News Broadcasting
Critically acclaimed ‘Babel’ to be simultaneously released in India
MUMBAI: The Brad Pitt, Cate Blanchett film Babel, which premiered at the Cannes Film festival in France this year and won three awards there including one for the director will be simultaneously release in India along with the US in the mid-week of July.
E-City films, which has distributed critically acclaimed films in the past like Million Dollar Baby and A History of Violence will release the film.Babel is the final chapter in the trilogy after the much-acclaimed Amores Perros and 21 Grams for Mexican director Alejandro Gonzalez Inarritu. The movie recently became a hot topic of discussion when imdb.com mentioned Shilpa Shetty and Mahima Chaudhry’s name in the film’s cast, even though they weren’t working on the movie.
The title of the movie refers to the tower of Babel in the ancient town of Babylon, where humans thought they were gods and could reach the heaven without God. The film explores the subject of relationships and plays around the themes of love in adversity. It revolves around four interweaving stories set in Morocco, Tunisia, Mexico and Japan.
At the press conference for the film at the Cannes Film Festival last month Iñárritu dwelt on the film’s title saying, “Babel, we think about man building this tower and trying to arrive to the sky and be gods. And then God got angry and he created these different languages. And that’s the reason we are talking so many languages all over the world. For me that’s not the problem, I think that language can be very easy to break.
“For me, I think the problem is the ideas and preconceptions that we have that really keep us apart. That’s what the film’s about. And at the same time, I want this film to be basically about what separates us and what brings us together. I think that’s the key element: What makes us the same people living in the world and not what are our differences. Which ones are the similarities and I hope this film communicates that.”
As far as the film’s message is concerned he says, “I don’t know if it’s an x-ray of the world because that’s too ambitious, but I tried to show what is going on with us at the moment. We see the “other” as always abstract, so that to be different means to be dangerous and not able to understand the other. This is happening not only country between country, but against fathers, against sons, against husband.
“We are not able to listen anymore. I want to talk about that, the borders within our souls: our preconceptions of our fathers, the archetypes we have from religions, races, cultures. I tried to make a film that talks about prejudice without being prejudice.
“Seeing a film is very a fragmented emotional experience. At this time, I didn’t want to play with that. I wanted to be more linear so that people wouldn’t feel distracted by the film’s structure and just let them flow with the emotion of the film.”
Blanchett said, “This film is all about connections between parents and children, which I think so many of us understand. It felt very personal for me as well as for Alejandro. Being a parent, when you see a child in danger, particularly with an irresponsible nanny, it engages me, it’s like pulling the roots of my system out. It’s very distressing.”
About the experience of working with Brad Pitt the Australian Oscar winner said, “It is like chocolate. He’s glorious and wonderful. We have been wanting to work with one another for a long time and to work together in quite an unexpected way and for Brad to be doing something for an audience, and Alejandro, it was intensely riveting.
“The moment of him, which is so beautifully judged in terms of where it’s placed in the film but also so exquisitely performed, when he speaks with the children on the phone at the end, I think it’s one of the most moving moments in a film.”
As far as America is concerned Iñárritu says, “In this film I don’t want good or bad guys. I think what is happening in the world is perpetuated. I try to be subtle in a way, to not be archetypal, and not prejudice. When I think about an Empire, it’s not about nations, human beings, others. It’s the way they normally try to pretend that everyone is a terrorist, anything can be held against you. I think there is now an obsessive idea, obsessive problem with the United States, showing its power. This is a very stressful moment in history.”
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.
