News Broadcasting
Cartoon Network goes the live action way with its first original TV movie ‘Re-Animated’
MUMBAI: Cartoon Network has announced the completion of principal photography on its first original live-action television movie, Re-Animated, which will combine elements of live-action and animation.
When we decided to venture into the territory of live-action we knew it was going to have to be an event like nothing we’ve ever done before,” said Cartoon Network senior vice president, programming and development Michael Ouweleen.
“And even though we are featuring live-action characters, it still had to be done the Cartoon Network way. Re-Animated has proven to be that kind of project,” Ouweleen added.
The project, about a 12-year-old boy whose life is turned upside down after an accident at an amusement park, was announced in March at a Cartoon Network presentation and is currently in post-production with a premiere date yet to be determined, informs an official release.
Dominic Janes (Alex Taggert on ER) stars as 12-year-old Jimmy Roberts, who while visiting the famous Gollyworld Park, has an accident with the park trolley that requires an emergency brain transplant. Gollyworld doctors give him the frozen brain of the famous cartoonist Milt Appleday (comedy veteran Fred Willard), which enables Jimmy to see a whole world of cartoon characters who turn his life upside down wherever he goes.
Re-Animated is created and written by Adam Pava and Tim McKeon, who were writers on Cartoon Network’s hit series Foster’s Home for Imaginary Friends and The Life & Times of Juniper Lee. The film is directed by New York-based filmmaker Bruce Hurwit. The film is a Renegade Animation, Appleday Pictures, and Cartoon Network production.
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.
