Macrovision’s TV Guide Network, including the TVGuide.com website, has been bought by Allen Shapiro and One Equity Partners for a reported sum of $255 million.
Shapiro, who had been on the hunt for his next investment following his sale of Dick Clark Prods. to Daniel Snyder’s Red Zone Capital in 2007 has been singing the praise of TV Guide:
“It’s a fully distributed cable channel and comes with the trophy brand name — TV Guide is known everywhere,” Shapiro said. “These are ... READ MORE
