Home Shopping Network
| Home Shopping Network
|
|
|---|---|
 |
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| legal form | Inc. |
| ISIN | US4043031099 |
| founding | 1981 |
| Seat | Saint Petersburg , United States |
| management | Mindy Grossmann ( CEO ) |
| Number of employees | 6,100 (2014) |
| sales | $ 3.59 billion (2014) |
| Branch | Online trade |
| Website | www.hsni.com |
The Home Shopping Network (HSN) is an American teleshopping channel that was founded in 1981 in Saint Petersburg ( Florida ). The network is listed on NASDAQ under the symbol HSNI.
history
With the delivery of 112 can openers in 1977, the story of home shopping began at a radio station in Clearwater . Which arose from these beginnings in 1982 Home Shopping Club in the cable network of Tampa Bay . In 1985, the Home Shopping Club could already be received around the clock throughout the USA . This led to the renaming in Home Shopping Network .
In 1986 the Home Shopping Network Inc. was admitted to trading on the American Stock Exchange . That year, HSN took over nine television stations in ( Newark , Smithtown , Boston , Baltimore , Philadelphia , Cleveland , Houston , San Francisco and Los Angeles ). That year Silver King Broadcasting was founded.
Liberty Media took over his shares in HSN from founder Roy M. Speer in December 1992. By April 1993, 71% of the shares had come into the possession of Liberty Media. Together with Tele-Communications Inc. , Home Shopping Network founds Home Shopping International in 1993 for international expansion. In addition, Silver King Broadcasting was given to the shareholders as a spin-off .
The website www.HSN.com was activated in 1995 and expanded into an online shopping portal in 1999. Barry Diller became Chairman of the Board of Home Shopping Network Inc. in 1995 .
In 1995 the takeover of Ingenious Designs , a company specializing in direct marketing and infomercials . The Hanover Direct brand catalog and website were acquired in 2001.
Silver King Broadcasting took over the Home Shopping Network for $ 1.2 billion in 1996. In 2000, the official name was changed to HSN and a campaign under the slogan: "Only on HSN". connected.
On August 1, 2010, HSN launched its offshoot HSN2.
With the takeover of Cornerstone Brands in 2005, HSN obtained the rights to:
- Ballard Designs,
- Front gate,
- Garnet Hill,
- Grandin Road,
- Smith + Noble,
- The Territory Ahead and
- TravelSmith
In 2006 HSN introduced the option of buying goods directly from the remote control . With DISH Network , a satellite provider was found that could provide this service to all American households.
In May 2008, HSNi was separated from the parent company InterActiveCorp and listed on NASDAQ .
On July 6, 2017, it was announced that QVC had acquired HSN for $ 2.1 billion. Since then, both companies have operated as the Qurate Retail Group .
Holdings
- Ventana Television Inc. , owner and operator of 27 local television networks
- Cornerstone Brands
Web links
Individual evidence
- ↑ a b HSN Inc. 2014 Form 10-K report
- ↑ FundingUniverse (ed.): HSN . ( online [accessed July 31, 2011]).
- ^ Home Shopping Network Inc. (Ed.): HSNi Trademarks . ( PDF 459kB [accessed July 31, 2011]).
- ^ Richard W. Stevenson: Market Place . TV Shopper's 'Fifth Network'. Ed .: New York Times . September 30, 1986 ( HTML [accessed July 31, 2011]).
- ^ Barry Meier: A Hard Look at Home Shopping's Family Ties . Ed .: New York Times. April 26, 1993 ( online [accessed July 31, 2011]).
- ↑ a b Stephanie Strom: The media business . Home shopping in a venture to go goal. Ed .: New York Times. December 22, 1993 ( online [accessed July 31, 2011]).
- ↑ a b FundingUniverse (Ed.): USA Interactive, Inc. ( online [accessed July 31, 2011]).
- ↑ HSNi (Ed.): Form 10-K . February 23, 2011, p. 5, 7 ( PDF 822kB [accessed July 31, 2011]).
- ↑ SEC (ed.): Schedule 13D / A . August 24, 1995 ( online [accessed July 31, 2011]).
- ^ Home Shopping Network Inc. (Ed.): History of innovation . ( HTML [accessed July 31, 2011]). HTML ( Memento of the original from August 28, 2011 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ^ CNN Money: QVC buying rival Home Shopping Network
- ↑ HSNi (Ed.): Form 10-K . February 23, 2011, p. 7 ( PDF 822kB [accessed July 31, 2011]).
