In the context of the input sentence, determine the relationship between 'BBC Worldwide' and 'BBC'.
Options: parent organization, distributed by, stock exchange, location of formation

He said: “Any proposal to remove it [BBC Worldwide] from the BBC simply doesn’t make economic sense.” Mr Davie resisted the idea of selling UKTV as BBC Worldwide reported a record annual return to the BBC of £226.5m.
parent organization