Or at least half of it, anyway?
http://www.deadline.com/2013/03/cbs-acquiring-tv-guide-partner-with-lionsgate/
http://www.deadline.com/2013/03/cbs-acquiring-tv-guide-partner-with-lionsgate/
Then again, CBS did get Showtime as a result of the split, and may have already had then-CSTV. CBS may have belatedly realized cable is where the money is these days, especially where sports are concerned. If they pull the split today, I wonder if CBS keeps one cable channel to turn into a sports network. Worth noting that Viacom's cable channels tend to be more downmarket.TheBigA said:Well, kind of. They're buying half of the TV Guide Network cable channel. That gives them access to another cable channel for their content. CBS, via CBS Television Distribution, owns Entertainment Tonight, which would be right at home on TV Guide.
The interesting thing here is that CBS is buying cable channels. Back when CBS and Viacom split, the idea was that Viacom would have all the "new media" like cable. CBS would be a traditional media company. But that has changed as CBS started their own Sports Network. Now this. So they're expanding in an area that was once reserved for their corporate cousin. No one seems to be stopping them.
Morgan Wick said:Worth noting that Viacom's cable channels tend to be more downmarket.
TheBigA said:Morgan Wick said:Worth noting that Viacom's cable channels tend to be more downmarket.
Hmmm...not many cable channels that AREN'T downmarket. There was a time when Bravo and A&E were similar to PBS. Not any more. The History Channel runs reality shows most of the time. Reality TV is what moved MTV into extreme profits.
TheBigA said:Well, kind of. They're buying half of the TV Guide Network cable channel. That gives them access to another cable channel for their content. CBS, via CBS Television Distribution, owns Entertainment Tonight, which would be right at home on TV Guide.
The interesting thing here is that CBS is buying cable channels. Back when CBS and Viacom split, the idea was that Viacom would have all the "new media" like cable. CBS would be a traditional media company. But that has changed as CBS started their own Sports Network. Now this. So they're expanding in an area that was once reserved for their corporate cousin. No one seems to be stopping them.
BD Sullivan said:TheBigA said:Morgan Wick said:Worth noting that Viacom's cable channels tend to be more downmarket.
Hmmm...not many cable channels that AREN'T downmarket. There was a time when Bravo and A&E were similar to PBS. Not any more. The History Channel runs reality shows most of the time. Reality TV is what moved MTV into extreme profits.
Back in the early 80's, CBS had their own cable channel (brilliantly named "CBS Cable") that showed only the PBS-type high brow stuff like ballets, classical music concerts, etc. It lasted 14 months:
http://en.wikipedia.org/wiki/CBS_Cable