Remember how TV Guide was sold by Macrovision to OpenGate earlier this year for one whole dollar? Well, that deal included a cause which said a) Macrovision would lend Opengate $9.5 million, b) Macrovision would retain the rights to TVGuide.com, and c) Opengate could do whatever they wanted with the mag's title…including making cuts as soon as they owned the rights.

Which is exactly what's going on.

Up to 33 people - about 3 percent of the magazine's workforce - are axed from both the Radnor, Pa., and New York offices, according to one well-placed insider.

The cuts are not expected to include Editor-in-Chief Debra Birnbaum or the President Scott Crystal, both of whom were carryovers from the previous owner Macrovision.

And while, yikes, that must be a huge blow to the ego of those who work at the TV listing magazine, who've seen their title and their jobs become increasingly more obsolete, maybe they can rally around the fact that they are still doing better than Time Inc. or Condé Nast, both companies that are laying off employees in the hundreds, but more importantly with a higher rate of 6% and 5%, respectively.

See? It is a good time to be a small(er) business.