The BBC has reported that the BBC Trust said forecasts on which the original £132m deal was based were "too aggressive" and its estimated earnings before tax were "highly optimistic".BBC Worldwide, the commercial arm of the BBC, acquired a 75 percent stake in the guide in 2007 and completed the purchase four years later, added the report.BBC Trust's report added that BBC Worldwide lacked mechanisms to prevent it from over-paying, and the task of taking the Lonely … [Read more...] about BBC Trust report finds BBCWW made “mistakes” in “Lonely Planet” deal
BBC Trust
BBC Director-General George Entwistle resigns
BBC Director-General George Entwistle has resigned. Tim Davie, director of audio and music, will be acting Director-General. Television Asia Plus will bring you more updates shortly. Below are the statements from George Entwistle and BBC Trust chairman Lord Patten. Mr Entwistle said: "In the light of the fact that the director general is also the editor-in-chief and ultimately responsible for all content, and in the light of the unacceptable journalistic standards of the Newsnight film … [Read more...] about BBC Director-General George Entwistle resigns
George Entwistle named next Director-General of BBC
George Entwistle will succeed Mark Thompson as the Director-General of the BBC, the BBC has announced. The BBC Trust has stated that the next head of the BBC will have to settle for a smaller salary than the £671,000 earned by Thompson, who is expected to stand down from his post after the Paralympics, after eight years in the role, the BBC reported. The new Director-General's first priority will be to prepare the BBC for the review of its Royal Charter, according to the BBC. … [Read more...] about George Entwistle named next Director-General of BBC