and disciplined cost control.
Subscription income softened to Rs.98 crore, slipping 3 per cent sequentially and 14 per cent from last year, while placement and marketing income offered some cheer, rising 15 per cent quarter-on-quarter to Rs.148 crore. Total costs climbed faster than revenue, up 7 per cent QoQ to Rs.238 crore, driven largely by higher content costs and operating expenses. As a result, EBITDA dropped sharply to Rs.13 crore from Rs.19 crore in Q2 and Rs.28 crore a year ago, pulling margins down to 5 per cent.
Yet, the bottom line refused to blink. Profit after tax stood at Rs.40 crore, up 15 per cent sequentially and only marginally lower than last year’s Rs.42 crore. A healthy Rs.57 crore in other income helped cushion operating pressure, keeping profit before tax at Rs.48 crore, broadly stable quarter-on-quarter despite the tougher cost environment.
The real headline-grabber, however, sits on the balance sheet. The company remains debt-free, with cash and cash equivalents swelling to Rs.3,279 crore as of December 31, 2025. Net worth rose to Rs.3,748 crore, while online collections accounted for 97 per cent of total receipts, underscoring strong cash discipline across operations, including subsidiaries.
In short, while Q3 showed signs of operating strain, the financial backbone remains solid. With zero gross debt, steady profits and a formidable cash war chest, the company enters the next quarter with flexibility firmly on its side proving that in uncertain markets, balance sheet strength can be the best growth strategy.








