News Broadcasting
Visiware makes interactive TV game from ‘Fast and The Furious’ film
MUMBAI: Further to the license agreement between Visiware and Universal Studios Consumer Products Group to bring Universal Pictures properties to interactive TV gaming, Visiware has driven its latest game, The Fast and the Furious to the starting line.
Inspired by the action film The Fast and the Furious: Tokyo Drift, this sporting arcade game challenges players to experience the atmosphere of the underground Tokyo drift. For the uninitiated, this is a form of racing that replaces simple drag racing with a rubber-burning, automotive art form that consists of an exhilarating balance of speeding and gliding through a course of hairpin turns and switchbacks racing world. Viewers can do this all on their television screens.
The game features three different modes in which the goal is to become the new Drift King. In Drift King mode, players race head-to-head against one to three opponents. In Pursuit mode, players must prevent their opponents from catching their car, while in Time Attack mode, players strive to set the fastest lap time. Authentic sound effects and images from the film are featured in the game.
Visiware chairman Laurant Weill says, “We are happy to be partners with a group that has really made efforts to understand the interactive TV gaming market. It is a pleasure to work with Universal’s creative and professional team, especially on such an exciting project as The Fast and the Furious. We believe this is the best racing game available to date on interactive TV.”
Universal Studios Consumer Products Group VP interactive Bill Kispert says, “The new film is an adrenaline ride, and Visiware embraced the challenge of creating an innovative racing game for iTV.
“Whether racing against the clock, or fender to fender with an opponent, it’s fantastic that players can become armchair racers — and experience The Fast and the Furious brand — all with a click of their TV remote controls.”
NBC Universal director of interactive TV, Jon Dakss says, “Visiware continues to push the boundaries of gameplay on the iTV platform. This game has wonderful balance and will appeal to racing fans and casual gamers alike.”
The Fast and the Furious is the third game released by Visiware in collaboration with Universal. The first two games developed under the partnership were based on the blockbuster King Kong — included a quiz game and an arcade game.
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.
