BusinessCompany NewsBBC FD considers sale and flotation

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

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