News Broadcasting
WarnerMedia integrates organisational structure in India, Clement Schwebig to lead
KOLKATA: WarnerMedia International has unveiled its new-look for India, southeast Asia and Korea organization and leadership, strengthening its position and commitment to the region. This unites WarnerMedia Entertainment Networks comprising the legacy Turner and HBO businesses with Warner Bros. including theatrical distribution, TV syndication, home entertainment as well as consumer products, gaming and location-based entertainment.
It forms one of the most powerful integrated entertainment media operations in the region, including TV brands (HBO, Cartoon Network and CNN), the HBO GO streaming service, and hugely popular Warner Bros. franchises like Looney Tunes and the entire DC universe.
The organisation will be led by WarnerMedia head for India, southeast Asia and Korea Clement Schwebi.
With the announcement of his leadership team, Schwebig commented: “We have tremendous depth and breadth of talent across our organization and combined, we are definitely better together. We’ve put in place a unique organizational structure for growth that is designed to sharpen our focus on the consumer and build stronger relationships with our local partners. Integrating our commercial activities, content and marketing functions will enable us to leverage our enhanced scale and bigger footprint of consumer touchpoints across our varied businesses, brands, franchises and platforms.”
The leadership team for the region now comprises:
Lines of Business
· Yasmin Zahid heads up affiliate & B2B distribution for all WarnerMedia linear TV networks including HBO channels, CNN International, Cartoon Network, Boomerang, POGO, Warner TV and Oh!K, as well as lead B2B carriage partnerships for the HBO GO streaming service
· David Simonsen continues to lead the development of HBO GO in Southeast Asia. He will work closely with Johannes Larcher’s global HBO Max team to lay the foundation for its future launch
· Jae Chang heads up TV distribution and home entertainment overseeing all physical and digital distribution licensing for all WarnerMedia content in the region.
· Vikram Sharma takes charge of consumer products, advertising and partnerships leading both the licensing & merchandising business for all WarnerMedia IP, brands and franchises, as well as the advertising sales business for all WarnerMedia brands on all platforms linear and digital
· A new lead for theatrical distribution is being identified. In the meantime, all country managing directors will report directly into Clement Schwebig
Functions
· Magdalene Ew takes charge of the company’s consolidated entertainment pillar including all HBO channels, Warner TV and Oh!K as well as Ding Ji Theatre in China. She will also oversee all entertainment original productions in the region, including HBO Asia Originals
·Athreyan Sundararajan leads an integrated group marketing team for all WarnerMedia business, including advertising and distribution sales trade, consumer and brand as well as theatrical. Creative services and social Media will also report into him
· Shonali Bedi heads up strategy and operations including all transformation initiatives in the region and also takes on expanded responsibilities for Research and Insights
· Leslie Lee continues to lead all the kids brands for WarnerMedia across Asia Pacific, including India, southeast Asia and Korea.
With these changes and the new organization structure, WarnerMedia SVP and MD South Asia Siddharth Jain, and SVP of original productions – entertainment Jessica Kam will be leaving.
Schwebig added: “We owe Sid and Jessica a huge debt of gratitude for the many years of significant contribution they have made to WarnerMedia. They have each in their own way left a lasting legacy and helped build an incredible foundation for the future of our businesses.”
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.
