Lionsgate to acquire TV Guide Network and TVGuide.com

Lionsgate to acquire TV Guide Network and TVGuide.com

Los Angeles Times


In a surprise move, Lionsgate Entertainment Corp. agreed Monday to buy TV Guide Network and TVGuide.com for $255 million, torpedoing a deal announced just over two weeks ago with media entrepreneur Allen Shapiro and a private equity unit of JPMorgan Chase & Co.

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