CBS Corporation Buys TV Guide Digital

SAN FRANCISCO: CBS Corporation has wholly acquired TV Guide Digital, which includes TVGuide.com and TV Guide Mobile properties.

CBS Corporation purchased the remaining 50-percent stake in TV Guide Digital shares from Lionsgate. The companies’ 50-50 partnership for the TVGN cable channel, announced in March, will continue.

“TV Guide is one of the most-enduring and iconic brands in the world of television and video, and we’re proud to welcome TV Guide Digital to the CBS Interactive family,” said Jim Lanzone, the president of CBS Interactive. “TVGuide.com and TV Guide Mobile have the biggest and most-engaged audiences in the valuable TV information category, making them a perfect fit for our portfolio of premium content brands.”