December 20, 2014 2:00 PM ET

Media

Company Overview of Rovi Guides, Inc.

Company Overview

Rovi Guides, Inc. offers digital entertainment advertising platform for advertisers. It provides advertisers with a platform for reaching and engaging viewers via consumer destinations or portals. The company was formerly known as Gemstar-TV Guide International, Inc. and changed the name to Rovi Guides, Inc. in May, 2008. The company was founded in 1992 and is based in Santa Clara, California. As of May 2, 2008, Rovi Guides, Inc. operates as a subsidiary of Rovi Corporation.

2830 De La Cruz Boulevard

Santa Clara, CA 95050

United States

Founded in 1992

1,590 Employees

Phone:

408-562-8400

Fax:

408-567-1800

Key Executives for Rovi Guides, Inc.

Chief Executive Officer and Director
Age: 49
Chief Operating Officer and President of Interactive Program Guides
Age: 59
President of TV Guide Publishing Group
Age: 58
Chief Information Officer and Senior Vice President
Executive Vice President
Age: 57
Compensation as of Fiscal Year 2014.

Rovi Guides, Inc. Key Developments

Rovi Solutions Corporation and Rovi Guides, Inc. Enters into a Credit Agreement

On July 2, 2014, Rovi Corporation (Rovi), as parent guarantor, and two of its wholly-owned subsidiaries, Rovi Solutions Corporation and Rovi Guides, Inc., as borrowers, and certain of Rovi's other subsidiaries, as subsidiary guarantors, entered into a Credit Agreement, dated as of July 2, 2014, with the lenders party thereto, Morgan Stanley Senior Funding, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, Fifth Third Bank and SunTrust Robinson Humphrey, Inc., as joint bookrunners and lead arrangers, and Morgan Stanley Senior Funding, Inc., as administrative agent and collateral agent (the Credit Agreement). The Credit Agreement provides for (i) a five-year $125 million term loan A facility (the Term Loan A Facility), (ii) a seven-year $700 million term loan B facility (the Term Loan B Facility and together with the Term Loan A Facility, the Term Loan Facility) and (iii) a five-year $175 million revolving credit facility (including a letter of credit sub-facility) (the Revolving Facility and together with the Term Loan Facility, the Senior Secured Credit Facility). In addition, the Borrowers may request one or more increases in the commitments under the Term Loan Facility or Revolving Facility in an amount not in excess of $300 million in the aggregate and not less than $50 million individually. The Credit Agreement replaces that certain Amended and Restated Credit Agreement, dated as of February 7, 2011, as amended and restated as of March 29, 2012, as further amended pursuant to that certain Amendment No. 1, dated as of February 13, 2013 and that certain Refinancing Amendment and Joinder Agreement, dated as of April 9, 2013 (the Predecessor Credit Agreement). The Borrowers used the proceeds of the Term Loan Facility, together with cash on hand, to repay existing loans under the Predecessor Credit Agreement and to pay expenses related thereto. The Borrowers may use the proceeds of the Revolving Facility for general corporate purposes, including working capital and acquisitions permitted under the Credit Agreement. Loans under the Term Loan A Facility bear interest, at the Borrowers' option, at a rate equal to either the LIBOR rate, plus an applicable margin equal to 2.25% per annum, or the prime lending rate, plus an applicable margin equal to 1.25% per annum. Loans under the Term Loan B Facility bear interest, at the Borrowers' option, at a rate equal to either the LIBOR rate, plus an applicable margin equal to 3% per annum (subject to a 0.75% LIBOR floor) or the prime lending rate, plus an applicable margin equal to 2% per annum. Loans under the Revolving Facility will bear interest, at the Borrowers' option, at a rate equal to either the LIBOR rate, plus an applicable margin equal to 2.25% per annum, or the prime lending rate, plus an applicable margin equal to 1.25% per annum, subject to reduction by 0.25% or 0.50% based upon Rovi's total secured leverage ratio.

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