Popular Locations for Home Shopping Network (HSN), Inc.
Over the next 20 years, Robertson would work as one of many presenters of the channel, helping show and promote numerous of its merchandise for sale. Home shopping permits shoppers to shop for items from the privateness of their own home, versus conventional shopping, which requires one to go to brick and mortar stores and shopping malls.
The merger, announced Thursday, would create a company with $14 billion in annual gross sales, NPR’s Yuki Noguchi reviews. Under the agreement, QVC’s parent agency, Liberty Interactive, the holding company founded by billionaire media mogul John C. Malone, would buy the remaining 62 p.c of HSN that it does not already own. The entity would then combine underneath QVC Group, though HSN would proceed as a separate model. The deal represents a 29{158309a3fa6d8381d35803f67c7215a25bd2f071abbaea46b5e22a7c1b745473} premium to HSN’s final closing price.
Earlier this 12 months, it turned …