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
Director of Product Management
comScore, Inc
Reston, VA
Director of Account Management
Adelphic
New York, NY
Digital Ad Operations Trafficker
A+E Networks
New York, NY
Mobile App Acquisition Manager
Publishers Clearing House
New York City & Port Washington, NY
Senior Product Manager - Mobile
Publishers Clearing House
New York, NY