QVC

QVC is a multinational corporation specializing in televised home shopping. Founded in 1986 by Joseph Segel in West Goshen Township, Pennsylvania, United States, QVC broadcasts in five countries as QVC US, QVC UK, QVC Germany, QVC Japan and – QVC Italy to 200 million households. The name is an acronym standing for Quality, Value, Convenience.
QVC was founded on June 13, 1986 by Joseph Segel. One of the first brands to sign a two year deal with QVC was Sears products. Its first live broadcast took place at 7:30 PM ET on November 24 of that year, reaching 7.6 million TV homes. The corporation later set a new record for first full-year fiscal sales for a new public company of $112 million. Its competitor is the Home Shopping Network (HSN).
Initially broadcast live from 7:30 PM ET until midnight each weekday and all day Saturdays and Sundays, the channel extended its live programming to 24 hours in January 1987. QVC acquired its top competitor, the Cable Value Network (CVN), in 1989. The …

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