BBC Worldwide has bought a majority stake in travel guide company Lonely Planet. The corporation’s commercial arm has acquired a 75 per cent stake in the privately owned company. The Lonely Planet operation will boost BBC Worldwide’s travel output, which includes over 500 hours of travel programming such as Michael Palin’s New Europe and Planet Earth.

Other posts by :

1. Norway wants a satellite constellation
2. Crossroads backs AST SpaceMobile
3. FCC examines SpaceX’s 15,000 sat-constellation plan
4. EchoStar: “Severe uncertainty” led to spectrum sales
5. Netflix gets downgrade on Warner Bros move
6. UK trims Orbex investment
7. Euro-bank sets up €500m space fund
8. Revenue jump forecast for Eutelsat
9. Moody’s upgrades Eutelsat’s debt rating

Categories: Articles, Business, M&A