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International talents to host Interactive Emmy Awards at MIPTV

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MUMBAI: The first International Interactive Emmy Awards at MIPTV in Cannes will have many international talents as presenters.

Television and film star Dennis Haysbert (24, The Unit) will join producer Mark Burnett (Survivor, The Apprentice), The Bold and The Beautiful’s Jack Wagner, French leading actress Corinne Touzet and RCTV (Venezuela) telenovela actors Veronica Schneider and Alejandro Otero to present the Awards on 5 April. Desperate Housewives star Roger Bart will host the black-tie event.

Academy president, CEO and president of Hearst Entertainment Bruce Paisner, said, “Their participation will help bring the industry’s focus to the significant developments in the interactive world.”

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Mark Burnett will present the Pioneer Prize to AOL, chairman and CEO Jonathan F. Miller for his innovative contributions to the field of interactive television.

The International Interactive Emmy Awards at MIPTV 2006 is the first Emmy Awards ceremony ever organized outside of the United States. There are 12 nominees in 3 categories: Interactive Program, Interactive Channel and Interactive TV Service.

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Den Networks Q3 profit steady despite revenue pressure

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MUMBAI: When margins wobble, liquidity talks and in Q3 FY25-26, cash did most of the talking. Den Networks Limited closed the December quarter with consolidated revenue of Rs.251 crore, marginally higher than the previous quarter but down 4 per cent year-on-year, even as profitability stayed resilient on the back of strong cash reserves and disciplined cost control.

Subscription income softened to Rs.98 crore, slipping 3 per cent sequentially and 14 per cent from last year, while placement and marketing income offered some cheer, rising 15 per cent quarter-on-quarter to Rs.148 crore. Total costs climbed faster than revenue, up 7 per cent QoQ to Rs.238 crore, driven largely by higher content costs and operating expenses. As a result, EBITDA dropped sharply to Rs.13 crore from Rs.19 crore in Q2 and Rs.28 crore a year ago, pulling margins down to 5 per cent.

Yet, the bottom line refused to blink. Profit after tax stood at Rs.40 crore, up 15 per cent sequentially and only marginally lower than last year’s Rs.42 crore. A healthy Rs.57 crore in other income helped cushion operating pressure, keeping profit before tax at Rs.48 crore, broadly stable quarter-on-quarter despite the tougher cost environment.

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The real headline-grabber, however, sits on the balance sheet. The company remains debt-free, with cash and cash equivalents swelling to Rs.3,279 crore as of December 31, 2025. Net worth rose to Rs.3,748 crore, while online collections accounted for 97 per cent of total receipts, underscoring strong cash discipline across operations, including subsidiaries.

In short, while Q3 showed signs of operating strain, the financial backbone remains solid. With zero gross debt, steady profits and a formidable cash war chest, the company enters the next quarter with flexibility firmly on its side proving that in uncertain markets, balance sheet strength can be the best growth strategy.

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