TV Guide Business Side Bloodbath Includes Publisher

TV Guide magazine coverTV GUIDE, now owned by venture capital firm Open Gate Capital Partners, has laid off Publisher Peter Haeffner and four other senior executives in marketing, research and publishing.  They will not be replaced.

The company also plans to replace the staffers with consultants.

“I wouldn’t call it a bloodbath so much as a restructuring,” said Jack Kliger, who has been acting CEO since May.  “This is a model about how magazines should be run in the future.”

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