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Article: BBC Worldwide Acquires Lonely Planet.
- Article from:
- PR Newswire
- Article date:
- October 1, 2007
CopyrightCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Acquisition will extend iconic travel guides across multiple media platforms
MELBOURNE, Australia, LONDON, and Oakland, Calif., Oct. 1 /PRNewswire/ -- BBC Worldwide, the commercial arm of the BBC (British Broadcasting Corporation), has acquired Lonely Planet, the leading travel information group, in a deal that will build the Lonely Planet franchise around the world.
The privately owned business is being sold by Tony and Maureen Wheeler, who founded the company in 1972, and John Singleton, who became a shareholder in 1999.
John Smith, CEO of BBC Worldwide, said: "We are delighted to be announcing this acquisition today. Lonely Planet is a ...