topic Re: RNN to Acquire IMedia Brands Including Shop HQ in Community Chat

RNN to Acquire IMedia Brands Including Shop HQ

stellabystarlight — Mon, 10 Jul 2023 22:18:38 GMT

I just read on the Shop HQ fans facebook page that RNN will acquire IMedia Brands including Shop HQ. I wonder if that means all those Invicta watches will not be featured as much as they are now.

Also, I hope Gems En Vogue by Michael Valitutti will have a home either there or here at the Q. I really miss him and his gorgeous jewelry, which would often have sell outs on almost all his pieces.

Re: RNN to Acquire IMedia Brands Including Shop HQ

CalminHeart — Tue, 11 Jul 2023 10:17:07 GMT

I'd like to see their jewelry lineup improve to include some more rose gold. I don't want the super expensive stuff but would like earrings or a simple bracelet.

Re: RNN to Acquire IMedia Brands Including Shop HQ

Pecky — Wed, 12 Jul 2023 13:41:30 GMT

I hope their crazy shipping costs go down.

Re: RNN to Acquire IMedia Brands Including Shop HQ

Estellee — Wed, 12 Jul 2023 14:18:48 GMT

At least they get to stay on air.

Re: RNN to Acquire IMedia Brands Including Shop HQ

Sakuya — Sat, 19 Aug 2023 22:15:44 GMT

Yesterday during a Mackenzie-Child's show, host Melissa M. kept saying how great a week she had with one good day after another...great announcements. Then she made comment shophq has been around for over 33 years and are a boutique style shopping network, "well for now we are" and added in a sing-song laughing voice "we are going to explooode you just wait and see." So whatever changes are coming, she is happy about it.

Re: RNN to Acquire IMedia Brands Including Shop HQ

Sakuya — Sat, 19 Aug 2023 22:22:40 GMT

It looks like the RNN seal fell through but a billionaire bought it.

Re: RNN to Acquire IMedia Brands Including Shop HQ

Teddixat — Sat, 19 Aug 2023 22:33:54 GMT

@Sakuya around 33 years under 4 or 5 different names. I gave up on them years ago. They sell nothing that I want or need.

Re: RNN to Acquire IMedia Brands Including Shop HQ

Teddixat — Sat, 19 Aug 2023 22:34:30 GMT

@Estellee is that a good thing?

Re: RNN to Acquire IMedia Brands Including Shop HQ

Teddixat — Sat, 19 Aug 2023 22:35:00 GMT

WHO IS RNN???

Re: RNN to Acquire IMedia Brands Including Shop HQ

FiddleDeeDee — Sat, 19 Aug 2023 22:37:02 GMT

@Sakuya wrote:
Yesterday during a Mackenzie-Child's show, host Melissa M. kept saying how great a week she had with one good day after another...great announcements. Then she made comment shophq has been around for over 33 years and are a boutique style shopping network, "well for now we are" and added in a sing-song laughing voice "we are going to explooode you just wait and see." So whatever changes are coming, she is happy about it.

Her FB page featured comments like that to followers as well as under pictures of other ShopHQ hosts. Something IS going on, it's big and they're happy about it or, at least, they CLAIM to be (we all know how THAT goes, right?).

Re: RNN to Acquire IMedia Brands Including Shop HQ

Caaareful Shopper — Sat, 19 Aug 2023 23:15:16 GMT

source: Star Tribune, 8/14, 2023, and Business Wire, 8/16/2023

The potential $50 million sale of iMedia Brands Inc. to RNN National Media Group is off.

But a new buyer has emerged. IV Media — a company the billionaire founder of 5-Hour Energy drink, Manoj Bhargava, owns — said it is acquiring ShopHQ and its iMedia Digital Services from iMedia for $55 million as part of several media acquisitions some of Bhargava's companies have made recently.

IV Media, LLC is a subsidiary of Innovation Ventures, LLC, the producer and distributor of 5-hour ENERGY® shots.

IV Media has acquired substantially all assets of iMedia Brands, including its ShopHQ Networks, 1-2-3.tv, iMDS, J.W. Hulme, and Christopher & Banks businesses for approximately $55 million of transaction value.

Re: RNN to Acquire IMedia Brands Including Shop HQ

Estellee — Sun, 20 Aug 2023 12:24:59 GMT

@Teddixat guess it depends on what people like. Although I preferred some of their jewelry shows in the past there are a few shows I still watch.