News Broadcasting
CMP Media & CyberMedia to create global outsourcing portfolio
Manhasset, N.Y., United States and New Delhi, Delhi, India, Friday, September 02, 2005 — (Business Wire India) — CMP Media (www.cmp.com), a leading integrated media company serving the technology, healthcare and entertainment markets with 2004 revenues of $350 million, and CyberMedia (www.cybermedia.co.in), South Asia’s first and largest specialty media house, today announced a joint venture to build a global media portfolio focused on worldwide services. CMP – CyberMedia LLC, the new entity, combines the strength of these media leaders to better inform industry executives how to evaluate and secure services for their business, and to provide marketers with access to the right decision makers for their messages by developing a comprehensive brand portfolio that will include print, online and events.
Hoshie Ghaswalla, President – Publishing of CyberMedia, will serve as Managing Director and commented, “This is a winning combination for the outsourcing marketplace. Both companies share a deep understanding of the IT industry, and bring solid customer relationships and comprehensive databases to the joint venture, creating a strong foundation in which to build a powerful new brand. We look forward to working together to provide customers with the right products to address their outsourcing information needs.”
Rusty Weston, founder of CMP Media’s Managing Offshore, the first online newsletter focused on global sourcing issues, will serve as editor in chief. An industry expert, Weston has traveled throughout India and most recently, presented BPO Satisfaction research findings at the NASSCOM ITES-BPO Conference in Bangalore in June.
“This new venture is the next step in our strategy to address the needs of both marketers and audiences as they think and act on a global scale,” said Gary Marshall, President and CEO of CMP Media. “According to Gartner Dataquest, the North American BPO market is forecasted to grow to $110 billion by 2009 and our new joint venture will enable us to penetrate this fast-growing audience in an unprecedented way.”
Pradeep Gupta, Chairman and Managing Director of CyberMedia, said, “This will be the first global product from an Indian media house addressing global readers. This move is part of CyberMedia’s plans of expanding globally. We recognize the tremendous growth that has taken place in the Indian ITES – BPO industry. This industry will continue to grow substantially over the next decade. We therefore chose to combine our BPO portfolio with CMP’s Managing Offshore to broaden our reach into this new and expanding market. We are pleased to be tapping into the expertise of CMP Media to create a truly global brand across all media platforms.”
CyberMedia has been publishing Global Outsourcing (http://www.globaloutsourcing.org) since August 2004. A media offering for decision makers and influencers of offshoring in large and medium business organizations globally, Global Outsourcing is a platform for buyers and sellers of these services that provide exclusive articles, advisories, research, case studies and interviews.
CMP Media launched a separate product addressing the complex issues of global sourcing with Managing Offshore (http://www.ManagingOffshore.com) in May 2004. The online newsletter analyzes and provides reports on the global sourcing of services including application development, application maintenance, infrastructure, business process outsourcing and call/contact centers. In addition, the company publishes Outsourcing Pipeline (http://www.OutsourcingPipeline.com), a focused website with the news and information that IT professionals need to manage all aspects of outsourcing as well as a comprehensive topic-focused Product Finder.
About CMP Media LLC
CMP Media (www.cmp.com), part of United Business Media (www.unitedbusinessmedia.com) with 2004 revenues of $1.3 billion, is the leading integrated media solutions company providing “broad and deep” access to the entire technology spectrum — the builders, sellers and buyers of technology worldwide. The company’s comprehensive database of technology decision makers enables marketers to reach targeted audiences throughout the purchase process with publications, web offerings, face-to-face events, consulting and other marketing services that deliver actionable results.
About CyberMedia
CyberMedia is South Asia’s first and largest specialty media house, with eleven publications (including Dataquest and PCQuest) in the infotech, telecom, consumer electronics and biotech areas; and a media value chain including the internet (www.ciol.com), events and television. The group’s media services include market research (IDC India), job board (CyberMedia Dice), content outsourcing, multimedia, and media education.
CONTACT DETAILS
Pramiti Bhargava, Cyber Media (India) Ltd, +91 (124) 5031234 ext. 254, pramitib@cybermedia.co.in Alix Raine, CMP Media, 516-562-7827, araine@cmp.com
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.
