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Digital media summit in the US next week

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MUMBAI: A Digital Media Summit organised by iHollywood Forum takes place next week in the US. The event in California from 7-8 June 2005 will look at the business opportunities in using digital technologies that create, deliver and distribute content.

The summit will see experts talking about how content creators and service providers can make money from all areas of digital home entertainment including and cable services, video on demand, music, streaming, online gaming, home networking, home theatre, set top boxes, interactive television and subscription services such as MusicNet, Pressplay, Movies.com and Movielink.

Topics that will be dealt with will include: dueling digital music strategies from Apple, Yahoo! Microsoft, Real and Napster; the telcoms invasion of cable operators’ television space; the explosion of HDTV; the emergence of anytime, anywhere programming on TV and portable devices; wireless and mobile programming, the latest trends in interactive games, subscription vs. downloadable content models, home networking, peer-to-peer, digital asset management, digital rights management.

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The speakers include CBS Television, senior VP, strategic planning and interactive ventures Daviod Katz, Fox Sports senior VP Ross Levinsohn, Microsoft, Director, Technical Policy Andy Moss, Google director video Jennifer Feikin and Reuters VP mobile and emerging media Stephen Smyth.

One breakout session exmaines the The Mobile Content Explosion. Mobile entertainment may finally be coming of age as a consistent and reliable source of revenue for carriers, product developers and aggregators of content. The speakers evaluate the opportunities in mobile video and imaging, messaging, music, gaming, mobile communities, music and other areas of interest. Can the wireless business avoid the retrenchment and consolidation that followed emergence of other breakthrough technologies?

Another session is called Digital World of Sports. Loyal sports fans are ready to pay for digital content delivered by VOD, video games, broadband, streaming, iTV and wireless. Sports executives discuss their plans for bringing digital sports into the home and on the go.

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The movie format war is discused in the session DVDs: Still the Crown Jewels? Ten years into a spectacular sales run, the DVD business is morphing. Games, soundtracks, web links and other interactive extras are now a must. Consumers are starting to buy new players that let them watch movies in multiple rooms or slice out objectionable content. A high-definition format war looms between HD DVD and Blu Ray. Video-on-demand, recordable DVDs, PVRs and piracy could hurt sales.

The conference will also look at how interactive marketing is getting real. Internet advertising now represents more than two per cent of the ad spend for the Fortune 500 companies. Entertainment and publishing companies, with their highly visible properties, are well-positioned to cash in. This session takes a look at how companies are creating  and cashing in on  ads, promotions and sponsorship online and in emerging media such as mobile, iTV and games.
      

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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.

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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.

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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.

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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.

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