TV Guide
TV Guide is a bi-weekly American magazine that provides television program listings information as well as television-related news, celebrity interviews and gossip, film reviews, crossword puzzles, and, in some issues, horoscopes. The print magazine is owned by NTVB Media, while its digital properties are controlled by the CBS Interactive division of CBS Corporation; the "TV Guide" name and associated editorial content from the publication are licensed by CBS Interactive for use on the website and mobile app through an agreement with the magazine's parent subsidiary TVGM Holdings, Inc.
Andrew Nikou
In 2008, Nikou negotiated the deal for OpenGate Capital to acquire TV Guide for $1 and $50 million in assumed liabilities from owner Rovi Corporation (previously Macrovision). Later that year, Nikou led OpenGate Capital's bid for McGraw-Hill Companies BusinessWeek magazine, then withdrew from the bidding. Also in 2009, OpenGate purchased children's publishers Fleurus Presse and Junior Hebdo from Groupe Le Monde. In 2010, Nikou was behind the OpenGate bid for Newsweek, owned by the Washington Post Company, but the firm did not acquire the publication. Nikou has provided his expertise on buying into the media business to various trade publications.