News Broadcasting
BBC World Service closes down Tashkent office due to journalist safety concerns
MUMBAI: BBC World Service has announced that its office in Tashkent is being suspended and all local staff withdrawn with immediate effect. The office will remain closed for at least six months pending a decision on its long-term future.
BBC World Service Regional Head, Behrouz Afagh says, “We are doing this because of concerns over security. Over the past four months, since the unrest in Andijan, BBC staff in Uzbekistan have been subjected to a campaign of harassment and intimidation which has made it very difficult for them to report on events in the country.”
In June, BBC World Service correspondent Monica Whitlock was forced to leave Tashkent under Government pressure. A further six BBC staff members in Uzbekistan have subsequently left the country after threats and harassment from the authorities. Two of them have now been granted refugee status by the United Nations.
The decision affects the newsgathering operations of the BBC’s Uzbek, Russian, Kyrgyz and Kazakh Services. “BBC World Service remains committed to covering events in Uzbekistan, and its English language correspondents will continue to seek access to the country and to report on events there as and when they are granted visas.
“The BBC has been based in Uzbekistan for ten years. We were the first and remain the only major international broadcaster to operate there. This reflects our deep commitment to Uzbekistan and our desire to report freely and fairly on all aspects of life in this important Central Asian country. We are confident that our reporters in Uzbekistan are operating to the highest standards of impartial and balanced journalism” added Afagh.
The BBC says that it has had no response to a letter sent from BBC Deputy DG Mark Byford to Uzbek President Karimov. The Uzbek ambassador in London, Tukhtapulat Riskiev, has declined an invitation to discuss the issue with the World Service. He said he was unaware that the BBC was experiencing any problems in Uzbekistan.
Afagh added, “We would welcome firm guarantees from the Uzbek authorities that all BBC staff will be allowed to continue to work without further Government condemnation and interference before we will consider reopening the bureau.”
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.
