NBC and GE Capital announced they have agreed to pay $44 million for 15% of ValueVision Intl., the third-largest home shopping network.
Home Shopping Network
Home Shopping Network Inc. agreed to settle several shareholder lawsuits, forcing the Florida company to take a $ 13 million to $ 16 million charge against its fourth-quarter earnings.
In response to QVC's bid on Monday to merge with Home Shopping Network, HSN's board was reshuffled and a committee was appointed to review the offer.
Domestic Film DAILY
PROVIDED BY: Box Office
Teenage Mutant Ninja Turtles
Teenage Mutant Ninja Turtles1Daily:$7.6M Cumulative:$79.8M Paramount Pictures 13.49%
Guardians of the Galaxy
Guardians of the Galaxy2Daily:$6.6M Cumulative:$188.5M Disney 23.68%
Into the Storm
Into the Storm3Daily:$2.1M Cumulative:$21.1M Warner Brothers / New Line 21.06%
QVC Network's proposed marriage with Home Shopping Network will require the blessing of regulators from three government agencies, and may run into trouble.
Liberty Media Corp. said it is proposing a cash tender offer to purchase up to 15 million common shares of Home Shopping Network Inc. at $ 7 a share. In a press release, Liberty called the offer a…
Home Shopping Network has been hit with three class-action shareholder lawsuits charging that the TV retailer failed to disclose financial improprieties.
The former in-house lawyer for Home Shopping Network Inc. claims in a lawsuit he was fired over attempts to disclose financial improprieties at the company.
It's official. Barry Diller is chairman and chief executive at QVC Network Inc., the leading home-shopping cable channel.