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Long-running speculation about the future of the commercial arm of the British Broadcasting Corp. took a new turn Wednesday with a report that its parent is exploring a partial IPO.

According to the Financial Times, BBC has sought advice from banks including Credit Suisse Group and Goldman Sachs Group Inc. about holding an initial public offering for BBC Worldwide Ltd. The business had more than £1 billion ($1.7 billion) of revenue in its last financial year and owns the rights to some of the U.K.'s most lucrative TV programming.

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NOT A SUBSCRIBER? BBC Worldwide considers IPO Posted on November 25, 2009 2:30 PM Long-running speculation about the future of the commercial arm of the British Broadcasting Corp. took a new turn Wednesday with a report that its parent is exploring a partial IPO. According to the Financial Times, BBC has sought advice from banks including Credit Suisse Group and Goldman Sachs Group Inc. about holding an initial public offering for BBC Worldwide Ltd. The business had more than £1 billion ($1.7 billion) of revenue in its last financial year and owns the rights to some of the U.K.'s most lucrative TV programming. This is a free content preview. Subscribers enjoy access to all stories in full as well as second-to-none market intelligence. Dig deeper, with Pipeline. 562 M&A deals in the Media Sector 434 in-depth transaction records for Credit Suisse Group 152 articles related to the British Broadcasting Corp. 50 company pages related to Goldman Sachs 10 years of news and analysis archives from the voice of The Deal Economy Most-searched keywords Skadden Arps Amusement parks Deb Shops Windstream Corp. Diedrich Coffee Hanna Andersson Tween Brands Entertainment Lazard Lyondell Chemical		EXISTING USERS Username Password Forgot your password? Missing a product?

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BBC Worldwide considers IPO