Kara Swisher

Recent Posts by Kara Swisher

Yahoo Is Among Those Mulling a TVGuide.com Bid for About $20 Million

According to sources close to the situation, Yahoo is among the companies taking a serious gander at TVGuide.com, the online entertainment listings, video and news site and mobile app.

Earlier today, Deadline Hollywood reported that its owner, Lionsgate, was in “advanced negotiations” to sell the site for about $20 million to one strategic bidder.

That’s the approximate price, my sources said too, who noted that Yahoo is only kicking the tires to determine if the site would add to its online media efforts and that such a deal is not in a final state.

But TVGuide.com is right in the wheelhouse of Yahoo’s acquisition efforts under CEO Marissa Mayer. She said the Silicon Valley Internet giant was looking at smaller purchases to round out its product line, especially in the mobile area.

Thus, its M&A point person, Jackie Reses, has been looking at “everything in the world,” according to numerous sources, across a large spectrum of arenas. TVGuide.com is in the media space, obviously — another she’s looked at is Los Angeles-based Maker Studios.

Hollywood studio Lionsgate last reported that TVGuide.com has upward of 24 million unique monthly visitors, and also has almost seven million mobile app users.

Lionsgate bought the site and television network in 2009, which also is owned in part by J.P. Morgan’s One Equity Partners.


Latest Video

View all videos »

Search »

The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald