Connect with us

News Broadcasting

BBC Worldwide delivers strong performance despite currency challenges

Published

on

MUMBAI: BBC  Worldwide  has  published  its  2013/14  Annual  Review,  revealing  a  year  of  solid  underlying  growth, and increased returns to the BBC.

 

Headline  profit  increased  0.7%  to  ?157.4m  (2012/13:  ?156.3m),  and  was  up  11.6%  at  constant currency*.  Headline  profit  margin  increased  from  14%  to  15.1%,  a  record  for  the  company.  This  was achieved on headline sales of ?1,042.3m (2012/13: 1,115.8m), down 6.6%, or 5.2% at constant currency, principally  reflecting portfolio changes:  the  sale of Lonely Planet and a new  revenue  share agreement for  BBC.com.  Adjusting  for  these,  trading  revenue  was  broadly  flat,  with  growth  from  non-English language  markets,  sales  to  digital  platforms  and  advertising  helping  to  offset  pressure  on  US  and  UK affiliate fees and declining DVD markets.

Advertisement

 

These  results  were  delivered  despite  the  strengthening  of  sterling  in  the  year. Movements  in  foreign exchange rates had a ?17.1m negative impact on the headline profit. 

 

Advertisement

BBC Worldwide CEO Tim Davie said:  “BBC Worldwide performed well, reflecting the quality of our content and enabling reinvestment into the UK television industry. Headline profit at constant currency, shareholder returns and returns to the indie sector all grew by double digits. This was achieved at the same time as a major re-shaping of the company along regional lines.

 

“We will continue to execute on our strategy – more premium content, dynamic global brands and digital innovation – in the course of the new financial year. While our results for 2014/15 will reflect the choices and investments we are making to do this – including BBC Store and the introduction of new brands – we nonetheless expect to deliver further returns to our shareholder over the course of the year.”

Advertisement

 

Please click here to read the full report

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News Broadcasting

CNN-News18 to host Kolkata Town Hall on Hooghly River

‘Bhalobasa Bengal Inspiring Bharat’ event on April 20 brings cultural icons, trailblazing women and leaders aboard a cruise to celebrate Bengal’s enduring influence.

Published

on

MUMBAI: Bengal is about to make fresh waves on the Hooghly and this time the current is pure conversation. CNN-News18 is taking its iconic Town Hall format to the waters of the iconic Hooghly River on 20 April 2026 with a special edition titled ‘Bhalobasa Bengal – Inspiring Bharat’. The floating event will celebrate the state’s rich cultural legacy and how its ideas, creativity and spirit continue to shape the rest of the country.

The unique riverside setting draws on Bengal’s history as a cradle of reform, art and intellectual thought. The speaker line-up mirrors that diversity: cultural heavyweights Mithun Chakraborty and Sreenanda Shankar will share the stage with trailblazing “Devis” such as Tanya Sanyal (India’s first woman firefighter in aviation), Ipsita Chakraborty (Kolkata’s first woman bartender) and Reshma Nilofer Visalakshi (Nari Shakti awardee and marine pilot). Music will flow through the celebrated pianist-vocalist duo Sourendro and Soumyojit, while public life and governance will be represented by Smriti Irani, Leander Paes, Saira Shah Halim, Keya Ghosh, Rekha Patra, Roopa Ganguly and Babul Supriyo.

CNN-News18, editorial affairs director, Rahul Shivshankar, said the event honours voices that carry Bengal’s legacy forward. Smriti Mehra, CEO – English & Business News, Network18, added that Bengal’s stories resonate far beyond its borders, especially as the state heads into polls.

Advertisement

From the first woman to battle flames in the skies to legendary actors who shaped Indian cinema, the gathering promises a rich mix of inspiration, courage and candid dialogue. In a city where culture has always flowed as freely as the river itself, CNN-News18 is turning the Hooghly into a floating forum for ideas that matter.

Tune in on 20 April on CNN-News18, CTV and YouTube to catch Bengal’s heartbeat in full flow.

Advertisement
Continue Reading

Advertisement News18
Advertisement
Advertisement
Advertisement
Advertisement Whtasapp
Advertisement Year Enders

Indian Television Dot Com Pvt Ltd

Signup for news and special offers!

Copyright © 2026 Indian Television Dot Com PVT LTD