2. Who are BBC worldwide?
• BBC Worldwide is the main commercial arm and a wholly owned subsidiary of the British
Broadcasting Corporation (BBC). Its vision is to build the BBC's brands, audiences,
commercial returns and reputation across the world. This is achieved through
investing in, commercialising and showcasing content from the BBC around the world,
in a way that is consistent with BBC standards and values. The business also
champions British creativity globally.
• In 2013/14, BBC Worldwide's headline profit was up 0.7% (or 11.6% at constant
currency) to £157.4m, on headline sales of £1,042.3m. For more detailed performance
information please see our Annual Review website.
• BBC Worldwide helps keep the Licence Fee as low as possible, returning over £1bn to the
BBC since 2007, and £173.8m in the last financial year, an increase in 11.4% from
2012/13 and equivalent to 10.1% of BBC Television content spend.
• In the past seven years the company has invested over £1bn in the UK's creative sector
making it a major supporter for this increasingly important part of the 'UK plc'. BBC
Worldwide also sells programmes and formats produced by more than 250 British
independent producers.
•
3. BBC Worldwide’s History
• In 1991, BBC World Service Television became the first commercially funded BBC
broadcasting operation after the Foreign Office refused to pay for it. BBC
Enterprises Ltd was subsequently reorganised in 1995 as BBC Worldwide Ltd.
• A review of the BBC's commercial activities took place in 2004 and concluded
that the sell off of BBC Worldwide's assets was not as advantageous as keeping
the business and driving it harder. Instead, some changes to its remit, focus,
structure and governance were made, e.g. that it would only publish titles in
the UK linked to BBC programmes or key genres.
• In 2007, BBC Worldwide purchased a 75% stake in the travel guide publisher
Lonely Planet, acquiring the final 25% of the company in 2011. The acquisition
was part of the BBC's strategy to grow its online portfolio and to increase its
operations in Australia and the USA. However, in 2013 the BBC sold Lonely
Planet to Kentucky billionaire Brad Kelley's NC2 Media for US$75 million (£51.5
million), significantly less than the £130.2 million the BBC had paid for the
company, at an £80 million loss.
4. Publications that BBC worldwide
manage?
• Easy Cook
• Countryfile
• Gardeners' World
• Gardens Illustrated
• Good Food
• Good Homes
• Homes & Antiques
• How to be Better Off
• Radio Times
• BBC News
5. Radio Times
• Radio Times is a British weekly television and radio programme
listings magazine, founded and originally published by BBC
Magazines from 1923 to 2011.
• Radio Times was first issued on 28 September 1923, carrying details
of BBC radio programmes. It was at one time the magazine with the
largest circulation in Europe.
• Radio Times is published on Tuesdays and carries listings for the
following Saturday through to Friday. This began in 1960.
6. BBC Worldwide’s target audience
• BBC Worldwide’s target audience is for people who read or watch the
news and want to know what is going on in not just the U.K but in
the world.
7. BBC Worldwide’s target audience
• BBC Worldwide’s target audience is for people who read or watch the
news and want to know what is going on in not just the U.K but in
the world.