News Broadcasting
Al Jazeera elevates Al Anstey as CEO of Al Jazeera America
MUMBAI: Al Jazeera Media Network has appointed Al Anstey as CEO of Al Jazeera America with immediate effect.
Anstey replaces interim CEO Ehab Alshihabi, who was responsible for launching Al Jazeera America in 2013. He joined Al Jazeera in 2005 and has held a range of leadership positions with the organization, most recently serving as managing director of Al Jazeera English (AJE) since 2010.
Previously Anstey was director of news for AJE, in charge of the news division and the editorial content. He was a key member of the start-up team of AJE that designed the editorial vision, recruited editorial staff, and set up its worldwide bureau network.
Under Anstey’s leadership the channel is now accessible to over 250 million households across the globe in over 130 countries.
Anstey said, “I’m delighted to be leading Al Jazeera America into the next stage of its development. The United States is a remarkable country, with amazing people across the nation who are looking for in-depth, trusted, and inspiring stories. I’m also very proud to be able to lead a fantastic team at Al Jazeera America who are dedicated to the highest quality storytelling. I am committed to engaging the team and uplifting our collective ambitions, as a much needed channel for American audiences.”
Al Jazeera America Board of Directors chairman Mostefa Souag added, “As Al Jazeera America moves forward into this new stage of its development, I am confident Al’s leadership will transform the channel’s ability to lead in the US marketplace. His demonstrated success leading Al Jazeera English and his passion for the Al Jazeera brand positions him with the unique ability to undertake the strategic changes needed for the success of the channel. I am extremely pleased at Al’s appointment.”
Anstey has lived and worked in Asia, America, Europe and the Middle East. He started his career as a producer at CBS News, later joining the start-up of Reuters GMTV in the UK, before moving to the start-up of Associated Press Television News, based in New Delhi and Sydney, later taking on the position of Asia Editor for APTN with responsibility for bureaus and coverage across Asia.
Prior to joining Al Jazeera in 2005 he was the head of foreign news at ITN in the UK after many years as their senior foreign editor and spent two years in Washington DC as bureau chief of ITN’s operations in the US.
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.
