News Broadcasting
Zee Turner channels switched off in Jaipur city
NEW DELHI: Zee Turner Limited has switched off 19 bouquet channels on a leading multi system operator in Jaipur due to non-signing of agreement with correct numbers of cable homes and non payment of outstanding cable subscription charges.
Interestingly, a day prior to deactivation the MSO had moved broadcast disputes tribunal TDSAT requesting a stay on deactivation of channels. The request was rejected.
Industry sources said that the Jaipur MSO switched off is Bhaskar TV, the television wing of regional media powerhouse Bhaskar Group, which has a joint venture with Zee promoter Subhash Chandra for DNA newspaper.
Zee Turner is a distribution joint venture between the Subhash Chandra-promoted Zee Telefilms Limited and Time Warner company Turner International India.
Latest NRS data confirms that Jaipur city has more than 2,25,000 C&S homes and the MSO controls almost 90 per cent households (2,02,500) in the city.
The households declared by the operator to Zee Turner were 38,782, which has been interpreted by the latter as under declaration.
The operator’s subscription agreement with Zee Turner expired in December
2005 and a fresh agreement had not been signed, Zee Turner said.
On expiry of a 21-day notice period on 11 October, the MSO moved TDSAT seeking a stay on deactivation of channels.
According to Zee Turner Ltd CEO Arun Poddar, “The (Jaipur) operator, taking advantage of its monopoly situation, has been avoiding signing subscription agreement and has also been under declaring subscriber households by 81 per cent. This is not acceptable to us by any means.”
Poddar added his company had been trying to resolve the issue in a “cordial manner” but “non cooperation on part of the operator” has forced them to take a harsh step and resort to deactivation.
“We are really concerned about our viewers and regret the inconvenience caused to them. We are in the process of making alternative arrangements and assure our viewers that Zee Turner channels will reach each and every household in Jaipur city very soon,” he said.
The 19 channels switched off include Zee TV, Zee Cinema, Zee Sports, Zee News, Zee Studio, HBO, Pogo, Awaaz, VH1, Zee Business Zee Bengali, Zee Gujarati, Zee Marathi, Zee Punjabi, Cartoon Network, Reality TV, CNBC, CNN, Zee Trendz and Zee Café
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.
