News Broadcasting
CNNMoney expands globally; Richard Quest named editor-at-large
MUMBAI: CNN Worldwide has expanded its CNNMoney brand internationally, across both TV and digital, to provide consumers with business and financial news and analysis. With the addition of staff in Hong Kong, New Delhi, London, and Dubai, CNNMoney will launch new franchises, series, features and reporting tailored directly to the regions and audiences it covers.
“By uniting our portfolio of US and international business reporting under the CNNMoney brand, we now offer an even more compelling product to globally-minded consumers hungry for a smart, accessible business and financial news experience – everywhere in the world,” said CNN International general manager and senior vice president Mike McCarthy.
The venture will tap the talents like Richard Quest, Nina dos Santos and Maggie Lake whose programs will represent CNNMoney on television. Quest will now serve as editor-at-large for CNNMoney and will pen a global daily newsletter “CNNMoney Presents: Quest Means Business,” timed to the open of the Asia markets.
“CNNMoney is an important and unique business offering for the Asia-Pacific market that already resonates with a core premium audience,” said CNN International advertising sales Asia Pacific VP Sunita Rajan. “This global expansion will amplify that engagement and attract a wider audience who want business at their fingertips. The synergy between the influential CNNMoney brand and journalistic excellence creates a compelling advertising proposition and something our clients are genuinely excited about.”
Coverage from CNNMoney will span Asia, Europe, the Middle East, Africa and Latin America. It will focus on global markets and the economy, business strategy, corporate leadership, global brands, business travel, lifestyle and luxury, as well as industries such as auto, energy and technology.
Also joining the CNNMoney roster are Andrew Stevens, Asia Pacific editor based in Hong Kong; John Defterios, Emerging Markets editor based in Abu Dhabi; Eleni Giokos, Africa business correspondent based in Johannesburg; and Samuel Burke, CNNMoney business correspondent based in New York. The multi-platform editorial teams will be led by Penny Manis, director of global business news programming based in New York, and CNNMoney International managing editor Mark Thompson, who is based in London.
The global initiative will also expand CNNMoney’s data-driven storytelling and digital war rooms to international bureau, arming reporters with the most advanced tools and analytics available to drive and react to stories in the global marketplace.
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.
