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ProSiebenSat.1 rumoured to be interested in Sky Deutschland

November 9, 2022 16.40 Europe/London By Jörn Krieger

German media company ProSiebenSat.1 is exploring a potential deal to buy into Sky’s pay-TV operations in Germany.

This is reported by Reuters, quoting two sources close to the matter. Sky parent company Comcast is working with advisory firm PJT Partners as it is weighing a disposal of the German business, the sources said.

Deliberations are still ongoing and there is no certainty any deal will go through, according to the report. One of the sources said there were limited synergies between the two businesses, given that ProSiebenSat.1’s TV business was driven by advertising.

The first rumours about a possible sale of Sky Deutschland emerged in late October 2022, suggesting that the pay-TV broadcaster could be valued at around €1 billion.

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Filed Under: Finance, Top Story, TV Tagged With: Comcast, PJT Partners, ProSiebenSat.1, Sky Deutschland Edited: 10 November 2022 08:45

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About Jörn Krieger

Jörn reports on the latest developments in Germany, Austria and Switzerland. Since 1992, he has been working as a freelance journalist, specialised in digital media, broadcast technology, convergence and new markets. He also takes up University lectureships, writes articles in specialist publications, and produces radio reports. Jörn is also a moderator of panel discussions at industry events such as ANGA COM, Medientage München and IFA Berlin.

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