CALIFORNIA | LOCAL
February 4, 1999
An anonymous firm has purchased the right to sponsor the Hollywood sign. Chris Baumgart, chairman of the Hollywood Sign Trust, which is charged with maintaining the landmark, said the sponsor--described only as a well-known corporation--paid $100,000 for one year's worth of sponsorship rights. The donor's identity will be made public within the next two months, Baumgart said. The sponsorship was sold on QVC, a home shopping network. Five companies offered to buy it, Baumgart said.
July 4, 2003 |
The QVC shopping channel on Thursday was hawking, among many things, Shadow Fern area rugs ($39.19), Keds Smooth Stretch Slip-on Comfort Clogs ($28.40) and Sun Laboratories Instant Self-Tanning Spray ($19.93). Over the years, such items have been very good to the channel, whose owner announced that control of QVC itself is being sold for a price that is far beyond what most of its viewers are accustomed to paying: $7.9 billion.
July 2, 1994 |
CBS/Broadcast Group president Howard Stringer said Friday that he's been asked to remain in his job after the proposed merger between CBS Inc. and Barry Diller's QVC Network. Stringer's plans have been the subject of speculation since CBS and QVC confirmed plans for a merger on Thursday. "I will stay on as head of the broadcast group," Stringer said in an interview. "Barry has asked me to stay, and I look forward to working for him.
July 29, 2003 |
General Motors Corp. said Monday that it would market Saturn models on the television home-shopping channel QVC next week to try to attract more women to the unprofitable division's vehicles. The 55-minute advertising program will air the evening of Aug. 5 and will offer incentives to buyers, said Chuck Thomson, the division's executive director of marketing. He wouldn't disclose the incentives or cost of the ad, which he said is the first by an automaker on QVC.
October 27, 1994 |
On video shopping channels, it's not uncommon to hear hawkers describe cubic zirconia jewelry as stunning or call polyester pantsuits irresistible. Now that Beavis and Butt-head have joined the ranks of the electronic shills, "it doesn't suck" can be added to the list of home shopping's fawning phrases. MTV Networks--which includes VH-1, Nickelodeon and MTV--began testing the home shopping waters in August.
July 4, 2003 |
Liberty Media Corp. agreed Thursday to spend $7.9 billion to purchase control of the hugely profitable home shopping channel QVC, a move that comes on the heels of the company's efforts to snap up Vivendi Universal's U.S. entertainment assets. The timing of the purchase from Comcast Corp. -- which will give Liberty the 57.5% of QVC that it doesn't already own -- caught many by surprise.
August 22, 1997 |
Perhaps it is a sign of the times that a garishly large and expensive home along Sunset Boulevard is now being opened up for the world to see. There was a period, post-riots, when the rich hid their riches, leaving the Rolex at home and driving the Ford Bronco instead of the Range Rover. But how things have changed.
August 3, 2007 |
Move over, MTV. Here comes QVC. That's right music fans. In between the blond women selling jewelry and the dermatologists shilling skin-care products, television retail channels are booking live musical acts -- and not off-brands, either. Think LeAnn Rimes, Barry Manilow and the Goo Goo Dolls. Manilow is preparing for his second QVC gig this fall to promote his new CD, "The Greatest Songs of the Seventies."
June 29, 1993
In December, Barry Diller made a "$25-million bet" on interactive cable when he purchased 3% of QVC's common stock and became the company's chairman and chief executive. It seems that bet has paid off. QVC recently announced a joint venture with Rupert Murdoch to bring a home shopping channel to Europe. And in fiscal 1992, pretax operating profit climbed 40% and long-term debt dropped $152.5 million to $7.6 million.
July 10, 1989 |
CVN Companies Inc. has agreed to be acquired by QVC Network Inc., a smaller competitor in the televised home shopping business, for more than $400 million in cash and stock, the companies said today. The deal would create a company that backers said could better compete against the video retailing leader, Home Shopping Network Inc., in an industry that generated $1.4 billion in revenue last year. The agreement calls for QVC, of West Chester, Pa.