Gemstar-TV Guide Announces Second Quarter Results

Operating income for the second quarter of 2006 was $15.2 million,which included depreciation and amortization charges of $8.6 million,compared with operating income of $2.7 million for the quarter endedJune 30, 2005, which included depreciation and amortization charges of$7.0 million. The Company's operating income for the second quarter of2006 was positively impacted by the reversal of $8.9 million inaccrued expenses due to the settlement agreement with Ms. Elsie Leung,a former CFO of the Company.

The Company reported income from continuing operations of $14.6million, or $0.03 per share, for the second quarter of 2006, comparedwith a loss from continuing operations of $(7.3) million, or $(0.02)per share, for the second quarter of 2005. Net income for the secondquarter of 2006 was $14.6 million, or $0.03 per share, compared with anet loss of $(5.1) million, or $(0.01) per share, in the secondquarter of 2005.

Rich Battista, CEO of Gemstar-TV Guide, said, "Gemstar-TV Guidehad solid second quarter results, as we continued to execute on ourcorporate strategy and made progress toward our goal of becoming theleading provider of television and entertainment guidance acrossmultiple platforms. We remain committed to working to meet the needsof consumers who are seeking entertainment, information, and videoguidance anywhere and everywhere. This past quarter our team focusedon key product development initiatives, building new customerrelationships, and the further development of our infrastructure,which is integral to our cross-platform strategy."

First Half Consolidated Performance

For the six months ended June 30, 2006, total revenues were $277.3million, a decline of $45.0 million, compared with revenues of $322.3million for the six months ended June 30, 2005. Excluding the TV Guidemagazine, revenues increased 11% versus the six months ended June 30,2005.

Operating income for the six months ended June 30, 2006 was $22.9million, which included depreciation and amortization charges of $16.6million, compared with operating income of $5.7 million for the sixmonths ended June 30, 2005, which included depreciation andamortization charges of $14.0 million. The Company's operating incomefor the six months ended June 30, 2006 was positively impacted by thesettlement agreement with Ms. Leung mentioned above.

For the six months ended June 30, 2006, the Company reportedincome from continuing operations of $23.2 million, or $0.05 pershare, compared with a loss from continuing operations of $(11.7)million, or $(0.03) per share, for the six months ended June 30, 2005.Net income for the six months ended June 30, 2006 was $23.2 million,or $0.05 per share, compared with a net loss of $(8.9) million, or$(0.02) per share, for the six months ended June 30, 2005.

Second Quarter Highlights
Cable and Satellite Segment

-- TV Guide Interactive revenues increased 23% versus Q2 2005, driven
by growth in licensed digital cable and satellite households.

-- TV Guide Channel distribution increased to 78.5 million
households, original programming hours doubled, and total day
length of tune increased by 5% versus Q2 2005.

-- TV Guide Mobile Interactive Program Guides (IPG's) and content
added domestic and international carriers.

-- The Company's U.S. business, known as TV Guide Mobile
Entertainment, signed mobile IPG distribution agreements with
Cingular, Sprint and Mobile ESPN. Video programming
distribution agreements were signed with Cingular and Amp'd.

-- The Company's Japanese business, known as Mobile G-Guide,
signed an agreement with Japan's Softbank Mobile (Vodafone)
adding to existing Japanese licensees DoCoMo and KDDI. As of
Q2 2006, more than 7 million cell phones have G-Guide Mobile
registered.

Publishing Segment

-- TV Guide magazine continued rollout of new full-size, contemporary
format.

-- Total weekly average circulation was 3.4 million copies in Q2
2006, compared to guaranteed rate base of 3.2 million.

-- TV Guide Online (www.tvguide.com) revenue, and page views
increased; acquisition made.

-- Revenues increased 51% and page views increased 22%, compared
to Q2 2005, totaling 242 million page views.

-- Ranked #1 versus the most heavily trafficked TV information
web sites in page views per unique user and average time spent
per unique user.

-- Acquired www.jumptheshark.com, a popular niche online
community for passionate TV viewers.

Consumer Electronics (CE) Licensing Segment

-- CE IPG revenues were up 34%, worldwide, driven by IPG technology
incorporations in CE products sold in all regions.

Second Quarter 2006 Segment Performance

The schedule below reflects Gemstar-TV Guide's performance for thequarter and six months ended June 30, 2006 and 2005, by segment.Segment information is presented and reconciled to consolidated incomefrom continuing operations before income taxes as follows.
GEMSTAR-TV GUIDE INTERNATIONAL, INC.
CONSOLIDATED CONTINUING SEGMENT PERFORMANCE(1)
(In thousands)


Three Months Six Months
Ended Ended
June 30, June 30,
----------------- -------------------
2006 2005 2006 2005
-------- -------- --------- ---------
Cable and Satellite Segment:
Revenues $74,484 $69,467 $146,296 $134,280
Operating expenses(2) 40,465 36,992 85,643 81,505
-------- -------- --------- ---------
Adjusted EBITDA(3) 34,019 32,475 60,653 52,775
-------- -------- --------- ---------
Publishing Segment:
Revenues 36,795 66,035 75,164 137,040
Operating Expenses(2) 47,202 84,521 99,220 163,979
-------- -------- --------- ---------
Adjusted EBITDA(3) (10,407) (18,486) (24,056) (26,939)
-------- -------- --------- ---------
CE Licensing Segment:
Revenues 22,010 22,778 55,861 51,028
Operating Expenses(2) 12,854 12,743 25,803 27,462
-------- -------- --------- ---------
Adjusted EBITDA(3) 9,156 10,035 30,058 23,566
-------- -------- --------- ---------
Corporate Segment:
Operating Expenses(2) 8,476 14,206 26,352 29,635
-------- -------- --------- ---------
Adjusted EBITDA(3) (8,476) (14,206) (26,352) (29,635)
-------- -------- --------- ---------
Consolidated:
Revenues 133,289 158,280 277,321 322,348
Operating Expenses(2) 108,997 148,462 237,018 302,581
-------- -------- --------- ---------
Adjusted EBITDA(3) 24,292 9,818 40,303 19,767
Stock compensation (524) (30) (836) (55)
Depreciation and amortization (8,606) (7,045) (16,567) (13,969)
-------- -------- --------- ---------
Operating income 15,162 2,743 22,900 5,743
Interest income, net 6,609 3,602 11,778 6,816
Other income (expense), net 133 (231) 251 30
-------- -------- --------- ---------
Income from continuing
operations before income
taxes $21,904 $6,114 $34,929 $12,589
======== ======== ========= =========

(1) Segment information is presented and reconciled to consolidated
income from continuing operations before income taxes in
accordance with SFAS No. 131. In 2005, the Company sold its
SkyMall business and accordingly, the operations have been
reclassified from the Publishing Segment to Discontinued
Operations. Additionally, certain financial statement items for
the prior period have been reclassified to conform to the 2006
presentation.

(2) Operating expenses means operating expenses, excluding stock
compensation, depreciation and amortization and impairment of
intangible assets.

(3) Adjusted EBITDA is defined as operating income (loss), excluding
stock compensation, depreciation and amortization and impairment
of intangible assets. The Company believes adjusted EBITDA to be
relevant and useful information as adjusted EBITDA is the primary
measure used by our chief operating decision maker to evaluate the
performance of, and make decisions about, resource allocation to
the industry segments.

(4) Intersegment revenues and expenses have been eliminated from
segment financial information as transactions between reportable
segments are excluded from the measure of segment profit and loss
reviewed by the chief operating decision maker.

Segment Financials

Cable and Satellite Segment

-- For the quarter ended June 30, 2006, revenues for the Cable and Satellite Segment were $74.5 million, an increase of 7% versus the prior year's quarter. This was primarily due to a 23% increase in revenues at TV Guide Interactive, offset by a 2% decrease at TV Guide Channel.

-- Adjusted EBITDA for the Cable and Satellite Segment increased 5% to $34.0 million versus the prior year's quarter. The increase was due to the increase in revenues noted above, offset primarily by a $3.8 million increase in TV Guide Channel programming and marketing expenses, and $0.9 million in operating expenses for TV Guide Mobile, a new business unit created in late 2005.

Publishing Segment

-- For the quarter ended June 30, 2006, revenues for the Publishing Segment were $36.8 million, a decrease of 44% versus the prior year's quarter. As planned, the reformatted full size, full color TV Guide magazine reduced its circulation, thus decreasing circulation revenue by $15.7 million. Advertising revenue for the new magazine decreased $15.0 million relative to the digest format magazine produced in the prior year's quarter. Revenue for TV Guide online increased 51%, to $2.3 million, versus the prior year's quarter.

-- Adjusted EBITDA loss for the Publishing Segment improved 44% to $(10.4) million, from a loss of $(18.5) million in the second quarter of the prior year. The decrease was primarily due to a $21.2 million reduction in TV Guide magazine production costs, primarily from reduced numbers of printed copies, and an operating cost decrease of $4.9 million associated with the new reformatted TV Guide magazine. The decrease was also due to the absence of $12.4 million in expense incurred in 2005 related to the discontinued Inside TV magazine.

CE Licensing Segment

-- For the quarter ended June 30, 2006, revenues for the CE Licensing Segment were $22.0 million, a 3.4% decrease versus the prior year's quarter. In the quarter, an increase in CE IPG revenue from incorporations of our technology was offset by decreases primarily in VCR Plus+. This decrease was largely attributable to the absence of VCR Plus+ revenues from three CE manufacturers whose VCR Plus+ license agreements have expired, and with whom we are currently negotiating new VCR Plus+ agreements. We anticipate entering into new agreements with these manufacturers before the end of the year and anticipate that the units shipped, but not yet reported to us, will be included by these new agreements.

-- Adjusted EBITDA for the CE Licensing Segment decreased 9%, to $9.2 million versus the prior year's quarter. This was primarily due to the revenue reduction noted above.

Corporate Segment

-- Adjusted EBITDA loss for the Corporate Segment improved 40%, to $(8.5) million, from a loss of $(14.2) million in the second quarter of the prior year. The decrease was primarily due to the reversal of $8.9 million in accrued expenses due to the settlement agreement with Ms. Leung, mentioned above, offset by an increase in consulting and compensation costs related to our product development and technology groups and our strategic initiatives, including implementing Oracle as our centralized financial system.

Discussion of Cash and Liquidity

At June 30, 2006, our cash, cash equivalents and marketablesecurities were $523.0 million, excluding restricted cash of $31.4million.

Net cash flows provided by operating activities were $60.2 millionfor the six months ended June 30, 2006, compared to cash used of $48.7million for the same period last year. The increase was primarily dueto the receipt of $52.4 million in income tax refunds, the release of$8.4 million in restricted cash due to the settlement agreement withMs. Leung mentioned above, and the Company making $33.1 million inincome tax payments in the first half of 2005.

TV Guide magazine incurred approximately $24 million in operatinglosses for the six months ended June 30, 2006. Included in theselosses are initial placement order fees (approximately $2.8 million),and the costs of consumer marketing and promotion programs. Weanticipate that we will incur operating losses in conjunction with TVGuide magazine operations of approximately $26 million for theremainder of 2006.

Net cash flows used in investing activities were $32.9 million forthe six months ended June 30, 2006, compared to $5.3 million used inthe same period last year. The increase is primarily due to $21.1million in net marketable securities purchases. For the six monthsended June 30, 2006, the Company purchased $8.9 million of propertyand equipment. For the remainder of 2006, we plan to make capitalexpenditures of approximately $25 million to $30 million.

We intend to continue to pursue various strategic initiatives tobetter position ourselves as the leading consumer brand for videoguidance across multiple platforms. This spending primarily relates toenhancing our data infrastructure, building a digital contentinfrastructure, increasing production infrastructure for TV GuideChannel and upgrading our systems and information technologyinfrastructure, including implementing Oracle as our centralizedfinancial system. In addition to the capital expenditures noted above,we also anticipate operating expenses associated with theseinitiatives, and for additional research and development activities.For the six months ended June 30, 2006, we incurred approximately $5.0million of these operating expenses and expect to incur an additional$10 million to $15 million for the remainder of 2006. As with ourbusiness development and product development and technology groups'costs, to the extent that these costs support company-wide initiativesor to the extent that they represent preliminary spending related toinitiatives that have not been assigned to business segments, thesecosts will likely be included in operating expenses in our CorporateSegment.

We receive nonrefundable prepaid license fees from certainlicensees. Prepaid subscriptions and license fees are included indeferred revenue on the condensed consolidated balance sheets. As ofJune 30, 2006, current and long-term deferred revenue totaled $530.4million. Our liability for prepaid magazine subscriptions is limitedto the unearned payments in the event customers cancel theirsubscriptions. Our liability for other payments is limited to a refundof unearned payments in the event that we are unable to provideservice. No material refunds have been paid to date. For the sixmonths ended June 30, 2006, we reduced our balance sheet deferredrevenue by $35.2 million. We anticipate further reducing our balancesheet deferred revenues by approximately $35 million during theremainder of 2006, primarily from the recognition of deferred revenue.

Conference Call

Gemstar-TV Guide will host a conference call with the financialcommunity today, Tuesday, August 8, 2006 at 2:00 p.m. PDT (5:00 p.m.EDT). Rich Battista, chief executive officer, and Bedi A. Singh, chieffinancial officer, will present management's review of the secondquarter's results, followed by a question and answer period.

The conference call will also be broadcast live via bothteleconference and Internet web cast. Investors and analysts mayconnect to the call by dialing (800) 299-7635 (domestic) or (617)786-2901 (international). The conference ID number is "52788640." Tolisten via web cast, link to the Company's Website,http://ir.gemstartvguide.com.

Investors unable to listen to the call live may access an audioreplay, which will be hosted for one week following the conclusion ofthe call. To access the replay, call (888) 286-8010 (domestic) or(617) 801-6888 (international). The conference ID number is"50556730."An audio archive will also be hosted on the Company's investorrelations Website at http://ir.gemstartvguide.com. Replays will beavailable approximately two hours following the conclusion of thecall.

About Gemstar-TV Guide International, Inc.

Gemstar-TV Guide International, Inc. (the "Company") (NASDAQ:GMST)is a leading media, entertainment and technology company thatdevelops, licenses, markets and distributes technologies, products andservices targeted at the television guidance and entertainment needsof consumers worldwide. The Company's businesses include: televisionmedia and publishing properties; interactive program guide servicesand products; and technology and intellectual property licensing.Additional information about the Company can be found atwww.gemstartvguide.com.

This news release may contain forward-looking statements withinthe meaning of the Private Securities Litigation Reform Act of 1995,as amended. Any such forward-looking statements are not guarantees offuture performance or results and involve risks and uncertainties thatmay cause actual performance or results to differ materially fromthose in the forward-looking statements, including risks anduncertainties related to the transformation of our TV Guide magazinepublishing business; timely availability and market acceptance ofproducts and services incorporating the Company's technologies andcontent; our investment in new and existing businesses, including TVGuide magazine, TV Guide Spot and TV Guide Mobile; the impact ofcompetitive products, services and pricing; ongoing and potentialfuture litigation; and the other risks detailed from time to time inthe Company's SEC reports, including the most recent reports on Forms10-K, 10-Q and 8-K, each as it may be amended from time to time. TheCompany assumes no obligation to update these forward-lookingstatements.

Note to Editors: Gemstar, TV Guide, TV Guide Spot, TV GuideChannel, TV Guide Online, TV Guide Mobile and Jump the Shark aretrademarks or registered trademarks of Gemstar-TV Guide International,Inc. and/or its subsidiaries. The names of other companies, productsand services used herein are for identification purposes only and maybe trademarks of their respective owners.
GEMSTAR-TV GUIDE INTERNATIONAL, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands, except per share data)

June 30, December 31,
2006 2005
-------------------------
(Unaudited)
ASSETS
Current assets:
Cash and cash equivalents $ 492,341 $ 465,131
Restricted cash 31,447 39,484
Marketable securities 30,674 9,253
Receivables, net 69,248 77,230
Deferred tax assets, net 27,308 21,305
Current income taxes receivable -- 50,204
Other current assets 24,313 29,348
------------ ------------
Total current assets 675,331 691,9555
Property and equipment, net 51,696 51,127
Indefinite-lived intangible assets 61,800 61,800
Finite-lived intangible assets, net 99,954 107,638
Goodwill 259,524 259,524
Income taxes receivable 55,630 55,629
Deferred tax assets, long-term 273 10,143
Other assets 19,189 21,866
------------ ------------
$ 1,223,397 $ 1,259,682
============ ============
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable $ 19,688 $ 29,111
Accrued liabilities 147,623 166,285
Income taxes payable 7,625 3,259
Current portion of capital lease
obligations 581 558
Current portion of deferred revenue 135,085 139,913
------------ ------------
Total current liabilities 310,602 339,126
Long-term capital lease obligations, less
current portion 12,419 12,715
Deferred revenue, less current portion 395,279 425,286
Other liabilities 107,243 109,349
Commitments and contingencies
Stockholders' equity:
Preferred stock, par value $0.01 per
share -- --
Common stock, par value $0.01 per share 4,337 4,337
Additional paid-in capital 8,466,369 8,465,785
Accumulated deficit (7,999,684 ) (8,022,885 )
Accumulated other comprehensive income,
net of tax 968 477
Treasury stock, at cost (74,136 ) (74,508 )
------------ ------------
Total stockholders' equity 397,854 373,206
------------ ------------
$ 1,223,397 $ 1,259,682
============ ============

See Notes to Condensed Consolidated Financial Statements as filed
in the Company's Form 10-Q.




GEMSTAR-TV GUIDE INTERNATIONAL, INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS--UNAUDITED
(In thousands, except per share data)

Three Months Ended Six Months Ended
June 30, June 30,
------------------- -------------------
2006 2005 2006 2005
--------- --------- --------- ---------

Revenues:
Cable and satellite $ 74,484 $ 69,467 $146,296 $134,280
Publishing 36,795 66,035 75,164 137,040
Consumer electronics
licensing 22,010 22,778 55,861 51,028
--------- --------- --------- ---------
133,289 158,280 277,321 322,348
--------- --------- --------- ---------
Operating expenses:
Cable and satellite 40,639 36,992 85,922 81,505
Publishing 47,298 84,521 99,376 163,979
Consumer electronics
licensing 12,914 12,743 25,896 27,462
Corporate 8,670 14,236 26,660 29,690
--------- --------- --------- ---------
Operating expenses,
exclusive of depreciation
and amortization 109,521 148,492 237,854 302,636
Depreciation and
amortization 8,606 7,045 16,567 13,969
--------- --------- --------- ---------
118,127 155,537 254,421 316,605
--------- --------- --------- ---------
Operating income 15,162 2,743 22,900 5,743
Interest income, net 6,609 3,602 11,778 6,816
Other income (expense), net 133 (231 ) 251 30
--------- --------- --------- ---------
Income from continuing
operations before income
taxes 21,904 6,114 34,929 12,589
Income tax expense 7,269 13,384 11,728 24,266
--------- --------- --------- ---------
Income (loss) from continuing
operations 14,635 (7,270 ) 23,201 (11,677 )
--------- --------- --------- ---------
Discontinued operations:
Income from discontinued
operations -- 2,652 -- 3,071
Income tax expense -- 489 -- 250
--------- --------- --------- ---------
Income from discontinued
operations -- 2,163 -- 2,821
--------- --------- --------- ---------
Net income (loss) $ 14,635 $ (5,107 )$ 23,201 $ (8,856 )
========= ========= ========= =========

Basic and diluted per share:
Income (loss) from
continuing operations $ 0.03 $ (0.02 )$ 0.05 $ (0.03 )
Income from discontinued
operations - 0.01 - 0.01
--------- --------- --------- ---------
Net income (loss) $ 0.03 $ (0.01 )$ 0.05 $ (0.02)
========= ========= ========= =========

Weighted average shares
outstanding:
Basic 426,187 424,919 426,180 424,603
Diluted 426,256 424,919 426,234 424,603

See Notes to Condensed Consolidated Financial Statements as filed
in the Company's Form 10-Q.




GEMSTAR-TV GUIDE INTERNATIONAL, INC.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS--UNAUDITED
(In thousands)

Six Months Ended
June 30,
---------------------
2006 2005
--------- ---------

Cash flows from operating activities:
Net income (loss) $ 23,201 $ (8,856 )
Adjustments to reconcile net income (loss)
to net cash provided by (used in) operating
activities:
Depreciation and amortization 16,567 14,585
Deferred income taxes 3,867 (57,841 )
Other 2,674 1,726
Changes in operating assets and liabilities:
Restricted Cash 8,037 (289)
Receivables 8,341 7,172
Income taxes receivable 50,203 4,692
Other assets 8,200 8,656
Accounts payable, accrued liabilities
and other liabilities (30,123 ) (32,314 )
Income taxes payable 4,366 46,078
Deferred revenue (35,179 ) (32,294 )
--------- ---------
Net cash provided by (used in)
operating activities 60,154 (48,685 )
--------- ---------
Cash flows from investing activities:
Investments (2,888 ) -
Purchases of marketable securities (33,792 ) (12,961 )
Maturities and sales of marketable
securities 12,729 14,185
Proceeds from sale of assets 8 134
Additions to property and equipment (8,947 ) (6,704 )
--------- ---------
Net cash used in investing
activities (32,890 ) (5,346 )
--------- ---------
Cash flows from financing activities:
Repayment of capital lease obligations (273 ) (252 )
Proceeds from exercise of stock options 122 4,304
--------- ---------
Net cash (used in) provided by
financing activities (151 ) 4,052
--------- ---------
Effect of exchange rate changes on cash and cash
equivalents 97 (300 )
--------- ---------
Net increase (decrease) in cash
and cash equivalents 27,210 (50,279 )
Cash and cash equivalents at beginning of period 465,131 558,529
--------- ---------
Cash and cash equivalents at end of period $492,341 $508,250
========= =========

See Notes to Condensed Consolidated Financial Statements as filed
in the Company's Form 10-Q.




Revenues by Segment and Business Unit (in thousands):

Cable and Satellite Segment:
Three months ended
June 30, Change
--------------------
2006 2005 Dollars Percent
--------- ---------- ------- -------

Cable and Satellite Segment:
TV Guide Channel $31,230 $31,729 $(499) (1.6)%
TV Guide Interactive 28,492 23,180 5,312 22.9%
TVG Network 14,673 14,544 129 0.9%
Other 89 14 75 535.7%
--------- ---------- -------
Total $74,484 $69,467 $5,017 7.2%
========= ========== =======


Six months ended
June 30, Change
-------------------
2006 2005 Dollars Percent
--------- --------- ------- -------

Cable and Satellite Segment:
TV Guide Channel $66,627 $64,533 $2,094 3.2%
TV Guide Interactive 54,450 46,758 7,692 16.4%
TVG Network 25,099 22,953 2,146 9.3%
Other 120 36 84 233.3%
--------- --------- --------
Total $146,296 $134,280 $12,016 8.9%
========= ========= ========




Publishing Segment:
Three months ended
June 30, Change
-----------------
2006 2005 Dollars Percent
-------- -------- --------- -------

Publishing Segment
TV Guide magazine $34,332 $65,974 $(31,642) (48.0)%
TV Guide Online 2,281 1,509 772 51.2%
Other 182 (1,448) 1,630 --%
-------- -------- ---------
Total $36,795 $66,035 $(29,240) (44.3)%
======== ======== =========


Six months ended
June 30, Change
---------------
2006 2005 Dollars Percent
-------- -------- --------- -------

Publishing Segment
TV Guide magazine $69,812 $134,955 $(65,143) (48.3)%
TV Guide Online 5,012 3,441 1,571 45.7 %
Other 340 (1,356) 1,696 --%
-------- -------- ---------
Total $75,164 $137,040 $(61,876) (45.2)%
======== ======== =========

(1) TV Guide magazine revenues are reported net of rack costs, retail
display allowances, distribution fees and initial placement order
("IPO") fees. IPO fees are initial fees paid to retailers for
front end display pocket space at check out counters. For the
three months and six months ended June 30, 2006 initial placement
order fees associated with acquiring new rack space for the
full-sized TV Guide were $0.5 million and $2.8 million,
respectively.




CE Licensing Segment:
Three months ended
June 30, Change
-----------------
2006 2005 Dollars Percent
-------- -------- ------- -------

CE Licensing Segment:
CE IPG $14,353 $10,683 $3,670 34.4%
VCR Plus + 6,171 9,267 (3,096) (33.4)%
Other 1,486 2,828 (1,342) (47.5)%
-------- -------- -------
Total $22,010 $22,778 $(768) (3.4)%
======== ======== =======


Six months ended
June 30, Change
-----------------
2006 2005 Dollars Percent
-------- -------- ------- -------

CE Licensing Segment:
CE IPG $31,208 $22,127 $9,081 41.0%
VCR Plus + 21,911 23,379 (1,468) (6.3)%
Other 2,742 5,522 (2,780) (50.3)%
-------- -------- -------
Total $55,861 $51,028 $4,833 9.5%
======== ======== =======