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Conax all-inclusive DRM portfolio for Latin America now includes in-the-cloud solutions for pay-TV operators and content distributors

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MUMBAI: S?o Paulo, Brazil, August 5th, 2013: ABTA 2013 Expo & Conference — Conax, a leading global provider of solutions for securing multi-device and digital video content distribution, today announced an all-inclusive strategy for the Latin America pay-TV market. In addition to the recent announcements of secure DRM deployments at Cablemás, Nuevo Siglo and Montecable, content protection specialist Conax is partnering with systems integrator Bold MSS for a hosted IPTV solution, based on Conax Contego Unite™ and including middleware from Cubiware. Now operators of all sizes can readily embrace new pay-TV solutions, launching advanced platforms with low capital expenditure while positioning for market-differentiating offers such as OTT VOD and multiscreen services.

Bold MSS will provide a hosted IPTV solution designed for smaller Latin America operators keen to embrace VOD and other interactive services enabling enhanced consumer offerings. In addition to the expertise provided by the highly skilled technicians at Bold MSS, the new service will include world-class security from Conax and market-leading middleware from Cubiware.

“We are very excited by the tremendous demand for advanced services in Latin America and the opportunity to help operators grow. When selecting a security solution, operators should choose a partner with a solid security history and a long record of profitability to assure themselves a strong future. To help operators yield profits on their OTT investments, Conax is cultivating strategic partnerships to enable highly diverse pay-TV market segments to earn on advanced On-demand offerings – through flexible, fast-to-market and secure DRM solutions,” says Rohit Mehra, VP Americas, Conax.

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Together with Bold MSS and strategic partners, Conax is offering a highly unique portfolio of advanced content security solutions tailored for the varying needs of operators and providers of pay-content delivery in varying market segments.

Secure solutions for all sizes of operations

Latin American operators of all sizes can maintain and increase their market share and make money by enabling a unique consumer experience by adding new features and solutions, through deployment of market differentiating services such as VOD, Live TV, and multiscreen offerings for a growing ecosystem of broadband-savvy consumers. Conax is offering operators secure, Hybrid OTT solutions with fast time-to-market at reduced costs allowing operators to profit on multiscreen content. A sample of solutions offered by Conax:

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1) Conax Xtend Multiscreen™: Pre-integrated solution with fast time-to-market, based on Conax Contego Unite™ secure DRM, chosen by Cablem?s, Mexico

2) Conax Contego Unite™ – highly flexible OTT solution based on 25 years of market-leading experience and security track record, selected by Nuevo Siglo and Montecable

3) Hosted secure IPTV Solution, based on Conax Contego Unite™ and hosted by Bold MSS, for smaller operators in Latin America looking to enhance their broadband offerings by including pay-TV and On -demand services

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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.

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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.

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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.

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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.

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