TV centre sale looks ‘unlikely’

Posted on Posted in INDUSTRY NEWS

The sale of the BBC’s iconic TV Centre looks unlikely to go ahead, the Guardian has reported.

It has revealed that bids for the site have been lower than expected and said that corporation executives are currently considering new plans.

A BBC spokeswoman told the newspaper no decision has yet been made about the sale: "The final outcome has not yet been reached."

The building is home to the controllers of BBC1, BBC2, network TV and radio news. Its studios employ 350 staff, of a total of 1,100 working for BBC Resources.

Built in the 1960s, the centre was partly constructed using asbestos and faces major refurbishment in the next four years.

The Guardian’s media website has reported current discussions are focused on keeping the centre and selling off the rest of BBC Resources.

Sale of its commercial property would help raise money for the broadcaster, which has already relocated many staff to Salford, Manchester.

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