You are viewing the archive: “QVC”

QVC Moves Into Sixth Global Market With Chinese Joint Venture

By NANCY TARTAGLIONE, International Editor | Wednesday March 21, 2012 @ 5:50am PDTTags: Liberty Media, QVC

Liberty Interactive’s QVC is expanding into China. Outside the US, the video and e-commerce retailer already has international operations in the UK, Germany, Japan and Italy. Now, via a joint venture with China’s government-owned China National Radio, it will bring its beauty, fashion, jewelry and home products to a potential 35 million homes. The partners will together operate multimedia retail business CNR Home Shopping Co Ltd through the CNR Mall TV shopping channel and its e-commerce website. To be headquartered in Beijing, the joint venture is subject to regulatory approval. A full press release follows: READ MORE »

Comments (0)

Liberty Media Anticipates A Premium Tier For Online Video

By DAVID LIEBERMAN, Executive Editor | Thursday September 22, 2011 @ 8:25am PDTTags: Amazon, Barnes & Noble, Greg Maffei, John Malone, John Malone Liberty Media, Liberty Media, Netflix, QVC, Sirius XM Radio, Starz

It’s “more likely than not” that new online video streaming providers such as Amazon will offer some programming on a premium tier — a contrast with Netflix’s single-price package – Liberty Media CEO Greg Maffei said this morning at the Goldman Sachs Communicopia conference. He broadly hinted that his company’s desire to charge extra for Starz was a big reason why the premium channel recently ended negotiations to extend its carriage deal with Netflix. The current arrangement, he says, is “inconsistent” with the way consumers receive Starz on pay TV.

More broadly, Maffei says that Liberty is on track to split off its Liberty Capital and Liberty Starz tracking stocks by tomorrow now that it has beat back a court challenge by bondholders. The deal transfers some assets to the spun-off companies, violating some bond agreements. But the Delaware Supreme Court yesterday upheld a lower court decision that said the split-off is OK because it isn’t part of what it called an “overall scheme” to hurt bondholders. That likely won’t change the overall strategy for the company that’s controlled by the famously tax-averse former cable titan John Malone — and that some analysts say is little more than a portfolio of stock holdings. “Finding things to buy at attractive prices is the biggest chalenge we have today,” Maffei says. Read More »

Comments (0)

Liberty Turns Page On Takeover Bid, Instead Invests $200M Into Barnes & Noble

By THE DEADLINE TEAM | Thursday August 18, 2011 @ 8:19pm PDTTags: Barnes & Noble, Greg Maffei, John Malone, Liberty Media, Nook, QVC

In May, John Malone’s Liberty offered to buy all of Barnes & Noble for $1B. But the offer stalled and the book retailer said Thursday that the takeover talks had been ditched in light of the $204M investment agreement. … Read More »

Comments (6)

Liberty Media Says Starz Hits A Record 19M Subs In 2Q While QVC Rebounds

By DAVID LIEBERMAN, Executive Editor | Tuesday August 9, 2011 @ 8:16am PDTTags: Encore, John Malone, Liberty Media, Liberty Media Earnings, QVC, Starz

The odd collection of stocks controlled by John Malone’s Liberty Media are enjoying a nice pop today after the company reported generally upbeat 2Q data. Shares of Liberty Starz are up 5.2% at mid-day. The company says that … Read More »

Comments (1)

Latest Agency Warfront: Home Shopping

By NIKKI FINKE, Editor in Chief | Tuesday July 13, 2010 @ 7:56pm PDTTags: Agents, CAA, Hasbro, Mattel, QVC, WME

I’ve just heard that CAA is signing QVC as a client. That’s after WME already signed HSN. So add home shopping to what already is the toy warfront when CAA signed Mattel. But after WME signed Hasbro.

Comments (9)