BroadbandTV Corp. has been put on the block. BroadbandTV has been put on the block by its majority owner, RTL Group SA (BDL:006146252), setting the stage for a transaction or public offering that could value the company in the high nine figures. RTL Group said in a statement that it has decided not to exercise the call option for the remaining 49% shareholding in BroadbandTV and will jointly explore all strategic alternatives for the company with its minority shareholders. RTL Group has hired LionTree Advisors, LLC to head the process. Shahrzad Rafati, Founder and Head of BroadbandTV, said, “All parties we have a shared perspective that BroadbandTV is a valuable asset. This is very exciting for us, because it allows us to consider all strategic alternatives as it relates to determining the best outcome for shareholders, employees, customers and the entire ecosystem.”