German commercial broadcaster, ProSiebenSat.1, has stated that it is not interested in acquiring Comcast’s Sky Deutschland operation.

ProSiebenSat.1 CFO Ralf Gierig, speaking to Reuters, said the broadcaster was very much focusing on conventional, linear FTA television and its digital footprint. “Sky is in the pay-TV business, which is historically a difficult business in Germany,” he added.

Comcast acquired Sky Deutschland as part of an overall $40 billion purchase of Sky-branded European assets in 2018.

Just a few days ago ProSiebenSat.1 had emerged as a possible buyer of Sky Deutschland.

Other posts by :

1. SES announces €0.25c dividend
2. Russia “blinding and destroying” German satellites
3. Bank: AST, Starlink, Kuiper targeting $200bn market
4. Rivada: Is no news good news?
5. SES celebrates Intelsat acquisition
6. Pakistan halts broadband direct-from satellite
7. India stymies Starlink launch
8. Starlink, AST SpaceMobile race for cellular consumers
9. Trouble ahoy for foreign D2D satellites over India?

Categories: Articles, Business, M&A, Pay TV

Tags: germany, ProSiebenSat.1, sky, sky deutschland