News Broadcasting
Virgin America signs on Disney, Fox, Paramount & Warner Bros for in-flight content
MUMBAI: Virgin America, the new U.S. start-up airline has announced a collection of launch studio partners for its in-flight entertainment (IFE). The airline has reached individual agreements with Disney, Fox, Paramount Pictures and Warner Brothers to provide theatrical content at every seat and on every flight.
Although details of the deals are not being disclosed, the agreements will provide Virgin America’s guests with the best in motion picture and television entertainment. The airline’s industry onboard entertainment will offer its customers ‘pay-per-view’ movies, live TV via satellite, a wide array of audio music entertainment including the ability to compile individual audio playlists, a broad selection of popular electronic games, and even meals on-demand, informs an official release.
“Our partnerships with Disney, Fox, Paramount, and Warner Brothers are helping us redefine the travelling experience as it exists for airline customers today,” said Virgin America director inflight entertainment and partnerships, Charles Ogilvie. “Our guests will be able to pick from the latest and greatest Hollywood has to offer and enjoy their entertainment selections on their own schedule from the comfort of their seat.”
“Disney is happy to be part of the Virgin America team’s challenge to redefine the inflight entertainment experience,” said Disney Non-Theatrical Distribution senior vice president, Linda Palmer. “All arms of this studio are excited about Virgin America taking flight!”
“Interactive entertainment is a space that Paramount is excited about. Being members of the Virgin America launch team is something that we are excited about and is an important milestone as the U.S. domestic industry progresses toward more interactive inflight entertainment,” said Paramount non-theatrical distribution senior vice president Joan Filippini.
The airline previously announced entertainment partners including CoKinetic Systems Corporation, IMS, Inflight Canada, Pace Communications, Panasonic Avionics, Spafax, and Wunderman. A new addition to team is the New York-based Anomaly agency.
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.
