May 22 (Reuters) - German media group ProSiebenSat.1 (PSMGn.DE) and European pay-TV operator Sky have revived talks over a combination of their businesses in Germany, four sources familiar with the matter said Wednesday.
Like other broadcasters across Europe, German broadcasters are struggling to reshape their business to compete with online streaming players such as Netflix (NFLX.O) and DAZN.
Under a potential transaction, Sky would pay hundreds of million of euros to sell its operations in Germany to Prosiebensat.1, two of the sources said.
Prosiebensat.1 declined to comment.
Sky declined to comment Comcast did not immediately respond to a request for comment.