News Broadcasting
BBC looks to take hit comedies to big screen
MUMBAI: UK pubcaster the BBC is looking to turn its comedy shows into feature films. Kenton Allen, an Oscar-winning producer who produced this year’s Academy award winning short film Six Shooter will lead the development initiative for the comedy department that produces shows like Little Britain, Extras, Ideal and Funland.
Alongside exploring the potential to develop existing brands into feature films, Kenton Allen and the Comedy team will also work with a wide variety of writers and writer/performers to develop feature films. Allen said, “Many of the comedy talent we work with ultimately want to paint on a bigger canvas, and this relationship with BBC Films means that we can now offer them that opportunity.
“From initial development in Radio and the Internet, through Television and on to Film, BBC Comedy can offer the best comedy talent the best possible development path for their work.
“BBC Comedy has a fine tradition of developing iconic comic voices from Ronnie Barker to Ricky Gervais and I’m confident that this opportunity will lead to some truly original film making.”
BBC Films head David Thompson said: “I am very excited about working with Kenton and The BBC Comedy team. Comedy is very much a target area for us at the moment, with several interesting projects in development, the recent successful releases of Debbie Isitt’s Confetti and Michael Winterbottom’s A Cock & Bull Story.”
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.
