Cable TV
Banff to focus on digital media with sister event nextMedia
MUMBAI: Recognising that new media platforms is an invaluable part of todays television industry, the Banff World Television Festival in Canada has ramped-up the programme for its lead-in, sister conference, nextMedia 2006.
The aim is to offer delegates an all-encompassing experience. nextMedia from 9 to 11 June will deliver the latest information on cutting-edge multi-platform distribution and content. This will be followed by Banff 2006 from 11 to 14 June.
Set amid the Canadian Rockies at the Fairmont Banff Springs in Banff, Alberta, this years nextMedia is a three-day event, featuring keynotes, international panels, best practices, case studies, as well as pitching and networking events. All these will focus on the future of digital content.
This years theme focusses on digital content that is seamlessly integrated into our lives and distributed across multiple media platforms. nextMedia will also offer attendees an insight into the future of television, providing an essential companion to the Banff World Television Festival.
Achilles Media CEO Robert Montgomery who is producing the event says, “nextMedia is on the pulse of emerging technologies and the future of digital content on such mobile channels as mobile internet, videophones and other handheld devices. The nextMedia/ Banff 2006 coupling is a must-attend for all television industry executives interested in staying up-to-date on such advanced media distribution platforms and their expanding markets and audiences.”
nextMedia 2006, now in its second year, has bolstered its offerings to include these new highlights:
– Digital Delivery Briefings with content aggregators
– Interactive Exchange Sessions with broadcasters, CEs and TV executives
– The Digital Deli a working lunch for content creators, where delegates learn how to repurpose and sell their content
– The Market Place a delegate lounge with screening facilities and market kiosks.
MUMBAI: When margins wobble, liquidity talks and in Q3 FY25-26, cash did most of the talking. Den Networks Limited closed the December quarter with consolidated revenue of Rs.251 crore, marginally higher than the previous quarter but down 4 per cent year-on-year, even as profitability stayed resilient on the back of strong cash reserves and disciplined cost control.
Subscription income softened to Rs.98 crore, slipping 3 per cent sequentially and 14 per cent from last year, while placement and marketing income offered some cheer, rising 15 per cent quarter-on-quarter to Rs.148 crore. Total costs climbed faster than revenue, up 7 per cent QoQ to Rs.238 crore, driven largely by higher content costs and operating expenses. As a result, EBITDA dropped sharply to Rs.13 crore from Rs.19 crore in Q2 and Rs.28 crore a year ago, pulling margins down to 5 per cent.
Yet, the bottom line refused to blink. Profit after tax stood at Rs.40 crore, up 15 per cent sequentially and only marginally lower than last year’s Rs.42 crore. A healthy Rs.57 crore in other income helped cushion operating pressure, keeping profit before tax at Rs.48 crore, broadly stable quarter-on-quarter despite the tougher cost environment.
The real headline-grabber, however, sits on the balance sheet. The company remains debt-free, with cash and cash equivalents swelling to Rs.3,279 crore as of December 31, 2025. Net worth rose to Rs.3,748 crore, while online collections accounted for 97 per cent of total receipts, underscoring strong cash discipline across operations, including subsidiaries.
In short, while Q3 showed signs of operating strain, the financial backbone remains solid. With zero gross debt, steady profits and a formidable cash war chest, the company enters the next quarter with flexibility firmly on its side proving that in uncertain markets, balance sheet strength can be the best growth strategy.
