News Broadcasting
BBC, HBO to co-produce a crime thriller
MUMBAI: The BBC and HBO have started co-production on the crime thriller Five Days.
Five Days tracks five days following the abduction of an appealing and photogenic young mother, Leanne.
This five-part drama serial stars Nikki Amuka-Bird, Hugh Bonneville and Charlie Creed-Miles. The story begins one, hot summer day when Leanne is taking her two young children to visit her grandfather.
She stops to buy flowers at a motorway lay-by but then inexplicably vanishes, leaving her two small children waiting in her car, lost and far from home.
They set off to find her only to go missing themselves. Their ordeal is captured on CCTV cameras and before long the family’s heart-stopping trauma is not only a complex police investigation but a major news story. As each episode unravels it becomes clear that nobody is quite as they seem.
Producer Paul Rutman says, “Five Days is a gripping, multi-stranded story about the kind of fascinating crime which holds the front pages of our national newspapers and which terrifies and obsesses us in a compulsion to know more.”
BBC controller, drama commissioning Jane Tranter said, “It is a privilege to be making such a major piece of drama from the brilliant Gwyneth Hughes, and we are delighted to be collaborating once again with HBO, continuing our strong creative relationship which has seen us working together on many projects, most recently Tsunami: The Aftermath and Rome.”
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.
