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Gemstar-TV Guide Seeks Potential Buyers

Los Angeles Times   |  Josh Friedman   |   July 10, 2007 08:18 AM

Read More: Gemstar-TV Guide International Inc., Hollywood , Breaking Media News
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Gemstar-TV Guide International Inc., whose history of ups and downs would be fit for a financial soap opera, said Monday that it was exploring a possible sale.

Shares of the Hollywood company, which is controlled by Rupert Murdoch's News Corp., shot up in after-hours trading after the announcement.

The company is the largest supplier of television navigational tools and is the owner of TV Guide.

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