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50% acquisition of Former TV Guide Network by CBS.

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The article is about the CBS Acquires 50% Stake in Former TV Guide Network. CBS Corp. just announced that it is acquiring 50% of of TV Guide, the company that encompasses TVGN and TVGuide.com. The deal adds a basic cable network to its TV portfolio, which includes broadcast networks, a pay cable network, international TV channels, a TV studio and syndication unit. As we first reported on Friday, CBS is taking over the TV Guide stake held by One Equity Partners.

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CBS Acquires 50% Stake in Former TV Guide Network

50% acquisition of Former TV Guide Network by CBS. by
Authored by: Harrison Barnes