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MSN Video, IFilm plan tie-up for Net video content

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MUMBAI: MSN Video which provides streaming video content online, and IFilm a video entertainment destination on the Web, are joining forces to deliver IFilm content to MSN Video’s free streaming entertainment channel at video.msn.com. This is an important initiative in the broadband sphere in the US.

MSN consumers will now have access to some of the most celebrated, irreverent and timely-filmed content on the Web. Through the agreement between MSN and IFilm MSN Video consumers will have access to video clips from IFilm’s collection, including select programming from its infamous Viral Video channel, which contains some of the most desired footage on the Web.

As part of the MSN Video experience, consumers can access IFilm video through a personal playlist or simple search. IFilm states that it is committed to continually updating clips in real time to provide compelling footage. IFilm also will deliver TV, short film and action sports clips, along with the top 10 most-viewed videos across all of IFilm’s broad categories.

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MSN Video director Andey Beers said, “MSN Video actively seeks the best content partners in the industry. IFilm is one of the largest entertainment streaming video sites on the Internet, with some of the most cutting-edge footage. This partnership is an example of our commitment to being the top information resource online for people seeking news and entertainment.”

MSN claims to attract more than 380 million unique users worldwide per month. It has localised versions available globally in 40 markets and 20 languages.

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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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