News

Investor FAQs

What are HSNi's principal businesses?

HSNi is an interactive multichannel retailer with strong direct-to-consumer expertise among its two operating segments, HSN and Cornerstone. HSNi offers innovative, differentiated retail experiences on TV, online, via mobile devices, in catalogs, and in brick and mortar stores. HSN, a leading interactive multichannel retailer which offers a curated assortment of exclusive products combined with top brand names, reaches approximately 90 million homes. HSN.com offers a differentiated digital experience by leveraging content, community and commerce. Cornerstone comprises leading home and family lifestyle brands including Ballard Designs®, Frontgate®, Garnet Hill®, Grandin Road®, and Improvements®. Cornerstone operates separate e-commerce sites for all the brands, distributes approximately 280 million catalogs annually, and has 16 retail and outlet stores.

Where are HSNi headquarters located?

Our principal offices are located at 1 HSN Drive, St. Petersburg, Florida 33729 and our main telephone number is 727-872-1000

When and where was HSNi founded?

HSNi's predecessor company began broadcasting from its studios in St. Petersburg in 1981, and by 1985, was broadcasted nationally through a network of cable and local television stations 24 hours a day, seven days a week. The company has continued to broaden its national distribution network through a combination of cable, satellite and broadcast systems, and as of September 30, 2017, the HSN television network reached approximately 90 million homes in the United States.  The company has also expanded its presence through its digital platforms, including online, via mobile devices and social mediums and has evolved into a leading interactive multichannel retailer.  In 2005, the company further expanded its reach through the acquisition of Cornerstone Brands, a portfolio of aspirational home and family lifestyle brands, including Ballard Designs®, Frontgate®, Garnet Hill®, Grandin Road®, and Improvements®.

How many people are employed by HSNi and its subsidiaries?

HSNi has approximately 6,500 employees as of January 2017.

When did HSNi become public?

In August 2008, HSNi was spun-off from its former parent company IAC/InterActiveCorp, and became a separately traded public company until it was purchased by Liberty Interactive (described below). 

When was HSNi purchased by Liberty Interactive Corporation?

On July 6, 2017, HSNi and Liberty Interactive Corporation ("Liberty") jointly announced that they had entered into an agreement whereby Liberty will acquire the approximately 62% of HSNi it did not already own in an all-stock transaction ("Liberty Merger Agreement"). The transaction was completed on December 29, 2017.