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词条 Qurate Retail Group
释义

  1. History

     1998 launch by Liberty Media   Spin offs    2010s sales and acquisitions  

  2. Activities

  3. See also

  4. References

  5. External links

{{Infobox company
| name = Qurate Retail, Inc.
| logo = Qurate Retail logo.svg
| former_name = Liberty Interactive Corporation (1998–2018)
| type = Public
| traded_as = {{unbulleted list|{{NASDAQ|QRTEA}} (Series A)|{{NASDAQ|QRTEB}} (Series B)|NASDAQ-100 Component (QRTEA)|Russell 1000 Component (QRTEA)}}
| foundation = Spin-off from Liberty Media (1998)
| location = Douglas County, Colorado, United States[1]
| key_people = John C. Malone (Chairman)
Greg Maffei (President and CEO)
| industry = Media holding company
| revenue = {{nowrap|{{increase}} US$ 10.219 billion (2016)[2]}}
| operating_income = {{decrease}} US$1.011 billion (2016)[2]
| net_income = {{decrease}} US$473 million (2016)[2]
| assets = {{decrease}} US$14.357 billion (2016)[2]
| equity = {{decrease}} US$4.860 billion (2016)[2]
| owner = John C. Malone[3]
Liberty Media
| num_employees = 28,255 [4]
| num_employees_year = 2017
| divisions = List of divisions
| homepage = {{URL|http://qurateretailgroup.com}}
}}

Qurate Retail Group, formerly known as Liberty Interactive, is an American media conglomerate controlled by company Chairman John C. Malone, who owns a majority of the voting shares.

History

1998 launch by Liberty Media

Liberty Interactive was originally a division of Liberty Media; on September 28, 1998, Liberty Media announced the formation of Liberty Interactive, a division which would take advantage of new technologies such as set-top boxes to develop interactive programming. The company owned eighty-six percent of TCI Music Inc. (NASDAQ symbol: TUNE/TUNEP). As of January 1, 1999, E! Entertainment President and Chief Executive Officer Lee Masters would become the new company's CEO, and Bruce Ravenel would be Chief Technology Officer.[5]

On September 10, 1999, Liberty Media Group renamed TCI Music to Liberty Digital Inc. (NASDAQ symbol: LDIG), with the new company trading on NASDAQ's National Market tier, after Liberty Media traded most of its Internet content, interactive television assets, and rights to provide AT&T's cable systems with interactive services, plus cash and notes valued at $150 million, for TCI Music stock.[6] Masters, who became Liberty Digital's CEO, told The Wall Street Journal that the new company had a value of $1 billion, $650 million of that from the interactive unit of Liberty Media, which had also used the name Liberty Digital.[7] Liberty Digital lost $244 million with revenue of $66 million in 1999, thanks to investments in struggling Internet businesses HomeGrocer, drugstore.com, TiVo Corporation and iVillage. The company bought half of the Game Show Network because of its interactive features.[8]

On December 17, 1999, TCI Satellite Entertainment Inc. (TSAT), based in Englewood, Colorado, announced that Liberty Media was trading its interest in Sprint PCS for $300 million in TCI Satellite preferred stock. A new company, ninety percent owned by Liberty Media and ten percent owned by TCI Satellite, would combine the satellite-related businesses and take advantage of the growing area of Internet content.[9]

Spin offs

In 2004, IAC/Interactive announced the spin off of its travel site Expedia.com into the new company Expedia. Barry Diller remained the head of IAC/Interactive, and the Chairman of Expedia,[10] a move that was completed in 2005.[11]

In November 2007, IAC/InterActiveCorp, then valued at US$18 billion, announced four major spin offs : HSN, Ticketmaster, Interval (vacation and time-share business) and LendingTree. All spun off companies became publicly-traded. IAC retained most of its emerging internet businesses: Ask.com, Evite, Match.com , Vimeo, Citysearch and Zwinky. All spun off units were still headed by Barry Diller.[12][13]

In 2010, Liberty Media announced that it would spin off Liberty Starz and Liberty Capital and keep Liberty Interactive.[14][15]

In October 2014, Liberty Interactive spun off BuySeasons and its stake in TripAdvisor into a new company, Liberty TripAdvisor Holdings.[16]

In 2015, Liberty Interactive announced it would spin off CommerceHub as a separate company and its interests in Expedia and Bodybuilding.com into a new company, Liberty Expedia Holdings.[17]

2010s sales and acquisitions

In July 2014, Liberty Interactive announced it would be selling Provide Commerce (parent of ProFlowers) to FTD in return for an equity stake in FTD.[18]

In October 2014, Liberty Interactive announced its board had approved the division of the firm into two trading stocks – one for its shopping business, QVC Group, and another for its digital commerce, Liberty Digital Commerce, which will trade as Liberty Ventures Group.[19]

In April 2017, Liberty Interactive announced it would acquire Alaskan cable company GCI.[20] On July 6, 2017, Liberty Interactive announced that it would purchase the remaining 62% of HSN stock that it didn't already own, in a $2.1 billion all-stock deal at $40.36 a share.[21][22][23]

In July 2017, Liberty Interactive announced that later that year it would spin off its "cable holdings and other non-retail assets" into the new company Liberty Ventures, with Liberty Interactive to be renamed QVC Group. QVC Group will consist of QVC, HSN, Cornerstone Brands, and Zulily.[24]

On March 1, 2018, Liberty Interactive Corporation announced that it will rename itself to Qurate Retail Group.[25]

Activities

  • Qurate Retail Group: QVC, Inc., zulily, HSN, Cornerstone Brands
  • Liberty Ventures: www.ebaby.com
  • Interests in: Brit + Co, FTD, giggle, ILG, Liberty Broadband, LendingTree, Quid

See also

  • List of Colorado companies

References

1. ^The postal designation of Englewood, a city in neighboring Arapahoe County, is used in the company’s mailing address.
2. ^{{cite web|url=https://www.google.com/finance?q=NASDAQ%3AQVCA&fstype=ii&ei=Fq6SWPCMNdbxugT4gYyoBQ|title= Qurate Retail Group|publisher= Google Finance}}
3. ^https://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/telecoms/12010847/Liberty-Global-snaps-up-Cable-and-Wireless-in-3.6bn-deal.html
4. ^{{Cite web|url=http://fortune.com/fortune500/qurate-retail/|title=Qurate Retail|website=Fortune|language=en-US|access-date=2018-11-27}}
5. ^(Press Release) http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/04-16-1999/0000910826&EDATE= (via PR Newswire). Retrieved March 5, 2009.
6. ^(Press Release) http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/09-10-1999/0001019050&EDATE= (via PR Newswire). Retrieved March 5, 2009.
7. ^{{Cite web|title = Liberty Media, TCI Form Internet Group – InternetNews.|url = http://www.internetnews.com/bus-news/article.php/93631/Liberty%20Media%20TCI%20Form%20Internet%20Group.htm|website = www.internetnews.com|accessdate = 2015-04-24}}
8. ^{{cite news | author = Doan, Amy |title=Liberty Is Sweet on Interactive TV |url=https://www.forbes.com/2000/08/26/feat.html |work= Forbes |date= August 26, 2000 |accessdate= March 5, 2009 }}
9. ^ . (via PR Newswire). Retrieved February 24, 2009.
10. ^{{Cite news|url=http://www.foxnews.com/story/2004/12/21/barry-diller-iacinteractive-to-spin-off-expedia.html|title=Barry Diller's IAC/InterActive to Spin Off Expedia|last=Reuters|first=|date=21 December 2004|work=FOX News|access-date=30 August 2018}}
11. ^{{Cite news|url=https://viewfinder.expedia.com/news/iac-completes-spin-off-of-expedia-inc/|title=IAC/InterActiveCorp (Nasdaq: IACI) today announced the successful completion of the spin-off of Expedia, Inc. to IAC shareholders|last=|first=|date=9 August 2005|work=Viewfinder|access-date=30 August 2018}}
12. ^{{Cite news|url=https://www.reuters.com/article/us-iac/iac-to-spin-off-four-units-shares-up-idUSWNAS036220071105|title=IAC to spin off four units, shares up|last=Gershberg|first=Michele|date=5 November 2007|work=Reuters|access-date=30 August 2018}}
13. ^{{Cite news|url=https://www.nytimes.com/2007/11/06/technology/06diller.html|title=IAC/InterActive to Split Into 5 Companies|last=Fabrikant|first=Geraldine|date=6 November 2007|work=New York Times|access-date=30 August 2018}}
14. ^[https://www.aol.com/2010/06/21/liberty-media-spin-off-liberty-capital-liberty-starz/ Liberty Media Will Spin Off Liberty Capital and Liberty Starz]
15. ^company history – Liberty Media
16. ^{{Cite news| title = Liberty Interactive files to spin off TripAdvisor stake| work = Reuters| accessdate = 2017-09-24| date = 2014-05-06| url = https://www.reuters.com/article/us-libertyinteractive-divestiture/liberty-interactive-files-to-spin-off-tripadvisor-stake-idUSBREA450E320140506}}
17. ^{{Cite news| title = Liberty Interactive to spin off CommerceHub, Liberty Expedia| work = Reuters| accessdate = 2017-09-24| date = 2015-11-12| url = https://www.reuters.com/article/us-liberty-interactive-divestiture/liberty-interactive-to-spin-off-commercehub-liberty-expedia-idUSKCN0T11GF20151112}}
18. ^[https://www.bizjournals.com/denver/news/2014/07/30/ftd-to-buy-liberty-interactives-floral-gift.html FTD to buy Liberty Interactive's floral-gift business for $430M]
19. ^{{cite press release | publisher=Reuters| date=6 October 2014| title=Liberty Interactive splits into cable shopping, e-commerce groups | url=https://www.reuters.com/article/2014/10/03/us-liberty-intrctve-divestiture-idUSKCN0HS25820141003}}
20. ^{{Cite web| title = Liberty Interactive Buys GCI of Alaska| work = Telecompetitor| accessdate = 2017-09-24| url = http://www.telecompetitor.com/liberty-interactive-buys-gci-of-alaska/}}
21. ^{{cite press release | publisher=Wall Street Journal| date=6 July 2017| title=QVC to Acquire Rival HSN for More Than $2 Billion | url=https://www.wsj.com/articles/qvc-to-acquire-rival-hsn-for-more-than-2-billion-1499343460}}
22. ^{{cite press release | publisher=CNBC| date=6 July 2017| title=QVC buying longtime rival Home Shopping Network in deal valued at $2.1 billion | url=https://www.cnbc.com/2017/07/06/liberty-interactive-to-buy-hsn-in-deal-valued-at-2-point-1-billion.html0}}
23. ^{{cite news|last1=Isidore|first1=Chris|title=QVC buying rival Home Shopping Network|url=http://money.cnn.com/2017/07/06/news/companies/qvc-home-shopping-network/index.html|accessdate=6 July 2017|publisher=CNN Money|date=6 Jul 2017}}
24. ^{{cite news |last1=Bond |first1= Shannon |last2= Kwan Yuk |first2=Pan |date=July 6, 2017 |url=https://www.ft.com/content/98bf8ecc-6260-11e7-8814-0ac7eb84e5f1|title=Liberty to combine QVC and HSN in $2.1bn deal | work=Financial Times |location=United Kingdom |access-date=July 9, 2017}}
25. ^{{cite web|title=Liberty Interactive to Change Name to Qurate Retail Group|url=https://www.prnewswire.com/news-releases/liberty-interactive-to-change-name-to-qurate-retail-group-300606607.html|website=www.prnewswire.com|accessdate=8 March 2018|language=en}}

External links

  • Official website
{{Finance links
| name = Liberty Interactive
| symbol = LVNTA
| sec_cik = LVNTA
| yahoo = LVNTA
| google = LVNTA
}}{{Liberty Interactive}}{{Portal bar|Companies|Film|Television}}

8 : Media companies of the United States|Conglomerate companies of the United States|Holding companies of the United States|Companies based in Colorado|Douglas County, Colorado|Media companies established in 1998|Holding companies established in 1998|Companies listed on NASDAQ

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