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QVC, HSN Owner Files for Bankruptcy, but Shopping Shows to Continue

by TheAdviserMagazine
1 day ago
in Markets
Reading Time: 1 min read
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QVC, HSN Owner Files for Bankruptcy, but Shopping Shows to Continue
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USA TODAY Network / Reuters

The QVC Group, which operates the popular QVC and HSN shopping channels, has filed for Chapter 11 bankruptcy. The company has entered into a restructuring support agreement to reduce its debt from $6.6 billion to $1.3 billion, the QVC Group said in an April 16 news release. Both linear TV shopping channels, broadcast on TV and streamed, and other social media presences will continue operating as…



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