News Broadcasting
BBC newsreaders overpaid; Jack Straw
MUMBAI: House of Commons leader Jack Straw said that the British Broadcasting Corporation (BBC) newsreaders are paid too much. He mocked those journalists who ‘prance’ around TV studios. At the same time, Labour MP Chris Mullin alleged that the tabloid virus is beginning to infect BBC television news.
Straw became the leader of the House of Commons earlier in May. During a debate at the House of Commons, he preferred presenters to actually sit at a desk and read the news.
As reported by BBC News, BBC newsreaders are overpaid and should not ‘prance around studios’, Commons leader Jack Straw has said.
The former foreign secretary said he thought that was what newsreaders were paid for – “and too much”.
A spokesman for BBC News said: “We welcome feedback from all quarters of our audience.”
Straw was responding to Labour MP Chris Mullin, who complained that BBC newscasters “walk around the studio like a couple of ham actors emoting”.
Mullin said: “Can we find time to debate the extent to which the tabloid virus is beginning to infect BBC television news? “Have you noticed that newscasters increasingly no longer read news to camera, but they walk around the studio like a couple of ham actors emoting?
“I think it is called news with attitude.”
Mullin also said the Six O’Clock News was “cynically edited” to delete the fact that the prime minister had quoted former Conservative leader Michael Howard during prime minister’s question time.
“Do you agree with me that if the BBC can’t do better than this it is going to have difficulty justifying its licence fee?” he asked. Straw said he would pass his remarks on but editorial decisions were a matter for the BBC, not for MPs.
“On the issue of accuracy, all journalists, including the BBC, have a responsibility to ensure that quotations are attributed accurately,” he said.
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.
