As you OBVIOUSLY already know, the BBC has lost the rights to The Great British Bake Off, with Love Productions taking the show to Channel 4 in a rumoured £25 million deal.

But that hasn't completely ended the Beeb's partnership with the much-loved show.

The broadcaster's commercial bit, BBC Worldwide, previously signed a pretty hefty deal for the "international format rights" for the show for the next 12 years – all the way until 2028.

What does that mean?

Well, it means that the BBC will be getting a slice of those international versions of the show for a long time to come.

"BBC Worldwide continues to hold international format rights (excluding North America) for Bake Off for the next 12 years," a spokesman has confirmed.

preview for Bake Off's Most Controversial Moments

"BBC Worldwide additionally has an exclusive first negotiation position with Love Productions for the international distribution of future seasons of The Great British Bake Off."

Beyond the original UK version of the show, Bake Off has been remade already in loads of countries around the world.

As well as commissioning four new series of the show, Dutch broadcaster NPO recently did a deal with BBC Worldwide for its own version of An Extra Slice.

Mel Giedroyc, Sue Perkins, Great British Bake Off, 2016, episode 3pinterest
BBC

Over there it's called Smaakt Naar Meer, which literally translates to Tastes To More and basically means "Moreish".

When Bake Off eventually comes back to UK TV, it'll have new hosts of course.

Beloved presenters Mel & Sue announced their departure soon after its controversial move from the BBC to Channel 4.

Channel 4 may need to flick through LOTS of CVs, with rumours that Mary Berry and Paul Hollywood could also leave.

But despite all the changes – some forced, some chosen – the broadcaster has promised Bake Off fans that it won't change too much.

preview for Paull Hollywood & Mary Berry 'Bake Off isn't nasty or competitive'

We have no plans to change the incredibly successful format of the show which is much-loved by viewers," a spokesperson said.

Apparently it wasn't just financial reasons that caused the split from the BBC.

Love Productions apparently isn't happy with BBC shows it says copy the classic Bake Off recipe.

And the BBC is now being hotly rumoured to make its own new baking show with Mel, Sue and maybe even Paul and Mary on board.