Film producer Lionsgate has sold its 49% stake in TV Guide Network to One Equity for USD123m. One Equity retains the right to purchase an additional 1% of TV Guide Network and TVGuide.com under ?certain circumstances?, according to the company.
The TV Guide Network is the 19th most-distributed network in the US and is available in 83m homes, according to the Wall Street Journal.
StrategyEye's related categories: TV Channels - General TV, Film Producers
StrategyEye's related companies: TV Guide, One Equity Partners, Lions Gate Entertainment
