News Broadcasting
Macau Tourism celebrates heritage year with a new advertising campaign on BBC World
MUMBAI: BBC World has produced a series of commercials for Macau Tourism to celebrate the country’s 2006 heritage year.
The campaign, airing in Asia Pacific and Europe, focusses on Macau’s position as a heritage city and also highlights on three key annual events that take place in Macau – a fireworks festival, music festival and grand prix. Macau Tourism has partnered with BBC World for the past two years but this is the first time the advertising campaign has widened to include Asia Pacific and Europe.
The three events highlighted in the BBC World advertising campaign include:
– 20th Macau International Music Festival (MIMF) is to be held from 6 October to 5 November The eclectic programme of 28 performances promises to delight audiences in historical settings such as the Dom Pedro V Theatre, St. Dominic’s Church and Mount Fortress.
– Wynn Macau – 18th Macau International Fireworks Display Contest to be held during September and October, features teams from Germany, Taiwan, Korea, Thailand, Portugal, Australia, the United States, Japan, France and China.
– The 53rd Macau Grand Prix from 16 to 19 November is the single most important race in the Formula 3 season each year. Former Macau Grand Prix winners include great names such as Ayrton Senna, Michael and Ralf Schumacher, and David Coulthard.
BBC World VP, Asia and Australasia Sunita Rajan, says, “BBC World is delighted to be able produce these commercials for Macau Tourism, which also showcase our creative excellence. The campaign, which focuses on music, sport and entertainment, targets the international traveller seeking new and different experiences. BBC World’s audience of 65 million viewers a week largely comprises of business and leisure travellers, so this partnership with Macau Tourism creates perfect synergy.”
The Director of Macau Tourism, Joel Manuel Costa Antunez says, “It is our great pleasure to co-operate with BBC World again to showcase Macau – a unique tourist destination. Through leveraging the extensive network of BBC World, we are sure that Macau’s image, as one of the leading tourist destinations in the region, will be enhanced amongst our target audiences across the globe. We look forward to a fruitful and mutually beneficial co-operation with BBC World.”
Macau Tourism is among a number of tourism boards to advertise on BBC World. Other boards include Tourism New Zealand, Palau Tourist Authority, Maldives Tourism, Beijing Tourism and Hangzhou Tourism.
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.
