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QVC, HSN go over shopping list


December 27, 2007 The two dominant U.S. home shopping networks, QVC and HSN, could end up in the same hands next year in a possible deal between John Malone and Barry Diller. It's clear from recent executive comments that the sides are exploring such a deal, but have been haggling about price, with Diller looking to get a premium by valuing the asset on expected future performance improvements. Bringing both networks -- each of which has faced its own challenges -- under the same roof would create a home shopping juggernaut with annual revenue of about $10 billion.

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