Βι¶ΉΤΌΕΔ

Βι¶ΉΤΌΕΔ Worldwide, the commercial arm of the Βι¶ΉΤΌΕΔ, will today signal its long-term commitment to expanding in India with the announcement of a programme of new investment into its Βι¶ΉΤΌΕΔ channels, Βι¶ΉΤΌΕΔ Entertainment and CBeebies.

The commitment is part of Βι¶ΉΤΌΕΔ Worldwide's plans to increase its focus internationally. Over the past year 55% of the organisation's revenue came from international businesses – up from 46% in 2006. Βι¶ΉΤΌΕΔ Worldwide’s target is to have two-thirds of its sales come from overseas business by 2012 and India is seen as a key market to help reach this target. Βι¶ΉΤΌΕΔ Worldwide will announce its investment programme at a reception it is hosting today for a UK Government-led trade delegation to India, attended by Prime Minister, David Cameron, Chancellor of the Exchequer, George Osborne, and Secretary of State for Culture, the Olympics, Media and Sport, Jeremy Hunt.

Speaking at the reception, Darren Childs, Managing Director, Βι¶ΉΤΌΕΔ Worldwide Channels, will outline the attractions of the Indian pay-TV market. These reflect the country's demographics, its rapid economic growth trajectory and a consumer appetite for high quality British television content. Childs will also outline the history of Βι¶ΉΤΌΕΔ's presence in India explaining that there are three Βι¶ΉΤΌΕΔ branded channels there with Βι¶ΉΤΌΕΔ World News also broadcasting alongside CBeebies and Βι¶ΉΤΌΕΔ Entertainment.

Darren Childs, Managing Director Channels, Βι¶ΉΤΌΕΔ Worldwide comments: "India is a country which we believe is a great fit for our channels with a large English speaking population, good Βι¶ΉΤΌΕΔ brand recognition and a strong affinity with the UK. We have identified India as a top priority market and will be actively investing to bring more quality content and increasing distribution here. The Indian pay TV market already has significant scale, and its future potential for subscription and advertising is exciting."

Secretary of State for Culture, the Olympics, Media and Sport, the Rt Hon Jeremy Hunt, says: "The Βι¶ΉΤΌΕΔ is a world class broadcaster and producer of creative content and this additional investment by its commercial arm signifies the importance of India as a market for the UK. I am delighted that the UK has yet again demonstrated its capability as a global player in innovation and look forward to the further potential for UK/India collaboration in the creative sectors."

Βι¶ΉΤΌΕΔ Worldwide Channels currently operates an international network of 41 TV channels, available in every habitable continent, reaching 326 million homes. Last year, it saw double-digit percentage growth in sales and profits year on year (16.4% and 34.2% respectively).

This news follows the announcement made earlier this week that Deepak Shourie has been appointed Director, South Asia, Βι¶ΉΤΌΕΔ Worldwide Channels reporting to Mark Whitehead, GM and SVP Asia, Βι¶ΉΤΌΕΔ Worldwide Channels.

In addition to Βι¶ΉΤΌΕΔ Entertainment, CBeebies and Βι¶ΉΤΌΕΔ World News, Βι¶ΉΤΌΕΔ Worldwide also has a TV production business based in Mumbai. Its productions include three seasons of Dancing with the Stars, Baby Borrowers and Desai Girl. Βι¶ΉΤΌΕΔ Worldwide also manages Βι¶ΉΤΌΕΔ.com in India, attracting some 1.2m visitors a month. In 2004 Βι¶ΉΤΌΕΔ Worldwide entered into a 50:50 magazine publishing joint venture with Times of India, Worldwide Media Ltd, one of the largest magazine publishing companies in India. Lonely Planet has been distributing its English language editions in India since the early 1980s. Its first guide to India was produced in 1981 and has been consistently ranked among the company's top five guidebooks for over 25 years.

Esther Brown/Alison Donnelly