Former Publisher Named TV Guide CEO
Scott Crystal to oversee print, new online operations.
OpenGate Capital, the Beverly Hills, California-based private equity firm that purchased the print edition of TV Guide in Octoberâ€”for the rather astonishing price of $1â€”has named former TV Guide president and publisher Scott Crystal CEO.
In addition to overseeing the magazineâ€™s print operations, Crystal will manage the launch of TVGuideMagazine.com, a site thatâ€™s slated to feature blogs, user commentary and behind-the-scenes material from cover shoots. The site is expected to go live early next year.
In October, OpenGate acquired TV Guide from MacrovisionÂ for $1 (Macrovision also was to loan OpenGate up to $9.5 million at 3 percent interest). The magazineâ€™s online component, TVGuide.comâ€”which features TV listings, news and video â€“was not a part of the deal.
Before TV Guide, Crystal served as president and CEO of Gruner + Jahr U.S.â€™s business innovator group, which included Inc. and Fast Company magazines.