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CNN travels to Dubai next month

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MUMBAI: News broadcaster CNN anchor Hala Gorani hosts the special Inside The Middle East from Dubai in December as she takes viewers on a journey to Lebanon and Tunisia to meet a singing legend and one of the most prolific film producers from the Middle East. The special airs on 2 December 2006 at 2 pm, 8 pm, 3 December at 6 pm and on 7 December at 8 pm.

In Beirut, CNN correspondent Brent Sadler meets 82-year old tarab singer, Nahawand, one of the most elderly performers in the Middle East. Twice a week she rocks her audiences in the aisles of Music Hall, a trendy Beirut nightclub where the Lebanese glitterati dance on tables to the powerful voice of ‘the nightingale’. Now, with age, she suffers mentally but never forgets her lyrics. Her doctors remark that this frail woman in her trademark black suit and red scarf literally lives to sing, and that those few minutes on stage every week may be her motivation to stay alive.

Gorani then explores the history of Western film production in Tunisia, where much of the country’s movement can be attributed to Tunisian-born Tarak Ben Ammar, who is today a major international film broker and movie producer. Currently producing the upcoming ‘Hannibal Rising’ movie, he also took part in producing popular films like ‘Star Wars’ and the ‘Raiders of the Lost Ark’ movies. Ben Ammar shows INSIDE THE MIDDLE EAST around his magnificent Greco-Roman film set north of Tunis, revealing how he convinced Hollywood legends Steven Spielberg and George Lucas to shoot their movies in his native Tunisia, helping transform the small North African country into one of Hollywood’s favourite film sets.

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The show also looks at a specific problem affecting life in the Middle East: iodine deficiency disorder. Just a pinch of iodised salt with a meal is known to be enough to eliminate the primary cause of preventable learning difficulties and brain damage. But mental retardation, dwarfism and speech defects due to IDD have yet to be eliminated in the region despite efforts to get salt producers to add iodine to their product. In Egypt’s rural Nile Delta, the show looks at one anti-IDD programme targeting babies that is proving successful and follows an Egyptian health minister in his battle against IDD as he seeks to rid the souks, shops and stores of illegally produced, un-iodised salt.

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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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