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Endemol raises stake in Dutch NL Film & TV to 51 per cent

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MUMBAI: Endemol N.V. has increased its stake in Dutch company Nijenhuis en de Levita Holding B.V. (NL Film & TV) from 40 per cent to 51 per cent.

NL Film & TV is led by the creative duo Johan Nijenhuis and Alain de Levita, which focuses exclusively on scripted television drama, comedy and feature films.By increasing its stake in NL Film & TV, Endemol will be able to strengthen the cooperation between the two companies and make NL Film & TV a full member of the Endemol Group. The intensified relationship will allow NL Film & TV’s to further exploit its intellectual property in scripted programming internationally .

Since its establishment in 2001, NL Film & TV created and produced scripted TV series, such as Costa!, Zoop, Hartslag, Lieve Lust and Keyzer & De Boer Advocaten, for several Dutch broadcasters. In addition, it produced Dutch feature-film hits like Full Moon Party, Ellis in Glamourland and Zoop In Africa.

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“We are excited to be part of the global network of Endemol which gives us the opportunity to further expand abroad,” said de Levita.

“A good format must first prove itself locally. When it has true potential, it can be understood and enjoyed by audiences all over the world. Our scripted series and feature films can already be seen in more than six countries. Endemol offers us a strong platform to further exploit our formats internationally,” added Nijenhuis.

Endemol chairman and CEO Joaquim Agut Bonsfills said, “Growth of scripted programming is one of Endemol’s key strategic priorities. Therefore, we are very pleased that Johan and Alain, two of the most talented and successful people in the Dutch scripted TV entertainment industry over the past few years, and their team are keen to intensify cooperation.”

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NL Film & TV’s turnover in 2005 was approximately EUR 15 million. The company currently employs a staff of 10. Endemol has an option to further increase its stake in the future.

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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.

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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.

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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.

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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.

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