Macrovision (NSDQ: MVSN) posted a $209.9 million ($2.06 per share) GAAP net loss in Q4versus $9.2 million in profits the year before. That loss is tied to $208.3 million in impairment charges related to the goodwill and intangible assets of TV Guide Network, TVG Network and TV Guide Online, all of which are classified as discontinued operations. Earlier this month, Macrovision’s plan to sell the TV Guide properties to Lionsgate passed anti-trust muster with the FTC. The movie studio paid Macrovision $255 million — the same price the jilted Allen Shapiro and One Equity Partners had agreed to pay — plus a $45 million earnout payable for the next three years.
On an adjusted pro forma basis, EBITDA was $52.7 million, more than double Q407’s $20.9 million. The Santa Clara,CA.-based licensing and distribution company had solid revenue growth as well. Macrovision’s revs grew to $118.2 million, from Q407’s $41.9 million.