The company did not say how much it had paid for the TVGN
stake, but media reports said earlier that OEP, the private equity unit of JPMorgan Chase & Co (NYSE:JPM), could get USD100m (EUR78.2m) for its 50% in TVGN
Kennedy was a key player in Lionsgate's evolution into a powerhouse global entertainment company, with roles in acquisitions of Summit Entertainment and TVGN
, while maintaining the company's investment in syndicator Debmar-Mercury.
TVGN (TV Guide Network) has expanded its original programming department with the appointment of Jessie Surovell as Vice President, Development and the promotion of Kristan Giordano to Vice President, Original Programming, effective immediately.
As TVGN continues to expand its original programming, both Jessie and Kristan will play significant roles in building and managing our growing slate of content, said Adler.
Surovell joins TVGN from Shed Media US, where she previously served as Executive Director of Development.
Giordano is a 10-year veteran of TVGN, who most recently served as Executive Producer at the network.
Debra Wichser has been appointed Chief Financial Officer of TVGN, a CBS Corporation and Lionsgate partnership.
With her appointment at TVGN, she will relocate to the network s headquarters in Los Angeles, reporting to David Wisnia, President of Business Operations, TVGN.
Her strong background in business and finance, coupled with her proven leadership abilities, will be a great addition to our senior management team here at TVGN.
Entertainment), Showtime Networks, CBS Sports Network, TVGN
(a joint venture between CBS Corporation and Lionsgate), Smithsonian Networks, Simon & Schuster, CBS Television Stations, CBS Radio, CBS Outdoor, CBS Television Studios, CBS Global Distribution Group (CBS Studios International and CBS Television Distribution), CBS Interactive, CBS Consumer Products, CBS Home Entertainment, CBS Films and CBS EcoMedia.