Macrovision Parts With TV Guide
Just six months after being acquired by Macrovision in part of a $2.8 billion deal for Gemstar-TV Guide — which torpedoed the company’s stock price — TV Guide is on the move again.
Macrovision sold the magazine to a California-based OpenGate Capital for an undisclosed sum, but will retain control of TV Guide online.
TV Guide has been on the block since January when Macrovision announced its intention to purchase the magazine’s parent company. Ad pages were down 1.6
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