Macrovision (NSDQ: MVSN) Solutions, the successor to Macrovision and Gemstar, has reported Q2 revenue of $148.6 million, up 10.7 percent compared to $133.9 million. The numbers assume that the two had been merged last year, and it excludes certain ops marked for discontinuation, like TV Guide and the games business, which has been sold. Adjusted pro-forma EBITDA (yes, that’s three layers of adjustments but necessary to get a clean comparison out of this release) was $39.2 million, up from $33.5 million. The technology solutions business grew 21 percent to $105.9 million, while the media networks side fell to $42.6 million from $46.7 million. The company says integration of the companies is going smoothly and that they’re on track for $50 million in annual cost savings.

Besides TV Guide magazine, which it is counting as a discontinued business, it is also including eMeta, the publishing right access company it bought in 2006 for $35 million, in the discontinued line. Not sure if it is close to selling off that part, but likely.

““It is not surprising, given the widely publicized downturn in advertising markets, that our non-strategic Media Networks segment is performing below our original expectations. Additionally, we determined that our eMeta business is not core to our technology solutions strategy and have now classified it in discontinued operations,” said James Budge, CFO.

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