News Broadcasting
Bloomberg Television expands presence in Taiwan
TAIWAN: Bloomberg Television is set to boost distribution in Taiwan through a partnership with the ERA Group to provide regional and international finance news, information and analysis to the Group’s 24-hour cable TV news channel, ERAnews.
The agreement gives Bloomberg Television access to Taiwan’s 5.2 million cable households, in the key morning financial news slot of 6am to 8am (Taiwan time), seven days a week. During weekday mornings, ERAnews will broadcast Bloomberg Television’s market-moving Bloomberg International and Moneycast Asia programmes. A strong line-up of international weekend money programmes will ensure weekend viewers get their finance fix.
Bloomberg Television will also be streamed over ERA Group’s Taiwanese broadband service, IDTV, which is a joint venture with Pacific Century Cyberworks Limited (PCCW).
In addition to the programming partnership, ERAnews will be using Bloomberg’s news and data within its own programmes to keep viewers on top of the latest global financial market developments.
Bloomberg Television’s Asia-Pacific distribution manager, Bill McHugh said, “Our agreement with ERAnews and the rapid growth we have experienced throughout the Asia-Pacific region is testament to the importance audiences are placing on receiving up-to-date and in-depth global business news reports. The morning time-slot is a key tune-in time for Asia’s finance professionals as it enables them to catch up with the close of the US markets and provides the information they need to prepare for the business day ahead.”
The ERA agreement comes on the back of Bloomberg Television’s announcement last month that it had been awarded one of only two licence applications this year to broadcast on the Chinese government-run direct-to-home satellite TV platform.
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.
