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TV9 Network forays into Bengal market

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NEW DELHI: With the aim to further reinforce its regional dominance and consolidate its position as the number one news network in the country, TV9 Network has embarked on a massive expansion plan for both its linear television as well as digital news businesses in West Bengal. The expansion plan will kick off with the launch of TV9 Bangla, a 24X7 news channel in the dynamic Bengal news market early next year. 

Before the launch of TV9 Bangla, the network will unveil its digital offering, tv9bangla.com in December. As West Bengal prepares to go to the hustings, the grand entry of TV9 Bangla digital and TV platforms will be a game-changer for the robust Bangla news market. 

TV9 Network CEO Barun Das said: “Gopal Krishna Gokhalre had famously said – ‘What Bengal thinks today, India thinks tomorrow’. But nearly a century later it would seem like that statement applies more to Bengal’s past than the present. An intellectually progressive state and exporter of the best talent to India and the world, we believe the state and its people still retain the wisdom and wares to make that its future as well. Bengalis are the typical argumentative Indians, they want to keep her ear to the ground and hence are naturally drawn to the news."

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“More importantly, Bengalis are proud of their language and largely consume news in their language. The discerning Bengali viewer will always have room for a neutral perspective and a balanced opinion. That’s the place in the Bengali heart and mind that TV9 Bangla aspires to occupy. We are here to strike the right balance with neutrality and a fair perspective forming the core of our operations. Our unbiased coverage and world-class presentation will give teeth to the Fourth Estate in West Bengal,” added Das. 

On the timing of the launch, Das said: “The state is already into election mode. Indirect canvassing has already started and the heat is building up. Given Bengal’s propensity for the free flow of information, news viewership is bound to peak. We believe this is a perfect opportunity for TV9 Bangla to establish its credentials and win the maximum share of viewership and voice.”

The network has onboarded veteran journalist Anjan Bandyopadhyay as the editor of TV9 Bangla news channel. A gold medallist from Calcutta University, Bandyopadhyay has 32 years of experience and has worked with almost all major media houses, including ABP, Zee, ETV and Sky Bangla. He was the Editor input of Zee 24 Ghanta and his last assignment was with ABP as its Editor-Digital.

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Hiring for both the platforms is in full swing.  Amritanshu Bhattacharya has also joined as the editor, TV9 Bengali Digital and will also serve as deputy managing editor, output, for the television channel. Bhattacharya comes with a rich experience of more than 25 years across print, audio visual and digital media, having worked with Jugantar, Aajkaal, ETV and Zee Media Corp. His last assignment was as an associate editor and head of digital of Zee 24 Ghanta.

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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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