Feeds

BBC shrugs-off Web float rumours

But raising a stash from an Internet IPO still looks curiously compelling...

  • alert
  • submit to reddit

Top three mobile application threats

The BBC is thinking about floating Beeb.com, its commercial Internet service, according to rumours floated in the UK this morning. Fire-brigading BBC spin doctors speedily hosed the notion with cold water, but you can see why it might be tempting. Privatisation of any part of the BBC would be a political hot potato, but the outfit has been getting more and more commercial since the heady days of Thatcherism, and it's spent an awful lot of money on its -- generally well-regarded -- Internet activities. "It's because of the Davies Panel examining our funding," a spokesman said of the rumour. "People are saying that we are planning to sell off everything except the Teletubbies. It really is total speculation." Estimates based on the Freeserve valuation would put the value of the Beeb.com at more than £500 million. The corporation currently brings in annual revenue of £2.15 billion from licence fees, so the hypothetical sale of Beeb.com would not go far to replace the money that would be lost if the licence fee was scrapped, but would come in very handy if it was cut, or frozen. Another spokeswoman for the BBC said that the corporation had no formal plans to sell off any of its appendages. "It is very speculative," she said. "The Davies Report isn't even written yet and there will be a consultation period and so on. All this speculation has been sparked by the article in the Sunday Times about the possible sale of BBC Worldwide." Beeb.com is funded by advertising and the sale of its content to other web sites. Official ABC figures for March put monthly page impressions for the site at 8.8 million and recorded 402,000 individual users. This is a mere bagatelle by the standards on BBC Online sites, clocking in excess of 80 million a month, but it's still not at all bad. ®

3 Big data security analytics techniques

More from The Register

next story
Sorry London, Europe's top tech city is Munich
New 'Atlas of ICT Activity' finds innovation isn't happening at Silicon Roundabout
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
prev story

Whitepapers

Designing a defence for mobile apps
In this whitepaper learn the various considerations for defending mobile applications; from the mobile application architecture itself to the myriad testing technologies needed to properly assess mobile applications risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.