News Broadcasting
CNBC Asia Pacific promotes heads of operations and news programming
MUMBAI: CNBC Asia Pacific has promoted Peter Juno to senior vice president and director of operations and Cynthia Owens to senior vice president, news programming. Both Juno and Owens previously held the vice president title in their respective roles.
Juno will be in charge of CNBC Asia Pacific’s operations and engineering requirements and will be based in the business news network’s headquarters in Singapore. He will also be responsible for the overall strategic planning, development and implementation with regard to operational new technologies. Juno will also coordinate the operational requirements between CNBC Asia Pacific and CNBC networks in the US and Europe. His responsibilities include ensuring operational and budget efficiency within the network’s news bureaus in Tokyo and Hong Kong.
Juno joined Asia Business News in 1993 and has been with the station through the merger with CNBC. He was part of the negotiation team in talks between Dow Jones and NBC, the parent companies of ABN and CNBC, prior to the merger.
Prior to his work at Asia Business News and CNBC Asia Pacific, he was with TVNZ/Avalon Studios in New Zealand in various production and technical roles.
Owens, on the other hand, leads CNBC Asia Pacific’s news programming division and is responsible for CNBC Asia Pacific’s news production and presentation, programming format development and newsgathering techniques. She will be based in CNBC’s Asia Pacific headquarters in Singapore.
She has been credited for launching the business news unit for ABC News in New York, organising and coordinating business reporting for World News Tonight with Peter Jennings and for her contribution to other ABC News programmes.
Owens has also worked for Dow Jones & Company as executive producer for Wall Street Journal Television in New York and as deputy news director for WBIS. A print reporter for several years, she has also worked with The Asian Wall Street Journal in Hong Kong and Bangkok, and at Knight Ridder with their Financial News arm in Tokyo as congressional correspondent in Washington DC and as a business reporter in Chicago.
Before rejoining CNBC Asia Pacific, she was vice president of professional channels for iVillage, the largest women’s web portal based in New York.
CNBC Asia Pacific president and CEO Alexander Brown said, “Both Peter and Cynthia have played very significant roles in the growth of the network. Given that we produce 10 hours of live programming every business day, we take pride in the quality, accuracy and presentation of our news output. The number of awards and accolades that our anchors and programmes have received over the years is testament to the hard work and commitment of our staff. These two individuals have led the charge in their respective areas, and their promotions are a reflection of their efforts.”
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.
