News Broadcasting
Online channel MediaZone to provide coverage of Wimbledon
MUMBAI: Online broadcaster MediaZone, has announced a partnership with the All England Lawn Tennis Club to provide live and on-demand broadband video coverage of Wimbledon.
The new service, Wimbledon Live, is available globally at www.wimbledon.org/live, and will include live and on-demand broadband broadcasts of more than 250 matches from up to nine concurrent courts — an unprecedented depth of coverage for this world-class event.
MediaZone CEO Michelle Wu says, “It is an incredible opportunity to serve as the Worldwide Broadband Partner to the Wimbledon Championships and provide the most in-depth tournament coverage available via the internet to date. The Wimbledon Live service we’ve developed with the Club provides an intimate feel for the atmosphere at Wimbledon 2006 to tennis and sports enthusiasts around the world, allowing them to share the experience at their leisure throughout the championships.”
From the first round through the finals, Wimbledon Live will feature the most comprehensive full match coverage available, as well as three free Radio Wimbledon channels of live commentary and 10 hours of classic archive footage showcasing rallies and matches that have taken place throughout the history of the tournament. To better serve the international community, the entire site will be localized in Chinese and an overview of the subscription will be available in French, Italian, German, Spanish, Portuguese, Korean and Japanese.
Wimbledon Live will be integrated with the official Wimbledon website, www.wimbledon.org, which allows viewers to combine video coverage with player information as well as live scoring and statistics from all matches at the championships.
All England Lawn Tennis Club CEO Ian Ritchie says, “We are thrilled by the relationship forged with MediaZone to offer, for the first time in the 120 year history of Lawn Tennis Championships at Wimbledon, daily live online coverage of the tournament to tennis fans around the globe.
“Given MediaZone’s extensive experience successfully broadcasting live sporting events globally via the Internet, we feel they are the ideal partner to distribute the tournament to audiences worldwide.”
A special advance order All Access Pass for Wimbledon Live is available for GBP 9.95 in the UK and $19.95 in the US and the rest of the world prior to the first day of competition.
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.
