Tue, 19/03/2013 - 09:45
Travel guide publisher Lonely Planet is to be sold by BBC Worldwide to US-based media company NC2, following BBC Trust approval. BBC Worldwide has agreed the sale of the business, which it has owned 100% of since 2011, having paid £130m over two stages.
BBC Worldwide will receive AU$75m (£51.5m) for 100% of Lonely Planet...
Tue, 05/03/2013 - 10:05
The BBC has denied "a deal has been done" to sell a majority stake in Lonely Planet, saying it is continuing to explore "strategic options" for the travel publisher.
Thu, 06/12/2012 - 12:07
BBC Worldwide may be looking to sell Lonely Planet, the Guardian has reported. The newspaper claims the the BBC's commercial arm could be looking for an outside investor or a potential sale of the travel publisher.
Mon, 03/12/2012 - 14:51
Publishers have "done a lot right" and are standing in a much stronger position in the digital market compared with three years ago, Pottermore c.e.o. Charlie Redmayne told delegates at The Bookseller's FutureBook 2012 Conference in London this morning (3rd December).
In a keynote speech, Redmayne said there had...
Fri, 23/11/2012 - 14:53
The travel industry has gone through a digital revolution. How would you define Lonely Planet’s digital strategy?
One fundamental thing for any business is that the whole company focuses on one single strategy and vision. When a business is under pressure sometimes that strategy can start to splinter, so it is...
Fri, 28/09/2012 - 09:00
Industry insiders are predicting further restructures across the travel sector, following news this week that Penguin is to review its travel division.
A 30-day consultation period has begun at Penguin, with a number of roles in its travel...
Wed, 15/08/2012 - 12:35
Lonely Planet’s books will now be represented by Faber Factory Plus in high street chains and independent bookstores, which the publisher hopes will help it to reach new accounts for the first time.
The partnership began on 1st August 2012 and will see Faber Factory Plus work with Lonely Planet’s team to “maximise in...
Tue, 17/07/2012 - 10:30
The value of Lonely Planet has been estimated at £50m less than the sum paid by the BBC five years ago. The valuation comes as the travel guide publisher transitions into digital, where sales are up 200%.
In its annual review for 2011-12, BBC Worldwide said it valued Lonely Planet at £85m, after buying a 75% stake in the...
Fri, 13/07/2012 - 08:28
W H Smith Travel in Manchester Airport has begun selling Lonely Planet international guides, despite its agreement with Penguin to stock its travel guides exclusively.
Lonely Planet opened a dedicated shop in Manchester Airport last Friday (29th June), its first in a Europe. The move has enabled LP to stock its international travel...
Fri, 08/06/2012 - 10:00
Lonely Planet is to launch its first European own-branded store in Manchester Airport as the publisher reclaims space in a UK travel outlet for the first time since W H Smith locked it out three years ago. The airport sees 19 million passengers through its doors every year.
The 100-square-metre Lonely Planet bookshop, which will...