News Broadcasting
Kim Novak, Guest of Honour at the 66th Festival de Cannes
To mark the restoration of one of the masterpieces of world cinema, Alfred Hitchcock’s Vertigo, the Festival de Cannes has invited its heroine, Kim Novak, to grace the event with her presence.
Novak will attend the screening of Vertigo, filmed in 1958, which will be shown in its restored form as part of Cannes Classics.
She will also take part in the closing ceremony for the 66th Festival de Cannes where she will award one of the Prizes on Sunday 26 May 2013.
Novak first attended the Festival in 1959 for the presentation of Middle of the Night by Delbert Mann (Palme d’or 1955 for Marty).
Her most memorable roles included the prostitute with a big heart in Kiss Me, Stupid by Billy Wilder, the witch in Richard Quine’s Bell Book and Candle and the adulteress in another Quine film, Strangers When We Meet. But Kim Novak’s greatest performance was surely as the disturbing heroine of Vertigo, 1958 – Hitchock’s finest film, which he described as “a love story with a strange atmosphere.”
Of her role, Kim Novak said, “What was interesting was that the scene reflected what I was going through at the time: it was the story of a woman who was forced to be someone she wasn’t.” Unwilling to accept the iron rule of the studios, she left Hollywood prematurely in order to devote herself to painting.
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.
