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QVC is a West Goshen Township, Pennsylvania, USA, multinational corporation, specializing in televised home shopping. Founded in 1986 by Joseph Segel, QVC broadcasts in four countries (US, UK, Germany and Japan) to 141 million consumers. The name is an initialism—standing for Quality, Value, Convenience. QVC, Inc., one of the largest multimedia retailers in the world, broadcasts live 24 hours a day, 364 days a year. A wholly owned subsidiary of Liberty Media Corporation attributed to the Liberty Interactive Group (Nasdaq: LINTA), QVC was founded in 1986 by Joseph Segel. In its first full fiscal year, QVC’s revenues exceeded $112 million, setting a record in American business history for sales of a new public company.

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