ProSiebenSat.1 May Sell TV channels

ProSiebenSat.1, A German media group, may be selling parts of its activities in the Netherlands, Scandinavia and Belgium. Investment bank JP Morgen has been commission to evaluate what contributions the sales of various business areas could contribute, according to CEO Thomas Ebeling.

The evaluation should determine which parts of the company would achieve “an attractive financial value or a strategic bonus” if sold Ebeling said. However, he added that results of the analysis would be open. Ebeling ruled out a sale of the entire family of media group SBS Broadcasting which ProSiebenSat.1 bought out in 2007

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