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CBS claims ratings victory among US networks

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MUMBAI: CBS has announced that it has come out on top among US networks for the season. According to the most current Nielsen ratings data, Fox will finish as number one in the 18-49 demographic thanks mainly to ‘American Idol‘.

CBS, which has a JV with Reliance Broadcast Network in India, has come out on top for nine in the past 10 years. This year the network averaged 11.78 million viewers each week, up by one per cent over last year. This is around three million more viewers than Fox.

In the 18-49 demographic Fox finished the season with a 3.2 adults 18-49 rating and 9 share, according to Nielsen, down nine per cent from a 3.5/10 last season, when it carried the Super Bowl. NBC aired the game this year.

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In this demographic Fox placed seven per cent ahead of CBS, which averaged a 3.0/8, up three per cent from a 2.9/8 last year. 132 million votes were cast for Fox‘s music based competition show ‘American Idol‘.

CBS is first in adults 25-54. In a statement CBS has said that it will deliver year-to-year increases among viewers on five nights (Monday, Wednesday, Thursday, Friday and Saturday) while finishing even on Tuesday and on four nights in adults 18-49 (Monday, Wednesday, Thursday and Saturday) and even on Friday.

CBS also said that it has the season‘s number one new series in viewers ‘Person Of Interest‘ for the third time in four years and the number one new programme in adults 18-49 ‘2 Broke Girls‘ for the second consecutive year.

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CBS says that it had the nine of the 10 dramas including ‘NCIS‘, ‘The Mentalist‘ and ‘Blue Bloods‘. It had eight of the top 10 comedies including ‘The Big Bang Theory‘ and ‘Two And A Half Men‘.

NBC says that it managed to get a 2.5 rating and a 9 per cent gain in adult 18-49 rating versus last season‘s 2.3. This it says is the biggest increase compared to ABC, CBS and Fox.

NBC Entertainment chairman Bob Greenblatt said, “Not since the 2003-2004 season has NBC been out of fourth place in 18-49 viewers, so we‘re thrilled to rank in third place for this season. We‘ve taken some key first steps towards rebuilding primetime, including a great second cycle for ‘The Voice‘ and promising first seasons for shows like ‘Smash‘ and ‘Grimm‘.

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“With a largely new staff in place and a strong development season under our belts – not to mention some big promotional opportunities presented by this summer‘s London Olympics and two nights of ‘The Voice‘ in the fall – we‘re in a very good position to build on the progress of this past season. We‘re genuinely excited about the future.”

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Wipro hires 7,500 freshers, withholds FY27 hiring outlook

Profit rises to Rs 3,522 crore, Rs 15,000 crore buyback announced.

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MUMBAI- Hiring may be on, but visibility is off, Wipro is adding talent even as it pauses the crystal ball. The company hired 7,500 freshers in FY26 but stopped short of offering any hiring outlook for FY27, underscoring the uncertainty gripping the IT services sector as it pivots towards an AI-led operating model.

The disclosure came alongside its fourth-quarter earnings, where management flagged volatile demand conditions and refrained from committing to future workforce expansion. Chief human resources officer Saurabh Govil noted that over 3,000 of the total hires were onboarded in the March quarter alone, signalling continued intake despite a lack of clarity on deployment pipelines.

This divergence active hiring without forward guidance reflects a broader industry pattern where talent acquisition continues even as deal conversions remain uneven and client spending cycles stretch. Wipro expects its IT services revenue for the June quarter to range between a decline of 2 per cent and flat growth sequentially in constant currency terms, reinforcing near-term caution.

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Chief executive officer Srini Pallia pointed to artificial intelligence as both a disruptor and an opportunity. He said evolving client priorities are pushing the company towards outcome-driven engagements, with Wipro increasingly focusing on a services-as-software model through its AI Native Business and Platforms unit. The shift marks a structural change from traditional headcount-led growth to AI-enabled delivery frameworks.

The company has already committed over $1 billion to its AI ecosystem, with investors closely watching how these investments translate into revenue. For now, the numbers present a mixed picture. Net profit rose sequentially to Rs 3,522 crore, while revenue grew 3 per cent to Rs 24,236 crore. However, core IT services performance remained under pressure, with full-year revenue declining 0.3 per cent in dollar terms and 1.6 per cent in constant currency.

Large deal bookings offered a counterpoint, rising 45.4 per cent year-on-year to $7.8 billion, highlighting a widening gap between deal wins and actual revenue realisation. On a quarterly basis, IT services revenue slipped 1.2 per cent sequentially, signalling continued softness in execution.

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Margins, however, told a more optimistic story. Operating margins expanded to 17.3 per cent in the fourth quarter, up from 14.8 per cent in the previous quarter, reflecting improved cost discipline. That said, the company cautioned that upcoming wage hikes and the ramp-up of large deals could exert pressure going forward.

Attrition stood at 13.8 per cent in the March quarter, indicating stabilisation after periods of elevated churn. Alongside its earnings, Wipro also announced a Rs 15,000 crore share buyback, reinforcing its focus on shareholder returns, with a payout ratio of 88 per cent over the past three years.

Taken together, the numbers capture a company in transition investing in AI, maintaining hiring momentum, but navigating a demand environment where growth is uneven and visibility remains limited.

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