BBC Worldwide that Channel 4 merge with either the commercial network Five or BBC Worldwide. Channel 4's preferred option of a partnership with the latter was confirmed by chief executive Andy Duncan, who added: "We're in discussions with BBC Worldwide at the moment and they're really very exciting." In the same year, the company was awarded the Queen's Award for Enterprise in recognition of the companies growth and success. In 2012, the company began to reorganise their divisions from a product based system to a location-based system, resulting in Jana Bennett leaving the company. BBC Worldwide sold Lonely Planet in 2013 to
BBC Studioworks expanded its footprint in 2017 when it reopened Television Centre, where it operates Studios 1, 2 and 3 plus post-production facilities. The company was rebranded from BBC Studios and Post Production Ltd to BBC Studioworks Ltd in May 2016. The company was originally established as the much broader BBC Resources Ltd operation in 1998, making an operating profit of £1.3 million in its first full year. It was divided into four business units: BBC Studios, BBC Post Production, BBC Outside Broadcasts, and BBC Costume and Wigs. A team led by Andrew Thornton were appointed by the BBC to manage the