The Wall Street Journal is reporting that India-based Bennett, Coleman & Company, whose parent company The Times Infotainment Media (TIML) of India bought Virgin Radio Holdings in 2008, is considering putting up the United Kingdom-based Absolute Radio for sale. Bennett Coleman CEO Ravi Dhariwal tells the Journal, "We are in the process of conducting a review as to where we stand. It's too premature to talk about the likelihood of sale, etc. I wouldn't want to comment any further." Their investment hasn't seen gains since the purchase and since it was re-branded to Absolute Radio. TIML Radio revenues were down sharply in 2009, and while 2010 figures have not yet been released, the company expects radio revenues to be flat in 2011. You can read more from the Wall Street Journal here.