Macrovision Solutions Corp. is a developer of content-protection software. The company has recently sold TV Guide magazine to OpenGate Capital, a firm from Los Angeles which is based on private equity. The deal between the two companies will end in December and represents an important part of Macrovision Corp. acquiring Gemstar-TV Guide International Inc, the magazine’s publisher, for $2.8 billion.

Macrovision stated it acquired Gemstar for its interactive guides and it didn’t want to keep the magazine. Keeping out the magazine in its digital form made it complicate for a sale process that was already worse because of the U.S. economic slump and the decline of value of print in the media businesses. This caused the loss of readers and advertisers on the Web sites. Corey Ferengul, Macrovision's Executive Vice President of marketing stated that "in a climate like this, it's good news to get any deal done."

Even if the TV Guide magazine has suffered such a decline, it stabilized in the recent years. Three years ago, the magazine got a number of copies which was sure to be sold to all the readers. Now, the TV Guide has mostly turned into an entertainment magazine and got a new identity.

Scott Crystal, the president of the 3.2 million-circulation magazine, said that the advertising pages from last year’s issues got 23% increase for the magazine.