News Broadcasting
Docu on Bush ‘Faith in the White House’ releases next month in US
MUMBAI: US president George Bush has been in the news a lot though not necessarily for the right reasons. Earlier this year, Michael Moore’s documentary Farenheit 9/11 which examined how Bush used 9/11 to manipulate the American public won the Palm d’or at Cannes.
To counter this, a new documentary from Grizzly Adams Productions (GAP) George W. Bush: Faith in the White House will release shortly on DVD and VHS.
It will then debut on network TV next month. Towards the end of the year it could enter cinema halls. The documentary’s producer David W. Balsiger added, “George W. Bush: Faith in the White House reveals a positive side of President Bush never reported by the news media. We have interviewed people who have encountered Bush in a faith-based way. Our documentary reveals that this is the most faith-based presidency since Abraham Lincoln.”
The documentary claims to balance credible research with candid testimony from both critics and presidential contacts that document Bush’s faith and prayer life. Balsiger further added that the documentary had been produced independently of any contact with the White House, the Bush Administration or influence from the Bush-Cheney Election Campaign. “It is based entirely on independent research and in part on two best-selling books.”
As far as Farenheit 9/11 is concerned there have been reports suggesting that Moore might push Bush as a possible nominee for best actor at next year’s Oscar Awards.
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.
