ProSiebenSat.1 is not interested in a takeover

Rumors have been circulating for a few days that Sky Germany is for sale. Comcast is reportedly considering the sale, one reason being that Sky Germany’s pay-TV business has negatively impacted its European business in the past quarter. The US broadcaster is working with a consultant to explore options for Sky Germany, they say.

It is not surprising that various names appear. For example, it was reported that 1&1 would be among the interested parties. ProSiebenSat.1 was also mentioned recently. According to Ralf Gierig of ProSiebenSat.1, it is now said that there is nothing to the story. “

We focus on linear television and our digital footprint. Sky is in the pay-TV business, which is traditionally a tough business in Germany,” he said.

Italian broadcaster MediaForEurope (MFE) (MFEB.MI), which earlier this month cemented its position as the sole largest shareholder of ProSiebenSat.1, has long seen mergers between European companies as the answer to fierce competition from the giants online video.

This article contains affiliate links, so we mark it as advertisement. By clicking on it, you will directly access the supplier. If you decide to make a purchase there, we will receive a small commission. Nothing changes in the price for you. Thank you for your support!