BBC sells its "Radio Times"

According to Xinhua news agency, the BBC's commercial branch of the BBC global company 16th sold a number of its magazine and in India, a venture capital company held a stake in the two sales of a total of 199 million U.S. dollars.　　The Radio Times, the most famous weekly listing of the BBC World, is easy to master. After the deal, BBC Global said in a statement that it had sold several of its magazines, including the Radio Times, to a private group called exponent.　　According to the contract, these magazines will still be printed with the BBC logo.　　Headquartered in London, Exponent Group is a veritable hodgepodge group with a number of websites and entity chains, including Metro ticket booking network, bed chain, meat company, brand handbag, etc.　　In another deal, the Bennett Coleman group, The Times of India, bought all 50% of the shares held by BBC Global in the Global Media Co., a venture capital company in India.　　The turnover of the two transactions amounted to 199 million dollars. BBC Global said the two big deals were backed by the government's austerity budget, which has made it hard for the BBC, which relies mainly on government finance, to sell some of its assets as a cost to invest in other higher-yielding projects.　　Most of the exchanges will return to BBC headquarters. The "Radio Times" is an old British newspaper, the first issue in 1923, mainly published in the text version of radio programs, in recent years, the addition of text version of television.