Earnings: Macrovision Call: TVGuide Mag and Site To Be Separated
This story was written by Joseph Weisenthal.
Work in progress As we first reported, Macrovision (NSDQ: MVSN) is indeed looking to sell TVGuide the magazine sans its online home, TVGuide.com. The company expects the site to grow, and it noted that EBITDA at the magazine ticked up in the quarter, which CEO Fred Amoroso noted: " Boosts our confidence for the sell-side process." 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
By Joseph Weisenthal