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US networks go overboard to ‘cover’ for Jackson repeat

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MUMBAI: One fallout of all the jumping around that has been going on following pop princess Janet Jackson’s half time flash at last Sunday’s Super Bowl is the way the US broadcast networks are falling over themselves to prevent any repeat.

The first of course is CBS which took the most heat for Jackson’s breast bare. Sunday’s (Monday morning in India) upcoming telecast of the Grammy Awards will be delayed live to allow censors to suitable edit both audio and video images.

It doesn’t stop there though. ABC’s live telecast of the Oscars on 29 February will for the first time see the network implementing a delayed airing. One wonders if this has anything to do with the Super bowl show-all or provides ABC a convenient escape route to edit out any unwanted anti-establishment tirades similar to what Michael Moore delivered last year. Moore, while picking up the award for best documentary for his anti-gun film Bowling for Columbine had trashed President George Bush as well as the US-led invasion of Iraq. To quote Moore from his speech: “We live in a time with fictitious election results that elect fictitious presidents. We live in a time when we have a man sending us to war for fictitious reasons.”

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It needs noting here that ABC’s decision to use a delay on the Oscars was made over the objections of the Academy of Motion Picture Arts and Sciences.

The “cover-up” wave extends to beyond just live events. NBC network edited Thursday’s episode of ERto remove a brief shot of an elderly patient’s breast.

Defending its action, the network said it had “unfortunately concluded that the atmosphere created by this week’s events has made it too difficult for many of our affiliates to air” what producer John Wells called “the incidental exposure of an elderly woman’s breast in the context of a medical trauma.” And Wells was pointed in his criticism of the ERediting, issuing a statement that it could have a “chilling effect” on writers.

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One only hopes that the network “crackdown” is just a passing phase and will will be given a quiet burial once the dust has settled on the Jackson affair.

Speaking of Jackson, a Fox News report says that some deal is being worked out wherein both Jackson and the man who actually did the “rip-off” pop toy boy Justin Timberlake will be part of the Grammy telecast on CBS.

Till now the news had been that only Timberlake would definitely be performing (being nominated for five Grammies, including Album of the Year is a great incentive to be forgiven any transgression).

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According to Fox, the proviso for getting re-entry is that each of them must issue a one-sentence apology on screen about their actions at the Super Bowl.

Could the reported softening have anything to do with Jackson’s boyfriend, producer Jermaine Dupri, protest resignation from the Atlanta chapter of NARAS? Maybe, maybe not.

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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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