4 posts and columns on Macrovision

Macrovision's Take for TV Guide: A Single Dollar

in News on October 15, 2008 at 4:04 pm PT

Well, this would explain why they didn’t want to disclose the price. In a filing with the SEC, Macrovision (MVSN) disclosed the price tag for the sale of TV Guide to OpenGate Capital, and it’s a stunner: a single dollar, along with the assumption of liabilities. (Like the need to fulfill current subscriptions.)

News Corp. Sells Its 19% Stake in Macrovision

in News on June 6, 2008 at 9:18 am PT

Macrovision Solutions (MVSN) announced that News Corp. (NWS) has sold its 19% stake in the company to a group of new and existing institutional investors. The News Corp. position resulted from its 41% stake in Gemstar-TV Guide, which recently merged with Macrovision.

Welcome Rupe! How's That Gemstar Deal (Not) Working Out?

in News on December 13, 2007 at 3:02 am PT

The Wall Street Journal gave a big hello to its new owner, Rupert Murdoch, who takes over Dow Jones (owner of this site) today, by publishing this tough piece also today on the disaster of News Corp.’s investment in Gemstar-TV Guide International. It comes from breakingviews, an online financial commentary Web site that the news [...]

Well, That Was $2.8 Billion Well Spent …

in News on December 7, 2007 at 2:08 pm PT

Copy-protection vendor Macrovision’s decision to acquire Gemstar impressed investors about as much as one of the “Welcome Back, Kotter” reruns listed in Gemstar’s flagship magazine, TV Guide. Macrovision shares dropped 24%, to $19.66, and Gemstar lost 18%, to $4.91, on news of the $2.8 billion deal. Seems the market’s not too keen on Macrovision spending [...]