Gemstar to License Software to Matsushita
- Share via
Bloomberg News
Gemstar-TV Guide International Inc., the largest maker of software for television program guides, said it will license its software to Matsushita Electric Industrial Co., Japan’s largest consumer electronics maker.
Financial terms weren’t disclosed. Gemstar and Matsushita, which makes Panasonic products, will sell a high-definition TV with Gemstar software in Japan, the companies said. The product will be available next week.
Shares of Gemstar fell 65 cents to $25.49 on Nasdaq.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
