News Broadcasting
ICC signs up SNTV, Reuters as news access licensees
MUMBAI: The International Cricket Council has ensured that news from the ICC World Twenty20 will reach every corner of the globe by signing Sports News Television (SNTV) and Reuters for the event.
These deals ensure news broadcasters around the world will have access to news highlights from matches, press conferences, player interviews and event-related stories providing up-to-the-minute information to hundreds of millions of viewers all over the world.
ICC Media Rights and Broadcast Manager Aarti Singh Dabas says, “The ICC already has a long-standing relationship with SNTV and Thomson Reuters. We are glad to have both onboard as they have an excellent distribution and global reach, and have previously provided great support to all ICC events including those that form part of the Pepsi ICC Development Programme. These partnerships will ensure that news broadcasters and, through them, cricket fans around the world will have access to match highlights and other event news.”
SNTV editor Andy Parkinson said, “It’s great news that SNTV is once again working closely with the ICC to ensure the best possible coverage of the ICC World Twenty20 2010 in the West Indies.”
Reuters News senior producer, sports television Owen Wyatt says, “I’m delighted that an agreement has been reached that will allow our clients worldwide access to the key games from the tournament.”
SNTV is a sports news video agency, providing seven bulletins a day of action, highlights and breaking news. Through its clients, SNTV’s material can be seen in more than a billion households worldwide in more than 180 territories.
The 17-day tournament will feature 12 teams with all the top international players in the world taking part.
The event will also feature eight women’s teams, which will play their group-stage matches in St Kitts. The semi-finals and final will run as double-headers with the men’s version in St Lucia and Barbados in front of ESS cameras giving enormous exposure to the women’s game around the world.
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.
