News Broadcasting
CNBC chairman Pamela Thomas-Graham joins Liz Claiborne as group presi
MUMBAI: Pamela Thomas-Graham will be stepping down as the chairman of CNBC and will be joining Liz Claiborne Inc. as group president, with responsibility for the company’s flagship Liz Claiborne label as well as other brands.
Thomas-Graham said, “I am delighted to be joining the outstanding management team at Liz Claiborne Inc. This well-respected Fortune 500 company has an enviable track record and has several of the most highly regarded apparel brands in America in its portfolio. I worked with several apparel companies when I was a partner at McKinsey & Company, and joining one of the most successful companies in the industry is an opportunity I could not pass up. In order to accept this challenging new assignment, I am, effective today, resigning my position as Chairman of CNBC. While I look forward to my new responsibilities, I also will miss working with my distinguished colleagues at GE, NBCU and CNBC. These past six years have been extraordinarily fulfilling both professionally and personally. I am proud of all that we have accomplished as a team, and I am particularly grateful to Bob Wright for the opportunity to work with him and for my leadership role at CNBC. I know the network will continue to flourish because of the quality of the team here, which has made CNBC the industry standard for world class business news coverage.”
NBC Universal chairman and CEO Bob Wright said, “While we regret losing Pamela as a colleague, we congratulate her on her new position. As CEO and then Chairman of CNBC, Pamela led the network through a most challenging era in business news reporting. The network has retained its strong profitability, and the CNBC audience continues to be among the wealthiest in all of cable television. During her tenure, the organization successfully built and moved to its new global headquarters, and the network earned its first Peabody Award. Pamela’s talents are many and I have confidence in her ability to succeed in her future endeavors. We all wish Pamela the very best in this exciting career opportunity.”
Thomas-Graham has served as chairman of CNBC since February 2005. Before her promotion to chairman, she served as president and CEO of CNBC for four years. Previously, she was the president and CEO of CNBC.com, the network’s website.
She joined NBC in 1999 from management consulting firm McKinsey & Company, where she was the firm’s first black female partner and a member of its Consumer practice. She is a Phi Beta Kappa graduate of Harvard College, Harvard Business School, and Harvard Law School, where she served as an editor of the Harvard Law Review. Thomas-Graham is the author of three mystery novels published by Simon & Schuster.
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.
