Gemstar–TV Guide International

In 1978, United Video Satellite Group, Inc. was founded in Tulsa, OK. United Video itself dated back to 1965, founded by Gene Schneider, and was originally a cable company in the Tulsa area, originally under the names of GenCo and then LVO Cable (during a period when they were owned by LVO Corporation, an oil company).

The microwave business expanded to serve other cable companies and regions, including Iowa, Louisiana, and Oklahoma itself, carrying distant stations to rural communities.

[3] The deal closed at the end of July, with SMN's operations folded into the original ABC Radio Networks,[5] and through subsequent mergers and divestitures is now a part of the current Westwood One under Cumulus Media.

The cable viewer at home would see a computer-generated, scrolling listings screen, featuring audio simulcasts of either a local radio station or a satellite-delivered music channel (used in later years on some systems).

[14] Gemstar had inherited much of its patent portfolio through its 1997 acquisition of StarSight Telecast, which had previously litigated against companies such as General Instrument and Scientific Atlanta.

The genesis of the uncollected revenue stemmed from expired licensing agreements, mainly with cable set-top box manufacturer Scientific Atlanta.

Yuen and Gemstar chief financial officer Elsie Leung had been booking the revenue for over a year, as they believed Generally Accepted Accounting Practices allowed them to do this as Scientific Atlanta was continuing to add the company's interactive program guide software to its set-top boxes; the companies were also simultaneously in ongoing litigation and negotiations to resolve their disputes.

As Scientific Atlanta had always compensated the company in the past, Gemstar, Yuen and Leung had reasonable evidence that the uncollected revenue would eventually be collected.

When the amount accrued to a much larger sum of over $100 million, the company disclosed the information in a quarterly conference call with media and investors.

Yuen was replaced as chief executive officer in October 2002 by Jeff Shell, an employee of Murdoch's who had been running the Fox Cable Networks Group.

[20] Following continuing losses in the hundred million dollar range, including charges related to shareholder litigation,[21] Gemstar's market capitalization fell.

[citation needed] In early 2007, Gemstar acquired Aptiv Digital, the developer of the Passport interactive program guide software used on Scientific Atlanta and Motorola set-top boxes.