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The BBC’s main commercial arm has seen a steady growth since 2018-19, delivering returns of £1.9bn back to the BBC; however, both its income and profits fell in 2023-24.

The 12th animated adaptation of the Magic Light is set to premier on BBC One this Christmas. International distribution director Muriel Thomas sheds light on why the beloved stories by Julia Donaldson and Axel Scheffler continue to captivate audiences worldwide.

Made by Two Brothers Pictures ("Fleabag", "The Tourist"), and produced in association with All3Media International for BBC Three, BBC iPlayer and BBC Scotland in the UK, the new 6x30” series will commence production in 2025.

The BBC Economic Impact Report for Northern Ireland highlighted that the series, along with other network productions filmed in the region, has had a positive economic impact throughout its first two seasons.

Jolly Octopus Media is a new production company founded by Emmy and BAFTA winners Ollie Brack and James Longman. With backing from BBC Studios Global Entertainment, Jolly Octopus will develop entertainment formats that will appeal to audiences around the globe. In return, BBC Studios will share IP of these formats along with distribution rights.