News Broadcasting
MTV spreads digital tentacles in the US,
MTV Networks is expanding its suite of channels available for digital distribution in America. Four new 24-hour channels for kids and music fans, including MTV Hits, MTV Jams, Nicktoons TV and VH1 Mega Hits will go on air shortly.
The aim, says MTV, is to expand and strengthen MTV Networks’ digital offerings to 13 services. Cablevision is the first operator to sign on for services from the new package, says an official release, and will soon add MTV Hits and Nicktoons TV to their iO: Interactive Optimum digital service line-up.
MTV Networks chairman Tom Freston says: “Each of these channels was created in response to our audience’s tastes and demands. We believe these new channels will help our affiliates as they continue to expand their digital business and help them grow their cable modem business.”
MTVN’s core digital services include VH1 Classic featuring the greatest music from the 60s, 70s and 80s with nearly 12 million subscribers. Noggin, the innovative, commercial free educational network from Nickelodeon and Sesame Workshop claims availability in over 22 million homes; and Nickelodeon Games and Sports (GAS) claims a subscriber base of 10 million. Nick Too, VH1 Country, VH1 Soul, VH Uno, and MTV Espanol complete MTVN’s digital offerings. MTV2, with 40 million subscribers claims to have both analog and digital carriage.
MTV Hits will focus on the younger end of MTV’s demographic, serving the 12-24 market with the music and artists they love. MTV Jams will feature the best Rap, R&B, Hip-Hop, and Soul music and artists. MTV Jams will replace MTV X across all digital cable services. Nicktoons TV, the first ever 24 hour channel built on Nickelodeon animation, will feature classic Nick originals like Doug and Ren & Stimpy to their cutting edge counterparts like Jimmy Neutron. Nicktoons TV will replace Nick Too in some areas on the American west coast.
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.
