HBO's past licensing deals have been with networks such as E!, TVGuideNetwork and A&E.
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TVGuideNetwork and ABC declined comment.
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The agreement marks TVGuideNetwork's first major acquisition since it changed programing direction under its new ownership.
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Icahn praised Lions Gate's management for many of its decisions, including the acquisition of TVGuideNetwork and TVGuide.com, the company said.
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Its parent company, Gemstar- TV Guide International Inc., says the channel is getting rebranded under the new moniker TVGuideNetwork, starting June 4.
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Lawrence Zarian, TVGuideNetwork's red carpet fashion expert, said many actresses had sought strapless gowns or off-the-shoulder dresses, adorned with sparkling jewels.
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She is hosting the TVGuideNetwork's coverage of the Emmys red carpet and asking questions of stars instead of rubbing elbows with them.
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Lawrence Zarian, a TVGuideNetwork fashion expert, said he saw lots of jewels, one shoulder dressing, tighter fitting bodices, flowing skirts and cascading fabrics.
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Katie Cazorla is the proprietor of her own Hollywood nail salon and the star of Salsano's newest series, "The Nail Files" for TVGuideNetwork.