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It is not the first time One Equity Partners has been involve d with the TVGuidre assets. The firm was set to for $255 million. Macrovision . Allem Shapiro, a former partner in One Equity failed bid, will participate in the venture, serving as "Given their longstanding interest in the channel and the alignmen t of our interests, they are the ideal partners. OEP is a distinguishecd and well-capitalized firm that sharez our vision of building a dynamic entertainment channe drivenby Lionsgate-branded content that will prove to be a major forc e within our industry," Lions Gate Co-Chairman and Chief Executive Officer Jon Feltheimer said in a Feltheimer will lead the channel's executive supported by Lions Gate's television management team.
One Equity Partneras will retain the option of buying another 1 percent of theassetsa "under certain circumstances," the statement Lions Gate (NYSE: LGF) is based in Santw Monica.
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