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 Octoberâfor the rather astonishing price of $1âhas named former TV Guide president and publisher Scott Crystal CEO.
In addition to overseeing the magazineâs print operations, Crystal will manage the launch of TVGuideMagazine.com, a site thatâs 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 magazineâs online component, TVGuide.comâwhich features TV listings, news and video âwas not a part of the deal.
Before TV Guide, Crystal served as president and CEO of Gruner + Jahr U.S.âs business innovator group, which included Inc. and Fast Company magazines.
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