Broadcast News

Bookmark and Share

Bectu concerned that BBC is 'selling family silver'

Bectu says that "unions remain concerned about the long-term impact on the BBC of 'selling the family silver' as officials have dubbed the process of privatisation which began with the sale of the BBC's transmitter network eight years ago.
The Secretary of State for Culture, Media and Sport recently approved the sale of BBC Broadcast Limited (BBC Broadcast), clearing the way for the sale of the BBC subsidiary to Creative Broadcast Services Limited (CBS), owned by the Macquarie Capital Alliance Group and Macquarie Bank Limited.
Despite representations from Bectu directly to the Secretary of State for Culture Media and Sport, Tessa Jowell, the sale of BBC Broadcast was approved last week.
The successful bidder, Macquarie Bank Ltd, is expected to take over the contract on 31 July 2005 at a sale price of £166 million.
However, despite the sale going ahead, Bectu point out that following "successful industrial action on 23 May, and the subsequent discussions at the ACAS, employees in BBC Broadcast have secured guarantees on pensions, job security and terms and conditions of employment."
These included a three-year promise of no changes in terms and conditions, a guarantee that there would be no compulsory redundancies for at least one year, and the right to join a final salary pension scheme that Bectu said was "broadly comparable" to the BBC's own.
A recent consultative ballot of Bectu members voted overwhelmingly to accept the guarantees negotiated at ACAS but revealed a "large majority" opposed to the sale of BBC Broadcast.
One of Europe's top distribution and promotion of multimedia content providers, BBC Broadcast offers a comprehensive range of services to playout, publish, promote and provide media access for content across all media, from television to mobile phones.
The sale follows on from an internal review of the Corporation's commercial businesses. The review team concluded that, while the services provided by BBC Broadcast are vital to the BBC, they did not necessarily need to remain under BBC ownership.
The BBC maintains that its commitment to a long-term partnership with CBS will mean that the BBC can continue the strong relationship it has built up with BBC Broadcast.

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

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
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
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
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
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
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
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
Australian consortium Creative Broadcast Services agree to buy BBC Broadcast division
A contract has been signed with an Australian consortium, 'Creative Broadcast Services' to purchase BBC Broadcast in a deal put at £166 million that i
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
BBC Broadcast acquires Broadcast DataServices from BBC Worldwide
BBC Broadcast has bought BBC Worldwide Ltd’s subsidiary Broadcast DataServices (BDS). The deal adds BDS’s broadcast data and listings business to BBC
Four bidders through to next phase in sale of BBC Broadcast
The BBC has announced a shortlist of four bidders for the sale of BBC Broadcast Limited. The four companies which have been selected to enter the fina
BBC Broadcast Ltd bidders revealed as sale process reaches next stage
The BBC has launched today the next stage of the sale process for its commercial subsidiary, BBC Broadcast Ltd. The sale, which is subject to the fina
Plan, Create And Collaborate With Limecraft’s Media Intelligence At IBC 2024
With two months to go until IBC 2024 in Amsterdam, media technology innovator Limecraft is inviting attendees to visit booth 7.D11 during the event fo
Sky Media Announces Sky Zero Footprint Fund
Sky Media, the advertising arm of Sky, has announced that its award-winning Sky Zero Footprint Fund is launching an additional initiative dedicated to
BBC closes Technology deal with Siemens
The BBC has completed the procurement for a 10-year Technology Framework Contract (TFC) with Siemens Business Services, worth almost £2 billion. As pa