CBS takes over TV Guide

CBS in the US has acquired the remaining 50% of TV Guide it didn’t already own.

The Eye has taken full ownership of TV Guide Digital, which includes the popular TV Guide.com and TV Guide Mobile properties, after buying the shares from Lionsgate.

The announcement comes after the two parties sealed a pact in March to share TVGN cable network channel 50/50, with CBS taking the stake held by One Equity Partners (OEP), investment arm of JPMorgan Chase.

Under the new deal, TV Guide.com and the TV Guide Mobile apps will become part of CBS Interactive’s Technology, Games and Lifestyle Group.

“TV Guide is one of the most enduring and iconic brands in the world of television and video, and we’re proud to welcome TV Guide Digital to the CBS Interactive family,” said Jim Lanzone, president of CBS Interactive.

“TV Guide .com and TV Guide Mobile have the biggest and most engaged audiences in the valuable TV information category, making them a perfect fit for our portfolio of premium content brands.”