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For Sale Sign at Sundance Channel?

For Sale Sign at Sundance Channel?

Media reports over the past day indicate that Sundance Channel is for sale. Citing Pali Research analyst Rich Greenfield, a number of outlets are buzzing about the independent film network being on the market. According to a Bloomberg report, “Owners General Electric Co., CBS Corp. and Redford are seeking $400 million to $500 million for the channel, which has 26 million subscribers.” But, according to a Hollywood Reporter story, “Reps for the network said they would not comment on the report. CBS and NBC Uni also declined comment.”

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