Some big changes may be coming to QVC<\/a> and HSN<\/a>.<\/p>\n News broke on Thursday, April 16, that the networks\u2019 parent company, QVC Group, is reportedly filing for Chapter 11 bankruptcy protection. \u201cAs of the Petition Date, we intend to operate our businesses as a debtor-in-possession under the jurisdiction of the Bankruptcy Court in accordance with the applicable provisions of the Bankruptcy Code and orders of the Bankruptcy Court,\u201d the company wrote in a filing with the Securities and Exchange Commission, per The Hollywood Reporter<\/a>.<\/p>\n The filing continued, \u201cQVC Group and QVC, Inc. intend to request approval from the Bankruptcy Court for a variety of \u2018first day\u2019 motions to continue our ordinary course operations during the Chapter 11 Cases. Although no assurance can be made as to a potential emergence date, QVC Group is targeting emergence from the Chapter 11 Cases within approximately 90 days.\u201d<\/p>\n According to the IRS website<\/a>, Chapter 11 bankruptcy is defined as a \u201creorganization\u201d and allows a debtor to \u201c[use] the time from their bankruptcy filing to the confirmation of their debt repayment plan to reorganize their finances.\u201d Per THR, a company can continue to operate while under Chapter 11 bankruptcy.<\/p>\n It is unknown how the bankruptcy filing will affect QVC and HSN in the future, including whether one or both networks are at risk of shutting down. The news, however, comes one year after QVC Group laid off around 900 staffers.<\/p>\n QVC\/YouTube<\/p>\n<\/div>\n \u201cLinear TV is a highly engaging, highly profitable platform and it remains our cornerstone. However, as traditional TV declines and a mix of video platforms takes a greater share of customer attention, we must hurry our expansion beyond TV to find growth,\u201d the company wrote in a March 2025 shareholders report, per THR<\/a>. \u201cWe are fundamentally redefining who we are as a company and the role we play for our customers and in retail. We enter this next phase of our turnaround with rigor and excitement.\u201d<\/p>\n Back in February, Bloomberg<\/a> reported the QVC Group was \u201cnegotiating a voluntary debt restructuring agreement<\/a> with its creditors that could be implemented as part of a Chapter 11 bankruptcy process.\u201d The decisions come as the networks face debt and viewership decline.<\/p>\n The outlet reported that as of September 2025, QVC Group had $6.6 billion in outstanding group debt, in addition to having to handle a tax liability.<\/p>\n QVC Group previously announced in January 2025 that the company would consolidate QVC and HSN operations at Studio Park in West Chester, Pennsylvania.<\/p>\n