News Broadcasting
International Emmys judging: BAG Films’ ‘Siddhant’ through to Finals
MUMBAI: The Indian entertainment industry is looking at a brighter tomorrow as BAG Films’ Siddhant has qualified in the drama category for the final of the International Academy of Television Arts and Sciences’ 34th International Emmy Awards.
The semi final round was conducted in Mumbai today and saw a 19-member jury scan entries in four categories – comedy, non-scripted entertainment, drama series and children and young people (the latter two being new additions from last year’s judging).
India is among a select few countries like Germany, New Zealand, Australia, Qatar and Greece to host the semi final rounds of this event. The jury comprised different representatives from the television fraternity in India including Abhimanyu Singh, Archana Puran Singh, Ashwini Yardi, Asit Modi, Ketki Dave, Mandira Bedi, Monisha Singh, Nachiket Pantvaidya, R D Tailang, Ravi Kiran, Ram Kapoor, Ravina Raj Kohli, Ritu Goel, Sanjeev Sharma, Shristi Arya, Siddharth Kak, Smriti Irani, Supriya Pathak and Suresh Bala.
In essence there seemed to be a consensus among jury members that there was a dearth of Indian content due to sheer lack of awareness among producers and TV channels alike.
International Emmy Awards Semi-Finals host Anil Wanvari with International Academy of Television Arts and Sciences director, Emmy judging, Sandy Clark.
Speaking to Indiantelevison.com, Walt Disney Television International (India) executive director production and programming Nachiket Pantvaidya said, “Asian content was quite good as there seems to be a trend in programming particularly around the theme of magic and fantasy. However, Indian content was highly under represented.”
Having been on the jury last year as well, Contiloe Films Pvt Ltd CEO Abhimanyu Singh was of the opinion, “Indian entries are at par with the rest. However, there is a greater need to drive the Emmy’s forward through better marketing of the brand, to encourage greater participation.”
In response to the jury’s plea for greater awareness in terms of the procedure to enter the competition, the International Academy of Television Arts and Sciences director, Emmy judging, Sandy Clark told this website, “There is a misconception that the Emmy’s is only open to US programming. However, there are no restrictions and thus broadcasters, directors, distributors and producers can all enter. We spread awareness through our website, via email and through events like Mipcom and MipTV to encourage entries from across the globe.”
Hopefully this year’s win, combined with word-of-mouth will provide an impetus to more Indian producers and TV channels to make a bigger entry next year. Speaking about B.A.G. Films’ achievement, Indiantelevision.com CEO and International Emmy Semi Final host Anil Wanvari said, “Siddhant making it to the final speaks volumes for Indian content and this will hopefully facilitate greater participation next year.”
The entries in the remaining categories shortlisted for the final round are as follows:
Comedy – War of the In Laws, TV Broadcasters Ltd, Hong Kong, China
Non-Scripted Entertainment – 1. Wisholang (My Wish) – Papawad (Forgiveness), GM Networks, Philippines
2. Viking Family Special, Fuji Network Corp, Japan
Children and Young People – 1. My Perfect Partner, Media Corp, Singapore
2. Advengers, TV Asahi Corp, Japan
Drama – 1. Home Affairs, Penguin Films, South Africa
2. Siddhant B.A.G Films, India
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.
