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Image header Agence Europe
Europe Daily Bulletin No. 8257
Contents Publication in full By article 33 / 36
GENERAL NEWS / (eu) eu/eib

EIB support for BBC audio-visual productions

Luxembourg, 17/07/2002 (Agence Europe) - The European Investment Bank (EIB) is going to provide BBC Worldwide a loan of EUR 40 million (£ 25,000,000). BBC Worldwide Ltd, the BBC's main commercial arm intend s to maximise the value of the BBC's programme and publishing assets for the benefit of the licence payer and re-invest in public service programming. The loan will provide capital to enable BBC Worldwide to expand its investment programme. The company invests in programmes and products across all genres, including documentaries, natural history, news education and entertainment - as well as children's productions and music. With this investments the EBI intends to support the European audio-visual sector in the global market.

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