CBS Buys Out Lionsgate’s Stake in Pop Cable Network to Become Sole Owner

CBS now has sole custody of Pop. The company has purchased Lionsgate's 50 percent stake in the cable network and is Pop's only owner. CBS bought into the cable network--then known as the TV Guide Network--back in 2013, paying a reported $100 million for its 50 percent stake. The network rebranded as Pop in 2015,...