News Broadcasting
Voom HD programming to be available in luxury hotels in HK
MUMBAI: Rainbow HD Holdings, LLC (Rainbow), has added new Voom HD content to its slate of offerings distributed by Tangerine Global, LLC to five star hotels in Hong Kong.
Rave HD is said to be the fifth Voom HD brand to be distributed by Tangerine Global, with the other four brands-Rush HD, Equator HD, Ultra HD and Gallery HD.
Rave HD will be accessible to Mandarin Oriental Hotels’ newly refurbished flagship property in Hong Kong, according to an official release.
Provider of customised television entertainment for the hospitality industry, Tangerine Global first turned to Rainbow last year to provide high-quality HDTV content for its five-star hotel clientele, informs the statement.
The companies began with a lineup of four Rainbow brands for distribution to the Mandarin Oriental Hotel Group and The Peninsula Hotels.
Rave HD was added to the lineup earlier this month, when Hong Kong’s Mandarin Oriental Hotel reopened to a gala celebration after undergoing a $140 million dollar rennovation to incorporate revolutionary technology, comfort and design.
All guest rooms and suites now feature flat screen high-definition televisions on which guests will find Voom’s thematic programming and two additional custom HD channels-Wine & Beverage and Fitness & Yoga-developed by Tangerine.
“Voom HD content is custom-tailored to meet the discriminating tastes of the clientele served by Tangerine Global’s luxury hotelier partners,” said Rainbow senior vice president business development Glenn Oakley.
“We look forward to working with Tangerine to provide a superb entertainment experience for the Mandarin Oriental’s guests, while they expand our offerings to other five-star properties as well,” he added.
Tangerine Global CEO Stuart Levin adds, “The innovations made to The Mandarin Oriental Hong Kong are awe-inspiring, making it truly the perfect setting in which to enjoy Voom HD’s top-of-the-line programming.”
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.
