HSN out does QVC

[HitandRun]

HSN has better prices, better people and better products any day of
the week over QVC. QVC is out to take your money!

[nightsky]

I agree with you 100%

[beekeeper]

I admittingly am a QVC watcher, and have only seen/watched HSN 2 or 3 times. I personally like QVC better. They have more name brands and do NOT sell 10k gold (except in black hills gold where it is standard). If one wants 10k gold, they can hit their local Wal-mart! :-)

Kidding aside ... QVC get's my vote. HSN is too hoaky. Maybe the prices are better, but you have to remember "you get what you pay for". CHEAP prices often come along with a CHEAP product.

[oldenuff]

If HSN outdoes QVC, why does QVC have more viewers, sell more products, make more money and lets not forget they have better customer service. Even the hosts and models are better. Only thing HSN does better is easy pay and if the product is cheap what good is that?

[QVC Dude]

And let's not forget that QVC has the hottest hosts and models (even though Dorian is gone)!

[Yep2]

I know many people who get QVC, but their cable company doesn't allow them to get HSN.....yet. QVC has more viewers because most cable companies make it a point to carry the QVC network instead of HSN, AND Comcast (the largest cable company in the U.S.), owns QVC. THAT is the ONLY reason QVC is the number one shopping channel.

[oldenuff]

Comcast does not own QVC. Liberty Media does. And QVC outsells HSN because their products are better, their customer service is lots better, their hosts and models are better, etc. For the most part even their vendors are better. They also dont have Adrienne and Jennifer Flavin Stallone and Suzanne Somers on for hours and hours and days and days. Seems like HSN has the same people on all the time while QVC has more variety of shows.

[milly1022]

It is my understanding that home shopping shows return a percentage of sales to the cable companies. Since the Q is the biggest, it only makes sense that many would prefer to carry it (if channel space is limited) - bigger buck for the bang!

[oldenuff]

HSN has 75 million subscribers, while QVC has 83.9 million. Shop at Home is at 40 million. For cable operators complaining about rising programming fees, home-shopping networks offer an attractive deal: Cable operators get paid to carry them. QVC and HSN give cable operators a 5% commission on sales. ShopNBC and Shop at Home pay operators a flat yearly rate per home. It ranges from $1.50 to $2 a subscriber for ShopNBC, to $1.50 to $3 for Shop at Home, according to home-shopping officials.

QVC takes in twice as much revenue than HSN per year. And sales in 2003 is higher than the previous year for both. So QVC is still No. 1 with HSN no. 2 and bringing in half as much money as QVC.
In 2002 for example, QVC had 4 billion in revenue
HSN had 2 billion in revenue

In fact NBC was No. 1 in overal revenue and QVC was No. 2 overall counting all the networks like CBS and ABC, etc. too. Not bad for a shopping network.

[troyleslie]

Has anyone checked out ACNtv? it's on channel 367 on directv I think...I've been buying from them for years when they started out as a little cable show in someone's basement lol...they've got lots of good jewelry buys! I have a whole collection! prices way better than qvc or hsn

[Yep2]

Like I said, COMCAST owns QVC.

[Sunshine]

I must issue a correction to the last post. QVC is no longer owned by Comcast. Liberty Media now has controlling stock in QVC. Interestingly enough, I understand they also have stock in HSN. Humm.....

[Yep2]

Attempt to correct all you want. Controlling stock doesn't mean ownership. Again, COMCAST owns QVC. What it looks like on the books, isn't always what it really is. Don't be fooled. Yes, and of course they own shares in HSN. That's old news. Comcast is smart, but not smart enough to fool me.

[Hellfire]

That would explain the move of QVC to the beginning of the channel list instead of being at the end.

[oldenuff]

I guess someone is behind on their news;


Liberty Media takes over QVC

Liberty Media Corporation takes over QVC, the worldwide home shopping channel, from Comcast (biggest cable company of the United States). Liberty pays 6.9 million Euro for the acquisition (57.5% stake). QVC reaches worldwide 130 million households, of which two thirds in the US.

John Malone's Liberty Media is the company that tried to buy Dutch cable company Casema last year. Because this raised questions from the Dutch competition authority NMa the deal was cancelled and Casema was sold to a financial consortium (Carlyle, Providence & GMT).

Liberty Media already owns stakes in:
United Global Com (74%): owns Dutch cable operator UPC
Discovery Communications (50%) that runs Discovery Channel, Animal Planet and other thematic channels
AOL Time Warner (4%): world's leading media & entertainment company
News Corp (18%): Mr. Rupert Murdoch's media conglomerate
Vivendi Universal (4%): Liberty is also aiming on the acquisition of Vivendi Entertainment
USA Interactive (20%): the interactive commerce company of Barry Diller.
Telewest (20%): the UK cable operator
Open TV (46%): powers 24 million set top boxes world wide
Motorola (3%): mobile phones ("communications solutions").


USA Interactive owns HSN BTW.

[oldenuff]

And if that isn't enough proof:


Liberty Media reports 86 percent Q3 increase
Liberty Media Corp. (NYSE: L LMCB) posted an 86 percent increase in 2003 third-quarter net income versus a year ago, to $41 million, largely because of its Sept. 17 closing on Comcast Corp.'s 56.5 percent ownership in home-shopping company QVC Inc.


Third-quarter revenue rose 72 percent to $905 million, versus $525 million a year ago.

Liberty already owned about 42 percent of QVC and now owns 98 percent, with the other 2 percent owned by QVC management. The acquisitions allows Liberty to treat QVC as an operating company.

"We closed our acquisition of QVC, and we couldn't be more pleased with that acquisition," said Liberty Chief Executive Officer Robert Bennett in a conference call with analysts Friday.

QVC's third-quarter revenue rose 14 percent versus a year ago, to $1.15 billion, and its operating cash flow rose 26 percent to $234 million.

Liberty's wholly owned movie programming company, Starz Encore Group LLC, posted a third-quarter decline in revenue of 11 percent, to $217 million, mainly because of a settlement of litigation with Comcast Corp. that hurts Starz revenue in the short term, said executives in the Wednesday conference call. But the settlement is expected to help Starz growth in the long-term, partly because of a boost in marketing for Starz by Comcast stipulated in the settlement, they said.

[Sunshine]

OLDENUFF........THANKS SO MUCH FOR MAKING THAT POST TO THE BOARD. NOW
EVERYONE WILL KNOW THAT WE WERE CORRECT. ALL PEOPLE HAVE TO DO IS PAY A BIT OF ATTENTION TO THE 'MARKET' AND THEY WOULD HAVE KNOWN THAT AS WELL.

THANKS AGAIN.