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AL Jazeera International ropes in ABC Richard Gizbert to present ‘Listening Post’

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MUMBAI: The soon to launch 24- hour English news and current affairs channel Al Jazeera International has designed a news show Listening Post. The show will be presented by the former ABC news journalist, Richard Gizbert.

A weekly insight Listening Post will bring news from around the world into how the news is handled by the world’s media and assess how news reporting changes depending on where it is coming from. It will monitor and examine all forms of media, all over the world. From the biggest network to the most obscure web bloggers Listening Post will report critically on what they cover – and what they don’t. It will examine the big stories and explain how and why coverage of them differs in different parts of the world, informs an official release.

Listening Post is a fully commissioned jointly owned programme with Moonbeam Films Ltd. As a commissioning house, Al Jazeera International’s programmes will include material gathered from freelancers and independent companies all across the globe through a unique commissioning site: www.ajicommissioning.net

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Gizbert joins Al Jazeera International’s line-up of on-screen talent from ABC News where he worked since 1993. Starting as a correspondent in their London bureau, he has reported abroad on many of the major international stories such as the conflicts in Iraq and the continuing unrest in the Middle East.

Al Jazeera International programme director Paul Gibbs said, “Listening Post is Al Jazeera International’s eyes and ears on the world’s electronic media. It’s a fantastic addition to our line-up of extensive programmes.”

Graduated from Algonquin College in Ontario, Gizbert, previously worked as a correspondent-producer for CJOH-TV in Ottawa, where he produced in-depth features for Sunday Edition, the national current affairs programme. Prior to that, Gizbert was CJOH’s parliamentary correspondent for five years, responsible for national political coverage. For his reporting of a bus hostage situation on Parliament Hill, he received the National Award for Breaking News Coverage.

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From 1983 to 1985, he was a correspondent and political editor for CFTO-TV in Toronto, covering federal politics and co-anchoring special events coverage.

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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.

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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.

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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.

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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.

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