BBC Worldwide considers part-privatisation

LONDON - Mark Thompson, the BBC's director general, has indicated the BBC could look to part-privatisation its commercial arm, BBC Worldwide, according to reports in the Guardian.

BBC Worldwide considers part-privatisation

The corporation is currently reviewing all aspects of its business after coming under fire for the salary of its executives.

BBC Worldwide had annual revenues of £1bn last year. In the past struggling broadcasters, such as Channel 4, have suggested a partnership deal with BBC Worldwide in order to support falling ad revenues.

BBC Worldwide sells the rights to BBC commissioned shows including Dr Who, Strictly Come Dancing and popular documentary programmes.

The options being discussed for the future of the commercial arm includes the possibility of a stockmarket listing of the business. If a part-privatised business model is introduced investors could buy shares while the corporation would keep control of the business.

As well as owning rights to programmes BBC Worldwide also publishes magazines and licenses merchandise.

The BBC Trust will conduct a review of BBC activities in 2012.

 

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