TV Guide to Provide TV Listings Grid, Editorial Content and Broadband Video Content to Glam
September 19, 2007 (Los Angeles, CA and New York, NY) -TV Guide Online and Mode Media (corp.mode.com), number one in reach for women online, today announced a syndication agreement The agreement gives Mode Media the right to use Gemstar-TV Guide’s patented interactive program listings grid on its flagship site, Glam.com and within the Glam Publisher Network of 370+ popular lifestyle sites, which have a combined reach of more than 20 million unique users in the United States. TV Guide Online is a division of Gemstar-TV Guide International, Inc. (NASDAQ: GMST).
As part of this agreement, TV Guide will be a featured content partner for the TV section of Glam’s new entertainment channel to be launched later this year on www.glam.com. TV Guide Broadband will also provide Glam with short-form entertainment video programming ranging from Red Carpet celebrity interviews to TV Guide picks for the hottest shows on television. TV Guide content including Hot List and TV Guide interviews and features will be featured alongside Glam.com celebrity and entertainment editorial and also made available to the Glam Publisher Network. Specific terms of the agreement were not disclosed.
“We continue to believe that online syndication deals, such as this important one with Mode Media, will broaden brand awareness of TV Guide and drive incremental revenue. Mode Media has great momentum right now, and we’re delighted that their more than 20 million unique users will be exposed to TV Guide content,” said Richard Cusick, Gemstar-TV Guide’s senior vice president, Digital Media. “We look forward to a long and productive relationship with Glam.”
“Bringing entertainment content from a premier media brand like TV Guide to Mode Media furthers our goal of providing relevant and rich lifestyle content on the Web,” said Samir Arora, chairman and CEO of Mode Media. “This partnership provides greater visibility and access to both Glam and TV Guide’s audiences, providing both companies with new outlets for growth and opportunity”.
The agreement with Mode Media represents the latest syndication deal announced by TV Guide Online. The company has also recently announced syndication agreements for its various products and services with Clear Channel Communications, the New York Post, Infospace, Mediacom Communications, Insight Communications, Fox Interactive, IGN Entertainment and the Fox Television Station Group, among others.
About Mode Media
Mode Media is a distributed media company ranked number one in reach for women with over 20 million unique visitors in the U.S., as measured by comScore Media Metrix. Mode Media brings together owned and operated websites including it flagship website, Glam.com; the Glam Publisher Network of more than 370+ popular lifestyle websites, blogs, and magazines; and syndicated content from leading media companies. These sites are integrated into an advertising and content platform providing reach and relevancy to premium advertisers. Mode Media is backed by blue-chip venture-capital firms leading the new media wave, including: Accel Partners (Facebook, BrightCove); DAG Ventures (Friendster, Plaxo); Draper Fisher Jurvetson (Skype: eBay, Technorati); Walden Venture Capital and Information Capital (Tickle/eMode: Monster, NetObjects).
About Gemstar-TV Guide
Gemstar-TV Guide International, Inc. (the “Company”) (NASDAQ: GMST) is a leading global media, entertainment, and technology company that develops, licenses, markets and distributes products and services that maximize the video guidance and entertainment experience for consumers. The Company’s businesses include: television, publishing, and new media properties; interactive program guide services and products; and intellectual property licensing. Additional information about the Company can be found at www.gemstartvguide.com.
This news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Any such forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties that may cause actual performance or results to differ materially from those in the forward-looking statements, including risks and uncertainties related to the timely availability and market acceptance of products and services incorporating the Company’s technologies and content; our investments in new and existing businesses; the impact of competitive products and services; and the other risks detailed from time to time in the Company’s SEC reports, including the most recent reports on Forms 10-K, 10-Q and 8-K, each as it may be amended from time to time. The Company assumes no obligation to update these forward-looking statements.
Note to Editors: Gemstar, TV Guide, TV Guide Online and TV Guide Broadband are trademarks or registered trademarks of Gemstar-TV Guide International, Inc. and/or its subsidiaries. The names of other companies, products and services used herein are for identification purposes only and may be trademarks of their respective owners.