News Broadcasting
Nat Geo partners with Thought Equity for online distribution of content
MUMBAI: National Geographic Digital Motion, the stock footage service of National Geographic Digital Media, has chosen Thought Equity as the online distribution partner to complement its existing licensing business. Digital Motion is the digital archive and licensing service for all National Geographic film and video. The partnership unites an international motion image collections with the most technically advanced licensing company in the world.
Thought Equity works in the area of commercial licensing and management of motion imagery,
National Geographic Digital Motion says that it has made significant investments to enhance its existing online licensing operations and prepare the library for access through a variety of distribution channels.
National Geographic Digital Motion VP worldwide sales Jocelyn Shearer says, “We wanted an additional online presence, and have found a licensing partner well-versed in every aspect of motion imagery licensing and management to help us reach our goals. Thought Equity has demonstrated its ability to serve the technological and time-sensitive needs of current and future producers and editors.
“We chose Thought Equity as our exclusive online distribution partner because they offer the best user experience in the industry. They have the scale to put more of our library online faster than any other company and are the clear leader in all areas of technology, including search, real-time content delivery, creative content packaging and marketing in new media”.
Thoughtequity.com says that it has become a preferred destination for international agencies, studios and corporations that produce messages and programming for traditional and new media such as digital displays, podcasts, social networks, mobile phones and other portable devices.
Thought Equity CEO Kevin Schaff said, “Every day we develop new technology to make it easier for professionals in the creative and entertainment industries to access the nearly $1 billion in production value that is available for licensing at thoughtequity.com. The addition of the National Geographic Collection to our library supports our commitment to offer not only exceptional motion imagery with high production value, but also the most topically diverse and internationally relevant imagery. Our base of worldwide customers is expanding rapidly, and the addition of the National Geographic Collection allows them to be more efficient by finding more of what they need from one site.”
With the addition of the National Geographic Collection to thoughtequity.com, entertainment, creative and corporate production companies worldwide will have real-time access to National Geographic’s motion imagery capturing international culture, science and nature. The collection features footage from National Geographic programmes and films.
These include National Geographic television and film productions, the Explorer series and other exclusive productions for the National Geographic Channel. These productions have won more than 1,000 industry awards, including an Academy Award and 126 Emmy Awards.
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.
