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Yahoo partners with Al Gore’s Current TV for online video venture
MUMBAI: To explore the huge potential that the user-generated content offers in an online environment, Yahoo Inc. has associated with the US-based media company Current TV, promoted by former US vice president Al Gore, to create online video programmes.
The service, christened the Yahoo Current Network (video.yahoo.com/currenttv) will launch on 20 September with four channels.
One of the channels named Current Buzz will feature segments related to the news. The other channels will cover travel, sports and cars.
According to a New York Times report, each channel will have one professionally produced segment a day and about 10 segments designed by users. Amateur videographers whose clips are chosen for online delivery will receive $100. If a clip is also broadcast on Current’s television network, the producer will receive between $500 and $1,000.
The development underlines the market’s keenness towards web-based user-generated content. Microsoft on Tuesday announced its entry into the segment with the beta release of Soapbox on MSN Video. With this, Microsoft plans to take on YouTube, the market leader.
MUMBAI: When margins wobble, liquidity talks and in Q3 FY25-26, cash did most of the talking. Den Networks Limited closed the December quarter with consolidated revenue of Rs.251 crore, marginally higher than the previous quarter but down 4 per cent year-on-year, even as profitability stayed resilient on the back of strong cash reserves and disciplined cost control.
Subscription income softened to Rs.98 crore, slipping 3 per cent sequentially and 14 per cent from last year, while placement and marketing income offered some cheer, rising 15 per cent quarter-on-quarter to Rs.148 crore. Total costs climbed faster than revenue, up 7 per cent QoQ to Rs.238 crore, driven largely by higher content costs and operating expenses. As a result, EBITDA dropped sharply to Rs.13 crore from Rs.19 crore in Q2 and Rs.28 crore a year ago, pulling margins down to 5 per cent.
Yet, the bottom line refused to blink. Profit after tax stood at Rs.40 crore, up 15 per cent sequentially and only marginally lower than last year’s Rs.42 crore. A healthy Rs.57 crore in other income helped cushion operating pressure, keeping profit before tax at Rs.48 crore, broadly stable quarter-on-quarter despite the tougher cost environment.
The real headline-grabber, however, sits on the balance sheet. The company remains debt-free, with cash and cash equivalents swelling to Rs.3,279 crore as of December 31, 2025. Net worth rose to Rs.3,748 crore, while online collections accounted for 97 per cent of total receipts, underscoring strong cash discipline across operations, including subsidiaries.
In short, while Q3 showed signs of operating strain, the financial backbone remains solid. With zero gross debt, steady profits and a formidable cash war chest, the company enters the next quarter with flexibility firmly on its side proving that in uncertain markets, balance sheet strength can be the best growth strategy.
