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Esteemed Contributor
Posts: 7,337
Registered: ‎06-04-2012

Re: Interesting Chapter 11 Filing Yesterday


@They CallMe MRWILKES wrote:

What's Next??

 

The Plan has been confirmed (July 15th) and reconfirmed as of yesterday. 

 

Next is the Effective Date, which I believe is August 17th (or slightly before.)

 

By then, the mechanics of New Debt issuance and New Equity issuance, placing those securities into the holders accounts will have taken place.

 

Most importantly,  on the Effective Date the current Board of Directors will immediately resign and New Equity will appoint New Directors. 

 

What happens with Reorganized QVC after that is anyone's guess at this point!

 

Exciting,  interesting times at Studio Park!


Thank you @They CallMe MRWILKES !

 

It really is exciting and will be looking forward to August 17 and thereafter for QVC.

 

 

Honored Contributor
Posts: 16,638
Registered: ‎10-09-2012

Re: Interesting Chapter 11 Filing Yesterday

According to the Philadelphia Today, published 7/23/2026:

 

A bright spot amidst such great uncertainty for QVC.

 

"QVC intends to pour newfound flexibility into TikTok Shop and its QVC and HSN streaming platforms.  The company says its TikTok programming has already paid off, helping expand its U.S. customer file for the first time in more than four years."

 

 

Honored Contributor
Posts: 8,442
Registered: ‎06-29-2016

Re: Interesting Chapter 11 Filing Yesterday

[ Edited ]

This is what many of us have anticipated for some time.  Resources increasingly devoted to new media outlets at the expense of the traditional broadcast model.

 

I imagine this is what new investors who have engaged millions and millions also see.  Many employees must be extremely anxious at this crucial inflection point. 

Esteemed Contributor
Posts: 5,134
Registered: ‎03-09-2010

Re: Interesting Chapter 11 Filing Yesterday

I wonder how the end of tv broadcasting will happen.  Will they have a countdown clock -- enjoy us for the next 2 weeks because after that, the screen will go dark and you will need to grab your phone or tablet to find us. 

Honored Contributor
Posts: 8,442
Registered: ‎06-29-2016

Re: Interesting Chapter 11 Filing Yesterday

[ Edited ]

My thoughts are  perhaps initially reduced live broadcast hours (eliminate 1-3 am for example), similar to what occurred years ago, and possibly go dark on several days a week.  

 

A long, slow exit from television.   I imagine that ability to shop the website and app will remain, regardless.

Esteemed Contributor
Posts: 7,337
Registered: ‎06-04-2012

Re: Interesting Chapter 11 Filing Yesterday


@Caaareful Shopper wrote:

According to the Philadelphia Today, published 7/23/2026:

 

A bright spot amidst such great uncertainty for QVC.

 

"QVC intends to pour newfound flexibility into TikTok Shop and its QVC and HSN streaming platforms.  The company says its TikTok programming has already paid off, helping expand its U.S. customer file for the first time in more than four years."

 

 


@Caaareful Shopper 

 

Fantastic news!

Super Contributor
Posts: 380
Registered: ‎10-28-2017

Re: Interesting Chapter 11 Filing Yesterday

I have stopped purchasing from QVC. I do not need to purchase as much I once did

I pray that people who are employed by QVC do not loose their jobs. 

I have many items and memories from QVC.

So many people have lost their jobs in the USA and are struggling. Nothing wrong with having purchasing power .

 

Stay well QVC .

Trusted Contributor
Posts: 1,085
Registered: ‎02-25-2024

Re: Interesting Chapter 11 Filing Yesterday

I will miss them if they disappear from television entirely.  Nothing against TikTok I just don't have an account (don't know if you need an account LOL.  Old dog-new tricks type of thing. Again, for now nothing against influencers.

 

I could see myself purchasing from YouTube since I do see their ads popping in all the time.  

Honored Contributor
Posts: 9,722
Registered: ‎02-06-2022

Re: Interesting Chapter 11 Filing Yesterday

@They CallMe MRWILKES 🪻



Your post on their Slow exit from television made me think about a dream I recently had where


Rick Domeier came out Solo and made the announcement that QVC will be permanently going off air. 😩



It felt so real that unlike most dreams I’ve had, I remembered it when I woke up. 😔





Honored Contributor
Posts: 8,771
Registered: ‎05-09-2010

Re: Interesting Chapter 11 Filing Yesterday

[ Edited ]

I would be happy to just shop Denim and Co. and Susan Graver online.  I don't need hosts telling me where to wear my clothes.  I don't need to see models adjusting their tops and turning around.

 

And I certainly don't need to see dancing, singing, and family time stories.

Always remember that you are absolutely unique. Just like everyone else. Margaret Mead