The QVC Group, which operates the popular QVC and HSN shopping channels, has filed for Chapter 11 bankruptcy. The company has entered into a restructuring support agreement to reduce its debt from $6.6 billion to $1.3 billion, the QVC Group said in an April 16 news release. Both linear TV shopping channels, broadcast on TV and streamed, and other social media presences will continue operating as…
Read the full article here
