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Discovery Intl’s quarterly revenue up 21 %

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MUMBAI: For the three months ended 31 March 2006 Discovery Communications Inc experienced a six per cent revenue growth to $443 million and three per cent operating cash flow growth to $152 million.

Internationally, it achieved a 21 per cent revenue growth to $193 million and 35 per cent operating cash flow growth to $31 million at its International Networks division for the first quarter of 2006.

During the first quarter, Discovery commercially launched Cosmeo, its online homework help tool.

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Net distribution revenue increased by 25 per cent due to increases in paying subscription units in Europe, Latin America and Asia, as well as the international joint venture channels combined with contractual rate increases in certain markets. Net ad revenue increased by 16 per cent primarily due to higher viewership in Europe and Latin America combined with an increased subscriber base in most markets worldwide.

Operating expenses increased by 19 per cent due to expected increases in headcount as the business expands, particularly in the UK and Europe, combined with an increase in marketing expense associated with branding and awareness efforts, particularly in Europe, related to the Lifestyles category initiative. Operating cash flow increased as the growth in revenue outpaced the growth in operating expenses.

The growth in revenue in the US was due to a 22 per cent increase in distribution revenue. This was partially offset by a six per cent decrease in ad revenue. Net distribution revenue increased 22 per cent as the US Networks had an 11 per cent increase in paying subscribers in the first quarter combined with contractual rate increases.

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US networks distribution revenue increases were also aided by reduced launch fee amortisation, a contra-revenue item, as certain affiliation agreements were extended. Net ad revenue decreased by six per cent, primarily due to lower advertising sell-out rates combined with lower rates at certain networks.

Operating expenses increased by eight per cent due to an increase in programming expense as the company continued its investment across all US networks in original productions and high profile series and specials. Operating cash flow increased due to the increased revenue.

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News Broadcasting

Kamlesh Singh receives Haldi Ghati Award from MMCF

India Today Group editor honoured for three decades of journalism at Udaipur ceremony.

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MUMBAI- Kamlesh Singh just turned a lifetime of sharp words into a shiny shield because when journalism wakes up a society, even the Maharana of Mewar wants to pin a medal on it.

The Maharana of Mewar Charitable Foundation (MMCF) conferred its prestigious Haldi Ghati Award on Kamlesh Singh, a senior editor at the India Today Group, during a ceremony in Udaipur on 15 March 2026. The national award, instituted in 1981-82, recognises “work of permanent value that initiates an awakening in society through the medium of journalism.”

Singh, who leads several editorial initiatives including Aaj Tak Radio, the Teen Taal community and The Lallantop, was presented the honour by Lakshyaraj Singh Mewar, Managing Trustee of MMCF. The citation highlighted his three decades of contributions to Indian media, innovations in digital journalism, mentoring young reporters, and his popular podcast persona “Tau” on Teen Taal, which fosters thoughtful public discourse.

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The Haldi Ghati Award, named after the historic Battle of Haldighati symbolising valour and resilience, is one of four national awards given annually by MMCF. Past recipients include Tavleen Singh, Piyush Pandey and Raj Chengappa.

Other honourees this year included Padma Vibhushan Pt Hari Prasad Chaurasia, Vedamurti Devvrat Rekhe, Treeman of India Marimuthu Yoganathan, Vir Chakra Capt Rizwan Malik, and US-based researcher Molly Emma Aitken, who received the Colonel James Tod Award for contributions to understanding Mewar’s spirit and values.

In an era where headlines often shout louder than substance, the MMCF quietly reminded everyone that real journalism isn’t about noise, it’s about the quiet, persistent work that stirs society awake, one thoughtful story at a time.

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