BBC Buys Lonely Planet Lonely Planet founders Tony Wheeler and Maureen Wheeler, along with shareholder John Singleton, have sold a controlling 75 percent share in the company to BBC Worldwide, with the Wheelers retaining a 25 percent interest. BBC ceo John Smith says in the announcement, “This deal fits well with our strategy to create one of the world’s leading content businesses, to grow our portfolio of content brands online and to increase our operations in Australia and America.” The Wheelers comment, “Joining BBC Worldwide allows us to secure the long-term future of our company within a globally recognized media […]
