News Broadcasting
Al Jazeera International names Rageh Omaar to host ‘Witness’
MUMBAI: Al Jazeera International, the 24-hour English language news and current affairs channel, has named the renowned journalist Rageh Omaar to host a daily documentary strand Witness.
Witness will be what its title implies, a programme of first-hand account. No academics, no commentators unless they are themselves ‘Witnesses’.
The programme will give voice to witnesses from all over the globe, featuring human stories made by storytellers from all walks of life. The documentary Witness will include material gathered from freelancers and independent companies all across the globe through a unique commissioning site www.ajicommissioning.net.
Al Jazeera International director programming Paul Gibbs says, “As the channel’s daily documentary strand, Witness will be the epitome of traditional storytelling with characters that we care about and age old themes presented by internationally renowned journalist Rageh Omaar. We will be unveiling more of our diverse programme offering as we get closer to launch in late Spring of this year,” Gibbs continued.
“It’s hugely exciting to be joining a channel which promises to revolutionise global news and current affairs” said Omaar.
Rageh will continue to make programmes for other broadcasters. Rageh Omaar was most recently BBC News’ Africa correspondent based in Johannesburg. His reporting during the Iraq war made him a household name. Many of his broadcasts were syndicated across the US, where the Washington Post labelled him the ‘Scud Stud’.
Previously Rageh was developing world correspondent for the BBC covering stories ranging from drought in Ethiopia to devastating floods in Mozambique. Prior to that he was Amman correspondent having taken a three-month sabbatical at the University of Jordan to study Arabic. Between 1994 and 1996, he worked as a broadcast journalist for the World Service and then became a producer and reporter for Newshour.
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.
