Macrovision acquired TV Guide in December 2007 and by December 2008, the decades-old television programming magazine will come under the ownership of OpenGate Capital.

Macrovision announced Monday, after the stock market had closed, that it had sold TV Guide to private-equity firm OpenGate Capital. The deal is expected to be completed by December 1 and no shareholder vote is required, reports Variety.

The terms of the deal were not disclosed. Shares of the company closed at $13.67 Monday on Nasdaq.

Interestingly enough, while the magazine has changed owners, its website will remain the property of Macrovision.

Macrovision acquired Gemstar-TV Guide International, the magazine’s publisher, nearly a year ago for $2.8 billion. At the time, the tech company said it was interested in the magazine’s interactive guides.

Macrovision is still looking to sell the TV Guide cable channel and TVG, a horse-racing channel.

TV Guide magazine has been on newsstands across the US since 1953, when it made its debut with a cover photo of comedienne Lucille Ball’s newborn son with actor/musician Desi Arnaz,  Desi Arnaz, Jr.

TV Guide launched online in 1997 and its website has been quite successful.