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MTV multi-platform debut in Canada from 21 March

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MUMBAI: It’s a historic day not just for Canadian audiences, but for Canada’s creative and production communities too. The MTV brand debuts today in Canada. The Toronto based CTV will replace the name of its talktv speciality channel with the MTV brand.

The MTV launch represents the biggest multi-platform launch among all 49 worldwide MTV services comprising the MTV Networks International family, according to MTV Networks International president and MTV Networks vice chairman Bill Roedy.

The MTV brand will debut in 360 degree fashion, across six different platforms. The ‘Six Arms of MTV’ will incorporate numerous distribution strategies including conventional and specialty channel platforms, mobile, Video On Demand (VOD) and in pioneering fashion, across a newly created premium broadband service, MTV Overdrive, the first of its kind in Canada.

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MTV is a newly branded Canadian analog specialty service and offers a winning schedule, infused with lifestyle, talk and documentary programming.

In an official statement, the networks claims that the channel will immediately be available in 6 million Canadian households via all major cable and DTH services.

Newly created MTVonCTV branded blocks of programming will be seen six nights a week across Canada on CTV’s conventional stations.

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MTV Overdrive is a new broadband channel that represents a
first-of-its-kind in Canada. The free premium video service harnesses the latest in technology to deliver MTV content to anyone at broadband speeds. On demand are full-length MTV programs, daily MTV News, custom short-form programming, movie and game reviews and much more. In addition to providing MTV-branded content, Overdrive is MTV’s answer to music authenticity in Canada with exclusive MTV music events, artist interviews, live performances and thousands of music videos.

On Mobile will have exclusively produced MTV mobisodes and made for mobile programming by individual carriers and also via cross-carrier mobile distribution, MTV Mobile showcases a range of MTV programs that include video, soundtrack ring-tones, wallpapers and more, all available for download via mobile phones and directly off the mtv.ca website.

Video on Demand comes with an extensive line-up of MTV hit programs immediately available. In addition, MTV is now underway with plans for an additional distribution strategy to make MTV’s hit programs available to portable video devices.

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“A new chapter in Canadian media, employing multiple platforms and
interactivity, begins. The future is now,” said Bell Globemedia president and CEO and CTV Inc CEO Ivan Fecan.

“It’s a landmark day for Canada’s creative community and viewers from coast-to-coast. A culturally vibrant country like ours deserves its own MTV. Sharing Canada’s creative talent with the world through MTV’s worldwide network puts Canada on the world stage. It’s where we belong,” said CTV programming president Susanne
Boyce.

MTV, in the official statement revealed an extensive list of 23 advertising partners who have inked multi-platform sponsorship deals to be on-board for day one. They include Bell Mobility, Cadbury Adams, Clean & Clear and Neutrogena Deep Clean, Coca Cola, Colgate Palmolive Canada Inc., Columbia Brewery, Dairy Farmers of Canada Milk, General Motors of Canada, KFC Canada, Kraft Canada, Labatt Breweries of Canada, McDonalds Restaurants of Canada Limited, Mission: Impossible III, Molson Canadian, Motorola, Nike, Nokia Products Limited, Pepsico, Sony Entertainment – the Benchwarmers, Taco Bell, Telus and West 49.

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MTV’s multiplatform advertising opportunities will allow clients’ brands to reach millions of consumers via an array of on-air and digital assets,
including the broadband service MTV Overdrive.

“The incredible response from clients and the agency community is confirmation that we are on target with the brand, our content and the distribution strategy,” said MTV Canada sr VP and general manager Brad Schwartz. “We want to acknowledge all 23 partners who have joined the MTV business from day One. Our goal is to make MTV the preferred destination for advertisers, large and small, and we look forward to growing together with all of our partners.”

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Den Networks Q3 profit steady despite revenue pressure

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MUMBAI: When margins wobble, liquidity talks and in Q3 FY25-26, cash did most of the talking. Den Networks Limited closed the December quarter with consolidated revenue of Rs.251 crore, marginally higher than the previous quarter but down 4 per cent year-on-year, even as profitability stayed resilient on the back of strong cash reserves and disciplined cost control.

Subscription income softened to Rs.98 crore, slipping 3 per cent sequentially and 14 per cent from last year, while placement and marketing income offered some cheer, rising 15 per cent quarter-on-quarter to Rs.148 crore. Total costs climbed faster than revenue, up 7 per cent QoQ to Rs.238 crore, driven largely by higher content costs and operating expenses. As a result, EBITDA dropped sharply to Rs.13 crore from Rs.19 crore in Q2 and Rs.28 crore a year ago, pulling margins down to 5 per cent.

Yet, the bottom line refused to blink. Profit after tax stood at Rs.40 crore, up 15 per cent sequentially and only marginally lower than last year’s Rs.42 crore. A healthy Rs.57 crore in other income helped cushion operating pressure, keeping profit before tax at Rs.48 crore, broadly stable quarter-on-quarter despite the tougher cost environment.

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The real headline-grabber, however, sits on the balance sheet. The company remains debt-free, with cash and cash equivalents swelling to Rs.3,279 crore as of December 31, 2025. Net worth rose to Rs.3,748 crore, while online collections accounted for 97 per cent of total receipts, underscoring strong cash discipline across operations, including subsidiaries.

In short, while Q3 showed signs of operating strain, the financial backbone remains solid. With zero gross debt, steady profits and a formidable cash war chest, the company enters the next quarter with flexibility firmly on its side proving that in uncertain markets, balance sheet strength can be the best growth strategy.

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