The company, which provides ITV's 'News at Ten' and the 'Channel 4 News', is thought to be looking at international growth and the expansion of its consultancy division as opposed to UK-based commercial growth.
According to reports in The Times the business is being prepared for sale despite ITV's unwillingness to reduce or sell its majority 40% stake.
Profits were down from £7.2m to £5m before tax in 2006 while the business’s pension fund deficit of £25.9m is said to be the biggest hindrance to a sale.