Broadcast News

Bookmark and Share
17/07/2003

BBC Ventures Group deliver £29 million to BBC

BBC Ventures Group, the new commercial media services division of the BBC, has announced a £14.5 million profit turning around a £10.5 million loss in the previous year.
It also contributed £23 million in cost reductions and £6 million in net cash to the BBC Group.
Roger Flynn, Chief Executive Officer, BBC Ventures Group, commented: “I am delighted that the Group is now turning a profit and contributing cash back to the BBC. We have worked hard over the last 18 months to improve our services to our customers and shape the businesses for strong financial performance.”
BBC Ventures Group comprises four businesses: BBC Broadcast, BBC Resources, BBC Technology and BBC Vecta. The Group provides its clients with a full range of media management and distribution services, including capturing audio visual material in an outside broadcast, formatting rich media for mobile and interactive platforms and playing out and branding channels.
The BBC Ventures Group is on track to deliver its share of the £1.1bn in commercial revenues that it and BBC Worldwide and BBC World have been tasked with generating for the BBC Group by end of the financial year 2006/7.
(GB)
Solidmate Ltd Memory Card Hire London

Top Related Stories
Click here for the latest broadcast news stories.

19/03/2024
CJP Broadcast Services Develops Production Suite
CJP Broadcast Service Solutions is developing a cutting-edge production suite for Basingstoke College of Technology (BCoT). The studio, a £500,000 inv
13/04/2016
Production News : Nominations Announced For RTS Scotland Awards 2016
The Royal Television Society (RTS) has announced the nominations for this year's RTS Scotland Awards 2016. The awards cover all forms of production in
06/02/2018
Nominations For RTS Television Journalism Awards 2018 Announced
The Royal Television Society (RTS) has announced the nominations for the RTS Television Journalism Awards 2018. The awards ceremony, sponsored by Gues
02/10/2015
RTS North West Announce Awards Shortlist
The Royal Television Society (RTS) North West Centre has announced the shortlist for its annual awards at an event hosted by CBBC presenter Lauren Lay
11/04/2017
RTS Announce Scotland Awards 2017
The Royal Television Society (RTS) has announced the nominations for the RTS Scotland Awards 2017. The awards cover all forms of production in Scotlan
29/09/2017
RTS Announces Nominations For North West Awards 2017
The Royal Television Society (RTS) North West Centre has announced the nominations for its annual awards, at an event sponsored by Audio Network. Cat
04/11/2014
Production News - RTS Announces Craft & Design Awards Shortlist
The Royal Television Society (RTS) has announced the shortlist for the RTS Craft & Design Awards 2013/2014. The winners will be announced at a ceremon
21/05/2015
RTS Announces Winners Of Scotland Awards 2014
The Royal Television Society (RTS) has announced the winners of the RTS Scotland Awards 2014. Chaired by April Chamberlain, the awards cover all forms
28/03/2024
Comprise Acquires VisiTech
Comprise® has acquired VisiTech, Inc., a longtime leader in technology public relations, further solidifying Comprise’s position as a market leader. F
24/05/2002
BBC's business-to-business broadband capability launched
BBC Worldwide, the BBC’s main commercial arm, have launched BBC Preview – the first business-to-business broadband application that allows internation
18/11/2014
Winners Announced For RTS North West Centre Awards
The Royal Television Society (RTS) North West Centre has announced the winners of its annual awards on 15 November at the Hilton, Manchester. The even
30/07/2002
BBC Ventures Group appoints MD for BBC Technology
BBC Ventures Group, the umbrella name for the BBC's commercial media services division, which includes BBC Technology, BBC Broadcast, BBC Resources an
27/11/2003
BBC Technology to be sold; Bectu issue strong condemnation
The BBC are to sell their wholly-owned commercial subsidiary BBC Technology, subject to final approval by DCMS Secretary of State Tessa Jowell. The mo
29/01/2016
RTS Announces Television Journalism Awards 2016
The Royal Television Society (RTS) has announced the nominations for the RTS Television Journalism Awards 2016.   The awards, for news and current aff
15/08/2007
BBC Resources Limited Prepares For Sale
The BBC has announced that the process for the sale of its commercial subsidiary, BBC Resources Limited, has begun and an advertisement is to appear i