TV Guide says rumors not true, it plans on staying in Tulsa

Thursday, August 14th 2003, 12:00 am
By: News On 6

TV Guide released its second quarter earnings Thursday. The company had a net loss of $22.5-million. That compares to a loss of more than $800-million in the second quarter of 2002.

Meanwhile, the company responded to a persistent rumor that it plans to move its Tulsa headquarters to Los Angeles. A company spokeswoman says they have, quote "no plans" to move the Tulsa operation.

About 600 people work at TV Guide in Tulsa. At its peak, there were about 1,200 workers here.