2entertain Future Secured

Following the crash of co-owner Woolworths as an early casualty of the recession, 2entertain – the publishers behind your Doctor Who DVDs – have finally seen its future secured thanks to a full purchase by BBC Worldwide.

2entertainOriginally created in September 2004 as a 60:40 joint venture with Woolworths (which combined the former VCI video/DVD, music and TV production business with BBC Worldwide’s video publishing arm) 2entertain has been for sale since 2008.

The agreed price of £17m for the purchase of the outstanding 40% minority stake in 2|entertain has been funded from existing cash at BBC Worldwide, which has no access to licence fee income.

Paul Dempsey, CEO of 2|entertain and Managing Director, BBC Worldwide Home Entertainment, said:

“The 2|entertain business has not been distracted by the events of the past 18 months, continuing to deliver impressive results. Under full BBC Worldwide ownership, it now looks forward to a more settled period and playing an important role in BBC Worldwide’s future plans.

Responsible for extending the global reach of British programmes from Top Gear to Doctor Who, 2|entertain distributes product in over 60 territories worldwide, including North America, Australia and Japan.

2|entertain contributed £28.6m in 2008/09 to BBC Worldwide profits, with sales of £176.4m in this period.


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Christian Cawley

About

A long-term Doctor Who fan, Christian grew up watching the show and has early memories of the Graham Williams era. His favourite stories are Inferno, The Seeds of Doom and Human Nature (although The Empty Child, Blink and Utopia all come close). When he’s not bossing around the news team, Christian is a freelance writer specialising in mobile technology and domestic computing, and enjoys classic rock, cooking and spending time in the countryside with his wife and young children. You can find him on Twitter, Facebook and Google+.


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