/// CBS to Take 50 Percent Stake in TV Guide Network
CBS Corp. is on the verge of acquiring an asset that will round out its television portfolio—the hitherto elusive ad-supported cable network. According to multiple sources, CBS is close to securing a 50 percent stake in TV Guide Network from owner Lionsgate Television. At $100 million, the price of getting a toehold in the basic-cable space is a relative bargain; Lionsgate purchased TV Guide Net in 2009 for a figure just shy of $242 million.
- 10/15/2014 • You’ll Be Able to Get HBO Go Without a Cable Subscription Next Year
- 10/14/2014 • Walking Dead, Killer Clown Top TV Twitter Ratings
- 10/13/2014 • The Walking Dead Ate the Face off Everything on Broadcast This Season So Far
- 09/26/2014 • Outlander’s Ron Moore on Time-Travel, Pern and Everything Scottish