Cable TV
US to have new ‘Idol-like’ TV show for instrumentalists
MUMBAI: The American Youth Symphony (AYS), a non-profit organisation in the forefront of music education and awareness, will be producing a reality television talent competition for instrumental musicians called America’s Hot Musician.
The program will air its first 12 episode season in early 2007 in about 200 markets via a coordinated cable network/paid programming schedule, according to AYS executive director Susan Veres.
AYS, whose Plight of American Music Initiative has been promoted in publications such as American Teacher and has been taken up in hundreds of schools nationwide, is developing this television program amid what it calls a “stealth crisis” within the MTV/Hip Hop Generation.
“The crisis involves the pervasiveness of sampling and rapping, which has deterred interest in instrumental performance and patronage by young people,” said AYS artistic director Gregory Charles Royal.
Royal, who is the creative producer of the show, was a trombonist in the Grammy Award-winning Duke Ellington Orchestra , the Broadway hit Five Guys Named Moe, and in the horn sections of many top artists including Gladys Knight, The Temptations and The Four Tops.
The show is similar to American Idol in its target demographic, format and entertainment component but will feature instrumental musicians who audition on camera in cities across America. They will compete for a chance to record a solo album.
The judging panel will include a couple of luminaries that will be announced at a press conference set for June 2006. Registration for contestants will begin 20 March through the America’s Hot Musician website. There will be an $8 registration fee for entrants to help offset the non-profit organisation’s costs.
Veres says, “We feel this program is so important to help bridge the gap between instrumental performance and the young demographic which might lead to a more wide spread interest in instrumental performance and patronage.”
Cable TV
Den Networks Q3 profit steady despite revenue pressure
MUMBAI: When margins wobble, liquidity talks and in Q3 FY25-26, cash did most of the talking. Den Networks Limited closed the December quarter with consolidated revenue of Rs.251 crore, marginally higher than the previous quarter but down 4 per cent year-on-year, even as profitability stayed resilient on the back of strong cash reserves and disciplined cost control.
Subscription income softened to Rs.98 crore, slipping 3 per cent sequentially and 14 per cent from last year, while placement and marketing income offered some cheer, rising 15 per cent quarter-on-quarter to Rs.148 crore. Total costs climbed faster than revenue, up 7 per cent QoQ to Rs.238 crore, driven largely by higher content costs and operating expenses. As a result, EBITDA dropped sharply to Rs.13 crore from Rs.19 crore in Q2 and Rs.28 crore a year ago, pulling margins down to 5 per cent.
Yet, the bottom line refused to blink. Profit after tax stood at Rs.40 crore, up 15 per cent sequentially and only marginally lower than last year’s Rs.42 crore. A healthy Rs.57 crore in other income helped cushion operating pressure, keeping profit before tax at Rs.48 crore, broadly stable quarter-on-quarter despite the tougher cost environment.
The real headline-grabber, however, sits on the balance sheet. The company remains debt-free, with cash and cash equivalents swelling to Rs.3,279 crore as of December 31, 2025. Net worth rose to Rs.3,748 crore, while online collections accounted for 97 per cent of total receipts, underscoring strong cash discipline across operations, including subsidiaries.
In short, while Q3 showed signs of operating strain, the financial backbone remains solid. With zero gross debt, steady profits and a formidable cash war chest, the company enters the next quarter with flexibility firmly on its side proving that in uncertain markets, balance sheet strength can be the best growth strategy.








