News Broadcasting
Murdoch ‘Outfoxed’ by doc accusing Fox of slanting news
MUMBAI: It is not just Michael Moore’s Bush bashing documentary Farenheit 9/11 that is stirring controversy. Rupert Murdoch is understandably less than pleased with a new documentary.
Outfoxed, which recently released on DVD and VHS in the US, criticises Fox News for allegedly slanting its news.
Outfoxed is being promoted by the liberal advocacy group MoveOn and has been directed by Robert Greenwald. The documentary takes potshots at Fox News’ claim of being a fair and balanced network. Greenwald has reportedly offered Fox the opportunity to air his film for free. Greenwald also made The Crooked E: The Unshredded Truth about Enron, which aired recently in India on Hallmark.
Greenwald has been quoted in the US media as saying, “We examine how media empires, led by Rupert Murdoch’s Fox News, have been running a ‘race to the bottom’ in television news. This film provides an in-depth look at Fox News and the dangers of ever-enlarging corporations taking control of the public’s right to know.”
The film explores Murdoch’s burgeoning kingdom and the impact on society when a broad swathe of media is controlled by one person. Media experts, including veteran anchor Walter Cronkite, Jeff Cohen (Fair) Bob McChesney (Free Press), Chellie Pingree (Common Cause), Jeff Chester (Center for Digital Democracy) and David Brock (Media Matters) provide context and guidance for the story of Fox News and its effect on society.
Fox offered a strong rebuttal to the documentary at a press conference in New York. The Murdoch-owned broadcaster also launched a full-frontal attack on The New York Times, which had published an article on 11 July about the movie.
Fox News issued a statement claiming illegal copyright infringement actions on the part of of moveon.org in cooperation with The New York Times. This included cutting a deal not to give Fox News adequate time to react to the film. Fox went on to accuse the NYT of corrupting the journalistic process.
The documentary allegedly reveals the secrets of former Fox News producers, reporters, bookers and writers who expose what it’s like to work for Fox News. These former Fox employees talk about how they were forced to push a “right-wing” point of view or risk their jobs.
Some have even chosen to remain anonymous in order to protect their current livelihoods. As one employee said “There’s no sense of integrity as far as having a line that can’t be crossed.”
Coming back to the NYT issue, the publication had quoted from internal memos sent to Fox staffers by a senior vice-president. They seemed to illustrate a conservative bias. While Fox said that they had been given just one day to respond before publication of the article, the NYT claimed that a three-day notification had been issued.
As far as the employees who appear on the film are concerned, Fox referred to them as being in the low level category, adding that some left due to incompetence. Moreover, none of them had expressed differences about the editorial policy of the broadcaster.
In an interview to iwantmedia.com Greenwald added, “The goal of my film was to tell a story that we haven’t seen told in film before. We used Fox News’ own words, images and sound bites. I used the material that Fox News sends out to the US every day to make the case that they are a biased network.”
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.
