News Broadcasting
Research and Markets’ ‘Spotlight on Television 2.0 Leaders’ focuses on Disney
MUMBAI: Market research and market data provider Research and Markets has announced the addition of ‘Spotlight on Television 2.0 Leaders: The Walt Disney Company’, to their offering.
An exclusive analysis of Disney’s current and projected sale of downloadable video is spelled out in ‘Spotlight on Television 2.0 Leaders: The Walt Disney Company’, the latest report in the series that takes a close look at the companies shaping the new video-over-the-Internet and mobile TV businesses, informs an official release.
Disney’s agreement to sell TV shows and movies on iTunes could generate around $324 million in sales for the company in 2008, a new revenue stream that reflects just one of the entertainment and TV giants innovative forays into the TV 2.0 sector.
More than any other single event, Disney’s landmark deals to deliver TV shows via Apples iTunes store helped usher in the new era of Internet-delivered TV. Now, Disney stands alone among its studio peers in selling films on iTunes. Both of these moves have handed Disney a growing source of new revenue, one that promises to climb from only $44 million this year, to $150 million in 2007 and over $320 million in 2008, adds the release.
Despite the growth prospects, however, downloadable TV show and movie sales will still represent a tiny percentage of Disney’s overall revenue, less than 1% of the media and entertainment leaders current annual revenues. But Disney’s TV 2.0 initiatives cover a broad spectrum of activities, many of which — such as the streamed delivery of ad-supported primetime TV shows on the web — represent far bigger businesses than the sale of downloadable video.
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.
