QVC (Quality, Value, Convenience) was founded in 1986 in West Chester, Pennsylvania by Joseph Segel. They quickly signed a two year deal with Sears and on their first broadcast were able to reach 7.6 million homes.
The station originally broadcast in the evenings on weekdays and all weekend long but moved to a 24 hour schedule only 2 months after launching.
In 1989, the company acquired CVN Cable Value Network.
In 1993, Segel retires and is replaced by Barry Diller as CEO.
In 1995, QVC was acquired by Comcast.
QVC.com was launched in 1996.
In 2003, Liberty Media acquires Comcast’s shares of QVC and becomes the parent company.
In 2010, the company began to broadcast in Italy.
QVC currently broadcasts in 5 countries (US, UK, Japan, Germany and Italy) to over 200 million households.
