Bodog Beat

The deal to sell TVG is in the final phases of negotiations. (AP Images)

Macrovision Solutions Corp., parent company of TVG, otherwise known as the horse racing network, is in the final stages of a $2.65 billion deal of selling off the network.

“We are in discussions, and we have been in discussions,” Fred Amoroso, president and chief executive officer of Macrovision, said. “I expect to maintain the position of selling those before the end of the year. Nothing has changed on that. We feel pretty comfortable with that stand, despite the difficult times.”

Macrovision confirmed it plans to use proceeds of the sale of TVG and other properties to pay down debt. TVG and other discontinued properties such as TV Guide magazine and the TV Guide Network combined to produce a $1.12-million loss during the last quarter.

Will TVG (America's Horse Racing Network) be sold before 15th December 2008? The Bodog Racebook has your TVG sale odds so place your bets!