TVC sale progress report
After many weeks of intensive discussion and negotiation I’m pleased to say that the finishing line is in sight. The last few months have been quite a rollercoaster as the BBC sales team engaged with a variety of parties all intent on securing the opportunity to build on the legacy of TVC.
There has been a huge amount of discussion about how to take the BBC’s iconic home and make something that we can all be proud of – a solution that respects the heritage aspects, builds greater connectivity with the local community and generates sufficient returns in order to make the whole effort worthwhile. When we set out on this journey to find a buyer we had three key objectives of maximising value, minimising risk during the handover from the BBC to the new owner whilst protecting the legacy of TVC. During this process we have found that these were very useful as guiding principles and helped us focus on bidders who could really met these ambitions.
So watch this space for an announcement in the near future!