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
Lonely Planet
BBC Worldwide announces changes to advertising sales
BBC Worldwide has announced it is restructuring its advertising sales arm. Under the restructure, BBC Worldwide's ad funded media assets will be partially decentralised as its wholly owned local channel businesses are migrated into the company's regions, and it moves these businesses into regional P&Ls. The units that will remain centralised and based out of London are global advertising sales for BBC World News, BBC.com and BBC World Service, and for external clients such as Lonely Planet … [Read more...] about BBC Worldwide announces changes to advertising sales
BBC delivers more to Asia
CASBAA/Hong Kong - Jana Bennett, President Worldwide Networks and global BBC iPlayer, has shared latest plans to launch BBC branded channels in Thailand in early 2012. In her first appearance at CASBAA, Bennett will also officially unveil new channel launches in Taiwan and Indonesia. From January next year, BBC Worldwide will launch BBC Knowledge, BBC Entertainment, BBC Lifestyle and CBeebies in Thailand. While in Taiwan, BBC Worldwide Channels has concluded a deal with Chung Hwa Telecom to … [Read more...] about BBC delivers more to Asia
Wanderlust for the Asia Pacific
London – Lonely Planet is primed to take viewers in the Asia-Pacific on an adventure with the launch of a dedicated travel block. The programming block, debuting on BBC Knowledge in November, will feature new programmes to whet the appetites of travellers and armchair explorers. In Asia, Arctic With Bruce Parry, a five-part documentary series that goes deep into the region, will air in Indonesia, Malaysia, Hong Kong, Singapore and Korea on 2 November. While in Australia and New Zealand, … [Read more...] about Wanderlust for the Asia Pacific
BBC Advertising Asia appoints new Senior Vice President
BBC Worldwide announced the promotion of Sunita Rajan to Senior Vice President, BBC Advertising, Asia. Rajan will become part of BBC Worldwide’s senior management team. Her new Asia-wide remit includes overseeing all advertising activity across BBC Worldwide' commercial businesses on multiple platforms. These platforms include television, online and mobile products such as World News, BBC.com, Worldwide Channels, Lonely Planet and BBC Mobile. They come under BBC Advertising, the newly … [Read more...] about BBC Advertising Asia appoints new Senior Vice President
Beyond releases a hint of MIPCOM line-up
Beyond is heading to MIPCOM with a diverse slate, ranging from outback drama, outrageous comedy and intriguing science. Produced by Beyond Entertainment for the Nine Network, Lab Rats Challenge (65 x 30min) is a science-based game show for kids. The Cho Show (7 x 30min) is produced by Crossroads for VH1 and follows renowned stand-up comedian Margaret Cho and her eccentric entourage as they scour the depths of the entertainment industry, pop culture and societal taboo. Produced by Atlas Media … [Read more...] about Beyond releases a hint of MIPCOM line-up
