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...silver bracelets and cubic-zirconia rings, plus a series of scandals, mired the medium at the low end of the retail business, even as it grew to gross about $2.2 billion a year. Recently, though, home shopping has spiffed up its image, thanks in part to media mogul Barry Diller. Since joining QVC as chairman six months ago, Diller has buffed the industry's reputation by luring Saks Fifth Avenue and famous designers like Diane von Furstenberg to sell goods on television. And in a move that could further help clean up and expand the business, he proposed last week...

Author: /time Magazine | Title: Attention TV Shoppers | 7/26/1993 | See Source »

...Diller, the transaction will provide QVC with the financial strength to withstand an onslaught of new competition from big department stores like R.H. Macy and Nordstrom, all of which have announced plans to enter the home- shopping business. Combined, QVC and HSN will generate about $147 million in annual cash flow, which would come in handy to finance Diller's dream of taking TV shopping to its next evolutionary stage: making it interactive. An advanced interactive system would let viewers browse through a sort of "video catalog" of a store's merchandise and place orders on-line and on-screen...

Author: /time Magazine | Title: Attention TV Shoppers | 7/26/1993 | See Source »

...combine shopping and entertainment. They envision the channel, dubbed Best TV by company executives, running, say, an hour of country-music videos featuring C.-and-W. stars like Clint Black and Garth Brooks, followed by a segment devoted to selling cowboy boots and other Western-style apparel. But Diller is not yet totally convinced that such synergy exists. "You won't see dancing and singing toasters...

Author: /time Magazine | Title: Attention TV Shoppers | 7/26/1993 | See Source »

...BARRY DILLER...

Author: /time Magazine | Title: Winners & Losers: May 31, 1993 | 5/31/1993 | See Source »

Anyone who thinks interactive television will change the world (and entertainment mogul Barry Diller recently bought into a video shopping network on just this premise) must regard the Home Shopping Network with some awe. It was the first major firm to take orders over the phone while selling its products on TV, and when it debuted on cable in 1982 it was an instant and wild success. The company has faltered in recent years, however, and now faces problems much worse than business reversals...

Author: /time Magazine | Title: Zirconia Futures Dive | 4/26/1993 | See Source »

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