News Broadcasting
Digital television progressing steadily in the UK : Ofcom
MUMBAI: Britain’s media regulatory body Ofcom has published its Communications Market: Digital Television Progress Report for the second quarter of 2006 (April-June).
The report shows that by the end of June 2006 70.2 per cent of UK television households (17.7 million) were watching digital television on at least one set in the home – up from 69.7 per cent at the end March this year.
The report also reveals that the large majority of digital television receivers are now being bought for use on additional television sets within the home to complement digital viewing on the household’s primary television. The number of secondary television sets (for example, those used in a spare room or a child’s bedroom) viewed using digital receivers has more than doubled in the year to June 2006, from just under 3.5 million to over seven million.
In total, more than 40 per cent of television sets in the UK are either connected to a digital set-top-box or have an integrated digital tuner demonstrating that a substantial number of households are now going fully digital.
Key trends for the second quarter of 2006 include:
Digital Terrestrial Television (DTT) – Freeview services
The three months to the end of June 2006 was the fourth consecutive quarter in which sales of DTT equipment (either set-top-boxes or televisions with built-in DTT tuners) exceeded the million mark. DTT sales, at 1.2 million for the quarter, were up more than 70 per cent on the same period in 2005.
DTT services are now viewed on 19.4 per cent of the UK’s 60 million television sets, compared to 17.6 per cent in the previous quarter.
The number of households viewing DTT services on their primary television set now stands at 6.4 million up 0.2 per cent since the first qyarter of 2006. The number of secondary sets used to watch DTT services has more than doubled in the past year and now stands at more than five million.
Digital satellite television remains the most popular digital television platform on primary television sets in UK households. In total 33.4 per cent of UK television homes either subscribe to BSkyB’s television services or receive free-to-view satellite services.
In the year to June 2006 satellite television accounted for around one quarter of net digital household additions. In the second quarter of 2006, of the 168,000 homes viewing digital services for the first time on their primary television sets, 64 per cent chose to do so via digital satellite television.
The total number of Sky Multiroom subscribers (a subscription service which allows viewing on multiple sets in the home) broke through the one million mark in the second quarter of 2006 and the number of Sky+ subscribers stood at more than 1.5 million.
Cable Television– NTL:Telewest services plus others
An additional 50,000 households began subscribing to digital cable television in Q2 2006; the majority of those switched from legacy analogue cable television services. There are now over 2.8m digital cable television subscribers, representing 11.3% of all television households compared to 10.4% a year previously.
Around 86 per cent of all cable television subscribers now view digital television services (with 14 per cent remaining on legacy analogue systems), up from 84 per cent in the previous quarter. When analogue cable subscribers are also taken into account, the total number of cable television subscribers stood at 3.3 million (13.1 per cent of all television homes) in the second quarter of 2006.
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.
