Some Believe The British Broadcasting Corporation Should Not Publish Lonely Planet Travel Guides

With the disappointment of the latest license-fee settlement, the executives from the British Broadcasting Corporation have been striving in order to boost the commercial income of the company instead. In the process of this, they have been getting on many business peoples’ nerves. Online content providers in the private sector have had complaints about the unfair competition that the huge and tax-subsidized website of the British Broadcasting Corporation poses. Now, Tony Elliot, who is the founder of Time Out and their associated travel guides, has become very angry at the acquisition of Lonely Planet, a rival publisher of travel guides, by Beebs via their commercial arm, British Broadcasting Corporation Worldwide.

When corporations that are funded by taxpayers begin to compete with private business, the risk of unfair competition becomes obvious. Funds from the public are intended to be used for public purposes. If the same job can be done by private providers, then the state should continue to stay with them and allow them to do their thing. They don’t have a need for state-backed magazine publishers any more than they need state supermarkets.

British Broadcasting Corporation Worldwide holds a great brand, and the name seems to guarantee both quality and accuracy. Perhaps it is the result of that that has kept the company booming, with their profits of 118 million pounds last year on a 916 million pound turnover. However, it is a proper commercial business and should become privatized. If the owners want to continue the British Broadcasting Corporation brand, overcoming the fees of living off of something that really belongs to the taxpayers, then they will really have to pay for it. The bidding could start out as 2 billion pounds, although there is potential for the final price ending at a lot more than that.

Learn more at: www.lonelyplanet.com