THE INFORMATION YOU REQUESTED IS ONLY AVAILABLE TO SUBSCRIBERS.

Accessing this information requires a subscription to HollywoodReporter.com.

Lionsgate sells 49% stake in TV Guide


May 28, 2009 Lionsgate on Thursday sold a 49% stake in its TV Guide property to One Equity Partners, JPMorgan Chase's global private equity investment arm, for $123 million in cash. Vancouver-based Lionsgate, which paid $255 million to Macrovision Solutions in February 2008 for the TV Guide Network cable channel and TVGuide.com online business, said that One Equity Partners retains an option to purchase another 1% stake in the TV properties. Lionsgate earlier talked about bringing in potential partners on the TV Guide property as part of a strategy to leverage its content into new distribution platforms.

Subscribe to the Hollywood Reporter and see the entertainment industry from its best angle: the inside looking out. Complete access to real-time news and exclusive analysis that goes behind the scenes from film to television, home video to digital media.

   Subscribe now.

If you're a subscriber log in here

Note:
You must be using a "cookie enabled" browser in order to access the members-only areas. If you have disabled cookie use in your browser, you must enable it before entering your authentication info. For more info click here.

Current Print Subscriber?
Click Here to upgrade your subscription to include online access.

Have a Question?
If you have any questions, please call our Customer Service department at (888) 900-3782 or (323) 525-2113, or email mailbox@hollywoodreporter.com.