CBS boosts cable footprint with stake in TVGN

CBS, in a deal said to be worth about $100 million, has closed on its acquisition of a 50% stake in TVGN, formerly called TV Guide Network. The channel, which CBS will run in partnership with Lionsgate, is transitioning from being mainly TV listings to a general entertainment focus. "This is a strategic way for CBS to use its content brands and gain access to a highly distributed basic cable network that has a lot of upside," said Les Moonves, CBS president and CEO.

View Full Article in:

Wall Street Journal, The · New York Times (tiered subscription model), The

Published in Briefs:

SmartBrief Job Listings for Media

Job Title Company Location
Online Advertising Specialist
Tableau Softwarwe
Seattle, WA
Director, Digital Research (Burbank or New York)
Warner Bros. Entertainment Inc.
Burbank, CA
Data Entry and Integrity Coordinator
Interactive Advertising Bureau
New York, NY
Director of Business Development - Denver/New York
zvelo
Denver, CO
Director of Marketing - Denver
zvelo
Denver, CO