Teletubbies Seek New Owner as BBC Worldwide Sells Venture
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The Teletubbies, the toddler-sized creatures with antennas on their heads, are following Barney and Peter Rabbit down the path to new ownership as the British Broadcasting Corp.’s commercial arm cashes in on a burgeoning children’s market.
BBC Worldwide and Ragdoll Productions decided to sell their joint venture that owns the rights to the Teletubbies and pre-school shows such as “In the Night Garden” and “The Adventures of Abney & Teal,” the broadcaster told Bloomberg News.