BBC Worldwide is the commercial arm and a wholly owned subsidiary of the British Broadcasting Corporation. We exist to maximise the value of the BBC’s assets for the benefit of the licence fee payer by creating, acquiring, developing and exploiting media content and brands around the world. We also focus on creating value from BBC content and showcasing British talent both in the UK and international markets.
BBC Worldwide operates under the BBC Charter and Agreement, which sets out the following four commercial criteria with which our activities must comply. BBC Worldwide must:
Fit with the BBC’s Public Purposes as set out in the Charter
Be commercially efficient
Not jeopardise the good reputation of the BBC or the value of the BBC brand
Comply with the BBC’s Fair Trading Guidelines and avoid distorting the market
In the past five years the company has invested over £1bn in the UK’s creative sector making it a major supporter for this increasingly important part of ‘UK plc’. BBC Worldwide sells programmes and formats produced by more than 200 UK independent producers.
A fantastic place to work”
Richard Lee Graham, BBC Worldwide
In April 2009, the company was awarded the Queen’s Award for Enterprise recognising the company’s substantial growth in earnings over three years.
In 2009/10 the company saw sales rise by 7% to £1074m – exceeding the £1bn mark for a second year. Profits rose to £145m, up