Exec to o'see worldwide biz, including tech systems
NEW YORK — Gemstar-TV Guide has promoted Doug Macrae to the newly created position of president, TV Guide Consumer Electronics.
He will oversee the company’s worldwide CE businesses, including its interactive program guides and Plus Code recording systems. Macrae was previously prexy of the company’s North American consumer electronics division, TV Guide On Screen.
Macrae also resigned from the Gemstar board, a move the company said was in line with its goal of creating a more independent board of directors.
Gemstar also announced that it signed a multiyear agreement with LG Electronics to incorporate TV Guide On Screen program guide into LG digital TV products sold in North America, such as digital video recorders, TV sets and DVD recorders.
Gemstar will get a percentage share of each unit sold with the licensed technology.