News Broadcasting
Watch the exclusive Indian Television premiere of Tai Chi Zero on MOVIES NOW!
MUMBAI: Kung Fu, Karate, Kick boxing, you have seen it all on MOVIES NOW and now be the first to witness Tai Chi! This December, the channel brings Hollywood fans the exclusive premiere of the biggest wildest and toughest shaolin movie-Tai Chi Zero!
If the pace & speed of Karate awestruck you, Tai Chi will get your heart pumping like never before! If the immaculate strikes of Kung Fu defeated the bad guys, Tai Chi will shred them apart! With its frisky camerawork, eclectic scenario and playful stylization, the Chinese period action romp Tai Chi Zero is an impressive package. Catch this quick deadly art form on MOVIES NOW for the first time as it showcases on Indian Television.
Lu Chan, passionate to learn the fighting style Tai Chi arrives at the legendary Chen Village but learns this form is taught only to the locals. Watch his action packed journey when he accepts their challenge to a series of fights! Will the villagers be successful in discouraging him from learning the form or will Lu Chan win them over? Sit tight to know his fate on the 28th of December at 9pm only on MOVIES NOW!
Visually exuberant, the film was appreciated for its effects, set design and overall look. The hit went on to become the official selection for the Venice Film Festival 2012, Toronto Film Festival 2012, Busan Film Festival 2012 and won awards for the Best Action Choreography, Best Costume Design, Best Set Design and Best Visual Effects in the Hong Kong Film Awards 2012.
Directed by Stephen Fung, the film became widely popular and known for its unique and revolutionary fighting style. Don’t miss this pulsating blockbuster exclusively on MOVIES NOW on the 28th of December at 9pm!
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.
