TV Guide Snapshot
TV Guide Magazine is glued to the tube. The company publishes the weekly TV-focused print publication TV Guide. Formerly an iconic pocket-sized digest, the publication was re-formatted to a standard-sized, full-color magazine in 2005. TV Guide earns money through subscriptions and advertising, and has a circulation of about 2 million readers. TV Guide Magazine is owned by private-equity firm OpenGate Capital, which purchased the company from Macrovision Solutions Corporation (later renamed Rovi Corporation) for $1 in 2008. Macrovision loaned OpenGate $9.5 million to finance the magazine. (Other TV Guide holdings, including Internet and cable TV assets, were sold to movie and TV studio Lionsgate.)
