BusinessWeek employees, read this carefully. Could be your potential future owner. TV Guide magazine, now owned by PE Firm OpenGate Capital (one of the four shortlist bidders for BW), laid off Pete Haeffner, TV Guide publisher since October 2005, along with four other colleagues, reports Minonline. Others leaving are publisher/sales Gary Kleinman and associate publisher/marketing Mindy Nathanson. This is part of a cost-cutting move, the story says. This follows appointment of former Hachette CEO and magazine industry vet Jack Kliger as the interim CEO and senior adviser to the company back in July, in an attempt to save the magazine from continued irrelevance.Former CEO Scott Crystal left in a huff in May, accusing the PE bosses of mishandling the magazine and raiding its assets.
TV Guide Magazine Cuts Include Publisher, Four Other Senior Staff

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