News Broadcasting
B4U set for launch on 6 May
B4U, the music channel, which is making a hard play at finding its place in the crowded channel bazaar in India, is slated to debut tomorrow, 6 May. The satellite: PAS-4. The service: digital and free to air.
The channel is starting with an eight hour original programming band, to be expanded to 12 hours in the not too distant future. Distribution is in the hands of Modi Entertainment Network,which is distributing the three other channels in the B4U bouquet, FTV, MCM and B4U Movies (to be launched in the next two months).
The Benjamin digital receivers which cable operators need to to receive the service are being given away on payment of a Rs 3,000 deposit with the monthly rental being Rs 250. Gupta says they can be bought outright on payment of Rs 13,000.
B4U CEO Ravi Gupta says the music channel’s purpose is to promote its movie channel. Nevertheless, his target is to get B4U Music into 50 per cent of all Indian cable and satellite homes, that is about 14 million. He points that reports are that B4U is available in 60 per cent of all cable and satellite home in the metros, even before its official launch. “Tests have been on for 10-12 days,” he points out.
The veejay line up is believed to have some former Channel V veejays, apart from some new and young faces.
What chances does it have despite its late entry? The regular Indian urban TV viewing home already receives six music channels: Channel V (in the guise of a youth channel), etc, MTV, Music Asia, Channel Oxygen and ITV. The last two are request channels operated by local cable operators.
Gupta says that the channel is differently positioned as compared to the other channels. “Our Bollywood songs will be whole and not just clips. This apart, we are simply not Bollywood. We have Indipop and fusion music not just from India but from all over the world,” says Gupta. “But our plus point is our packaging; it helps us stand out from the rest.”
The launch ads, however, are emblazoned with leading Bollywood stars like Govinda and Sunjay Dutt. The ads have stars exhorting them to watch them on B4U Music.
” B4U Music is designed to appeal to those individuals who are young at heart,” says Gupta.
The B4U bouquet has backing from four heavyweights: Kishore Lulla (who is the chairman, and also runs movie rights owner Eros), Bharatbhai Shah (who is heavily into Bollywood productions and is also in the diamond trade), Gokul Binani (a metals businessman) and L.N. Mittal (a steel manufacturer and trader).
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.
