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Liberty Interactive Corporation Message Board

  • marubozo100 marubozo100 Dec 15, 2008 2:58 PM Flag

    Jupiter Shop Channel

    IACI recently sold its 30% share of Jupiter Shop Channel for $493M to Sumitomo. That might suggest a total value of $1.643B. It is the #1 shop channel in Japan with 24M homes.

    The implied value to Jupiter is GREATER than the combined marketcap of QVC+HSNi+VVTV by $10M.

    The current economic meltdown is global. Japan's economy is impacted just as the US.

    Jupiter was started in 1996.

    Either Sumitomo is the dumbest organization on earth or.....?

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