• DM News, Wednesday, December 7, 2005 10:45 AM

Gemstar-TV Guide, which has experienced mostly misfortune with its publishing division in recent years (it shut down Inside TV just seven months after its high-profile launch, and TV Guide itself is struggling to find a steady audience with its new format) has sold one of its less flashy titles. SkyMall, the familiar in-flight catalog, has been purchased by a group of investors; one of them, ZelnickMedia Corp., owns the Lillian Vernon catalog. SkyMall Inc. sold for $52 million. The price includes the print catalog, the Web site, and the loyalty marketing business.

Read the whole story at DM News »