News Broadcasting
BBC pulls the plug on cartoon series criticising the Pope
MUMBAI: The BBC has caved to the pressure from different groups regarding its animation series Popetown. The Beeb has decided not to air the series.
Popetown, featuring the voices of comedian Ruby Wax as the pontiff and model Jerry Hall as a fame-hungry nun, was commissioned for the digital channel BBC3. The animation featured corrupt cardinals and an infantile pope who bounced around the Vatican on a pogo stick.
BBC3 controller Stuart Murphy said, “Popetown was a challenging project for BBC3 to undertake. After a lot of consideration and consultation, balancing the creative risk with the potential offence to some parts of the audience, we have decided not to transmit the programme.”
“Despite all of the creative energy that has gone into this project and the best efforts of everyone involved, the comic impact of the delivered series does not outweigh the potential offence it will cause. It has been an extremely difficult and complex decision to make. There is a fine judgement line in comedy between the scurrilously funny and the offensive,” he added.
The decision was supported by BBC television director Jana Bennett. She however added, “Risk taking is a key part of the role of BBC3. Stuart and the channel will continue to break new ground in the notoriously difficult area of comedy. BBC3 is an evolving channel and in its short life has already had real success in breaking strong and distinctive new comedy, such as Monkey Dust, Nighty Night and Little Britain.”
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.
