The Guardian
trending topics
Close Box

Our news

Yes, it’s true: We are joining GigaOM...


Earnings

Earnings: Macrovision Call: TVGuide Mag To Be Sold Without Site

  • Comments Comments (View)
  • Text Size: A A

As we first reported, Macrovision (NSDQ: MVSN) is indeed looking to sell TVGuide the magazine sans its online home, TVGuide.com. Said CFO James Budge: “We expect the online properties to continue their steady historical growth and planned for a minimum of 10 percent revenue gains for the next few years.” Macrovision plans to augment the site with data from its acquired AMG line. As for the magazine, CEO Fred Amoroso noted that magazine EBITDA ticked up in the quarter, giving the company confidence in the marketplace. Amoroso added that the company is fielding plenty of interest for its planned sales, and it plans to have the sales done by the end of the year. Other assets on the block include the TV network and the Horse Racing Channel: “We have gotten a tremendous number of inbound calls on that.”

May 7, 2008 4:32 PM ET

Posted In: Media & Publishing, Magazines, Money, Earnings, M&A & Venture Capital, Mergers & Acquisitions, macrovision, tv guide

(Page 1 of 1)


The Bestsellers

From iTunes and YouTube to Facebook and Kindle, the most popular content on the web, free and paid.

iTunes Albums iTunes Albums
1. Scars & Stories (Deluxe Version)
2. 21
3. A Different Kind of Truth
4. Kisses On the Bottom
5. Home
See The Other Bestsellers »

Jobs RSS Job Listings

Social Standing

Which media brands are getting a lift from Tweeters and bloggers right now -- and which are getting panned?

"Sentiment" Scores for All the Companies »

Sponsors

Staff