QVC Extends Global Reach to Italy

QVC Extends Global Reach to Italy

WEST CHESTER, Pa., Sept. 26 /PRNewswire/ -- QVC, Inc., one of the world's largest multimedia retailers, today announced it plans to expand its international presence with the addition of programming in Italy. With the launch of QVC Italy, scheduled for October 2010, QVC will have four international electronic retailing operations.

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"We view Italy as an essential market in the expansion of our international presence and are very excited about the growth prospects it offers," said Mike George, QVC's president and CEO. "QVC's presence in Italy is just one example of the many growth opportunities we are pursuing."

The primary distribution platform for QVC Italy will be Telecom Italia Media Broadcasting's digital terrestrial television (DTT) system, which currently reaches approximately 6.1 million homes in Italy. That number is expected to grow to as many as 8.8 million homes by January 2010.

"For many reasons we feel Italy is the perfect choice for our next international venture," said David Frey, president of QVC International. "It has always been a great source of merchandise for us and we are thrilled to have the opportunity to introduce QVC to the Italian people."

In addition to QVC's U.S. operations, it currently has international broadcast operations in the United Kingdom, Germany and Japan.

ABOUT QVC

QVC, Inc., a wholly owned subsidiary of Liberty Media Corporation attributed to the Liberty Interactive Group (NASDAQ:LINTA) , is one of the largest multimedia retailers in the world, with annual revenue of more than $7 billion. QVC is committed to providing its customers with thousands of the most innovative and contemporary beauty, fashion, jewelry and home products. Its programming is distributed to more than 166 million homes worldwide. The company's Web site, QVC.com, is ranked among the top general merchant Internet sites. With subsidiaries in the United Kingdom, Germany and Japan, West Chester, Pa.-based QVC has shipped more than a billion packages in its 22-year history. QVC, Q, and the Q Ribbon Logo are registered service marks of ER Marks, Inc.

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Source: QVC, Inc.

CONTACT: Tara Hunter of QVC, Inc., +1-484-701-8163, Tara.Hunter@QVC.com

Web site: http://www.qvc.com/

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Profile: International Entertainment