BBC Worldwide, the commercial arm of the BBC, announced that it has agreed to sell the travel guide business Lonely Planet to NC2 Media, following approval from the BBC Trust. BBC Worldwide will receive AU$75m (£51.5m) for 100% of Lonely Planet with AU$60m (£41.2m) paid on completion and AU$15m (£10.3m) paid in one year’s time. The move follows the BBC’s commercial review last year which set out the company’s strategy to focus on BBC brands and promote the … [Read more...] about BBC Worldwide to sell Lonely Planet