CBS Acquires A 50% Stake In TV Guide

CBS has acquired a 50% stake in TV Guide, a company that has a cable channel with the same name and parent company of  The cable channel is available in over 80 million homes.  The TV Guide channel showcases content side-by-side with TV show and movie listings.

CBS acquired the stake in TV Guide from One Equity Partners, the private equity arm of JPMorgan Chase.  One Equity Partners spent $122 million to buy 49% of TV Guide in 2009.  CBS paid only $100 million for the stake as reported by

TV Guide will be rebranded and will partner with several CBS properties including CBS Entertainment Tonight and OMG! Insider.


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