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JumpTV in deal with Joost

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MUMBAI: JumpTV, which broadcasts ethnic television over the Internet, has partnered with Joost a recently launched free-to-air Internet television service.

JumpTV will make a portion of its library of video-on-demand television content available on a series of JumpTV-branded ethnic television vertical channels on the Joost platform.

 
JumpTV currently broadcasts live over the Internet thousands of television programmes, news, music and sporting events from 270 channels from over 70 countries around the world on a subscription and advertising supported basis.

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The initial JumpTV offering on Joost will feature programming regularly gathered from JumpTV’s digitally rights compliant international television roster. The first JumpTV “channels” on Joost will feature Spanish-language series from Colombia, Chile and Peru, in addition to Arabic-language comedy, drama and news programs from some of the leading broadcasters in the Middle East.

 
JumpTV will be adding new programming on a daily or weekly basis, and intends to launch several more channels on Joost in other languages, including but not limited to Romanian, Turkish, Russian and Bengali.

JumpTV International president and CEO Kaleil Isaza Tuzman says, “We see Joost as a unique and important distribution /programming partner. Like us, the Joost team innately understands the power of viral, high-affinity long-tail content — for example, JumpTV’s ethnic TV programming. Given the track record of the Joost founders, we believe that the Joost platform could be as transformational for online television as their previous ventures have been.”

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Joost executive VP of content strategy and acquisition Yvette Alberdingkthijm said, “Content owners like JumpTV, with a diverse offering of channels that feed the global appetite for streamed online content, are a perfect match for Joost. Partnering with JumpTV will allow our viewers access to the best in global television programming in an Internet rights-compliant fashion.”

JumpTV head of global distribution Mike John-Baptiste said, “Joost, like JumpTV has been securing programming from key licensors of television content, so we were pleased to see that they recognised our singular commitment and leadership in ethnic television.”

“JumpTV is committed to providing our TV broadcaster content partners the broadest audience on the Internet as possible — whether through ISPs, mobile carriers or Internet portals.”

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The partnership between Joost and JumpTV involves sharing of advertising revenues on the JumpTV-branded channels.

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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.

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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.

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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.

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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.

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