News Broadcasting
3G Entertainment News launched by 3 in UK
MUMBAI: UK’s first video mobile network – 3, today announced that it had signed a deal with Associated Press Television News (APTN), to provide celebrity entertainment videos to the growing mobile audience in the UK.
The new service, called Entertainment Now, is accessible via Today on 3, which is 3’s live entertainment channel and is updated every Tuesday and Thursday with breaking showbiz news. The style of the show is quirky and irreverent, poking fun at the rich and famous, and of course, the infamous.
From Big Brother to the Mercury Music Awards, Venice Film Festival to the Mobo’s, APTN Entertainment on 3 is there; up close and personal with the hottest stars. Now over 1.2 million customers on the 3 video mobile network can watch Entertainment Now on the move, informed an official release.
APTN director marketing Toby Hartwell said, “APTN is delighted to be working with 3, the UK’s fastest growing mobile operator. Entertainment Now is a bespoke video mobile product that viewers are sure to find amusing and addictive. It’s your inside edge to celebrity gossip and events.”
3 marketing director Graeme Oxby said, “3 video mobile brings customers the very best in mobile entertainment. The new service from APTN joins an exciting range of entertainment options on 3 customers can watch full-length music videos, Barclays Premiership action, play the latest games or watch comedy clips. Entertainment Now is a good addition to 3’s portfolio.”
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.
