News Broadcasting
Voom HD Networks & UK’s Electric Sky to create niche programming
MUMBAI: Voom HD Networks has announced that two co-productions with UK production company Electric Sky to create original niche programming for its high definition channels – Gallery HD with Art of the Heist and Ultra HD with season three of Fashion Avenue.
Dedicated to imagery and stories from the front line of the art world, Gallery HD will premiere a six part documentary series Art of the Heist uncovering the world’s biggest art thefts in recent history. The show will follow the trail of police, FBI agents and their dubious informants, and provides insights into just how this world operates, from sting to recovery, informs an official release.
Ultra HD, devoted to the worlds of fashion, beauty and style, will premiere season three of Fashion Avenue. The six half hour episodes will feature supermodel Jodie Kidd shopping at boutiques on the most stylish streets of the world. Currently in production, the show is slated to premiere in first quarter of 2007. Each week, Kidd is joined by a local fashion expert and each sets a shopping mission for themselves within a set budget. They visit shops, boutiques, hot restaurants hotels and nightclubs. Avenues visited in past include Barcelona, Rome, Cape Town, Sydney and Prague.
Voom HD Networks first worked with Electric Sky in August of 2004, co-producing season one of Fashion Avenue, adds the release.
“Voom HD Networks is creating original niche programming that is truly maximising the medium of HD. With both of these series we are afforded the opportunity to work again with Electric Sky, a company that has a strong reputation within the international broadcast industry,” said Voom HD Networks GM Greg Moyer. “Art of the Heist and Fashion Avenue contribute to our vast library of compelling HD content while fulfilling a void in a marketplace that is in need of quality high definition original programming.”
Both series continue Voom HD Networks’ commitment to investing in original niche programming, working with top production companies both domestically and internationally. Gallery HD and Ultra HD are part of the Voom HD Networks, currently available on Dish Network.
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.
