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New ‘plug-in’ movie channel Cine World set for February launch

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MUMBAI: A wider choice of English films is what is promised when new movie channel Cine World makes its debut in the first week of February (the launch date is still being finalised).

 
Cine World is promoted by Channel Guide India Ltd, which already runs what it says is India’s first and only FTA digital info TV channel catering to the promotional needs of the entire entertainment industry – television, films, music and events.

Speaking on the new “plug-in” English movie channel was Channel Guide COO Ravi Deshmukh. Says Deshmukh, “We will be providing quality English films that have not been seen before by most viewers.” Cine World has sourced its movies from Australia, South Africa and Hong Kong as well as from the smaller Hollywood studio offerings, says Deshmukh. This will have kept acquisition costs low no doubt but Deshmukh assures that the films are of good quality.

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Cine World is not planning to take on the big boys of the business like HBO, Star Movies or Zee MGM but will operate as an English cable movie channel on the lines of INCableNet’s CVO or Hathway’s CCC. Additionally, Cine World will be showcasing one blockbuster Hindi film a week, says Deshmukh.

Cine World is beaming of the Insat 3A satellite in C band and will become encrypted from Day 1 of official launch unlike its sibling Channel Guide which is an FTA channel.

Channel Guide is currently showcasing a film a day at 11 pm so that viewers get an idea of the kind of films that will be on offer, says Deshmukh.

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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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