News Broadcasting
It is a ‘Windfall’ for NBC this summer
MUMBAI: US broadcaster NBC will air a drama Windfall with Luke Perry, Lana Parrilla, Jason Gedrick, Sarah Wynter and D.J. Cotrona.
The show follows 20 lottery winners after their unexpected good fortune and premieres on 8 June 2006.
NBC Entertainment president Kevin Reilly says, “This is an engaging and dramatic series with an extremely talented cast. Windfall is an important component of our summer lineup and exemplifies our commitment to quality year round original programming.”
The show follows 20 lottery winners in the wake of winning a massive, 386 million-dollar lottery. Unfortunately, their initial ecstasy is tempered by the romantic, social and family complications caused by instant wealth.
At the center is a close-knit foursome who have known each other since college when the ‘wrong’ spouses were in love. Perry stars as Peter Schaefer, a devoted husband to Nina played by Parrilla and father of two. Parrilla finds herself caught between her love for her husband and the deep feelings she has for her college beau and her husband’s best friend, Cameron Walsh, played by Gedrick. Sarah Wynter plays Cameron’s loving but suspicious wife.
A relative stranger to their circle is Cotrona as Sean Mathers, who finds that winning the lottery threatens to expose a dark secret in his past. Also, for Damien Cutler a rebellious teen, winning the cash means he is set free from his parents — with millions in his pocket. Alice Greczyn stars as Frankie, a 16-year-old girl whose separated parents’ newfound wealth sets off a marital war. Rounding out the cast is Jaclyn DeSantis who plays Maggie Hernandez, a nurse whose generous heart and newfound wealth prove to be a dangerous combo.
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.
