News Broadcasting
BBC’s top brass walk the plank over botched Trump edit
TOKYO: The BBC lost both its director-general and head of news on Sunday in an extraordinary double resignation that followed a week of withering accusations the broadcaster had doctored footage of Donald Trump to suggest he explicitly encouraged the January 6th 2021 Capitol riot.
Tim Davie, who led the corporation for five years, and Deborah Turness, chief executive of news for the past three years, fell on their swords after a leaked internal memo revealed that a Panorama documentary broadcast a week before last year’s American election had spliced together two sections of Trump’s speech from that day—delivered more than 50 minutes apart.
The edit made it appear Trump told supporters: “We’re going to walk down to the Capitol and I’ll be there with you. And we fight. We fight like hell.” What he actually said was: “We’re going to walk down to the Capitol, and we’re going to cheer on our brave senators and congressmen and women.” The “fight like hell” line came from a separate section about election integrity. Trump used the word “fight” 20 times in the speech.
Davie insisted his departure was “entirely my decision”, telling staff: “Overall the BBC is delivering well, but there have been some mistakes made and as director-general I have to take ultimate responsibility.” He added that the “current debate around BBC News” had contributed to his decision, and said he wanted to give a successor time to shape charter plans before the 2027 renewal.
Turness was more direct. “The ongoing controversy around the Panorama on President Trump has reached a stage where it is causing damage to the BBC—an institution that I love,” she wrote. “As the chief executive of BBC News and Current Affairs, the buck stops with me.”
The leaked memo, compiled by Michael Prescott, a former independent adviser to the BBC’s editorial standards committee who quit in June, claimed the broadcaster’s “distortion of the day’s events” would leave viewers asking: “Why should the BBC be trusted, and where will this all end?” According to the Telegraph, which broke the story, managers “refused to accept there had been a breach of standards” when the issue was raised.
The document also flagged “systemic problems” of anti-Israel bias in BBC Arabic’s Gaza coverage and alleged that coverage of groups campaigning for single-sex spaces had been suppressed by staff hostile to the transgender debate.
Trump, naturally, gloated. He called Davie and Turness “very dishonest people” and accused them of trying to influence an American presidential election. “On top of everything else, they are from a Foreign Country, one that many consider our Number One Ally. What a terrible thing for Democracy!” his social media post read. Press secretary Karoline Leavitt had earlier branded the BBC “100 per cent fake news” and a “propaganda machine.”
British culture minister Lisa Nandy called the allegations “incredibly serious”, saying there was “systemic bias in the way that difficult issues are reported at the BBC”. She thanked Davie for leading the broadcaster through “a period of significant change”. Sources said the BBC board was stunned by his decision. He will stay on for several months whilst a replacement is found.
The departures cap a bruising period for the broadcaster, which has lurched from scandal to scandal. It suspended star sports presenter Gary Lineker for criticising government immigration policy, prompting a brief walkout by sports staff. It was condemned for broadcasting punk-rap duo Bob Vylan chanting against the Israeli military at Glastonbury. It pulled a Gaza documentary because it featured the son of a Hamas deputy minister. Last week it upheld 20 impartiality complaints after presenter Martine Croxall altered a script about “pregnant people” live on air.
The BBC, funded by a compulsory licence fee that every television-watching household must pay, has long been pilloried by both left and right. Critics on the right see it as a hotbed of liberal bias; critics on the left accuse it of kowtowing to the establishment. Nigel Farage, leader of the hard-right Reform UK party, which is surging in opinion polls, welcomed Davie’s departure. “This is the BBC’s last chance,” he said on X. “If they don’t get this right there will be vast numbers of people refusing to pay the licence fee.”
The BBC board, led by chairman Samir Shah, now faces the task of finding the corporation’s 18th director-general in its 103-year history. Names rumoured as contenders include Charlotte Moore, the recently departed chief content officer who oversaw hits like The Traitors and Happy Valley; Jay Hunt, one of Britain’s most experienced television executives; and James Harding, who ran BBC news from 2013 to 2018.
With charter renewal looming in 2027, streaming competitors circling, and trust eroding, whoever takes the job inherits a poisoned chalice. Davie, nicknamed “Teflon Tim” for his ability to survive past scandals, discovered even he had his limits. Whether his sacrifice buys the BBC breathing room or merely delays a reckoning remains to be seen.
(Pix courtesy BBC corporate web site)
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.
