News Broadcasting
Angela Bradley is MGM Intl TV (pay per view) VP
MUMBAI: MGM International Television Distribution has promoted Angela Bradley to VP, international pay per view and video on demand post.
MGM International Television Distribution executive VP Simon Sutton was quoted in a media report as saying, “Over the last few years, Angela has brought focus and insight to our international pay-per-view and video-on-demand businesses. I am very happy to recognise her contributions to the company during a crucial period of growth and expansion with this well deserved promotion.”
Bradley will continue to oversee distribution activities for international pay-per-view and video-on-demand programming for stations and hotels across the globe. Under Bradley, revenues for the company’s pay-per-view and video-on-demand business have increased by over 300 per cent.
Bradley joined MGM’s television operations in 1999 as the director of international sales planning. She later served as the director of international pay per view and most recently was executive director of international pay per view and video on demand.
Bradley has been involved in creating distribution agreements with international companies like the UK’s BSkyB, Filmbank and Front Row, Germany’s T-Online and Premiere, and Australia’s Foxtel and Korea Digital Broadcasting.
MGM International Television Distribution handles the international distribution of film and television product for MGM Studios. Through this unit, about 4,000 feature films and 10,100 television episodes are available to the international television market.
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.
