News Broadcasting
MTV readies Nickelodeon push
Nickelodeon, the neglected child of the Viacom family in India, looks to be finally getting the attention it has craved for long.
Nick will see some major programming and marketing initiatives within the next three weeks, says MTV India managing director Alex Kuruvilla. Barely two months after being taken up by the Zee-Turner bouquet for distribution, the kids’ channel’s viewership has increased from 5.5 million to eight million, according to Kuruvilla.
An upbeat Kuruvilla, who says says the network undertook some qualitative research in Delhi, Mumbai and Bangalore recently to assess Nick’s reach found that 80 to 90 per cent of children, exposed to just two weeks to Nickelodeon, shifted to it from other kids’ channels. MTV India distribution head Sanjeev Hiremath says that Nick’s channel positioning too will be rejigged in the coming two to three months.
“In the first phase, we focussed on distribution. In the next, we will take up channel positioning”, Hiremath says.
In the US, Nick commands a powerful audience with its mix of toon and reality programming. In India, however, the channel has failed to generate mass interest thus far, even as rival Cartoon Network surged ahead in popularity. While Nickelodeon suffered from a lack of viewership when it was bundled with the Zee bouquet, the distribution tie up with Warner seems to have given Nick the much needed push. In the 14 months it has been around in India in its present avatar, Nick was unable to match the numero uno position it commands in the US and was labouring on with a viewership of barely two million, admits Kuruvilla.
With it getting noticed, however, Nick is sprucing up its programming. Nick Masala, the two-hour Hindi block is already drawing in viewers although Kuruvilla maintains there is no urgency for localisation on the channel. Its two-hour block on Zee is also drawing ratings of around 0.4, he says. Kuruvilla is also bullish about ad revenues for Nick, which he sees picking up after the increased viewership figures.
MTV meanwhile, is seriously pursuing its plan of going digital within the next three to six months, says Kuruvilla. Cross promotions for Nick have already picked up on MTV and will see a spurt in the coming days with prime properties like Jimmy Neutron: Boy Genius becoming a highlight of Nick’s programming. While MTV itself is undecided on whether it will continue to remain independent or will join a bouquet, Nick too “is keeping its options open,” says Kuruvilla. The channel will also look at locally created animation programmes in the medium term, he adds.
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.
