ValueVision Media, Inc., a multichannel electronic retailer, markets, sells and distributes products to consumers through TV, telephone, online, mobile and social media. The company operates a 24-hour television shopping network, ShopHQ, which is distributed primarily through cable and satellite affiliation agreements, through which it offers brand name and private label products. The television network is distributed into approximately 87 million homes, primarily through cable and satellite affiliation agreements, agreements with telecommunications companies such as AT&T and Verizon and the purchase of month-to-month full- and part-time lease agreements of cable and broadcast television time. Programming is also streamed live on the Internet at ShopHQ.com. Programming is also distributed through a company-owned full power television station in Boston, Massachusetts and through leased carriage on a full power television station in Seattle, Washington. In addition to live television programming, the company operates ShopHQ.com, a comprehensive e-commerce platform that sells products which appear on its television shopping channel as well as an extended assortment of online-only merchandise. The company’s live programming and products are also marketed via mobile devices, including smartphones and tablets, and through the social media channels. Products and Product Mix Products sold on its multi-media platforms include primarily jewelry and watches, home and consumer electronics, beauty, health and fitness, and fashion and accessories. Jewelry and Watches: ShopHQ features an assortment of fine and fashion jewelry set in gold, sterling silver, platinum and various plated metals. Additionally, ShopHQ offers a collection of men’s and women’s watches from classic to modern designs. Home and Consumer Electronics: ShopHQ features the latest in home décor, bed and bath textiles, kitchen appliances, mattresses, dining accessories, and home furnishings. With consumer electronics, ShopHQ offers the latest technology trends and solutions for consumer, direct from some of the recognized brands. Beauty, Health and Fitness: ShopHQ offers various skincare, color cosmetics, hair care and bath and body products in addition to nutritional supplements and fitness accessories. Fashion and Accessories: ShopHQ offers an assortment of apparel, outerwear, intimates, handbags, accessories, and footwear. Strategy As a multichannel electronic retailer, the company’s strategy is to offer its customers differentiated quality brands and products at a compelling value proposition. The company also seeks to provide consumers with flexible programming formats and access that allow them to view and interact with its content and products at their convenience — whenever and wherever they are able. Regulations The company’s acquisition and operation of television stations is subject to the Federal Communications Commission regulation under the Communications Act. Competition The company’s direct competitors within its industry include QVC Network, Inc. and HSN, Inc. The American Collectibles Network, which operates Jewelry Television, also competes with the company for customers in the jewelry category. History ValueVision Media, Inc. was founded in 1990. The company was incorporated in 1990.
valuevision media inc-a (VVTV:NASDAQ GS)
6740 Shady Oak Road
Eden Prairie, MN 55344
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