Keyword: Gemstar-TV Guide

  • Regulators Approve Gemstar Purchase

    Antitrust regulators cleared security-software maker Macrovision Corp.'s $2.8 billion purchase of television listings company Gemstar-TV Guide International, Inc., a government agency recently announced.

  • TVG Parent Explores Options, Including Sale

    Gemstar-TV Guide, which owns TVG, the account wagering service and horse racing network and publishes TV Guide magazine, said July 9 it had hired investment bankers to explore strategic alternatives, including the sale of the company.

  • TVG Promotes COO O'Hara to President

    Ryan O'Hara, the recently appointed chief operating officer of TV Games Network, has been promoted to president, parent company Gemstar-TV Guide announced Thursday.

  • Gemstar Reports Net Loss; TVG Revenue on Rise

    Gemstar-TV Guide International reported a net loss of $6.23 billion, mainly from write-downs for goodwill, for fiscal year 2002. Meanwhile, the company's interactive platform sector, which includes the TV Games Network, posted revenue gains.

  • Gemstar CEO Resigns; to Focus on International Development

    Henry Yuen has resigned as chief executive officer of Gemstar-TV Guide International and will be replaced by Jeff Shell, the company announced Oct. 8. Gemstar-TV Guide is the parent company of the TV Games Network.

  • Gemstar Says It Received Notice of Delisting

    California-based Gemstar said it received notice from Nasdaq that it faces delisting because it hadn't filed its most recent quarterly report with the U.S. Securities and Exchange Commission, Reuters news service reported.

  • Stock Plunges for TVG's Parent Company

    Gemstar-TV Guide stock plummeted Tuesday morning on the heels of poor fourth quarter and year-end results. As of 3 p.m., the parent company of the TV Games horse racing network was down $4.21 to $17.52, a drop of 19.4%.

  • Patent Protection Concerns Shake Gemstar-TV Guide Stock

    Gemstar-TV Guide International's stock is tumbling this week because of doubts that the company can protect its interactive programming guide patents in a key court case, according to analysts. Gemstar is the parent company to the TV Games Network, a horse racing network and interactive wagering service.

  • TVG's Parent Company Reports Greater Third Quarter Losses

    The TV Games Network's parent company reported a 13.5% increase in net loss for the third quarter ending Sept. 30. The increase in losses was attributed to charges related to the merger between Gemstar and TV Guide in July 2000 and to higher operating expenses.

  • Churchill Downs Inc. president Tom Meeker.

    Churchill to Repurchase Stock, Racing Stocks Down Overall

    Churchill Downs' board of directors authorized the repurchase of up to 55,000 shares. The buy-back was authorized to help stablize the company's stock price and contribute to stablizing the market overall. Despite financial experts pleas to investors that they should not react to the terrorist attacks in New York and Washington D.C., the major stock markets sustained significant losses.

  • Gemstar-TV Guide Posts Second-Quarter Net Loss

    Gemstar-TV Guide International posted a second-quarter net loss of $134.8 million (33 cents per diluted share), primarily because of the $223.8-million amortization of intagible assets recorded as part of the acquisition of TV Guide.

  • Deal With Cable Provider Could Aid TVG Expansion

    Gemstar-TV Guide International Inc. and Adelphia Communications Corp. have signed a 20-year Interactive Program Guide agreement that could feature a major expansion of the TV Games Network. Gemstar-TV Guide is the parent company of TVG.

  • TVG Targeted for Two More States

    A deal between TV Games Network's parent company and Comcast, the nation's third leading cable operator, will put the horse racing network in two more states before September.