News Broadcasting
J-Lo to localise innovative TV show for the US
MUMBAI: Distraction Formats which specialises in formatting and packaging shows in a unique manner has announced a deal with Jennifer Lopez?s Nuyorican Productions. As per the deal Distraction has sold the format of its show Le Grand Tralala to the singer-cum- actress’ company.
Distraction has stated that the show has done well in France and Spain. On France 2 it is in the process of attaining a 27 per cent market share. On Antena 3 in Spain it is slated to do even better with the goal of a 30 per cent market share.
The show puts an innovative twist to the reality television genre. What is unique is that the host has no preparation, no clues as to what will happen next. He /she is asked to present a prime time entertainment programme without knowing what the content comprises of. It could come in the form of an unprepared interview or could involve presenting absurd news bulletins.
The fun comes in watching the hosts cope with the myriad of technical and production problems like falling sets, a malfunctioning microphone or a camel sauntering across the stage in the middle of a debate. Television producer Simon Fields will be Lopez?s partner on the project. They will produce the US version of the show for Nuyorican. After that they will present the format to networks in the upcoming weeks.
Lopez has in the past appeared on an episode in France. Lopez has said that she wanted to do a US version of the show because she had received such a rush from the live French audience. For her the adrenaline excitement comes from thinking on the spur of the moment.
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.
