News Broadcasting
John King is CNN US chief national correspondent
MUMBAI: CNN US has announced that John King will be its chief national correspondent. King’s new Washington, D.C.-based assignment will be a broad mandate for a range of reporting on interesting and important stories in the US and around the world.
CNN US president Jon Klein said, “John is a brilliant journalist who approaches each assignment with great fervor and dedication. During his on-site reporting of the tsunami aftermath, we witnessed the breadth of John’s capabilities beyond the White House beat. Our viewers are better served by having him out in the field.”
CNN US VP and Washington bureau chief David Bohrman said, “Here in CNN’s Washington bureau, we all know John as our senior White House correspondent. I remember meeting him when he was one of the very best reporters of any medium on any beat. This new assignment will allow King to use his range of interests and knowledge in a broader variety of reporting areas.”
King has served as CNN’s senior White House correspondent since 1999 and has been with CNN since 1997. King’s tenure included a lead role in coverage of the 2004 presidential election, the events leading up to and around the war with Iraq, the Sept. 11 terrorist attacks, the tax-cut debates of 2001and 2003 and the global war on terrorism. He has conducted one-on-one interviews with an array of senior officials, including President George W. Bush, first lady Laura Bush, Vice President Dick Cheney, former Secretary of State Colin Powell and current Secretary of State Condoleezza Rice. King travelled with Cheney to the Middle East in March 2002 as the administration began to build support for confronting Saddam Hussein.
In December 2004, King travelled with Powell to Thailand and other South Asian countries to cover the disaster and aftermath of the tsunami that took more than 175,000 lives in the region.
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.
