Advertisement
YOU ARE HERE: LAT HomeCollectionsUnited Video Satellite Group Inc
IN THE NEWS

United Video Satellite Group Inc

FEATURED ARTICLES
BUSINESS
February 2, 1999
* Gemstar International Group Ltd., marketer of the VCR Plus videotape recording technology, named President and Chief Executive Henry Yuen chairman, succeeding Thomas Lau, who remains on the board. Yuen's appointment gives him increased power at the Pasadena-based company, which angered some shareholders when it turned down a $2.8-billion, or $45-a-share, purchase offer by United Video Satellite Group Inc. last year.
ARTICLES BY DATE
BUSINESS
February 2, 1999
* Gemstar International Group Ltd., marketer of the VCR Plus videotape recording technology, named President and Chief Executive Henry Yuen chairman, succeeding Thomas Lau, who remains on the board. Yuen's appointment gives him increased power at the Pasadena-based company, which angered some shareholders when it turned down a $2.8-billion, or $45-a-share, purchase offer by United Video Satellite Group Inc. last year.
Advertisement
BUSINESS
July 23, 1998 | Bloomberg News
United Video Satellite Group Inc. dropped its $2-billion cash bid for Gemstar International Group Ltd., and said it will develop its own interactive program guide for digital cable television. Pasadena-based Gemstar last week rejected the $45-a-share offer as too low and said it wanted to remain an independent developer of TV programming services. Tulsa, Okla.-based United Video, which is controlled by affiliates of Tele-Communications Inc.
BUSINESS
March 28, 1998 | Bloomberg News
Pasadena-based Gemstar International Group shares fell $5.81, or 16%, to close at $30.44 on Nasdaq, after it said its joint venture agreement with United Video Satellite Group Inc. lapsed because United Video couldn't satisfy some conditions of the agreement. Gemstar, which provides interactive program guide services that enable users to view a TV guide on screen, is continuing to hold talks with United Video about its plan to offer interactive program guides for cable-TV systems.
BUSINESS
January 1, 1999 | From Bloomberg News
TV Guide Chief Executive David Steward, 41, resigned as News Corp. prepared to complete the sale of the television-listings magazine to United Video Satellite Group Inc. this month. News Corp. said Steward's departure was a mutual decision and the parting was amicable. TV Guide will have a new executive structure once the acquisition is complete, although no decisions have been made, said TV Guide spokeswoman Rachel Breinin. "[Steward] likes to build brands," Breinin said.
BUSINESS
June 12, 1998 | SALLIE HOFMEISTER, TIMES STAFF WRITER
In an attempt to make TV Guide a powerhouse in the coming age of interactive television, News Corp. is merging its weekly magazine with the dominant over-the-air listing service, the Prevue Channel, in a deal valued at $2 billion. Under the transaction, News Corp. will get $800 million in cash and $1.2 billion in stock of United Video Satellite Group Inc., the owner of Prevue that is controlled by John Malone's Tele-Communications Inc., the nation's largest cable company. News Corp.
NEWS
January 13, 1999 | PAUL D. COLFORD, NEWSDAY
The future has arrived at TV Guide, one of America's favorite magazines. Its voluminous program listings will appear on one or more cable channels. The magazine will expand its service on the World Wide Web. It will continue to test a large-format edition in more cities around the country. It also will provide just what America needs--another awards show, "The TV Guide Awards," scheduled to air Feb. 1 on the Fox network.
Los Angeles Times Articles
|