February 28, 1992 |
Raising the possibility that two large shop-at-home TV networks may be one too many in today's troubled retail climate, Home Shopping Network said Thursday that it is holding "exploratory" talks regarding a possible business combination with archrival QVC Network. Although neither company would elaborate on the announcement, analysts said rumors of a merger have been flying in recent days. The two networks dominate the $2-billion-a-year televised shop-at-home market.
May 29, 1994 |
Troy Enders sits at his workstation in his white lab coat concentrating on his mission. As supervisor of hard goods in the Quality Assurance Laboratory, he is an important first line of defense against improprieties, impurities and other pitfalls for his employer, the QVC Network. On Enders' desk is a pewter figurine of Tweety Bird. It is about half a foot high and is clad in prospector garb, his binoculars quite outsized.
August 26, 1994 |
FCC Request Puts QVC Takeover on Hold: Comcast Corp. and Liberty Media Corp., which made a tender offer Aug. 11 for shares of home shopping network QVC Inc., said the Federal Trade Commission has asked for further information on the proposed takeover. Under the Hart-Scott-Rodino Antitrust Act, the FCC's request will extend the waiting period for 10 days after the information is provided.