Previous Bidder Takes Minority Stake In TV Guide Network for $123M

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Posted: 05-29-09 02:20 PM

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Tv Guide

Folio::

The sell-off of TV Guide has taken another strange turn.

Film entertainment studio Lionsgate today said it has sold a 49 percent stake in the TV Guide Network and TVGuide.com to Allen Shapiro and One Equity Partners for $123 million in cash.

Read the whole story: Folio:

The sell-off of TV Guide has taken another strange turn. Film entertainment studio Lionsgate today said it has sold a 49 percent stake in the TV Guide Network and TVGuide.com to Allen Shapiro and O...
The sell-off of TV Guide has taken another strange turn. Film entertainment studio Lionsgate today said it has sold a 49 percent stake in the TV Guide Network and TVGuide.com to Allen Shapiro and O...
Filed by Danny Shea
 
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Well, I cancelled my subscription and have avoided it since they "improved" the magazine, by turning it into "People TV". Until my digest sized, local programming is back, I will just hope for the worst for them. You make your bed, you best like in it.

    Favorite    Flag as abusive Posted 08:34 PM on 05/31/2009
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Organized crime scores another one.

    Favorite    Flag as abusive Posted 12:54 AM on 05/30/2009
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