News Broadcasting
The Golden Globe shines on HBO
HBO scored big at the 2002 Golden Globe awards which were shown live on Star World early Monday morning. The network grabbed six awards from its 19 nominations. NBC had 15 nominations and ABC had 11. ABC nabbed three wins while Fox and TNT took home one each.
Best Drama series went to HBO’s ‘Six Feet Under’. The comedy series went to `Sex and the City’ with Sarah Jessica Parker also getting recognised. In the category supporting actor series, miniseries or movie made for television Stabley Tucci won for HBO’s tense drama ‘Conspiracy which tells the story of a conference Germany had during World War II.
‘Band of Brothers’ won in the category of miniseries or movie made for television. Executive producer Tom Hanks accepted the award with co-producer Steven Spielberg. HBO’s gangster saga ‘The Soprano’s’ went home empty handed as did ‘Wit’ its film with Emma Thompson battling cancer.
As far as the remaining networks were concerned the winner of the Globe for Best actor in a television series – Drama was Kiefer Sutherland for his work in Fox’s 24. Best actress in a mini-series or motion picture made for television went to Judy Davis for her performance in ‘Life with Judy Garland: Me and my shadows’. In India the film was aired on the Hallmark channel.
Best actor in a mini-series or motion picture made for television. was James Franco who played the title role in TNT’s ‘James Dean’. Best performance by an actress in a television series – drama went to Jennifer Garnet for ABC’s new show ‘Alias’.
Following the events of 11 September security was tight. For the first time, streets around the venue Merv Griffin’s Beverly Hilton Hotel were closed off. Stars exited their limos, passed through a metal detector, and had their bags searched. Airspace over the hotel was also restricted that day. Not taking any chances the FBI was present on the scene.
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.
