News Broadcasting
BBC director of television Danny Cohen resigns
MUMBAI: After a stint of eight years, BBC director of television Danny Cohen has stepped from his post to pursue a new leadership challenge.
Cohen will leave the pubcaster at the end of November. BBC controller of entertainment commissioning Mark Linsey will take on his responsibilities until an appointment is made.
Cohen said, “After eight wonderful years at the BBC, it is time for my next big challenge. BBC Television is on brilliant creative form. I feel very privileged to have led television for the world’s finest public service broadcaster and to have worked with so many smart and talented people. In particular, I’d like to thank my fantastic team across BBC Television, all the people who have been involved with making our programmes in the last few years, my colleagues on the Executive Board and Tony Hall, who I admire greatly.”
“In the last few weeks I’ve been approached about a number of exciting opportunities and I want to consider these in an open and transparent way. There has never been a more exciting time for television and digital media. I’m looking forward to taking up a new leadership role in this age of intense creative and technological innovation,” he added.
BBC director general Tony Hall said, “Danny has done an extraordinary job over the last eight years at the BBC. In a world of intense competition and choice, he has further enhanced the BBC’s reputation for quality programming that is full of ambition and creativity. Danny has led the incredible resurgence of drama on the BBC, having commissioned or overseen shows like Happy Valley, Poldark, Last Tango In Halifax, Wolf Hall, Top Of The Lake, Peaky Blinders, Doctor Who and the forthcoming Dickensian and War And Peace. He has also made an outstanding contribution to comedy and entertainment, with shows such as Cradle To Grave, Peter Kay’s Car Share, Strictly Come Dancing, EastEnders and The Graham Norton Show. He also led BBC One’s 2012 London Olympics coverage. That is one hell of a CV.”
“He is one of TV’s great talents. I know everyone who has worked with Danny has huge admiration for what he has delivered for the BBC. I want to wish him well for the future,” Hall added.
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.
