News Broadcasting
CBS lines up biographical mini series on Elvis
MUMBAI: The Viacom owned US broadcast network CBS has announced that a new mini series Elvis will start production in New Orleans in January 2005.
The fact-based drama is about the life of pop icon Elvis Presley. With the full cooperation and participation of the Elvis Presley Estate, his electrifying yet tumultuous story — from his humble beginnings to his meteoric rise to fame — will be told. Presley’s master recordings will be heard in a biographical film for the first time.
The series will see Jonathan Rhys-Meyers Bend It Like Beckham playing the lead role. Emmy and Golden Globe Award winner Camryn Manheim The Practice stars as Gladys Presley;
Elvis Presley’s dynamic life story begins in the state of Mississipi where he was born into poverty to Vernon and Gladys Presley. His looks, talent and moves helped to make him the universally proclaimed King of Rock ‘n’ Roll by the age of 21.
With a sneer on his lips and a swivel in his hips, he burst on the scene with a unique style that provided a catalyst for a revolution in music and popular culture unequaled by any other performer.
His life was shaped by the people closest to him, including his father; his over-protective mother, whom he adored, and his domineering manager, “Colonel” Tom Parker. Although Presley was a sex symbol who made legions of women swoon, his personal liaisons, including his relationships with the actress Ann-Margret and his young bride Priscilla, were troubled. Known the world over by his first name, he is regarded as one of the most important figures of the 20th century. Presley died at the age of 42
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.
