News Broadcasting
Star adds Marathi news channel, eyes more
MUMBAI: Media Content and Communications Services (MCCS), the joint venture between Star and ABP Group, has decided to roll out a slew of regional news channels ahead of an English news channel launch.
The company is launching the Marathi-language news channel, Star Majha (My Star), on 22 June. MCCS already operates Star News and Star Ananda in Hindi and Bengali.
“We are going to launch more news channels in the regional space as they are mass-based. We, however, haven’t yet firmed up our plans on the markets we are going to launch next,” says MCCS vice president Barun Das.
Star Majha’s tag line is ‘Open your eyes, Look closely’. There will also be an official website for the channel, www.starmajha.com.
The news channel will initially be free to air (FTA). With 17 bureaus spread all over Maharasthra, Star Majha will leverage the strengths of Star News for national content and the Fox and Sky network for international news.
The youngest sibling in the bouquet will stay with the image of being a “people’s” channel. It will focus on issues and not just events with the core target audience in the age group between 22-35 years.
The channel will have a “Maharashtra-centric” approach and highlight the “modern and new outlook of every Marathi.” It will cover a variety of shows on politics, sports, entertainment, culture, education, career, real estate, religion, yoga, astrology and lifestyle.
Commenting on the requirement of another news channel in the already cluttered market, Das has this to offer. “Hindi news channel viewership has doubled over last year, which clearly indicates that there is huge appetite for news. It does not create fatigue unlike the general entertainment channels. The definition of news is also changing. Anything that is relevant and contemporary is news and even news shows on saas-bahu serials in the afternoon slot is almost like a prime time band.”
Says Star India CEO Uday Shankar, “Maharashtra is at the forefront of reshaping the Indian society and economy and Star Majha is a new age channel for the new age Maharashtrian. Given the pattern of growing demand the launch of a specialized Marathi news channel of this nature is a natural requirement for the region.”
The Marathi news space is going to see a flood of launches including TV 18 Group which has signed a joint venture with Lokmat Group, and Hyderabad-based TV9. Early this year, Zee launched 24 Tas.
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.
