News Broadcasting
US ‘gem shopping’ channel relaunches as Jewelry Television
MUMBAI: America’s Collectibles Network (ACN) has relaunched its 10-year old shopping network as Jewelry Television by ACN.
The announcement was made yesterday. The stated aim of the change in its corporate identity is to reflect the channel’s mission of opening the world of jewelry and gemstones to everyone.
Jewelry Television by ACN is one of the fastest growing home shopping network and the only one to focus entirely on the jewelry and gemstone category, a company release claims. The network ranks approximately 20th among the nation’s top jewelry retailers, says the release.
The network emerged on the scene in 1993 offering collectibles ranging from coins and knives to fine jewelry and gemstones. Several years ago, the network decided to concentrate on procuring quality jewelry and loose gemstones and selling them at prices usually well below listed retail. “We’re one of the 20 largest jewelry retailers in the country”. “Our volume buying power and international jewelry manufacturing operations are of increasing significance, and we plan to keep passing the savings along to our customers”, says Network’s co-founder and senior vice president Bill Kouns.
“The relaunch includes a new corporate identity package, improved on-air graphics and presentation, and a revamped e-store, www.jewelrytelevision.com,” explains Kouns, who also oversees the marketing function for Jewelry Television by ACN. “The network has a fresh new appearance that is indicative of our demographic audience and the quality they demand,” notes Kouns.
Headquartered in Knoxville, Tennessee, Jewelry Television by ACN is currently seen in more than 65 million homes on a full or part-time basis. The network is a privately held corporation with more than 1,300 employees and can be seen on cable, broadcast or satellite in most US cities.
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.
