Cable TV
Nat Geo Kids appoints Vermeulen as head of sales
MUMBAI: National Geographic Television International (NGTI) has appointed Karen Vermeulen as its first dedicated kids sales person. Vermeulen will be based in London in the new role of head of kids’ sales but will also work closely with National Geographic Kids’ programming and production president Donna Friedman Meir – along with her US-based team – to drive the development of this growing area of National Geographic’s business.
Vermeulen joins from Entertainment Rights where she was territory manager UK, Ireland and German-speaking Europe, responsible for maximising TV, new media and DVD sales for a range of properties including Postman Pat, Basil Brush, Little Red Tractor and Barbie. In addition, she managed the strategic rollout of licensing and merchandising for core brands in Germany.
At National Geographic, Vermeulen will build on this experience, undertaking the key sales role for National Geographic Kids’ programming, but she will also have responsibility for managing the growing stable of brand franchises and developing properties for maximum benefit.
Current programmes in production from National Geographic Kids include Mama Mirabelle’s Home Movies, a mix of animation and live-action wildlife footage for preschoolers, produced in partnership with King Rollo Films; Iggy Aruckle, an animated comedy adventure for kids 6 – 11, produced with Blueprint Entertainment; Toot & Puddle: I’ll Be Home For Christmas based on the award-winning book by Holly Hobbie and being animated by Grand Slamm Children’s Films; and the first global reality adventure series for little kids, Are We There Yet?, produced in partnership with Cellar Door and Sinking Ship Productions.
Friedman Meir said, “We are thrilled to welcome Karen to the team and to have someone in London who can work more closely with our European partners on a regular basis. She brings a wealth of very valuable experience to our developing business and has a real feel for integrated property management. She joins National Geographic at a pivotal time; in addition to those shows already in production we have a large number of unique and outstanding properties in development, targeting pre-schoolers, school-age kids and tweens with our hallmark approach – entertaining programmes that excite kids to explore their world.”
NGTI president Ian Jones added, “The addition of Karen to our team, along with the kids programming to the NGTI catalogue, marks a new era for our business and a natural extension for our brand. Donna and her team in the US have already done a fantastic job in establishing National Geographic as a player in the kids market, particularly in Europe, and I have every confidence that Karen is the ideal person to consolidate and build on that activity going forward.”
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.
