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BBC Worldwide profits and sales are up

According to its annual report, BBC Worldwide enjoyed a 1% rise in profits over last year's total and a 3% rise in overall sales. In the fiscal year, which ended on March 31 2013, the company reported US$235 million in profit that was driven by its 34 global channels.
July 16, 2013

According to its annual report, BBC Worldwide enjoyed a 1% rise in profits over last year’s total and a 3% rise in overall sales.

In the fiscal year, which ended on March 31 2013, the company reported a  US$235 million in profit. The previous fiscal year profit was reported at US$233 million.

BBC Worldwide’s 34 branded international channels drove revenues, through launching new operations, widening distribution and increasing advertising sales. Program sales and distribution passed the US$452 million revenue mark for the first time.

The report states that BBC Worldwide invested US$265 million  in content throughout the fiscal year. Investment in distribution rights was US$157 million, of which US$111 million was into BBC commissions.

Top-selling programs this year included Africa (sold to 195 territories), Top Gear USA (sold to 174 territories), Ripper Street and Parade’s End (each to sold into 120 territories).

About The Author
Gary Rusak is a freelance writer based in Toronto. He has covered the kids entertainment industry for the last decade with a special interest in licensing, retail and consumer products. You can reach him at garyrusak@gmail.com

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