| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
29 |
| Employees |
617 |
| Revenues (TTM) (Millions $) |
605 |
| Net Income (TTM) (Millions $) |
-52 |
| Cash Flow (TTM) (Millions $) |
-45 |
| Capital Exp. (TTM) (Millions $) |
10 |
Business Description
Imedia Brands Inc. (formerly known as ValueVision Media Inc.) is a retail company that operates a TV network and e-commerce website under the brand name ShopHQ. The company's headquarters is located in Eden Prairie, Minnesota, USA. It was founded in 1990 as an American cable, satellite, and broadcast television network that specializes in home shopping.
ShopHQ offers a wide range of consumer products, including jewelry, beauty products, watches, apparel, home decor, technology, and sports gear, among others. The company uses different formats to showcase the products, including live presentations, infomercials, and short-form videos. Customers can place orders through the website, mobile app, or by calling the customer service center.
The company has an extensive distribution network, including cable and satellite TV providers, over-the-air broadcast stations, and online streaming platforms. It reaches over 87 million homes in the United States alone, making it one of the largest home shopping networks in the country.
In addition to its core business, Imedia Brands Inc. also offers production and broadcasting services to other companies. It has a team of experienced producers, writers, and hosts who create and produce content for TV and digital platforms. The company has produced shows for popular brands like Wolfgang Puck, Paula Deen, and Emeril Lagasse, among others.
Imedia Brands Inc. has gone through a series of name changes and rebranding efforts over the years. In 2015, the company changed its name from ValueVision Media Inc. to EVINE Live Inc. and later to Imedia Brands Inc. in 2020 as a part of their rebranding strategy.
In recent years, the company has faced stiff competition from other home shopping networks and e-commerce giants like Amazon. However, it has continued to invest in technology, content, and customer service to stay relevant and competitive.
Company Address: 6740 Shady Oak Road Eden Prairie 55344 MN
Company Phone Number: 943-6000 Stock Exchange / Ticker: NASDAQ IMBI
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