ABC Commercial, formerly ABC Enterprises, is the revenue-earning division of the Australian Broadcasting Corporation, one of the two national public broadcasters. ABC Commercial has operated in various forms since its establishment in 1974, with its primary purpose to generate income for the ABC, which is then invested in content production. The national network of retail ABC Shops closed in 2015, with the digital and few remaining brick-and-mortar retail sites having been retired at the end of 2018. ABC Commercial continues to do business in content sales and distribution; music and events; publishing and licensing; and the ABC Studios and Media Production. History of the organisation The commercial arm of the ABC was established in 1974 under the name ABC Enterprises as a self-funding unit, marketing products relating to the ABC's activities. It was renamed in 2007 to ABC Commercial, with the former director of New Media and Digital Services, Lynley Marshall, appointed as director of the new division, which would investigate new avenues to earn revenue in digital technology. The aim of the renamed division was "to create, market and retail high quality consumer products which reflect and extend the scope of the ABC’s activities". At this time it comprised the ABC Shop, ABC Consumer Publishing and Content Sales (which included various sales, events, and licensing operations), ABC Resource Hire (costumes and minicam), and ABC Content Services (Archives). ABC Commercial was registered as a business name under Australian Broadcasting Corporation on the Australian Business Register in April 2007, and continues to exist , along with ABC Shop, ABC Music Publishing, ABC Young Performers' Award and Happy Body at Work as other business names. Until early 2019, ABC Commercial was part of the Finance division; it then became an independent business unit of the ABC. Description ABC Commercial's primary purpose is to generate income for the ABC through the sale of ABC and third-party content and intellectual property. It creates, licenses, and markets both physical and digital products globally through its business divisions as well as its own business affairs, rights clearance, royalties and finance support functions. ABC Commercial is fully self-financed through its operations and does not receive public funding. In the financial year 2018–2019, ABC Commercial turned a profit of , which was invested in content production. Of its gross revenue, 54.5% of its revenue came from sales of ABC content, 23.8% from music 9.4% from investment agencies, 6.2%