Chellomedia of Liberty Global is up for sale for $1 billion; provides several pay-TV channels to DStv and TopTV in South Africa.

Chellomedia, the international satellite pay-TV channels unit of Liberty Global, which provides TV channels which can also be seen in South Africa on MultiChoice's DStv platform as well as On Digital Media's (ODM) TopTV, is up for sale The Wall Street Journal reports.

Chellomedia provides TV channels such as CBS Reality (a joint venture with CBS Studios International), Food Network (joint venture with Scripps Networks Interactive) to DStv and Natura, Fine Living Network (joint venture with Scripps Networks Interactive), JimJam (joint venture with HiT Entertainment) and MGM to TopTV in South Africa.

Liberty Global wants between $800 million to $1 billion for Chellomedia, The Wall Street Journal reports. Chellomedia's revenue was $514 million last year.