Thursday, October 21, 2004

KPMG to Pay $10 Million


KPMG to Pay $10 Million to Settle Charges Over Gemstar Audits

Regulators said that from September 1999 through March 2002, KPMG and its auditors should have known that Gemstar was improperly booking $152 million in licensing revenue and $60 million in ad revenue. Gemstar, which publishes TV Guide magazine, also sells ads on an 'interactive program guide' that allows TV viewers to navigate and

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