Word: qvc
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...will another suitor bust up the CBS-QVC union...
...Diller is close to it, and that could create some rancor among QVC shareholders. As the business colleague notes, "They could say, 'Hey, you worked on this for a year and a half, and all you did was get me five bucks over what it was worth when you came in, and this half of what it was worth a year...
Whatever the obstacles, the CBS-QVC merger could be a quick, happy fix for two media barons under pressure. Diller gets to make a network grow into a giant of cable, broadcasting and only he knows what else (theatrical movies? video games? TV serials for home shoppers?). And CBS gets Diller. In essence, to secure an heir, Tisch bought a company. And a legacy. "Larry gets to walk out," says the TV-industry executive, "not as a failure, but as someone who took the company and turned it around. Now he's a winner: he's probably $400 million ahead...
...face, at least, the merger solves so many problems. Says the TV exec: "Here you put together two companies that seemingly were in trouble. QVC is basically a single great executive with an asset that has no future. CBS is a great asset with a great future but an executive that has no vision. So it was a perfect marriage...
...head scores QVC megamerger -- hey, you can't lose...