Word: furstenberg
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...else comes along, Diller can console himself with the $100 million or so that he stands to make by selling his QVC holdings to Comcast. But that is not likely to calm a restless Diller. "Barry's not a pig," says his close friend Diane Von Furstenberg. "The money is a consequence, but not his first goal. Barry has always fulfilled his dreams...
...EDITOR" Diane von Furstenberg...
...million infomercial business have resulted in the marketing of fewer gadgets ending in the suffix o-matic. In addition, Barry Diller's purchase of QVC has given the entire home-shopping industry an element of cachet. Diller was introduced to QVC by his friend Diane Von Furstenberg, who sells a line of women's clothes on the channel, and he is luring other upscale designers, among them Karl Lagerfeld, who has expressed interest in selling his chic apparel on the network...
...interested parties. So unless Viacom chairman Sumner Redstone decides to raise his bid, his company could be the loser. Diller, who watched the hearing on television from QVC's West Chester, Pennsylvania, offices, said he was "delighted" with the ruling. "Obviously he's very happy," said designer Diane von Furstenberg, a confidant. Yet neither she nor Diller was ready to declare final victory in the Paramount struggle. "Nothing is ever a fait accompli in life," Von Furstenberg said. "Only the future will tell. But so far, so good...
...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 a $1.2 billion merger between QVC, the nation's largest video retailer, and the No. 2 operator, troubled Home Shopping Network...