CBS May Acquire TVGuide.com | Adweek CBS May Acquire TVGuide.com | Adweek
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CBS May Acquire TVGuide.com

Network making bigger investment in TV Guide Network properties

CBS Corp. is in talks to take full ownership of TVGuide.com, according to Deadline. The company is in negotiations with 50/50 partner Lionsgate to acquire its half of the company for a reported $10 million.

Last month, CBS paid $100 million for a 50 percent stake in TV Guide Network and the website previously owned by One Equity Partners. The Web property alone is valued at $20 million.

DirecTV was previously in talks to buy TVGuide.com, but the two companies did not reach a deal.

CBS reportedly wants TVGuide.com to be absorbed into CBSi, which also incorporates TV.com, CNET, CBS.com, CBSSports.com and Last.fm.

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