Financial Times FT.com

BBC holds talks over floating Worldwide

By Ben Fenton and Salamander Davoudi

Published: November 24 2009 23:33 | Last updated: November 24 2009 23:33

The BBC has been holding discussions with City advisers about floating part of BBC Worldwide, its commercial arm, in response to pressure from the government and commercial rivals to dilute its media market power.

As Sir Michael Lyons, chairman of the BBC Trust, told the Financial Times on Tuesday that he had “an open mind” about the future ownership of Worldwide, people with knowledge of the matter said a partial flotation was one of several possible outcomes, including no change to its status.

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