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Classic TV show ‘Fraggle Rock’ to make the transition to the big screen

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MUMBAI: The Jim Henson Company now confirms what millions of internet fans have speculated.

The company is developing a film about the Fraggles, stars of the 1980’s television show Fraggle Rock. In India the show used to air on Doordarshan.

The untitled film will for the first time take Gobo, Wembley, Mokey, Boober and Red on an adventure outside of Fraggle Rock where they will interact with the strange beings in “outer space” (also known as humans). The treatment is being written by author Ahmet Zappa who will also executive produce the project with Brian Henson and Jason Lust. Jim Henson Company co-CEO Lisa Henson will produce.

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Henson said, “Fraggle Rock has remained a favorite project at our Company and has certainly continued to be loved by its many devoted fans. So we are thrilled to begin work on this project. With its message of celebrating diversity and its ambitious goal of promoting world peace, now is the perfect time to embark on a new Fraggle adventure.”

Zappa says, “I’m very excited to be working with The Jim Henson Company on this project. So much of my childhood was spent watching Fraggle Rock. I never missed an episode. I am also really looking forward to using music to tell the story; it played such a central role in the original series and truly helped create the Fraggle Rock that we know and love today.”

Fraggle Rock premiered on HBO in 1983 and over five seasons garnered multiple awards and a global fan following. The show was created by Jim Henson as an international co-production and was adapted for each territory to meet the needs of its audience. By showing cooperation and conflict resolution among the different inhabitants of the Rock (the Fraggles, the Doozers and the Gorgs), the show taught the concepts of mutual respect and peace.

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Recently, devoted fans petitioned online for a DVD release of the series. The season one box set exceeded expectations and its incredibly strong consumer response led to the successful season two release.

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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.

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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.

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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.

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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.

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