Information about Gemstar

Gemstar-TV Guide International, Inc. is a media company that licenses interactive program guide technology to multichannel operators, such as cable and satellite television providers, and consumer electronics manufacturers, video recorder scheduling code under brands such as VCR Plus, publishes TV Guide magazine, distributes TV Guide Network, operates tvguide.com, and provides various related services. It was formed when Gemstar, (founded by Henry Yuen, Daniel Kwoh and Wilson Cho), merged with TV Guide, Inc., in July, 2000.[1] In 2002, Gemstar disclosed that $108 million in booked revenue did not exist. Yuen was fired in 2003. Its market capitalization fell from a high of $20 billion in 2000 to a low of little more than $1 billion in 2005; its stock has since recovered somewhat.

On July 9, 2007, Gemstar Chairman Anthea Disney announced that the Board of Directors has "authorized the Company and its advisors to explore strategic alternatives intended to maximize shareholder value, which may include a sale of the Company." [2] This move is seen by many analysts as an attempt on the part of News Corp's Rupert Murdoch, a 41% shareholder in Gemstar, to raise cash for its attempt to buy The Wall Street Journal parent company Dow Jones.

References

1. ^ Jane Spencer and Kara Scannell "As Fraud Case Unravels, Executive Is At Large" Wall Street Journal Online, April 25, 2007 (subscription required to view full article)
2. ^ Gemstar-TV Guide International "Gemstar-TV Guide International Announces Review of Strategic Alternatives",
VCR Plus+, G-Code, VideoPlus+ and ShowView are different names for essentially the same system for programming video recorders. These names are all registered trademarks of Gemstar-TV Guide International, who developed these algorithms for use in integrated
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TV Guide is the name of two North American weekly magazines about television programming, one in the United States and one in Canada. Although the magazines share the same name and a similar logo, they are owned by different companies and publish distinct editorial content.
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Gemstar-TV Guide International, Inc. is a media company that licenses interactive program guide technology to multichannel operators, such as cable and satellite television providers, and consumer electronics manufacturers, video recorder scheduling code under brands such as VCR
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Henry Che-Chuen Yuen (Chinese: 袁子春; born 7 April, 1948, in Shanghai, China) is a founder and former CEO of Gemstar-TV Guide International. He has a PhD in applied mathematics from Caltech.
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News Corporation

Public: (NYSE:  NWS , NYSE:  NWSa , ASX: NWS , LSE:  NCRA )
Founded Adelaide, Australia (1979)
Headquarters New York City, formerly in Adelaide, Australia

Key people Rupert Murdoch
Peter Chernin
David DeVoe
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William-Rupert Murdoch, AC, KCSG (born 11 March 1931) is an Australian American global media executive and is the controlling shareholder, chairman and managing director of News Corporation, based in New York.
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Type Daily newspaper
Format Broadsheet


Owner Dow Jones & Company
(Sale Pending to News Corp.)
Publisher L. Gordon Crovitz
Editor Marcus Brauchli
Founded July 8, 1889
Language English
Headquarters 200 Liberty Street
New York, NY 10281
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Dow Jones & Company Inc.

Public (NYSE: DJ )
Founded 15 Wall Street, New York (1882)
Founder Charles Dow, Edward Jones, Charles Bergstresser
Headquarters New York City

Key people Richard F.
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