HSNi owns and operates HSN, a retailer and interactive lifestyle network offering a broad assortment of products through television home shopping programming on the HSN television network and HSN.com ("HSN"). HSN strives to transform the shopping experience by incorporating experts, entertainment, inspiration, solutions, tips and ideas in connection with the sale of products through the HSN television network and HSN.com. HSNi also owns and operates the Cornerstone Brands portfolio of catalogs and related websites, including Frontgate, Ballard Designs, Garnet Hill, Smith+Noble, The Territory Ahead, TravelSmith and Improvements, as well as a limited number of retail stores. HSNi has two operating segments, HSN and Cornerstone. For the fiscal year ended December 31, 2007, HSN and Cornerstone represented approximately 65% and 35%, respectively, of HSNi's combined revenue of $2.9 billion.
When and where was HSNi founded?
HSNi's predecessor company began broadcasting television home shopping programming from its studios in St. Petersburg in 1981, and by 1985, was broadcasting this programming through a national network of cable and local television stations 24 hours a day, seven days a week. The company continued to broaden its national distribution network through a combination of cable, satellite and broadcast systems, and as of December 31, 2007, the HSN television network reached approximately 90.6 million homes in the United States. The company expanded its reach in the catalog business through the acquisition of Cornerstone on April 1, 2005.
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.
Where is HSNi common stock traded and what is its ticker symbol?
HSNi common stock is traded on the NASDAQ Global Select Market under the symbol HSNI.
How many people are employed by HSNi and its subsidiaries?
HSNi had over 5,000 full-time employees as of March 31, 2009.
Who is HSNi's transfer agent and how can I contact them?
I am a shareholder and have a change of address. How can I get this updated?
All personal shareholder information for shareholders holding shares in their own name (as opposed to through a broker or other representative) is handled by our transfer agent, BNY Mellon Shareowner Services (877-296-3711). If your shares are held in a brokerage account, you should contact your broker about a change of address.
Research reports should be obtained through your stockbroker or through a financial institution that provides brokerage services.
Does HSNi have a Direct Stock Purchase Plan?
HSNi does not offer a direct purchase plan for investors at this time. Shares of HSNi stock can be purchased through a broker.
I have a restrictive legend on my stock certificate. How do I get it removed?
The requirements that must be satisfied in order to lift a restrictive legend differ depending upon when, how and from whom you acquired the restricted shares. Accordingly, requests to remove restrictive legends are evaluated on a case by case basis. To request assistance with the removal of a restrictive legend, please contact Investor Relations (727-872-7069), which will arrange for a member of HSNi's Legal Department to contact you directly to discuss whether your restrictive legend can be lifted and, if so, what documentation will be required from you and/or your broker (and potentially other advisors, if applicable).
How can I obtain information about my HSNi common stock account or transfer ownership of my HSNi common stock?
If your shares of HSNi common stock are held through your broker, you should contact him or her directly. If your shares are held in your own name (i.e., not through a broker), all account information, as well as assistance with transactions such as stock transfers, is available through our transfer agent, BNY Mellon Shareowner Services (877-296-3711).
How can I receive an Investor Packet?
You can either fill out the Information Request form and one will be sent to you, or you can download the items directly from the Information Request page.
What if I have additional questions?
You may contact Investor Relations via email at ir@hsn.net or via phone by calling 727-872-7069.
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