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Comcast ‘considering Sky Deutschland sale’

Parent company is said to be working with an advisor on a possible €1 billion sale of the broadcaster

Comcast is reportedly considering a sale of its Sky operations in Germany.

According to Bloomberg, the US media giant is working with an advisor on a possible €1 billion of the broadcaster.

The report adds that discussions are ongoing and Comcast may decide not to sell.

Earlier this week, as part of its Q3 2022 results, Comcast said gains in the UK market had been offset by lower sales in Italy and Germany.

Comcast acquired Sky Deutschland when it bought out 21st Century Fox’s 39 per cent in the broadcaster in 2018.