CBS buys remaining 50% stake in Pop, a cable network best known for 'Schitt's Creek'
CBS Corp. said it has acquired the 50% stake in the cable network Pop held by Lions Gate Entertainment Corp., giving it complete ownership of the channel.
Terms of the deal weren’t disclosed. CBS acquired its initial 50% stake in the channel for $100 million in 2013 when it was known as the TV Guide Network. Since that purchase, the channel’s ratings among key demographics have declined and its national reach has fallen by 15%.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
GE explores stake sale in Enel renewables joint venture: sourcesGeneral Electric Co is exploring a sale of its 50 percent stake in a renewable e...
Read more »
Goat mayor, teen vaccines, a female Sherlock Holmes: News from around our 50 states
Read more »
Search trends in China show interest in iPhone down nearly 50%Chinese interest in iPhone seems to be waning as fewer consumers look up the smart phone online, according to Longbow Research.
Read more »
Chola culture, My Favorite Murder beer, crazy ants: News from around our 50 statesGorilla infant and surrogate mom bond in Florida, ‘Shawshank’ reunion planned in Ohio, and more
Read more »
Beatlemaniac library patron returns a copy of Life magazine 50 years lateA Beatles fan with a guilty conscience helped a 50-year-old issue of Life magazine get back to where it once belonged.
Read more »