Technicolor reportedly looking to sell broadcast business

Technicolor is looking to sell its broadcast services, production and post-production activities, according to French press reports.

According to financial daily Les Echos, the technology company is at an early stage of the process of looking to sell its broadcast businesses, but several possible buyers have emerged, including Ericsson.

Technicolor provides international playout services for Disney from the UK, while in France it provides broadcast servies to Canal Plus Multithématiques, France 24 and TV5.