Lionsgate likely to sell 50% of TV Guide Network to CBS

Lionsgate likely to sell 50% of TV Guide Network to CBS

Lionsgate

MUMBAI: US broadcaster CBS is said to be looking to acquire a 50 per cent stake in TV Guide Network.

The company is currently co-owned by Lions Gate Entertainment and One Equity Partners.

The likely price is around $100 million, according to media reports.

TV Guide Network will probably re-brand and move from just being seen as a listing source.