HSN

The Home Shopping Network (HSN ) is an American home shopping channel which 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 1977, the history of home shopping started at a radio station in Clearwater. From this beginning in 1982 the Home Shopping Club in the cable network of Tampa Bay was born. 1985 was already received throughout the United States around the clock the Home Shopping Club. This led to the renaming in Home Shopping Network.

1986 was included in the trading of the American Stock Exchange, the Home Shopping Network Inc.. This year, HSN took over nine television stations in (Newark, Smithtown, Boston, Baltimore, Philadelphia, Cleveland, Houston, San Francisco and Los Angeles ). This year, Silver King Broadcasting was founded.

Liberty Media took over from the founder Roy M. Speer in December 1992 its shares in HSN. By April 1993 71 % of the shares were come into the possession of Liberty Media. Together with Tele-Communications Inc. is based Home Shopping Network in 1993, the company Home Shopping International for international expansion. In addition, Silver King Broadcasting was given as a spin-off to shareholders.

In 1995, the Internet presence www.HSN.com was released and expanded to an online shopping portal in 1999. Barry Diller in 1995 Chairman of the Board of Home Shopping Network Inc.

In 1995, the acquisition of Ingenious Designs, a company specializing in direct marketing and infomercial company. The acquisition of the brand catalog and the website of Hanover Direct was 2001.

For $ 1.2 billion took on Silver King Broadcasting, the Home Shopping Network in 1996 In 2000, the official name was changed in HSN and with a campaign under the slogan. " Only on HSN ." connected.

On 1 August 2010 HSN launched its offshoot HSN2.

With the acquisition of Cornerstone Brands 2005 HSN acquired the rights:

  • Ballard Designs,
  • Front Gate,
  • Garnet Hill,
  • Grandin Road,
  • Smith Noble,
  • The Territory Ahead and
  • Travel Smith

In 2006, HSN an opportunity to buy the product directly from the remote control. With DISH Network satellite provider was found that could provide this service to all American households are available.

In May 2008 HSNI was separated from the parent company InterActiveCorp and listed on the NASDAQ.

Investments

  • Ventana Television Inc., owns and operates 27 local television
  • Cornerstone Brands
Types of business entity International Securities Identification Number St. Petersburg, Florida Clearwater (Florida) Smithtown (New York) Corporate spin-off Board of Directors
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