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BBC says they won't sell Lonely Planet
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15 years 1 month ago
BBC Worldwide rules out Lonely Planet sale (27 October 2009)
http://www.guardian.co.uk/media/2009/oct/27/bbc-worldwide-lonely-planet
The BBC's commercial arm, BBC Worldwide, today said it has no plans to sell Lonely Planet, the travel guide publisher it bought in 2007.
The acquisition of 75% of Lonely Planet for £89m has been dogged by concerns over BBC Worldwide's commercial ambitions.
According to sources familiar with the situation, BBC management has already discussed the disposal of Lonely Planet and it is "top of the list" of a review of the corporation's activities announced by the BBC Trust last month and being led by director general Mark Thompson.
However, BBC Worldwide today said it "has no plans to sell the highly successful Lonely Planet travel information business. It is not up for sale full stop."
Full story:
http://www.guardian.co.uk/media/2009/oct/27/bbc-worldwide-lonely-planet
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