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You are watching 日本QVC Japan channel from Japan. The channel's category is Other and the speaking language is Japanese.
QVC is a specialized channel that broadcasts 24-hour TV shopping . Origin of the name is Q Uality (quality), V Alue (value), C is an acronym for onvenience (convenient). Opened in 1986 in the United States . As of 2017, it is broadcasting in Japan , the United Kingdom , Germany , Italy , and China in addition to the United States .
QVC was founded in the United States in 1986 by Joseph Segel. Broadcast started on November 24, 1986. The first product was a $ 11.49 shower radio. Initially it was broadcast 16 hours a day, but expanded to 24-hour broadcast in early 1987. After being founded as a public company, it had the highest sales in the year ($ 112 million).
In 1989, acquired the competing CVN, which was twice as large at the time.
In January 1993, Barry Diller (former Paramount Pictures , 20th Century Fox of CEO and Chairman) is appointed as chairman.
In 1993, in partnership with B Sky B in the United Kingdom, the British version (QVC UK) began broadcasting in October of the same year.
In 1995, it was acquired by cable TV giant Comcast and TCI ( acquired by AT & T in 1999, and the media division Liberty Media became independent in 2001). Comcast takes control and Barry Diller, who was plotting to buy Paramount Pictures and CBS (both failing) against the backdrop of QVC's financial resources, is banished .
In July 2003, Liberty Media acquired the shares held by Comcast for $ 7.9 billion, making it a wholly owned subsidiary.
