Acquisition comes after March partnership with Lionsgate
CBS Corp. has officially taken control of TV Guide Digital, a property that includes TVGuide.com and TV Guide Mobile.
In March, CBS purchased half of TV Guide Digital from JP Morgan's One Equity Partners, forging a partnership with Lionsgate. CBS has now acquired Lionsgate's remaining 50 percent share in TV Guide Digital.
As part of CBS's full acquisition, TVGuide.com and TV Guide Mobile apps will become part of CBS Interactive's Technology, Games and Lifestyle group, which includes TV.com, CNET, GameSpot and Last.fm.
“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,” CBS Interactive president Jim Lanzone said. “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.”