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Lionsgate Sells 49% Stake in TV Guide for $123 Million

Authored by Mark Hefflinger on May 28, 2009 - 8:19am.
Santa Monica, Calif. - Film studio Lionsgate announced on Thursday that it has sold a 49% stake in it TV Guide Network and TVGuide.com business to One Equity Partners, the private equity investment arm of JPMorgan Chase, for $123 million.
tags: Deals | Video | TV | Movies | Acquisitions | TV Guide | Lionsgate | One Equity Partners | Allen Shapiro |