BBC Worldwide Collection International to form 2 Entertain, which was part owned by BBC Worldwide; the following year the company sold "Eve" magazine to Haymarket Group and in 2006 the company sold a majority stake in BBC Books to publisher Random House. In 2007 BBC Worldwide purchased a 75% stake in the travel guide publisher Lonely Planet, acquiring the final 25% of the company in 2011. The acquisition was part of the BBC's strategy to grow its online portfolio and to increase its operations in Australia and the USA. In January 2009 it was announced that Ofcom had put forward the recommendation
BBC Studios In October 2016, the BBC announced that it planned to lay off 300 employees from the division seen as redundant. In December 2016, BBC Studios announced that it had reached an agreement with Producers Alliance for Cinema and Television (PACT) in regards to the tendering plan, stating that it would tender at least 40% of the "in-house guarantee" within two years of approval of the transition. The BBC Trust subsequently approved the creation of BBC Studios as a commercial subsidiary, with the process expected to be completed in April 2017. On 29 November 2017, the BBC announced that BBC Worldwide