News Broadcasting
Disney’s Ugly Betty sits pretty as No.1 show in NZ
MUMBAI: The 2007 Golden Globes is an affirmation of the phenomenal popularity of Walt Disney Company’s Ugly Betty. Riding high on all the adulation, the series has just got a fillip as it premiered in New Zealand. The series, aired on TVNZ’s TV2 on 16 January at 8:30 pm, was the highest rated show of the night.
The show was telecast in New Zealand a day after its awards romp at the Globes. Attracting an average audience of 613,600 viewers, the series captured a remarkable 18.58 per cent rating share in age group 18-39. Similar to its performance in the US, it was the nation’s female viewership that drove a massive 70 per cent share of its viewership.
“We couldn’t be more pleased with Ugly Betty’s performance in New Zealand,” commented BVITV’s senior vice president and management director in Asia Pacific Steve Macallister. “We are confident that this endearing and universal fish-out-of-water tale will continue to warm the hearts of viewers as it launches across the region.”
l In Asia Pacific, Ugly Betty has already been licensed by The Walt Disney Company’s Buena Vista International Television-Asia Pacific (BVITV-AP) to ten broadcasters. TVNZ was the first to premiere in the region. The next launch dates across the region include Korea (KBS) on 3 Feb, Singapore (MediaCorp TV) on 5 Feb, Malaysia (8TV) on 6 Feb and Hong Kong (TVB Pearl) on 15 March. Australia (Seven Network), pan-regional (STAR World), India (STAR India), Korea (CJ Media Channel CGV) and Fiji (Fiji TV) have also licensed the series with air dates not yet announced.
On 15 January Ugly Betty received a Golden Globe for Best Television Comedy with series star America Ferrera taking home the award for Best Performance by an Actress in a Television Series, Comedy or Musical.
Ugly Betty (Touchstone Television) is the number one new comedy of the 2006-07 television season with both total viewers and adults 18-49 in the US. Ugly Betty has greatly improved the time period for ABC, nearly doubling its year-ago delivery in both total viewers and adults 18-49. The series was launched in the UK on Friday 5 January with the highest premiere ratings for a US comedy on Channel 4 in 10 years.
The series is licensed by Disney’s Buena Vista international Television (BVITV).
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.
