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Macrovision did not disclose the terms of the sale to private equity firm OpenGate Capital. It expects to close the deal around Dec. 1.
TV Guide had its beginnings in Radnor as part of Walter Annenberg's publishing empire, and still has operations there. Its later ownership included Rupert Murdoch's New Corp.
Macrovision bought Gemstar for its programming data. It wants to allow consumers to call up information about TV shows, view personal photos, and access music libraries on a variety of electronic devices through a combination of its security software and Gemstar programming data.
The company said it will not report a gain or a loss related to the sale of the magazine.
Macrovision was up $0.28 (2.05 percent) to $13.95 in late-morning Nasdaq trading. In the past year, the stock has ranged from $11.09 to $27.48.
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