News Broadcasting
Hungama TV aims for August-September launch
MUMBAI: Hungama TV, the bilingual (Hindi and Tamil) kids’ channel floated by UTV, is now looking at an August-September launch. UTV CEO Ronnie Screwvala had earlier stated that the channel would begin airing by ‘a Sunday in August 2004’.
Hungama TV Captain Hunt to select the 20 kids who will eventually run the channel will culminate with a gala event in Mumbai on 14 August. Post-production work for the 21 shows selected by kids from the 60 projects, which had been commissioned for pilots, is underway. The channel will air shows on the 6 am – 12 midnight cycle with the remaining six hours having repeat telecasts.
At the venue of the channel’s TV Captain Hunt, Hungama TV COO Purnendu Bose spoke to Indiantelevision.com explaining the ideation and execution of the upcoming channel:
Programming strategy:
There will be adventure shows, puppet shows, movies, science fiction, comedy, and fantasy shows – all kinds of shows that appeal to our kids. The 60 pilot projects we had made was shown to around 7,000 kids across the country and they short listed 21 programmes. I won’t be able to give you the exact number of episodes completed, but I can say two or three episodes of each show have been canned till now. It is an ongoing process. There will be 18 hours of new programming and the remaining six hours will have these shows repeated.
Progress on the production front:
Post-production work of the episodes completed are going on now. Balaji Telefilms, Cinevistaa, Contiloe and UTV are some of the production houses involved.
Why have you decided to outsource some of your production?
We wanted to make use of a variety of sources. This gives us an opportunity to tap different domain expertise.
What is the remuneration you are offering to the 20 selected kids who will take charge as Hungama TV captains?
There won’t be any remuneration in terms of money. The whole exercise will give kids exposure and that much-needed confidence to face life. This will help them to be decisive, empowering them to build an overall character. This will be like an extra-curricular activity that makes them celebrities. This won’t distract them from their studies because we have latest technologies to communicate with them. Sitting in his house, the kid will decide what to go on Hungama TV.
About the recent exits UTV/Hungama witnessed. Who is replacing Shalini Rawla who quit as Hungama TV programming head?
At present, I am handling the additional responsibility. We have a 55 member-strong team and we are looking forward to more appointments. Irrespective of these resignations, we are very much on track.
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.
