BBC Gardeners' World Live will now be run by a new company called River Street Events after the directors of BBC Haymarket Exhibitions announced a buy-out of the business.The move will see the company, which launched in 1990, change its name to River Street Events.
Managing director Laura Biggs has funded the acquisition alongside outside investors Keith Harris and Paul Michael from business-to-business events organiser Quartz, as well as Turret Media, the Abu Dhabi-based media investment group.
BBC Haymarket Exhibitions was a joint venture between Haymarket’s exhibitions division and BBC Worldwide, and included such shows as the BBC Good Food Shows and BBC Gardeners’ World Live.
Nicholas Brett, BBC Worldwide’s director of publishing, said: "Following a long-term review, we have jointly decided to part company to allow the BBC Good Food Shows and BBC Gardeners’ World Live to develop and prosper further under a new licensing arrangement."
River Street Media said the RHS involvement in the annual Birmingham NEC show, which was not shown on the BBC for the first time this year, would be the same in 2014.
River Street Media hopes that the BBC will revive its TV coverage in 2014.