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CBS Acquires Full Ownership Of TV Guide Website, Mobile Apps

LOS ANGELES, CA - APRIL 26:  A large sign and logo greets visitors to CBS's Television Studios on April 26, 2012 in Los Angel
LOS ANGELES, CA - APRIL 26: A large sign and logo greets visitors to CBS's Television Studios on April 26, 2012 in Los Angeles, California. Millions of tourists flock to the Los Angeles area to visit dozens of top attractions including, the beach, Hollywood, and Beverly Hills. (Photo by George Rose/Getty Images)

May 31 (Reuters) - CBS Corp said on Friday it acquired full ownership of TV Guide's online and mobile apps divisions, buying out the 50 percent share held by Lions Gate Entertainment Corp.

CBS now owns TV Guide Digital, which includes the TVGuide.com website and TV Guide Mobile properties, the company said in a statement. CBS and Lions Gate share ownership of TV Guide's cable network, known as TVGN.

TV Guide.com attracts 16.5 million visitors each month, and its mobile apps have been downloaded more than 9 million times, CBS said. Both provide news and information about TV shows and movies in addition to TV listings.

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