QVC and Home Shopping Network are poised to soon hawk their wares under the same corporate roof. John Malone’s Liberty Interactive Corp., which owns QVC, has agreed to buy the 61.8% of HSN that it doesn’t already own for stock that values the company at $2.6 billion.
HSN shares are up 30% this morning following the…
EXCLUSIVE: Bradley Cooper certainly can’t complain these days. He’s had a run most actors would kill for, earning Oscar nominations three years in a row, starring in and producing Best Picture nominee American Sniper, the biggest hit released in 2014, and earning a Tony Nomination for his return to Broadway in The Elep…
UPDATE, 1:40 PM: It doesn’t seem to matter that Paula Deen’s New Testament: 250 Favorite Recipes, All Lightened Up is Amazon’s best-selling book ahead of its scheduled publication in October. Random House’s Ballantine Books says today that it’s cancelling its plans for the cookbook, Publishers Weeklyreports. Deen…
Liberty Interactive's QVC is expanding into China. Outside the US, the video and e-commerce retailer already has international operations in the UK, Germany, Japan and Italy. Now, via a joint venture with China's government-owned China National Radio, it will bring its beauty, fashion, jewelry and home products to a…
It’s “more likely than not” that new online video streaming providers such as Amazon will offer some programming on a premium tier — a contrast with Netflix’s single-price package — Liberty Media CEO Greg Maffei said this morning at the Goldman Sachs Communicopia conference. He broadly hinted that his company’s desire…
In May, John Malone’s Liberty offered to buy all of Barnes & Noble for $1B. But the offer stalled and the book retailer said Thursday that the takeover talks had been ditched in light of the $204M investment agreement. Under the terms of the deal, Liberty Media bought preferred stock convertible into about 12 million…
The odd collection of stocks controlled by John Malone’s Liberty Media are enjoying a nice pop today after the company reported generally upbeat 2Q data. Shares of Liberty Starz are up 5.2% at mid-day. The company says that Starz ended the quarter with 19M subscribers — its highest ever and up 200,000 from March. But E…
I’ve just heard that CAA is signing QVC as a client. That’s after WME already signed HSN. So add home shopping to what already is the toy warfront when CAA signed Mattel. But after WME signed Hasbro…
