BBC exploring options for Lonely Planet series

Following unsourced rumours on a US website, the BBC has responded to suggestions that it is selling off its Lonely Planet series:

"We have been exploring strategic options for Lonely Planet for some time now but no deal has been done and we are not going to comment on speculation about its future," a spokesman for BBC Worldwide told Reuters on Tuesday.

(Reuters)

The BBC picked up a majority in the series for £88.1m back in 2007 before purchasing the reminder of the firm to own it outright in 2011. The total cost of the acquisition to the BBC was £130.2m. The original rumours suggested that reclusive Kentucky billionaire Brad Kelley was interested in a deal.