News Broadcasting
NBC to air Madonna tour in November
MUMBAI: NBC will airMadonna: The Confessions Tour Live.
This is a two-hour special and will air in November 2006.The special will be taped this summer at Wembley Stadium in London, UK during the pop icon’s worldwide sold-out 25-city Confessions Tour and marks the first time that NBC will air a concert of Madonna.
NBC Entertainment president Kevin Reilly says, “Madonna is one of the greatest artists of our time and never fails to generate excitement. We think this is going to be a big event for television.”
The concert special will feature songs from the artist’s recent multi-platinum Warner Bros. Records release “Confessions On A Dance Floor,” which debuted at No. 1 in 29 countries and has sold over eight million copies around the globe. The broadcast will also include some of Madonna’s greatest hits from her career.
The broadcaster has also struck a deal for the sitcom Nobody’s Watching. The pilot episode has been downloaded 600,000 times on youtube. The show’s concept centers on Derek and Will, two young television addicts from Ohio who are frustrated with the dreadful state of television programming.
As a result, they decide to become the subjects of a reality show when a major network gives them the opportunity to create their own sitcom. Unaware that the network executives are manipulating and recording their every word and move, the two continue their crusade to develop what they hope will be great television.
The pilot for the series had been lying virtually dormant since last eyar until it became available on www.youtube.com several weeks ago. It attracted a good fan base.
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.
