BBC To Sell Magazines, Look Beyond "Physical Media" In UK - mediabistro.com: FishbowlNY - 0 views
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anonymous on 05 Mar 10The BBC is poised to sell its selection of UK-based magazines, including such titles as BBC Good Food, Gardening World, Top Gear and Radio Times. The corporation is looking to cut over $150 million USD in overhead costs and evidently plans to accomplish this by "looking to move away from physical media" and focusing more deeply on digital media as well as looking overseas for merger opportunities. The BBC has already begun stripping itself of media such as audio books, non-BBC channels outside the UK and two radio stations. It also cut the number of websites it owns by half, resulting in an estimated loss of 600 jobs.