News Broadcasting
TWI goes round the world in a Yacht
MUMBAI: TWI, an event and talent management agency IMG’s television arm, will be the host broadcaster for the Clipper 05-06 Round the World Yacht Race.
The event kicks off on 18 September 2005. The announcment was made by marine company Clipper Ventures which organises the race.
Clipper Ventures chairman Sir Robin Knox-Johnston said, “We are delighted to be working with TWI. With vast experience in the broadcasting of major events, TWI represents the television rights and distributes programming for some of the world’s most prominent sports and cultural organisations.
“The race will be a truly international sporting event. Teams from Liverpool, Durban, Western Australia, Singapore, Glasgow and the Channel Island of Jersey – defenders of the race title have already signed up. TWI’s unparalleled international network, distributing programming to over 200 countries worldwide, makes them a perfect choice as host broadcaster for the event.”
Knox-Johnston went on to add that the interest in these rights was unprecedented. ” We received tenders from several major broadcast organisations and whilst all of the presentations were impressive, TWI exceeded all the others in its commitment to promote and market the Clipper 05-06 Race allowing us to reach new audiences around the globe.”
The television rights agreement will see TWI maintain a comprehensive News Service throughout the duration of the Race. For this purpose, the company will produce regular video news releases in advance and around the ten-month race itself. The key objective of this new partnership is to ensure that stations all around the world will promote the Clipper race through news and existing sport programmes.
The race will also be seen on TWI’s popular show Trans World Sport. TWI claims that the show is currently viewed in over 260 million households in 131 countries making it the most widely seen, regularly scheduled sports programme in the world.
Last year TWI was appointed as the host broadcaster of the Melbourne 2006 Commonwealth Games and of the 15th Asian Games which takes place in Doha in 2006.
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.
