BBC Worldwide breaks through £1bn

Ronnie Dungan

By Ronnie Dungan

July 15th 2009 at 11:04AM
BBC Worldwide breaks through £1bn

BBC Worldwide has revealed its results for the 12 months to March 31st - with revenues exceeding £1 billion for the first time.

Within this, BBC Magazines, Children's & Licensing put in a solid performance, with sales up three per cent to £210.2 million and profit growing 71 per cent to £13.2 million.

BBCW Children's & Licensing - headed up by MD Neil Ross Russell - moved from the Home Entertainment division of the business last year.

Notably, BBC Worldwide's licensing activities in the UK enjoyed their most successful year for a decade - largely as a result of good merchandise sales for Doctor Who and In The Night Garden, the latter ending 2008 as the biggest licence in the UK toys and games market.

Children's & Licensing remains the number two licensor in the UK, after Disney.