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About
the Home Shopping Network:
HSN,
an operating business of IAC/InterActiveCorp (Nasdaq: IACI),
originated the electronic retailing concept in 1977 on a small
AM radio station in Florida. The company has since evolved into
a global multichannel retailer on TV, where HSN is now the 4th
largest cable television network in the U.S.; the Internet,
through hsn.com; and catalogs such as Improvements and Home
Focus. In 2003, HSN generated worldwide consolidated sales of
$2.2 billion, answered 62 million calls and delivered 50 million
packages worldwide. |
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