BBC Mags up for sale

BBC Worldwide is inviting bidders for its magazine division to make an approach before Christmas, according to Press Gazette.

The Corporation’s commercial arm has been given permission to sell off BBC Magazines, which includes Top Gear and Radio Times, by the BBC Trust.

The division’s portfolio is made up of around 30 mainly spin-off titles from popular television shows.

The Corporation wants to sell its magazine business to a single publisher. But it could form a new business with the partner organisation taking a majority share.

BBC Magazines, which is the fourth biggest magazine publisher in the UK, increased its pre-tax profits to £18.4m in its last financial year on turnover of £168.3m.

(Source: Press Gazette)




“Before we all sink into a slough of digital dystopian despair, it might be worth considering this: is this a sign of the strength, not weakness, of revelatory journalism in the digital age?”

Charlie Beckett, director of POLIS at the London School of Economics, reacts to news that the UK government forced the Guardian into destroying hard drives that contained information leaked by Edward Snowden.

(Source: POLIS)


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