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CBS Acquires Lionsgate’s Half Of Pop Cable Network

Y2kTheNewOldies

Y2kTheNewOldies

https://deadline.com/2019/03/cbs-acquires-lionsgate-half-of-pop-cable-network-1202574424/

The deal is in the process of going to CBS's full ownership of the network.

CBS has bought out Lionsgate to acquire full ownership of the cable network Pop.

Terms for the transaction were not immediately revealed by either company. In 2013, CBS invested $100 million in half of the network, when it was still known as the TV Guide Network, or TVGN. It was rebranded in 2015 as Pop and soon had a critical favorite and steady performer in the comedy Schitt’s Creek. More recently, the Anna Paquin-starring Flack has garnered the network some attention.
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