TV Guide Magazine At Last Knows Who It Will Fight for Brand Recognition
 

After handing TVGuide the magazine over to private equity firm OpenGate for $1 (plus $100 million in assumed subscriber liabilities), the brand's latest owner Macrovision at least unloaded the TV Guide television network and TVGuide.com website to new hands, reports Bloomberg. The happy parents? Movie production house Lions Gate Entertainment (you know them for their Saw flicks). The selling price: $255 million, which is all the more interesting because Macrovision initially planned to sell its last two properties to former Dick Clark Productions owner Allen Shapiro. But didn't.

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