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Balance Sheet Cash Flow Statement 6740 Shady Oak Rd. Eden Prairie, MN 55344 MN Tel. 952-943-6000 Fax 952-943-6711 |
Type: Public
On the web:
http://www.valuevisionmedia.com
Employees:
870
Employee growth: (20.9%)
Shopaholic insomniacs turn on ValueVision Media's 24-hour, at-home shopping channel. Its ShopNBC unit, which trails industry leaders QVC and IAC/InterActiveCorp's HSN, sells jewelry (more than a third of sales), computers and electronics, housewares, apparel, cosmetics, watches, and collectibles. The shopping network reaches some 72 million home throughout the US via cable and satellie TV. Programming is also streamed live on the Web. Typical viewers are women over 35 with household incomes exceeding $50,000. ValueVision Media also operates an e-commerce site (ShopNBC.com). The company has shut down its FanBuzz subsidiary, an e-commerce and solutions provider of affinity-based sports merchandise.
Key numbers for fiscal year ending January, 2009:
Sales: $567.5M
One year growth: (27.4%)
Net income: ($97.8)M
Officers:
Chairman: Randy S. Ronning
SVP and CFO: Frank Elsenbast
VP Information Technology: Ashish Akolkar
