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CNN wins two RTNDA 2002 Edward R Murrow awards

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CNN has bagged top honours for continuing coverage and news documentary in the Network Television Division at the US’ 2002 Edward R Murrow awards. 

The Murrow awards, sponsored by the Radio-Television News Directors Association (RTNDA), recognise outstanding achievements in electronic journalism since 1971. This years competition judged 2,303 entries from 511 organisations. The awards ceremony will be held on 7 October in New York City when CNN will be honoured with awards in the following categories in the Network Television Division: 

1. Continuing Coverage: 
’11 September, 2001: Terrorist Attacks’ – CNN is being recognised for its coverage of 11 September events. Coverage included constant news updates from each scene, eye witness accounts, international reports and in-depth perspectives from CNNs top anchors and correspondents around the world. Five hours of non-stop breaking news were anchored by CNNs Aaron Brown and Judy Woodruff.

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2. News Documentary:
‘Beneath the Veil’ – Investigative journalist Saira Shah journeyed to her ancestral home in Afghanistan to look at life under the iron rule of the Taliban. Using secret footage, hidden cameras and with unprecedented access, Shah showed viewers the ruins of Kabul, public executions and the forbidden underground network of women struggling to survive. From the frontlines to the forbidden classrooms, the execution grounds to the ruined gardens of Shahs fathers homeland, this film takes a searing look into the Afghanistan under Taliban rule. 

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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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