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News channels eye elections

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MUMBAI: Back in the eighties, veteran journalists Dr Prannoy Roy and Vinod Dua took the nation by storm when they co-anchored the first-ever election analyses programs on the then sole television channel, Doordarshan.

 

Nearly three decades and the cable and satellite TV explosion later, journalists and news television channels of all hues continue to romance the elections with the same (if not greater) fervour.

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With ongoing elections in four states in North India and one in the North East, and general elections due in the first half of 2014, there couldn’t have been a better time for news channels to engage in a bit of one-upmanship with respect to news and programs around the polls. Indiantelevison.com takes a look…

 

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India News is airing a campaign called Kissa Kursi Ka showcasing ground events across Madhya Pradesh, Chattisgarh, Rajasthan and Delhi. Citizens are part of the live debates on this program.

 

Urdu news channel, Aalami Samay, features a show called Mukhyamantri ke paanch saal which looks at the five years of Members of Parliament and what they’ve done towards roadways, power supply, safety and security among other causes. Another show titled Aapke numainde..unke wade assesses whether these MPs have succeeded in keeping the promises they made before getting elected to office.

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ABP News is well known for its show, Kaun Banega Mukhyamantri while India TV is looking at building a strong team under the supervision of QW Naqvi, who has newly joined the channel as editorial director, to make their coverage of this election a talking point for the general elections coming up next year. “These assembly elections are a build-up to the general elections in 2014; the focus is on capturing viewership now and to be their first choice for news coverage, analyses and insights on elections right till the general elections,” says India TV MD and CEO Ritu Dhawan.
    

Elections are a bonanza of sorts for news channels, which expect viewership to head north during that time. For instance, India News and Aalami Samay expect their viewership to go up by 15- 20 per cent while ABP is confident of garnering an almost 50-100 per cent increase, largely due to the main shots slated for prime time viewing although election programming is scheduled for the whole day right through the elections.

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India News and News X plan live election coverage from 43 locations, including 16 live OB vans and 16 live units. “Elections are like festivals for every news channel,” says India News and News X CEO R K Arora.

Not only are elections significant in grabbing eyeballs, they are also important for news channels to make their mark. “Elections should not only be seen as an eyeball prospect, but also as an area where media can contribute in the process of nation building,” says Dhawan.

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While News Nation CEO Shailesh Kumar says: “This poll will also reflect the mood of the nation and take of the people at a crucial juncture when two big leaders (Narendra Modi and Rahul Gandhi) are being projected as the future of this country. A very decisive poll, which has the capacity to shape the geo-political contours of the nation.”

 

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Advertisers too are part of this gold (read election) rush. For India TV, advertisers come in the categories including Automobile, Cement, Hosiery, Food processing and FMCG.

 

Says Dhawan: “The rule ‘Eyeball:Price’ is definitely applicable.”, India News and News X have got on boards brands such as Mircrosoft, Renault, Mahindra, Tata Motors, Idea cellular, Honda Motorcycles, Godrej and Whirlpool on their lists.

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With channels eyeing elections as a good ‘squeeze’ in terms of viewers and advertisers, most of them have also planned exit polls at the end of the elections.

 

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Coming to the anchors, be it a Deepak Chaurasia or Rajat Sharma or any of your favourite hosts, they are all busy trying to get the best news bytes from specialists, politicians and the public to grab the most number of eyeballs.

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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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