BBC FD considers sale and flotation
The international division is valued at more than £2bn, and could raise more than £500m if sold
The BBC’s financial director Zarin Patel, is
considering plans for the partial sale or flotation of its commercial division,
BBC Worldwide.
Patel described the idea as a ‘tempting’ way of generating more money but she
still held concerns over losing control of the broadcaster’s name.
Said Patel: ‘We have to think about brand control. Who do we want to be in
bed with?’
The international division is valued at more than £2bn, and could raise more
than £500m if sold.
Patel is also looking into the commercialisation of the BBC’s research and
innovation centre.
Further reading:
Sale
or flotation of BBC Worldwide is back on the agenda
Swingeing
cuts create leaner BBC