News Broadcasting
Facebook making people cling to TV
CANNES: Whoever said Facebook and others of its ilk were responsible for driving audiences away from television would be forced to do a rethink after this gem of a revelation from Facebook VP of partnership, Dan Rose.
“Facebook now talks of television. And discussions or comments between friends are more about content aired on television,” said Rose in his keynote address on the inaugural day of Mipcom.
And it didn’t end there. He went on to announce: “We have expanded our list of data partners across the globe.”
Among the ten global TV companies with whom Facebook has partnered is Star India for beta test- this being its first partnership in India. Says Star India, EVP marketing and communications Gayatri Yadav: Star India will be the first media brand in India to partner with Facebook as part of a beta to use their APIs in our programming. The goal is to work closely with Facebook to develop this offering and leverage this tool to gain rich insights into social conversations on Facebook related to our content. Today the first port of call for consumers when they want to talk about content is often social media people love sharing their thoughts and feelings about the latest shows online. This will help us better understand audience reactions to programming and deliver better real time consumer insight.”
The other networks include: TF1, Esporte Interativo, Canal+, CBC, Food Network, Channel 4, ProSieben, and Discovery.”
Rose explained how social media had become an inseparable part of television. “There is now an intersection of social media and TV. In fact, now, TV is leveraging new technology to improve its experience with social media,” he said, while addressing a packed auditorium at the Palais des Festivals in Cannes.
Referring to Facebook as the second screen, Rose said: “So while everyone thought we were driving people away from TV, the second screen is in fact making them cling to TV.”
Substantiating his statement with facts, Rose elaborated: “There were 29 million interactions on Facebook about Wimbledon. When MTV Video Music Awards was aired, there were 26.5 million interactions about the awards on Facebook. Also, NBA finals received close to 125 million interactions.”
Statistically speaking, there are 1.15 billion people on Facebook today. An average mobile user in the US spends approximately 14 hours every month on FB and nearly six hours on Instagram. 18 million people in France are active users of Facebook, of which 11 million use mobile phones for it.
Asked what keeps Facebook alive and ticking, Rose said: “There are three best practices to follow: One, to spark the conversation. Facebook has added #Hashtags and also come up with trending topics to spark conversations. Two, we connect with fans through public figures. People on Facebook love hearing from public figures. And thirdly, leverage tools. We launched public feed API that gives real time feed of public posts.”
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.
