News Broadcasting
BBC. HBO to collaborate on ‘Tsunami’ drama
MUMBAI: Following the success of Rome, the BBC and HBO will collaborate on a two part drama that deals with the tsunami tragedy and the events that followed.
Tim Roth, Toni Collette, Sophie Okonedo are among the actors that will star. The drama will focus on the aftermath of the cataclysmic natural disaster.
Developed and written by Abi Morgan, Tsunami is a Kudos production for BBC Two and HBO Films and will air later this year.
A tale of personal loss, Tsunami follows a group of fictitious characters whose lives are irrevocably transformed by the natural disaster. Based on extensive research and interviews, the drama explores how governments, the media and aid agencies respond, when without warning, they are tested by a natural disaster of this scale.
The drama will also tackle the relationship between mankind and nature.
Kudos has been collaborating with local communities and the piece will feature a variety of locations and landmarks affected by the tsunami. Filming on location in Phuket and Khao Lak has commenced.
BBC controller of drama commissioning Jane Tranter says, “A thought provoking drama of loss, survival and hope, Tsunami is another example of BBC Drama’s commitment to deliver ambitious and distinctive projects that reflect the world in which we live by delving into the headlines and revealing the stories behind them.”
Kudos executive producer and joint MD Jane Featherstone says, “The catastrophic events of Boxing day 2004 had a profound and lasting effect on people across the globe. Through meticulously researching real life events, real people and working closely with the survivor groups Abi has written a wonderful, powerful drama that purposely asks what mankind can learn from the event, as well as reflecting on the far reaching emotional and political repercussions of that fateful day.”
BBC Two controller Roly Keating says, “It is a tribute to the power of Abi’s writing that such an extraordinary cast has come together for this important TV event.”
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.
