BBC Worldwide expects to receive formal, non-binding offers from two bidders this week. It is not known who the final two companies are, though German publisher Bauer is thought likely to be one of them. German publisher, Hubert Burda has also been linked with the deal.
BBC Magazines publishes over 50 consumer titles including Top Gear, Radio Times, BBC Good Food and Gardeners’ World. They are the UK’s fourth largest publisher in terms of circulation; but it is the third largest in terms of retail sales value.
- BBC Worldwide seeks a partner for its magazine division Posted on April 13, 2010