Monday, October 13, 2008

TV Guide U.S. sold to private equity firm

While TV Guide (Canada) soldiers on as an online-only product of Transcontinental Media, TV Guide magazine (U.S.) has been on the block. Now its owners, Macrovision Solutions Corporation has sold it to OpenGate Capital. Macrovision announced in January that it was going to divest the print magazine after it acquired the previous owners, Gemstar-TV Guide, although keeping the online side. Somehow, the print and online versions of TV Guide will now have to be coordinated between the two companies.

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