Sinclair Broadcast Group, the second largest owner and operator of U.S. broadcast stations, is considering selling more than 30% of its stations, according to NBC News sources.

The company reportedly hired Moelis as its “investment banker and has identified more than 60 stations in various regions of the U.S. that it would be willing to sell, said the people, who asked not to be named because the discussions are private,” the report said.