Cable TV
Bloomberg Television increases distribution in Asia by 47 per cent
MUMBAI: Financial news service Bloomberg has announced that distribution of Bloomberg Television Asia Pacific service has expanded by 47 per cent in the region during the past year. It recently launched in South Korea.
The company says that the growing availability of the channel throughout Asia reflects the region’s surging demand for high-quality, real-time business news. Through alliances with premier global media companies, Bloomberg Television says that it is broadening distribution, reaching a wider audience and solidifying Bloomberg’s position as the leading provider of global news and data.
In Seoul, the channel is now available on the major cable TV systems operated by CJ Cablenet and Areum Broadcasting, and on Korea Telecom’s Mobile PDA video service known as KT Netspot Swing, which is available to 120,000 of its mobile users. Bloomberg’s James Ross says, “Bloomberg Television is the best vehicle for delivering global business TV news to Korean financial professionals. We are working closely with many of the major cable, satellite, and mobile companies to help this market benefit from new technological developments and the gradual change in broadcast regulation in Korea.”
Within the last 12 months, the channel has expanded its reach with additional cable, satellite and mobile systems in Thailand (UBC), Hong Kong (now Broadband TV / Smartone-Vodafone), Vietnam (VCTV), Australia, (Optus TV), Cambodia (PPCTV), Indonesia (Astro), Singapore (Singtel), Malaysia (Celcom) and South Korea (CJ Cablenet, Areum Broadcasting, Korea Telecom).
MUMBAI: When margins wobble, liquidity talks and in Q3 FY25-26, cash did most of the talking. Den Networks Limited closed the December quarter with consolidated revenue of Rs.251 crore, marginally higher than the previous quarter but down 4 per cent year-on-year, even as profitability stayed resilient on the back of strong cash reserves and disciplined cost control.
Subscription income softened to Rs.98 crore, slipping 3 per cent sequentially and 14 per cent from last year, while placement and marketing income offered some cheer, rising 15 per cent quarter-on-quarter to Rs.148 crore. Total costs climbed faster than revenue, up 7 per cent QoQ to Rs.238 crore, driven largely by higher content costs and operating expenses. As a result, EBITDA dropped sharply to Rs.13 crore from Rs.19 crore in Q2 and Rs.28 crore a year ago, pulling margins down to 5 per cent.
Yet, the bottom line refused to blink. Profit after tax stood at Rs.40 crore, up 15 per cent sequentially and only marginally lower than last year’s Rs.42 crore. A healthy Rs.57 crore in other income helped cushion operating pressure, keeping profit before tax at Rs.48 crore, broadly stable quarter-on-quarter despite the tougher cost environment.
The real headline-grabber, however, sits on the balance sheet. The company remains debt-free, with cash and cash equivalents swelling to Rs.3,279 crore as of December 31, 2025. Net worth rose to Rs.3,748 crore, while online collections accounted for 97 per cent of total receipts, underscoring strong cash discipline across operations, including subsidiaries.
In short, while Q3 showed signs of operating strain, the financial backbone remains solid. With zero gross debt, steady profits and a formidable cash war chest, the company enters the next quarter with flexibility firmly on its side proving that in uncertain markets, balance sheet strength can be the best growth strategy.
