QVC (UK)

QVC (UK)

QVC UK is a digital television shopping channel broadcast in the United Kingdom. It was formed in 1993 when QVC, Inc. formed a deal with Sky TV to create a UK version of the US channel. "QVC — The Shopping Channel" first broadcast in the UK on 1 October 1993. QVC UK - 20% owned by Sky - moved into profit after five years of broadcasting. In 1998, it turned its first net profit (£12.5 million), against a loss of £228,000 in 1997.