BBC Worldwide's Brdcast, Resources divisions on sale

 MUMBAI: The times are a changing at BBC Worldwide. Earlier this month the BBC's commercial arm sold its women's magazine Eve to UK publishing group Haymarket.

Now media reports indicate that BBC Broadcast and BBC Resources could be the next to go.

Next month BBC Worldwide's board is expected to approve a plan which involves selling five businesses. This will lead to several hundred job losses and disposals of non-core businesses such as audio books and educational publishing.

A report in The Guardian states that the sale of BBC Broadcast is imminent. The corporation is expected to put out an ad to this effect in trade publications next month. BBC Broadcast is involved in among other things designing the look, feel of channels. BBC's channels make up 80 per cent of BBC Broadcast's business. BBC Broadcast employs about 1,000 people in three divisions.

Meanwhile BBC Resources' divisions include studios, costumes and outside broadcast (for sports ). The management is said to be keen to put long-term contracts in place with the BBC before any sale. BBC Worldwide is also looking for joint venture partners for its audio books division. For BBC Learning the corporation is already talking to educational publishers such as Pearson in the UK.

After Eve other publications that the BBC is expected to sell from the magazine division include Your Hair. Rivals such as IPC and Emap were disappointed that the BBC did not decide to sell more of its top-selling magazines. However the BBC is said to be determined not to sell Radio Times.

Latest Reads
Nat Geo to showcase 'Before The Flood' TVC-free

On the heels of last Friday’s theatrical release of the critically acclaimed film 'Before the Flood' in New York and Los Angeles, National Geographic Global Networks CEO, Courteney Monroe, shared the network's plans to premier the show commercial free across digital and streaming platforms around...

Television TV Channels Factual & Documentary
Disney India acquires rights of 'Freaktown'

Disney India has acquired the Canadian animated comedy series 'Freaktown' from Portfolio Entertainment. Broadcasters in the UK and Denmark have also acquired the rights for the same movie.

Television TV Channels Kids
ZMCL to demerge print biz into DMCL, list; approves new home shopping channel

The board of directors of ZMCL has inter alia approved a draft of Scheme of Arrangement and Amalgamation for demerger of print media undertaking of the company into Diligent Media Corporation Limited (DMCL), merger of Mediavest India Private Limited and Pri Media Services Private Limited into DMCL...

Television TV Channels News Broadcasting
DD D-G Sahu elected Asia-Pacific Broadcasting vice-president

Doordarshan Director General Supriya Sahu has been elected as the new vice-president of the Asia-Pacific Broadcasting Union. The election was held during the 53rd annual Asia-Pacific Broadcasting Union General Assembly hosted by the Indonesian public broadcaster RRI,

Television TV Channels People
Star Movies presents 'Films To See...' every weekday starting 7 Nov

Star Movies Select HD has been staying true to its promise of impeccable curation by showcasing the best. Star Movies sets standards of storytelling high inspiring a lot of others to try and re-invent the art of movie showcasing business.

Television TV Channels English Entertainment
Q2-17: Zee Media operating profit up

BENGALURU: The Essel Group’s news network Zee Media Corporation Limited (ZMCL) reported more than double (2.47 times) year-over-year (y-o-y) operating profit (Simple EBIDTA) for the quarter ended 30 September 2016 (Q2-17, current quarter) . The company reported EBIDTA of Rs 18 crore (14.3 per cent...

Television TV Channels GECs
National Geographic Channel to undergo major rebranding

MUMBAI: Come 14 November and the National Geographic Channel will have a new shortened sobriquet. The word channel will disappear from its name and it will be simply known as National Geographic and a new tagline “Further.” The change is expected to take place simultaneously across all the 445...

Television TV Channels Factual & Documentary
Maha Cartoon targets 65 per cent rural HSM via DD FreeDish, 2000 LCOs

Who can forget the Charlie Chaplin show which entertained the world audience of all ages. Maha Cartoon, the first free-to-air (FTA) Hindi cartoon channel targeted at the Hindi-speaking markets (HSM), will be launched on India's largest DTH platform DD FreeDish on 1 November. The new Maha Cartoon...

Television TV Channels Kids
Vikram Chandra steps down; KVL Narayan Rao is new NDTV group CEO

The rumours that were making rounds of Vikram Chandra quitting NDTV have now been put to rest.

Television TV Channels People

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories