News Broadcasting
CNN swims the seas this Summer with new show
MUMBAI: With a view to expanding its repertoire as news broadcaster, CNN will flag off a show for sailing enthusiasts.
The monthly show Mainsail debuts on on 20 June at 6 pm.
Hosted by Liz George, it will offer viewers the latest from the leisure, travel, technology and business aspects of the sport and information on the latest major races and regattas around the world. The show will also have features on the thrills of sailing and the endeavours of some of the world’s greatest sailors.
The first edition of Mainsail is shot on the Spanish island of Mallorca. Spain will become the center stage of the sailing world by hosting the first ever America’s Cup in Europe in 2007. It will also play host to the Volvo Ocean Race that kicks off in Galicia in September.
Besides its famous sailors, Spain hosts the PalmaVela Maxi Yacht regatta in Palma de Mallorca where business executives and weekend sailors get together. They compete on ‘Wally Yachts’ that combine high style, speed, comfort and modern technology.
Mainsails will include a profile of L’Oreal CEO Lindsay Owen-Jones. He owns and is the captain of one such Wally named Magic Carpet 2. He tells George how he has taken his boardroom success and applied it to water sports, likening the profile of a CEO to that of a yacht skipper.
In terms of destinations for sailing, Mallorca is rare because has managed to become upmarket from just package tourism. It has now become a luxury destination for wealthy sailors. The show looks at how sailing has played an integral role in bringing new money to Mallorca.
Other features of the show include a look at one of sailing’s perennial challenges. This is the art of to keep an eye on your boat when you are not there. Thanks to the combination of the Internet and small video cameras, a yacht owner can now keep tabs on his boat from a computer.
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.
