Shop LC, legal name The Jewelry Channel, Inc. and formerly known as Liquidation Channel, is an American cable network based in Austin, Texas which mainly specializes in selling jewelry. The network is a subsidiary of the Indian-based Vaibhav Global Limited.
The network's reach is approximately 77 million households in the United States. The network sells inventory in a reverse auction format. It additionally airs late nights on the American Spanish-English network LATV through a time brokerage agreement, and has 39 over-the-air affiliates in mid-to-major markets through digital subchannels. The channel primarily sells jewelry, along with fashion accessories such as scarves and handbags.
Video Shop LC
History
The channel was launched as The Jewelry Channel in 2007, but switched over to a discount liquidation model in 2009 and the new name Liquidation Channel due to a lack of demand for luxury items in the Great Recession, and to reduce confusion with the already-existing Jewelry Television.
America's Collectibles Network Inc. sued The Jewelry Channel Inc. USA for patent infringement over a reverse auction patent in June 2013. In October 2015, the Patent Trial and Appeal Board had invalidated the patent under the Alice Supreme Court ruling as the patent only contained the concept. On May 28, 2015, two customers sued the channel over falsely advertised discounts.
On January 9, 2017, Liquidation Channel officially rebranded itself as Shop LC; it had already removed all uses of the Liquidation Channel branding in full throughout 2016, branding solely as "LC". The meaning of the LC abbreviation was also changed so the channel's name now stands for "Shop Low-Cost".
Maps Shop LC
See also
- The Jewellery Channel
- Vaibhav Global Limited
External links
- Shop LC website
References
Source of article : Wikipedia
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