Commercial BBC to draw back

The BBC has been told to cut back its commercial activities with its Worldwide arm being banned from mergers and acquisitions. Also, it will be forced to sell off any of its operations that are not ‘in keeping with the BBC brand’.

Under these rules, Worldwide would not have been able to take over Redwood in the 1980s – which launched almost all today’s BBC magazines – or its Bristol-based Origin division, or Lonely Planet, probably its most controversial move.

In 2005, Worldwide was forced to sell women’s monthly Eve because it did not fit with the BBC’s aims.

BBC profile

One Response to “Commercial BBC to draw back”

  1. Now the lords want to private BBC Worldwide « Magforum Says:

    […] November, Worldwide was told by Sir Michael Lyons, chairman of the BBC Trust, to cut back on its commercial operations, the profits from which are used to fund […]

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: