Owner Comcast had been trying to offload lossmaking Sky Deutschland for number of years
Sky has sold its German pay-TV business to RTL, the former owner of Channel 5, in a deal that could ultimately value the business at almost £500m.
Germany’s biggest broadcaster, which is owned by the media conglomerate Bertelsmann, has agreed to buy Sky Deutschland for €150m (£128m), and a further up to €377m depending on the future performance of RTL Group.
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Source link : https://www.theguardian.com/business/2025/jun/27/sky-sells-german-pay-tv-business-to-rtl
Author : Mark Sweney
Publish date : 2025-06-27 08:15:00
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