Joseph Segel, founder of home shopping channel QVC, dies at the age of 88
To honour his contributions to the company, QVC will make a donation in his name to Philabundance, his charity of choice
Joseph Segel, the man who founded popular home-shopping channel QVC, passed away on Saturday at the age of 88. According to media reports, Qurate Retail Group conveyed the news of his death in a statement in a press release.
The Philadelphia-born Segel founded QVC (short for Quality, Value and Convenience) in 1986 to rival the existing Home Shopping Network. In a career that spanned more than five decades, he founded over 20 companies in publishing, software, hospitality and photography, apart from broadcasting.
He served as the chairman of QVC but retired in 1993. He stayed with the company as an advisor until 2013. He won many accolades in his lifetime and was inducted into the Direct Marketing Association’s Hall of Fame.
To honour his contributions to the company, QVC will make a donation in his name to Philabundance, his charity of choice.
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