News Broadcasting
CNN announces senior appointments
MUMBAI: CNN International has made two senior level appointments, laying the foundation for future growth and development across CNN’s global network.
Journalist and news programming executive Katherine Green has been appointed to the lead position of senior vice president of CNN International programming. Green, most recently vice president/news director of WTTG/Fox 5 News in Washington, D.C., will be based at the network’s world headquarters in Atlanta. In addition, Mike McCarthy, managing editor for CNN International, has been promoted to the new position of vice president of coverage and feature programming.
In her new role at CNN International, Green will oversee all of the editorial production, program development, network talent and day-to-day operations of CNN International. CNN International executive VP, MD Tony Maddox says, “Katherine brings a unique and formidable track record in programming innovation, a wealth of editorial talent and really exciting ideas to this job. This is one of the key appointments for the international group, and Katherine’s exceptional management skills are what we need as we aggressively move into an era of digital development and growth for the network.”
During a career spanning more than 20 years, Green has been instrumental in launching new and innovative news broadcasts and winning numerous awards, including more than a dozen Edward R. Murrow awards, several Emmy awards and other honors from the Associated Press and other organizations. She has a long track record for both market growth and leadership in various U.S top 10 markets including Washington, D.C, Baltimore, Tampa/St. Petersburg, Fla., and New York.
Green said, “CNN epitomizes global news with a quality and integrity that other networks can only aspire to match. To be able to shape CNN International for the future is a rare opportunity and a challenge I relish.”
For his new role, McCarthy will remain based in Atlanta and will oversee major breaking news and the growing strand of feature programs produced in CNN’s London, Hong Kong and Atlanta production centers. “Mike is an exceptional journalist and newsroom leader, and his promotion solidifies a management team exceptionally equipped to energize our programming and create content not just for television but rapidly growing platforms inside and outside of CNN,” Maddox adds.
McCarthy has served as CNN International’s Atlanta-based managing editor since November 2002. Prior to this appointment, he was senior executive producer for news and business coverage from CNN’s regional production center in London, where he was instrumental in creating CNN International’s feature strand as well as relaunching the European morning wheel of programming with integrated news and business coverage.
McCarthy said, “One of the keys to our success in the future is harnessing the incredible reach of CNN International’s resources to create new and engaging multi-platform programming for an increasingly diverse and sophisticated audience”.
McCarthy joined CNN as a senior producer, business news in May 1999. He previously held the post of deputy programme editor at the London News Network, responsible for London Today and London Tonight.
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.
