BBC spends £3.4m on sell-off
By hYZ4z7 | May 16, 2019
Newspaper The Guardian reports today that the sale of the BBC subsidiary BBC Resources Ltd., has cost £3.4m in consultancy fees — over £1m more than the £2.3m trading profit the commercial division is estimated to have made for the last financial year. Details of the failed privatisation were released by the BBC following a freedom of information request, and prior to publication of its annual report on July 8.
Fourteen months after advisers were appointed to try to sell BBC Resources Ltd., only one of the three main business units has been sold — its Outside Broadcast division to Satellite Information Services Limited (SIS), for an estimated £20m. On March 7, 2008 it was also announced that the studios operation would remain in BBC ownership and in early June, the fate of the third business was put on hold with the BBC stating that "like Studios, Post Production will remain within BBC Resources, which will continue to operate as a wholly-owned commercial subsidiary of the BBC."
BBC Resources Ltd. made an operating profit of £6.1m for 2005-06, down from £7.4m the year before, with the BBC accounting for 83.3% of its turnover, down from 87.4% for 2004-05. Last year's published figure for 2006-07 was £5.2 million — with BBC business at 80% of turnover.
BECTU Assistant General Secretary Luke Crawley is quoted as saying: "It's fairly outrageous that around half the profit of the company [announced last year] has been spent trying to sell it. It's an inordinate amount of money. The BBC was promised big returns if it sold BBC Resources but it's only managed to sell outside broadcasts and we do not know how much it made out of that. We think the £3.4m is a poor investment."
1 Background to the Resources sale
1.1 BBC Costume and Wigs
2 Related news
Ontario Votes 2007: Interview with Libertarian candidate Aaron Parent, Essex
Aaron Parent is running for the Libertarian in the Ontario provincial election, in the Essex riding. Wikinews' Nick Moreau interviewed him regarding his values, his experience, and his campaign.
Stay tuned for further interviews; every candidate from every party is eligible, and will be contacted. Expect interviews from Liberals, Progressive Conservatives, New Democratic Party members, Ontario Greens, as well as members from the Family Coalition, Freedom, Communist, Libertarian, and Confederation of Regions parties, as well as independents.
Use Theme Based Contemporary Fine Art For Your Hotel Decor
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Use Theme-based Contemporary Fine Art for your Hotel Decor
Contemporary fine art is being used in businesses, restaurants, hotels, and other hospitality services around the world. It s decorative and comes in many styles to fit in with any type of decor. Hotel interior decorators have especially grown fond of this type of art because it blends so well with a variety of vacation spots and hotel themes – the beach, mountains, and everywhere in between! Here are some great tips on how you can improve the look and feel of your hotel guest rooms and hotel lobby decor with unique contemporary fine art.
Welcoming Hotel Guests with Dazzling Lobby Decor
When your guests arrive, they want to receive a nice "welcome" to your hotel. One way you can welcome them is to hang several pieces of artwork in the hotel lobby. These can be scattered throughout with one painting per wall (two on a very long wall), and one painting on the wall behind the hotel clerk s counter.
Contemporary fine art in the lobby will give your guests a warm feeling before they even get to their room. It also gives them something interesting to observe if there s a long wait! You can also go a step further with the lobby decor and add plants, comfortable chairs, floor rugs, and a small decorative table with a lamp, depending on the size of the lobby. Coordinate all furniture and plant containers to blend with the colors of the paintings and/or their frames. The lobby is a hotel s "first impression" so you want it to look its best!
Decorating Hotel Guest Rooms
Contemporary fine art comes in many shapes and styles. Watercolor paintings, silk, and acrylic are especially popular in hotels. These come in many themes, from children s furniture to plants, from birds to silk scarves. There s something for every style and taste. If you re having a difficult time choosing a theme for the paintings in your guest rooms, consider a few things about your hotel. Where is it located? Why do people come to your hotel or to the area where it is located? What types of guests generally stay in your hotel?
Your hotel might be located in a tropical setting with palm trees, sandy beaches, and many fine hotels and restaurants. If so, choose a tropical theme if possible. For example, there are beautiful contemporary fine art themes of tropical birds or tropical plants. These will blend well with the theme of the vacation, and will make the stay more enjoyable for your guests.
Another example: Let s say your hotel is located in the heart of a busy city and you cater to many business people who stay during business trips. You might choose a more subtle but relaxing theme such as pastel-colored spring flowers.
Other types of settings include winter ski resorts, mountains or foothills, interstate locations near a vacation spot or for travelers. Choose a contemporary fine art theme that will make the guest room more enjoyable for your target customers.
Hotel Restaurant Decor
If the hotel has a restaurant, you can also use watercolors, acrylic paintings and other fine artwork to decorate the walls of the restaurant. Try to keep the art decor theme consistent throughout the restaurant, hotel lobby, and guest rooms. Guests will know what to expect everywhere they during their stay.
Use these tips to brighten up your hotel decor. Using contemporary fine art along with other decor items will give your hotel a unique look of its own. Guests will want to return again and again!
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