News Broadcasting
EchoStar, ATN broadcast World Cup cricket to Canada
COLORADO, US: EchoStar Communications Corporation has announced that it has reached a joint sublicensing agreement with the Asian Television Network International Limited (ATN) and Viewer’s Choice Canada for the broadcast of the 2003 Cricket World Cup through Canadian cable and satellite television providers.
An official release informs that EchoStar is the exclusive distributor for the International Cricket Counsel’s (ICC) Cricket World Cup 2003 via television, radio and the Internet to countries within North, Central and South America. However, the terms of the agreement were not disclosed.
ATN, a South Asian programmer in Canada, and Viewer’s Choice Canada, a pay-per-view distributor for many cable and satellite operators across Canada, have together acquired rights to distribute 25 of the 54 matches of the ICC Cricket World Cup 2003 via Canadian cable and satellite television providers.
All 25 matches will be shown live from South Africa. ATN will also broadcast a 30-minute daily highlight show of the ICC Cricket World Cup 2003 on a 24-hour delay.
Canada is taking part in this edition of the World Cup. They are in the same group as South Africa and the West Indies. The event is being broadcast across the globe including include Sony Max in India, Rupavhini in Sri Lanka, Sky Sports in the United Kingdom, Pakistan TV in Pakistan, SABC in South Africa, BTV in Bangladesh, Sky Sports in New Zealand, Fox Sports in Australia. EchoStar’s DISH Network will exclusively broadcast the World Cup in the United States.
EchoStar Communications Corporation and its DISH Network claims to be a US leader in offering satellite television entertainment services to more than eight million customers. DISH Network provides advanced digital satellite television services to the home, including hundreds of video, audio and data channels, personal video recording, HDTV, international programming, professional installation and 24-hour customer service.
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.
