News Broadcasting
CNN International expands its Asia Pacific editorial team
MUMBAI: CNN International has announced the expansion of its Asia Pacific editorial team with CNNMoney to have a presence in New Delhi plus additional staff in its Hong Kong bureau.
CNNMoney is CNN’s top destination for money news, reporting the latest business headlines and top financial stories for viewers and readers all over the world. Headquartered in New York, with a presence in London and Hong Kong, the new India position marks the next phase of CNNMoney’s expansion for Asia Pacific and further strengthens the world’s largest global business news source.
The New Delhi post will be held by associate editor Charles Riley who will be responsible for reporting on key economic stories and developing new editorial content from India and expanding the network’s business coverage from the region. Riley was most recently based in Hong Kong where he pioneered CNNMoney’s coverage from Asia. His Hong Kong role will be filled by CNN Digital producer Jethro Mullen who will join the CNNMoney team in January.
CNN International has also appointed an additional three new members to the Hong Kong editorial team, further cementing its position as a centre for newsgathering excellence. Juliet Perry joins as a digital producer and Natalie Leung takes on the role of associate designer – both charged with enhancing desktop, mobile and social platform capabilities. On the news desk, Zahra Ullah joins as an assignment editor bolstering the already strong line-up of senior producers.
“Nothing gives me greater pleasure than finishing the year with expanding our editorial presence in India and Hong Kong,” said CNN International senior VP and managing editor Ellana Lee. “Increasing our resources shows once again our commitment to Asia-Pacific and the strength of our newsgathering capabilities.”
The Hong Kong bureau will continue to grow in 2016 with further staff appointments expected to be made in the first quarter of next year.
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.
