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BBC Studios Raising Borrowing Limit To $764M As It Hunts For New ‘Bluey’
BBC Studios is increasing its debt facility by £250M ($318M) — a move that closely follows the acquisition of BritBox International.
BBC Studios is increasing its debt facility by £250M ($318M) — a move that closely follows the acquisition of BritBox International, its biggest ever single transaction. Last year, Fussell told Deadline that while the BBC’s commercial wing had not gone over its previous £350M borrowing limit, “we have plans in due course to do so.” Part of the money will go to “really go out to the market” to find new kids and family series that can hit alongside mega-hit Bluey, which is among the most-streamed shows in the U.S, according to BBC Studios CEO Tom Fussell in an interview with the Financial Times.
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