QVC and HSN parent companies file for bankruptcy: What does it mean for customers and what happens next?

QVC and HSN parent companies file for bankruptcy: What does it mean for customers and what happens next?

QVC Group, the company that owns and operates shopping channels QVC and HSN, which have been cable TV mainstays for decades, has filed for Chapter 11 bankruptcy protection for its U.S. operations in the face of massive debt. The company filed documentation for restructuring support agreements with holders representing a “substantial majority” of the company’s … Read more