CBS buys Lionsgate out of TVGuide.com

CBS Corporation has bought the remaining 50% of TV Guide Digital that it didn’t already own from Lionsgate – in a deal that includes the TVGuide.com and TV Guide Mobile properties.

The assets will become part of CBS Interactive’s technology, games and lifestyle group, which also operates social media TV site TV.com, as well as sites like CNET, GameSpot, Last.fm and Metacritic.

“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 CBS Interactive president Jim Lanzone.

The firm added that together, TVGuide.com, TV Guide Mobile and TV.com “will give fans the most-comprehensive information about the programming they love.”

TV Guide Digital offers TV listings, as well as an entertainment discovery feature called watchlist. The site claims to attract 16.5 million monthly unique visitors, while TV Guide’s mobile apps have been downloaded more than 9 million times and attract more than 2.5 million average monthly visitors.

Under the deal, which was agreed for undisclosed terms, US cable network TVGN will continue to run as joint venture between CBS Corporation and Lionsgate.

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