Lionsgate swoops in for TV Guide units

January 05, 2009 Macrovision, a technology firm known for its digital rights management solutions, said it preferred a sale to Lionsgate because of that company's existing cash and available funds and because the new deal is void of financial performance requirements. Lionsgate, known more for its film business, has been beefing up its television presence. The assets, he said, fit well "with our strategy of combining content creation, distribution and direct access to the consumer."

Subscribe to the Hollywood Reporter and see the entertainment industry from its best angle: the inside looking out. Complete access to real-time news and exclusive analysis that goes behind the scenes from film to television, home video to digital media.

   Subscribe now.