News Broadcasting
Bertelsmann reports strong growth in first-quarter revenues
MUMBAI: International media company Bertelsmann recorded considerable growth in its revenue and operating results for the first quarter of 2006.
Consolidated revenues rose by 17.3 per cent to €4.5 billion, versus €3.8 billion in the first three months of 2005. Bertelsmann achieved growth both in its European core markets and in the US.
An essential contributor to this positive performance were the acquisitions made in 2005, which were not yet consolidated in the first quarter of 2005. Adjusted for portfolio and currency effects, revenue was up by 4.5 per cent. Operating EBIT grew by 35.2 per cent to €215 million (2005: €159 million), an increase that is attributable to positive business performance in the divisions. Bertelsmann confirms its forecast of a significant year-on-year improvement in revenue and result for fiscal year 2006.
Bertelsmann’s CFO Thomas Rabe said, “Bertelsmann got off to an excellent start this year. The record first-quarter results continue the positive business development of 2005. Building on this strong foundation, Bertelsmann is well-equipped to meet the challenges of the future. We will pursue outside opportunities and continue to rely on healthy core businesses, systematic acquisitions and expansion to new markets.”
Net income nearly doubled year on year, reaching €90 million after €48 million in the first quarter of 2005. Investments during the first quarter of 2006 amounted to €309 million (2005: €200 million). Economic debt at 31 March 2006 was €3.9 billion as expected (31 December 2005: €3.9 billion). The number of employees increased to 89,409 (31 December 2005: 88,516).
News Broadcasting
CNN-News18 to air live counting day coverage for five state election results on May 4
The channel is rolling out its biggest election coverage machinery yet for results day on 4th May
NOIDA: The votes have been cast. Now comes the reckoning. CNN-News18 is pulling out all the stops for results day on 4th May, when counting begins across five battleground states — West Bengal, Assam, Kerala, Tamil Nadu and the Union Territory of Puducherry — in what promises to be one of the most closely watched electoral verdicts in recent memory.
The channel’s coverage, titled Battle for the States: The Verdict, kicks off at 7am and runs through the day across linear TV, connected television and YouTube. It is the culmination of CNN-News18’s multi-format editorial initiative, Battle for the States, which has tracked the polls from the beginning under the theme Road to Power.
At the operational heart of the coverage will be the Live Results Hub, the channel’s central command centre built to collate, verify and process real-time data flowing in from reporters stationed at counting centres across constituencies. The hub combines newsroom intelligence, analytics and on-the-ground reporting to deliver what the channel promises will be the fastest and most accurate results coverage in English news.
Leading the on-air charge will be primetime anchors Rahul Shivshankar, Anand Narasimhan, Aman Sharma, Nabila Jamal and Shivani Gupta. They will be joined by a wide panel of commentators including author Chetan Bhagat; GVL Narasimha Rao, senior leader of the BJP; Smita Prakash, editor of ANI; activist Saira Shah Halim; political analyst Sumanth C Raman; Abhijit Iyer Mitra, senior fellow at IPCS; Amitabh Tiwari, founder of VoteVibe; columnist Abhijit Majumdar; Nalin Mehta, managing editor of MoneyControl; political analyst Tehseen Poonawalla; senior journalist Subir Bhaumik; and political analyst Manojit Mandal.
Shivshankar, who serves as editorial affairs director at CNN-News18, set out the stakes plainly. “Counting day is one of the most watched events in the electoral cycle, where speed and credibility are tested in real time,” he said. “Battle for the States: The Verdict is built on that promise, combining ground reporting, sharp analysis and cutting-edge election technology to give viewers the clearest and fastest route to the verdict. On May 4, CNN-News18 will once again be the nation’s most trusted channel to witness democracy in action.”
Smriti Mehra, chief executive of English and Business News at Network18, framed the coverage in broader terms. “Elections are defining national events, and audiences turn to brands they trust in moments that matter,” she said. “CNN-News18 has consistently led from the front in every election coverage, and this special programming reflects the scale of our ambition and editorial strength.”
The channel has form here. It claims to have been India’s most preferred English news destination for election results for the past 20 years, covering everything from the 2024 general elections to the Delhi, Maharashtra, Bihar and BMC polls on the back of what it calls an “Always First, Always Right” record. Five states, one day, and a nation waiting for answers. The clock starts at 7am on 4th May.
