Bruce Nunnally Posted October 16, 2008 Report Share Posted October 16, 2008 NEW YORK (AdAge.com) -- How much is TV Guide magazine worth in a morphing media business and molten credit markets? Try $1. For Macrovision, the deal clears from its books a money-losing print magazine and its 3 million subscribers who need to be serviced. That's how much the private equity fund OpenGate Capital has agreed to pay Macrovision for the unprofitable magazine and all its liabilities. The cover price, by way of comparison, is $2.99. Take this magazine -- please. To sweeten the deal even further, Macrovision is loaning OpenGate up to $9.5 million to help get going -- at a very friendly 3% interest. more Bruce 2023 Cadillac CT4-V Blackwing Follow me on: Twitter Instagram Youtube Link to comment Share on other sites More sharing options...
lothos Posted October 16, 2008 Report Share Posted October 16, 2008 I totally would have paid $5 for the company, they should have asked me! WARNING: I'm a total car newbie, don't be surprised if I ask a stupid question! Just trying to learn. Cheers! 5% discount code at RockAuto.com - click here for your discount! Link to comment Share on other sites More sharing options...
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