The BBC is to merge BBC Studios and BBC Worldwide to form a single commercial organisation.
“In a fast-changing TV industry, securing the future success of the BBC is vital. Creating a single BBC Studios will bring the BBC in line with the industry, be simpler and more efficient. It will help ensure that licence fee payers in the UK continue to receive outstanding British programmes which reflect British lives, long into the future. It will also ensure the BBC can continue to play its crucial role in supporting the successful UK creative economy.” – BBC Director-General Tony Hall
At a time of an increasingly competitive and global market for production and distribution, the beeb state that this new organisational structure will bring the corporation into line with the rest of the industry, integrating programme production, sales and distribution in a single entity.
They believe that these changes will ensure the BBC is best placed to succeed both creatively and commercially and will better serve licence fee payers by creating a unified business with a single business plan and combined operating model.
The move will see the range of commercial activities already carried out by BBC Worldwide which include content financing, sales and commercial channels united with BBC Studios which operates as their main programme production arm, the new body will operate under the latter’s name.
The new BBC Studios will be led by Chief Executive Officer Tim Davie and Chief Creative Officer Mark Linsey.
“Creating one company, in line with market norms, is a natural step in this market. The new BBC Studios will be focused on the highest quality British content, underpinning our future financial return to licence fee payers. It will allow us to better serve customers, indie partners and the wider industry, resulting in world-class British productions for audiences in the UK and overseas. I am excited about the prospects ahead, and delighted to be part of the new organisation.” – Tim Davie