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05-07-2014 07:01 PM
Is this old news? came across article.
http://online.wsj.com/article/PR-CO-20140507-918295.html
link isnt working. try again
05-07-2014 07:11 PM
Barry Diller, husband of Diane Von Furstenburg, once owned QVC. Then he bought HSN.
They are partially co-owned by a cable company, I think.
In order to get good placement on cable channels, they give a percentage of their profits to the cable company. QVC is channel 10; HSN is 95. Shop HQ recently moved down to 17...they give a higher % of profits to the cable provider.
05-11-2014 09:09 PM
Liberty Interactive owns 100% QVC and 38% HSN.....
Liberty Interactive Corporation operates and owns interests in a broad range of digital commerce businesses. Those interests are currently attributed to two tracking stock groups: Liberty Interactive Group and Liberty Ventures Group. The Liberty Interactive is primarily focused on digital commerce and consists of Liberty Interactive Corporation's subsidiaries QVC, Provide Commerce, Backcountry.com, Bodybuilding.com, BuySeasons,CommerceHub and its interest in HSN.
HSN A retailer and interactive lifestyle network offering an assortment of products through television home shopping programming on HSN television network and HSN.com.
ATTRIBUTED OWNERSHIP 38%
http://community.qvc.com/forums/viewpoints/topic/447712/qvc-has-an-interest-in-hsn.aspx
05-11-2014 09:12 PM
On 5/11/2014 SPURT said:Liberty Interactive owns 100% QVC and 38% HSN.....
Liberty Interactive Corporation operates and owns interests in a broad range of digital commerce businesses. Those interests are currently attributed to two tracking stock groups: Liberty Interactive Group and Liberty Ventures Group. The Liberty Interactive is primarily focused on digital commerce and consists of Liberty Interactive Corporation's subsidiaries QVC, Provide Commerce, Backcountry.com, Bodybuilding.com, BuySeasons,CommerceHub and its interest in HSN.
HSN A retailer and interactive lifestyle network offering an assortment of products through television home shopping programming on HSN television network and HSN.com.
ATTRIBUTED OWNERSHIP 38%
http://community.qvc.com/forums/viewpoints/topic/447712/qvc-has-an-interest-in-hsn.aspx
Liberty is a cable company. They probably traded channel placement for stock re: HSN. Time Warner gets a percentage of sales - and the shopping channels in turn place a certain amount of paid advertising on the cable systems (those :30 promos we all see on Lifetime, Bravo, etc.)
There would be no shopping channels if there were no cable channels they can barter/lease.
05-12-2014 12:37 AM
It's been noted in threads here many times.
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