12.09.2005 20:01:00
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John Loughlin, President, TV Guide Publishing Group Resigns to Join Hearst Magazines; Executive Chairman Anthea Disney to Lead Publishing Group Until Successor Is Named
"Over the past three years, John has made important contributionsto Gemstar-TV Guide's Publishing Group, and we wish him well in hisnext endeavor," commented Rich Battista, CEO of Gemstar-TV Guide.
"Working closely with the Publishing Group's strong editorial andmanagement team, Anthea has been integral to the development of thestrategy to transform TV Guide magazine into a more vibrant, relevantproduct for today's TV viewers. With our excellent team and herinvaluable leadership during this transition, we are well positionedto execute strongly on that strategy, putting the Publishing groupback on a path to growth," added Mr. Battista.
"I appreciate having had the opportunity to be part of TV GuidePublishing Group during this critical time. With an excellentmanagement team in place to guide the business' next phase ofdevelopment, I have great confidence that TV Guide magazine will playan even more vital role in viewers' lives for years to come," said Mr.Loughlin.
About Gemstar-TV Guide
Gemstar-TV Guide International, Inc. (NASDAQ:GMST) is a leadingmedia and technology company that develops, licenses, markets anddistributes technologies, products and services targeted at thetelevision guidance and home entertainment needs of consumersworldwide. The Company's businesses include: television media andpublishing properties; interactive program guide services andproducts; and technology and intellectual property licensing.Additional information about the Company can be found atwww.gemstartvguide.com.
This news release contains forward-looking statements that involverisks and uncertainties, including risks and uncertainties related todeclines in our magazine publishing business; timely availability andmarket acceptance of products and services incorporating the Company'stechnologies and content; our investment in new and existingbusinesses, including TV Guide magazine, Inside TV, and TV Guide Spot;limitations on our ability to control certain joint venture orpartnership businesses; the impact of competitive products andpricing; ongoing and potential future litigation; and the other risksdetailed from time to time in the Company's SEC reports, including themost recent reports on Forms 10-K, 10-Q and 8-K, each as it may beamended from time to time. The Company assumes no obligation to updatethese forward-looking statements.
Note to Editors: Gemstar, TV Guide, TV Guide Channel, i-Guide andTVG Network are trademarks of Gemstar-TV Guide International, Inc.and/or its subsidiaries. The names of other companies and productsused herein are for identification purposes only and may be trademarksof their respective owners.
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