BBC closes Web sales
- Posted:
- 14:36 02 May 2002
The corporation, backed by US investment firm THLee Putnam Ventures, launched the Beeb Ventures division in August 2000 to capitalise on brands such as Radio Times and Top Gear, but it struggled to make headway in the competitive online retail market. Most sites housed by Beeb Ventures will be pared down and run by the magazine business BBC Worldwide.
The BBC will retain its online shopping portal beeb. com, and beeb.net, as part of BBC Worldwide's global Internet business.
