Bauer Media Group is a large European media company headquartered in Hamburg, Germany. It was founded in 1875 and has grown to include over 600 magazines, 4000 digital products, and 50 radio and TV stations across 17 countries. BBC Worldwide is the commercial subsidiary of the BBC, formed in 1995 to monetize and sell BBC programming internationally to supplement income from television licensing fees. It has expanded from a small department in 1979 to include divisions for video, audio, film, and merchandising.