Social network Bebo is not going anywhere, according to AOL U.K. and Ireland sales head Simon Podd, who spoke at a panel during C21's Social Media Forum at the British Academy of Film and Television Arts Monday, as reported by paidContent:UK.

"Bebo's not being spun off: Time Warner is spinning off AOL," Podd said. "Bebo is part of AOL. Bebo sits within People Networks, but then we've got a new CEO. He's looking at how he can manage the business. There might be a new name for People Networks, [but] Bebo will still remain in the AOL family, whether it's called People Networks or something else."

When asked if the changes at AOL will affect Bebo's video projects, Podd added, "We're plowing ahead: We've done six, seven, eight. We've got another one that's going to be announced in the next couple weeks. We're going to be launching another magazine-style show in August."