A team led by Andrew Thornton was appointed by the BBC to manage the sale, with Ernst & Young acting as external advisers.

[8] On 6 November 2007 The Guardian reported[9] that the privatisation could be left with a shortfall of up to £15m to cover the transfer of the pensions of BBC Resources staff to a potential new employer.

[10] The BBC has never released the names of the short-listed companies,[11] with The Guardian reporting – in early 2008 – more leaks over concerns about pension obligations and asbestos exposure.

[15] Following a lengthy sales process, which was announced in December 2005 but delayed until August 2007, BBC Outside Broadcasts was sold in March 2008 to SIS Communications.

[16] On 1 December 2008 the management team announced that nearly 200 jobs would be lost by June 2009 as part of a restructuring move to make the business smaller, more flexible and resilient to changes in demand.

Its 3D team, along with 3Ality Digitals Stereographer Scot Steele, provided full studio and post production services for the three-minute 3D film featuring an Argentinean tango.

In October 2014, Anna Mallet left the company to take the lead in developing production proposals within the wider BBC.

David Conway was appointed Managing Director of BBC Studios and Post Production from the role of Chief Operation Officer, which he held from May 2012.

[26] On 25 November 2019 BBC Studioworks confirmed that they have renewed their partnership with Elstree Studios, and have extended the current arrangement to continue until at least March 2024.

In September 2017, BBC Studioworks re-opened the three studios at Television Centre, alongside a range of post-production facilities and ancillary areas.

ITV Daytime would also hire office facilities in the White City area near Television Centre from Stanhope Developers.

ITV chief executive Carolyn McCall has confirmed they plan to sell all of the South Bank site and will not build the proposed three new smaller studios there.

In July 2013, BBC Studioworks completed the build of a brand new gallery suite at the George Lucas Stages at Elstree Film Studios to support large-scale TV productions.

In March 2015, BBC Studioworks upgraded its audio production gallery at the George Lucas Stage to a Studer Vista X large-scale mixing console technology for broadcast.

[46][26] On 25 November 2019 it was announced by BBC Studioworks confirmed that they have renewed their partnership with Elstree Studios, and have extended the current arrangement to continue until at least March 2024.

On September 30, 2022 BBC Studioworks officially launched its Kelvin Hall production hub in Glasgow's West End.

In October 2012, the company announced it would be moving its digital media services business which preserves, re-masters and manages content through its archiving, restoration and digital distribution services, from BBC Television Centre in Central London to a new permanent facility at Odyssey Business Park, South Ruislip from early 2013.

As part of the realignment, the Digital Media Services (DMS) arm of the business, based in South Ruislip, ceased trading in its current form.

[15] The initial sale of the collection fell through – the interested party was thought to have been prop hire company Superhire – and on 14 February 2008 the department ceased trading,[61] with a BBC spokeswoman adding that "the arrangements [the corporation] was pursuing have not worked out and BBC Resources is currently inviting interested parties to consider making an offer to purchase.

[15] This allowed for the BBC costume stock to remain within the UK, and be available to British and international TV and film productions in the future.