CBS Corporation Acquires TV Guide Website and Mobile Apps

Posted on June 2, 2013

CBS Corporation announced it has acquired TV Guide Digital, which includes the TVGuide.com website and the TV Guide mobile properties. CBS Corporation now has 100% after acquiring the remaining 50% stake in TV Guide Digital shares from Lionsgate. TVGuide.com and the TV Guide Mobile apps will become part of CBS Interactive's Technology, Games and Lifestyle group, which also operates TV.com. CBS says TVGuide.com receives over 16.5 million monthly unique visitors.

Jim Lanzone, President of CBS Interactive, said in a statement, "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. 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."

CBS and Lionsgate's 50/50 partnership for the TVGN cable network will continue.