News Broadcasting
CNN announces winners of Asia Pacific Screen Awards
MUMBAI: News broadcaster CNN has announced the winners of the inaugural Asia Pacific Screen Awards at a ceremony on the Gold Coast, Queensland, Australia. Over 500 film industry personalities from the Asia-Pacific region, Europe and the US attended the ceremony.
Films from India, Korea, Indonesia, Japan, Lebanon, Iran, Turkey and Israel received Asia Pacific Screen Awards. Scene By Scene – Best Films Of Asia Pacific airs on CNN on 17 November 2007 at 12:30 pm and 8:30 pm and on 18 November at 12:30 pm.
The awards were determined by an International Jury headed by Indian actress Shabana Azmi.
The best film award was won by Secret Sunshine from Korea. Jeon Do-yeon received the Best Performance by an Actress Award for her performance in the same film.
The best achievement in directing was awarded to Iranian directors Rakhshan Bani-Etemad and Mohsen Abdolvahab for the film Mainline.
Best screenplay was awarded to Feroz Abbas Khan for his screenplay for the Indian film Gandhi, My Father. Khan was on the Gold Coast to accept the Award.
Best children’s film was Denias, Singing On The Cloud from Indonesia. The Award was accepted by producer Ari Sihasale.
Best animated film was won by 5 Centimeers Per Second from Japan. Producer Noritaka Kawaguchi accepted the Award.
Turkish actor Erkan Can won the Best Performance by an Actor Award for his performance in Takva.
Asia Pacific Screen Awards chairman Des Power thanked Azmi and her jury colleagues, founding Director of Korea’s Pusan International Film Festival Kim Dong-ho, Iranian director Jafar Panahi, UK producer Nik Powell and Chinese filmmaker Tian Zhuangzhuang for their deliberations over the past week.
“I am very grateful to the members of the Jury. They have been extraordinarily dedicated to the challenging task of determining the Awards and I am inspired by their commitment to the aims of the Asia Pacific Screen Awards to recognise cultural diversity and acclaim filmmaking excellence across the Asia-Pacific region.
“I congratulate the winners of the inaugural Asia Pacific Screen Awards announced tonight who also inspire with their courage and creative brilliance.”
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.
