News Broadcasting
BBC Japan to go off air from 30 April
MUMBAI: BBC Japan will cease transmission from 30 April. The reason for the channel’s shutdown, barely two years after launch is because local distribution partner Japan MediArk Co (JMC), has declared its inability to financially support the channel any longer.
Launched in 2004, BBC Japan was the second channel designed exclusively for one country. Prior to this, BCC Worldwide had launched BBC America in 1997.
According to information posted on www.bbcjapan.tv, BBC Worldwide has received a notification from JMC that it no longer has the financial means to honour its contractual commitments to distribute BBC Japan.
The JMC’s shareholders will not be providing any further financial support. This decision results in JMC no longer being able to continue distribution of the channel after 30 April.
The statement posted on the website also stated that this decision has been taken without any consultation with BBC Worldwide and is beyond the corporation’s control. The corporation is actively seeking alternative ways to continue to provide the service in Japan.
BBC Worldwide managing director Darren Childs said, “We are extremely disappointed to announce that, due to the apparent decision of the JMC shareholders to no longer support JMC, BBC Japan may have to end transmission.”
“We are looking to replace the channel in the market as soon as possible, and hope to announce shortly how BBC Japan’s loyal customers will be able to receive the channel in the future. In the meantime, we extend our sincere apologies to subscribers of the channel who have been inconvenienced by the decision of JMC,” he adds.
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.
