But the fragrance licences will continue to belong to a cosmetics company, Coty.
"I think the licence fee will continue.
The licence fee will continue for at least 11 years, and will increase in line with inflation until 2021-22.
"2entertain's retail partners know it is now backed by a stable owner and licence fee payers will continue to benefit from 2entertain's contribution to BBC Worldwide, which helped us return a total of £153m to the BBC in the last financial year".
While there will be financial implications in ending the show, he hopes people continue to licence it and it will continue to generate revenue.
The companies that currently hold the licences for the various oil fields will continue to operate as now, but the taxes they pay will come to the Scottish Exchequer rather than go to the chancellor in London".
Uber's London licence expires on 30 September, although it will continue to run taxis while it pursues a legal appeal process that could last a year.
The DCMS said yesterday: "The government is firmly committed to the multi-year licence fee settlement with the BBC, and will continue to respect it as this is a crucial element of the BBC's independence.
"We're absolutely delighted that the TV highlights will continue to be available to licence fee payers," said Barbara Slater, director of BBC Sport.
Our primary concern is that a decision not to divest will continue to bolster the social licence of an industry that has indicated no intention of taking meaningful action.
