News Broadcasting
CNN Intl makes correspondent, anchor appointments
MUMBAI: CNN International has appointed three new international correspondents in London, Bangkok and Tokyo as well as a new London-based anchor.
The broadcaster has hired multilingual TV anchor Andrea Sanke to join the London network as a news and business anchor. Sanke begins broadcasting in July. For the past four years Andrea has been presenting Deutsche Welle TV’s weekly business magazine Made in Germany, as well as The Journal, a half-hour, news programme.
Meanwhile Paula Hancocks, recently deployed to cover the ongoing Israelis/Palestinian conflict, has been promoted from producer/reporter to full-time video correspondent.
Based out of the network’s regional headquarters in London, Hancocks joined CNN six years ago as an intern and has worked her way up through various programme production responsibilities in London to her most recent post.
Also taking on the role of video correspondent is Aneesh Raman, who will be based in Bangkok, Thailand. Raman brings with him the experience of digital editing and filming as well as strong editorial skills from his current position as a assignment desk editor based in Atlanta.
Atika Shubert currently a Tokyo-based correspondent for CNN, has been appointed as the full-time correspondent in Japan. From her current base in Jakarta, Indonesia, Shubert has, during the last four years, reported extensively on the increased terrorist activity in the region.
Talking about these new appointments CNN International MD Chris Cramer added, “These new positions reinforce CNN’s commitment to hiring and deploying highly energised and talented correspondents and anchors. Their enthusiasm and agility in their new roles will further enhance our global newsgathering and anchor teams.”
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.
