Last Friday the BBC completed on the BBC Television Centre. Rather than the expected sell out the deal will see the legacy protected.
As Caroline Thomson said, this deal will bring about a new creative hub for West London where Stanhope Plc will work in partnership with the BBC on the future of Television Centre. In contrast with a traditional sale, the parties have agreed on a joint approach to build on the site’s legacy and to build a new future for TVC that everyone can be proud of.
Part of this innovative approach or smart value solution gave rise to including in the new look TVC a new home for BBC Worldwide, and the opportunity for Studios and Post Production to return to operate studios including the iconic Studio 1.
Over the coming weeks I will be providing more information as we work with Stanhope to evolve the next chapter of TVC.