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BBC Bows Out Of Print For £121 Million, Sells Magazine Business To Exponent

Ingrid Lunden

Aug 16, 2011 10:10 AM

Finally, closure on the long-running question of what would happen to the BBC‘s magazine business, the biggest publisher of subscription magazines in the UK: commercial division BBC Worldwide has agreed on a multi-faceted sale of its assets, covering 34 magazine titles, to the private equity group Exponent. BBCWW has also…

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Posted In: Media & Publishing, Magazines, Radio, Mobile, Money, M&A & Venture Capital, Companies, BBC, BBC Worldwide, Countries, Europe, UK, Asia, India, exponent

Budget 09: FBT Gone; 5% Excise Duty On Set Top Boxes; Higher DAVP Rates To Stay; Reactions

Sruthijith KK

Jul 6, 2009 9:00 AM

Finance Minister Pranab Mukherjee delivered a budget that brought some cheer and some additional taxation to the media sector. Key points: 1) Fringe Benefit Tax abolished: This was a key demand from many players in contentSutra’s Wishlist For The New I&B Minister. Many key overheads for media houses, such as…

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Posted In: Legal, Policy, Media & Publishing, Magazines, Newspapers, Radio, TV, Broadcast, Cable & Telecom, IPTV, Countries, Asia, India

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