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CNN looking for ‘Super Fans’ for soccer World Cup

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MUMBAI: With less than three months for the 2010 soccer World Cup to kick off in South Africa, CNN International is signing up a global army of football fanatics to become ‘Super Fans’.

Tapping into CNN’s iReport community, the network is inviting passionate football fans around the world to submit videos outlining why they should be considered a ‘Super Fan’. Whether they are planning to cheer from the stadiums across South Africa, their local sports bars and pubs or are armchair pundits watching from their homes, all they need to do is have a passionate opinion about football and record a short video which needs to be submitted to www.cnn.com/ireport.

CNN says that it wants to hear about the impact of the World Cup in every competing country and the selected ‘Super Fans’ will appear on air on CNN International and online at www.cnn.com/superfans over the coming weeks and months as the world counts down to 11 June. In India, the event will air on ESPN Star Sports.

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One can visit www.cnn.com/worldcup for an overview of CNN’s coverage of the 2010 Fifa World Cup including the latest football headlines; interviews with top players and coaches; a panoramic view inside Soccer City Stadium; a guide to all of South Africa’s World Cup venues; updates from the host country; and quizzes to test World Cup knowledge.

One can also, follow CNN’s World Cup team on Twitter at www.twitter.com/WorldCupCNN to receive updates on teams and footballers plus information about CNN’s on-air and online coverage of the 2010 Fifa World Cup South Africa.

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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.

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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.

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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.

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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.

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