News Broadcasting
Vh1 ties up with Big Fish Games & Midway to provide online games
MUMBAI: Vh1 has announced the launch of Vh1 Games the online gaming destination for gamers, puzzle experts, and pop culture fans. For this initiative, Vh1 has teamed up with the game developer and distributor Big Fish Games and the interactive entertainment software publisher and developer Midway.
Big Fish Games has been tapped for their expertise in the downloadable game market, game publishing, and merchandising. Through its licensing agreement with Vh1, Midway is providing authentic arcade classic games to the hub.
“We have created a gaming site that extends the Vh1 brand by playing off of Vh1’s distinct programming,” said Vh1 VP digital media Tina Imm. “Our original games and ‘Vh1 Classic Arcade’ give our viewers and the enormous numbers of casual online gamers a great mix of old and new games, editorial content, and industry news.”
In addition to a broad collection of word games, action games and puzzles, the Vh1 Games hub offers original games from Vh1, top downloadable games, and popular classic arcade games from the 70’s, 80’s and 90’s that are part of Vh1’s on-air and broadband programming.
Vh1 Games also provides gaming news and commentary through its dedicated blog, ‘Vh1 Game Break’. Vh1 Games introduces the ‘Vh1 Classic Arcade’– a collection of authentic online versions of old-school arcade classics like Spy Hunter, Joust, Defender, and Rampage.
In the classic arcade section of the site, the games will be packaged together with editorial content relevant to the time when these games were originally released.
Vh1 Games also offers original games based on Vh1’s hit TV shows and pop culture, as well as classic-inspired games including Vh1’s new mini-game compilation, The Arcade Strikes Back. Vh1’s original games include titles such as Escape the Paparazzi, Sudoku Fortunes and I Love Toys.
Players can download one hour trials of the games or purchase the full versions for $19.99.
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.
