News Broadcasting
Bollywood beyond the Indian shores
MUMBAI: In an endeavor to initiate cross over films and collaborations between the Indian film fraternity and the United Kingdom and Australia, Frames 2004, today had two sessions dedicated to the possibilities and opportunities between the Indian and the UK and Australian film industries to exploit and mutually benefit from each others untapped resources.
UK and India have been synergising for many years now, but the magnitude of business still seems very limited and restricted. In anticipation of a bi-lateral agreement with the UK, the UK Film council (the government’s strategic body for film) discussed integral issues involving raising finance, legal structures, distribution, sales and marketing in the UK market.
The panelists included Ken Hay, CEO, EM Media, Mike Runagall from Pathe Pictures, Colin Brown, CEO Cinesite and Pete Buckingham from the UK Film Council, who showcased their respective studios, post production companies and discussed the formalities and legalities of film making and its distribution in detail.
What do audiences in UK expect in a film?
Firstly, it was news to Indian producers that they must essentially aim at targeting the young and the up market, as they are the sole movie going population. Secondly it was interesting to note that the UK audience also extends great emphasis on music similar to the Indian audience and it features as an important factor in the decision to go and see a film.
Thirdly, it was stated that genre of a movie was one of the critical success factors in the making or marring of a film. UK is also very particular about the casting of a film, which makes known and established actors an essential ingredient in the success of a movie.
Business with Australia on the other hand, already seems to have kick started with the visual effects in Dil Chahta Hai and Janasheen, been provided by Australian counterparts. Apart from business prospects the Australian panel including George Vasildas from In Motion locations, John Winter from Wintertime Films, Steve Cooper from Beeps postproduction and Shireen Ardeshir from IDP education touched upon the education opportunities available in film and TV in Australia, which also offers industry specific courses.
John Winter discussed the various co-productions producers could look at, they being an unofficial production, official production, MOU and a one off MOU.
The session also highlighted the advantages of cross over films, they being:
· More choice for viewers
· Australia making movies that they could not otherwise
· Increase in employment
· Interchange in acting personnel and actors
· Strengthening of diplomatic ties.
Recently, there has been a lot of talk about the digital intermediating process, and that costs in India were much lower in comparison to the latter, and therefore coming to a solution Winter urged the producers to look at a mutually beneficial ratio where the Indian capability and the Australian expertise came together to create an efficient and cost effective means in the industry.
Both UK and Australia have a big market, and the western world is becoming more and more conscious and aware of Asian and Indian Cinema leaving Indian producers a gamut of opportunities to explore and take Indian cinema to a different level.
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.
