News Broadcasting
World’s first Internet TV network goes live 24×7
MUMBAI: The world’s first Internet television network Mania TV! has gone live round the clock. ManiaTV! delivers the next revolution in television- live Internet TV, which broadcasts live solely over the Internet.
ManiaTV! was founded by whiz kid Flounder, whose love for television and the Internet culminated in the marriage of the two. Flounder believes that the Internet is the medium of the future.
ManiaTV! delivers the best mix of music, short films, action sports, video games, cartoons and news, which are all hosted live by ‘Cyber Jockeys’. Viewers can rap with them via webcams, IM, Skype, chat, and more. Also, viewers can submit shorts, dedications and requests to interact and influence what gets aired.
ManiaTV! has a library of thousands of music videos, short films, animations; plus dozens of programmes like A.D.D Afternoon, Politix, Shiny and New, 1080, Arcade, MOP, to keep viewers entertained and addicted.
ManiaTV! advisors includes Carat CEO David Verklin, 2Fast2Furious’ John Singleton, King of Queens’ David Litt, Softbank’s Mike Perlis, Forbes publisher Rich Karlgaard, and many others. Its partners include major music labels, action sports creators and top animators like the Simpson’s creator Klasky Csupo. On the advertiser’s front, offline and online leaders like DaimlerChrysler, Norelco, US Navy, Princeton Review, eBags, AllPosters, Dell and Intel are in its kitty.
Also notable is the fact that ManiaTV! is the first Internet TV Network, which is free. It has 30 entertaining programmes with interactive capabilities.
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.
