News Broadcasting
CBS announces mobile tie up with Verizon
MUMBAI: US broadcaster CBS’s shows CBS News, CSI, Survivor, David Letterman and Entertainment Tonight are coming to Verizon Wireless V Cast phones in the US this month.
CBS Digital Media VP wireless Cyriac Roeding says, At the intersection of the mobile phone and the television lies tremendous programming, promotion and brand extension potential. This deal with Verizon Wireless represents a major step for us into mobile entertainment and another point of contact with the consumer to promote our great content brands.V Cast is a pioneer service in wireless video, which makes it an ideal platform to launch our content into the mobile world.
This marks CBS first venture as far as presenting its content on cell phones is concerned.
Throughout December, V Cast subscribers will begin receiving video news segments from both CBS News and Paramount TVs Entertainment Tonight produced specifically for mobile phones as well as preview clips of shows like CSI, The Amazing Race, The King of Queens and Late Show with David Letterman.
The CBS News segments for V CAST will include breaking stories, as well as features from broadcasts such as CBS Evening News and The Early Show.
V Cast from Verizon Wireless claims to be the first wireless broadband consumer multimedia service in the US. It allows customers to view video clips on demand. V Cast runs on Verizon Wireless high-speed wireless broadband network Evolution-Data Optimised (EV-DO) . The V Cast coverage area, which mirrors the Verizon Wireless EV-DO network, is available to more than 140 million Americans.
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.
