Macrovision Announces News Corporation Sold Its Macrovision Stock

Jun 10, 2008

Macrovision Solutions Corporation learned that News Corporation has sold all of its 19,031,484 shares of Macrovision Solutions common stock, which represented approximately 19% of the outstanding common stock of Macrovision, through a broker-dealer to several existing and new institutional investors. Macrovision purchased Gemstar-TV Guide International Inc. for $2.3 billion last month. The stock is down almost 42 percent since the deal was first announced last December.