CBS Corp. Wholly Acquires TV Guide Digital31 May, 2013 By: Chris Tribbey
CBS Corp. announced May 31 it has wholly acquired TV Guide Digital, which includes TVGuide.com and TV Guide Mobile. CBS got the remaining 50% stake in shares of the company from Lionsgate.
CBS and Lionsgate’s partnership in the TVGN cable network, announced March 26, 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, 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.”
TVGuide.com and TV Guide Mobile apps will become part of CBS Interactive’s Technology, Games and Lifestyle group, which also operates TV.com, CNET, GameSpot, Last.fm, MetroLyrics, Metacritic and CHOW brands.
TV Guide Digital was created in 2006. TVGuide.com has more than 16.5 million unique visitors per month, while TV Guide Mobile apps have been downloaded more than 9 million times.