BBC announce sale of BBC Audiobooks

From the press release:

BBC Worldwide announces today that it has completed the sale of an 85% shareholding in BBC Audiobooks (including BBC Audiobooks America) to AudioGo Limited. BBC Worldwide will retain a 15% stake in the business.

Formed in 2001, BBC Audiobooks is the leading audio publisher in the UK. Its products are available on CD and in downloadable formats for retail and library markets. Following the sale, BBC Audiobooks will trade as AudioGo, and will continue to publish BBC-sourced content under the BBC Audiobooks imprint.

About Nate Hoffelder (11802 Articles)
Nate Hoffelder is the founder and editor of The Digital Reader:"I've been into reading ebooks since forever, but I only got my first ereader in July 2007. Everything quickly spiraled out of control from there. Before I started this blog in January 2010 I covered ebooks, ebook readers, and digital publishing for about 2 years as a part of MobileRead Forums. It's a great community, and being a member is a joy. But I thought I could make something out of how I covered the news for MobileRead, so I started this blog."

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