Tue, 13 Apr 2010 | BUSINESS SALE
The Radio Times magazine could be sold as part of the BBC's plans to find a partner for the magazine division of BBC Worldwide.
BBC Worldwide has appointed KPMG to help it find a partner for the division. An information memorandum on the part of the business for sale is due to be issued in the next two weeks.
The value of a 50 per cent share in the division has been estimated at £80m-£90m.
The portfolio includes the Gardener's World, Top Gear and Doctor Who titles. Radio Times, which faces being sold off completely, was launched in 1923 by Lord Reith.
Its plans could also see tie-ups with some rival publishers for some of BBC's magazines, which would be licensed to the publishers.
The BBC would retain a strong editorial presence over the publications however. It is particularly protective of the magazines showing its brand name.
For last year BBC Worldwide reported operating profits of £11.5m, down by 31 per cent on the year before, while sales had increased slightly by 2.4 per cent to £182.2m. It sells about 85 million magazines per month.
A leading engineering firm focusing on electric power steering solutions and bespoke wiring harnesses serving various industries. It operates as two entities both reputable for maintaining high standards and offering bespoke solutions for clients. In...
Market-leading fruit and vegetable supplier distributing fresh produce and complementary goods both wholesale and D2C. The companys uncompromising drive for customer satisfaction has built strong relationships with across an enviable client base incl...
Turnkey construction services provider completing a range of projects with expertise across maintenance general refurbishment new build and conservation including work on listed buildings. The company provides full-service construction works utilisin...
|
02
|
|
May
|
Scottish law firms WJM and Davidson Chalmers Stewart merge | MERGER
Scottish law firms Wright, Johnston & Mackenzie LLP (WJM) an...
|
01
|
|
May
|
Cybersecurity firm Brigantia bought by European peer | BUSINESS SALE
North Yorkshire cybersecurity distributor Brigantia Partners...
|
01
|
|
May
|
Historic pottery company Moorcroft goes out of business | ADMINISTRATION
The directors of 128-year-old Moorcroft Pottery have announc...
|
02
|
|
May
|
Scottish law firms WJM and Davidson Chalmers Stewart merge | MERGER
Scottish law firms Wright, Johnston & Mackenzie LLP (WJM) an...
|
01
|
|
May
|
McCann and Partners undergoes an MBO | MBO/MBI
A team of five directors at South Wales engineering and buil...
|
01
|
|
May
|
Historic pottery company Moorcroft goes out of business | ADMINISTRATION
The directors of 128-year-old Moorcroft Pottery have announc...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.