CBS buys out Lionsgate’s half of Pop TV

//CBS buys out Lionsgate’s half of Pop TV

CBS buys out Lionsgate’s half of Pop TV

Lions Gate Entertainment Corp. has sold its 50 percent stake in Pop TV to CBS Corp., which now owns all of the basic-cable network. “Going forward, Pop will be 100 percent owned by CBS, and we are very excited about its next chapter as a fully integrated part of our global premium content company,” CBS Chief Creative Officer David Nevins wrote in a staff memo on Monday. The Wall Street Journal first reported the news. Terms of the deal were not disclosed, but Lionsgate (NYSE: LGF.A, LGF.B)…

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By | 2019-03-12T21:20:13+00:00 March 12th, 2019|Media|

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