BBC Audiobooks sold
Mon, July 19, 2010 at 02:32PM 
BBC Worldwide has two thirds of its audiobook division to AudioGo Ltd, a company set up by a former Polygram executive.
BBC Worldwide which publishes titles including John Peel Remembered and Lynne Truss’ Certain Age reviewed on Audiogeist, as well as bestseller, Richard Burton's Under Milk Wood. The deal, understood to be worth at least £10m, is likely to be the first of several disposals of assets considered non-core by BBC Worldwide, the corporation's commercial arm. The sale of a stake in BBC Magazines which publishes titles including the Radio Times and Top Gear, is expected to form part of this process.
AudioGo Ltd is a new, private company owned by film producer Michael Kuhn. The announcement to audiobook fans via Twitter last week was; @BBCAudiobooks 'We've been making the news this week: we've got a new name! From now on BBC Audiobooks will be known as AudioGo...'
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