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Discovery Intl’s quarterly revenue up 21 %

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MUMBAI: For the three months ended 31 March 2006 Discovery Communications Inc experienced a six per cent revenue growth to $443 million and three per cent operating cash flow growth to $152 million.

Internationally, it achieved a 21 per cent revenue growth to $193 million and 35 per cent operating cash flow growth to $31 million at its International Networks division for the first quarter of 2006.

During the first quarter, Discovery commercially launched Cosmeo, its online homework help tool.

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Net distribution revenue increased by 25 per cent due to increases in paying subscription units in Europe, Latin America and Asia, as well as the international joint venture channels combined with contractual rate increases in certain markets. Net ad revenue increased by 16 per cent primarily due to higher viewership in Europe and Latin America combined with an increased subscriber base in most markets worldwide.

Operating expenses increased by 19 per cent due to expected increases in headcount as the business expands, particularly in the UK and Europe, combined with an increase in marketing expense associated with branding and awareness efforts, particularly in Europe, related to the Lifestyles category initiative. Operating cash flow increased as the growth in revenue outpaced the growth in operating expenses.

The growth in revenue in the US was due to a 22 per cent increase in distribution revenue. This was partially offset by a six per cent decrease in ad revenue. Net distribution revenue increased 22 per cent as the US Networks had an 11 per cent increase in paying subscribers in the first quarter combined with contractual rate increases.

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US networks distribution revenue increases were also aided by reduced launch fee amortisation, a contra-revenue item, as certain affiliation agreements were extended. Net ad revenue decreased by six per cent, primarily due to lower advertising sell-out rates combined with lower rates at certain networks.

Operating expenses increased by eight per cent due to an increase in programming expense as the company continued its investment across all US networks in original productions and high profile series and specials. Operating cash flow increased due to the increased revenue.

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News Broadcasting

News18 India to air Sabse Bada Dangal on 4 May counting day

Channel promises fastest results, live trends and analysis across five states.

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MUMBAI: Ballots will do the talking and screens will do the shouting. As counting day approaches for high-stakes Assembly elections across West Bengal, Tamil Nadu, Kerala, Assam and Puducherry, News18 India is gearing up for an all-day broadcast of its flagship election show, Sabse Bada Dangal, on 4 May from 6 am onwards. The Hindi news channel plans to deliver continuous, real-time updates as votes are tallied, combining live counting data with on-ground reporting and studio analysis. With political fortunes set to shift through the day, the coverage will track every swing, surge and surprise as trends turn into results.

The broadcast will feature a mix of senior political leaders, analysts and experts, offering instant reactions and decoding the evolving electoral picture. Expect heated debates, quick takes and detailed breakdowns as the numbers settle across all five states.

For News18 India, counting day has long been a high-visibility moment. The network is banking on its reporting reach, editorial bandwidth and technology-driven coverage to stay ahead in what is often a fiercely competitive news cycle.

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With multiple battlegrounds and shifting narratives, the day promises both drama and data in equal measure. And if all goes to plan, Sabse Bada Dangal will once again turn the counting of votes into prime-time spectacle.

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