Digital static storm threatens TVGuide.com auction

nypost.com — Open Gate Capital, which famously bought TV Guide magazine for $1 four years ago, is pulling out of the auction for TV Guide's digital assets, The Post has learned. Sources say the private-equity investment firm is instead making a play for Reed Elsevier's troubled Hollywood trade, Variety, which was put on the block in March.
RT @claireatki: EXCLUSIVE: Open Gate Capital drops out of t.co/lYG9zdSz auction, may make play for Variety t.co/3M2Ee9Ra v ...