Inside the Australian and New Zealand book industry

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BBC Worldwide writes down Lonely Planet in response to strong Oz dollar

BBC Worldwide has revealed a £16.1 million (approximately A$24.5 million) write down of Lonely Planet in its 2011-2012 annual report. It is the second time the British company has written down the value of the travel publisher since acquiring the business in 2007. As previously reported by Bookseller+Publisher, BBC Worldwide...

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Category: Local news