News Broadcasting
Europe leads the world in the interactive TV trial
SINGAPORE: While some parts of the world are still trying to understand what interactive TV means, and some other markets are still in its infancy as in the Asia Pacific region; it looks like Europe will set the rules of the new game. With more than 380 interactive services on air in 2006, Europe clearly leads the way.
As of now there are more than 50 million digital households across Europe and experts predict the number will go up to 125 million by 2010. Also, with growing consumer spend the gross margins (not turnover) is expected to cross 700 million Euros by 2010 with growing consumer spend.
Quoting from a study conducted by AFDESI (The French professional organization for interactive television), delegate Jean Dacie said, “Europe is definitely leading the way on the ITV market with most of the technologies developed there since the first trials which started in the UK in 1994/95 and first commercial ITV services which began in France in 97.
Just a look the figures reveals that UK is the largest market with 17.8 million subscribers followed by Germany, 11.2 million and France with about 8.7 million. In recent times, France has recorded the fastest ever technology adoption by users, with about 2 million DTT households one year after its launch. While BSkyB is the most profitable platform in the world for interactive services (660 million Euros in 2005) and UK is the country that has generated the highest revenues from interactivity yet.
The study reveals that with the analog switch-off planned by national governments by around 2010, UK will perhaps emerge as the only country with the near objective with 69 per cent of digital homes, which means 125 million households in western Europe will have digital TV.
With the standalone and enhanced TV services offered by ITV, consumers are already benefiting with the use of interactive services via TV like messaging, video conferencing, on demand extension of linear advertising breaks, betting live on broadcast sports and participating in quiz shows live apart from using utilities like bank services and shopping. The study says that there are more than 150 interactive services available in the UK. While advertisers are benefiting through well-executed interactive advertisements that can deliver benefits for brands.
So, what are the business models that are driving the European digital market.
“Premium calls (calls via the return path line of the set top box are charged a premium rate)
” Subscription (users contract a monthly subscription to services)
” advertisement and sponsorship
” Indirect profitability (the service cost is entirely supported by the operator)
In the UK, with more than 8 million set top boxes at the beginning of 2006, BSkyB records an average annual revenue per user of 33 Euros for its interactive services with a long term objective of 70 euros. With the growing number of digital TV homes, this is bound to go up by leaps and bounds
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.
