# EDGAR Filing Document

**Accession Number:** 0001313978
**File Stem:** 0000950170-25-113981
**Filing Date:** 2025-9
**Character Count:** 15302
**Document Hash:** ff3cec5047e9b97f571433242bdeb788
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000950170-25-113981.hdr.sgml**: 20250910

**ACCESSION NUMBER**: 0000950170-25-113981

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13G

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20250910

**DATE AS OF CHANGE**: 20250910

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** QVC Group, Inc.
- **CENTRAL INDEX KEY:** 0001355096
- **STANDARD INDUSTRIAL CLASSIFICATION:** RETAIL-CATALOG & MAIL-ORDER HOUSES [5961]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 841288730
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13G
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-81951
- **FILM NUMBER:** 251305996

**BUSINESS ADDRESS:**
- **STREET 1:** 1200 WILSON DRIVE
- **CITY:** WEST CHESTER
- **STATE:** PA
- **ZIP:** 19380
- **BUSINESS PHONE:** 4847011000

**MAIL ADDRESS:**
- **STREET 1:** 1200 WILSON DRIVE
- **CITY:** WEST CHESTER
- **STATE:** PA
- **ZIP:** 19380

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Qurate Retail, Inc.
- **DATE OF NAME CHANGE:** 20180409

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Liberty Interactive Corp
- **DATE OF NAME CHANGE:** 20110923

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LIBERTY MEDIA CORP
- **DATE OF NAME CHANGE:** 20060512
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Permit Capital, LLC
- **CENTRAL INDEX KEY:** 0001313978

**ORGANIZATION NAME:**
- **EIN:** 020602672
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13G

**BUSINESS ADDRESS:**
- **STREET 1:** ONE TOWER BRIDGE, 100 FRONT ST., STE 900
- **CITY:** WEST CONSHOHOCKEN
- **STATE:** PA
- **ZIP:** 19428
- **BUSINESS PHONE:** 610-941-5006

**MAIL ADDRESS:**
- **STREET 1:** ONE TOWER BRIDGE, 100 FRONT ST., STE 900
- **CITY:** WEST CONSHOHOCKEN
- **STATE:** PA
- **ZIP:** 19428

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13G

### Under the Securities Exchange Act of 1934

**Issuer:** QVC Group, Inc.

**Title of Class of Securities:** Series A Common Stock

**CUSIP Number:** 74915M605

**Date of Event Which Requires Filing of this Statement:** 09/03/2025

**Check the appropriate box to designate the rule pursuant to which this Schedule is filed:**

- [ ] Rule 13d-1(b)

- [x] Rule 13d-1(c)

- [ ] Rule 13d-1(d)

---

| 1. | Names of Reporting Persons<br>Permit Capital, LLC | Names of Reporting Persons<br>Permit Capital, LLC |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>361790 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>361790 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>361790 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>361790 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>4.6% | Percent of Class Represented by Amount in Row (9)<br>4.6% |
| 12. | Type of Reporting Person (See Instructions)<br>IA | Type of Reporting Person (See Instructions)<br>IA |

**Comment for Type of Reporting Person:** The percentage calculation from line 11 is based on 7,885,884 outstanding shares of Series A Common Stock as of July 31, 2025 (per the Issuer's August 7, 2025 10-Q).

---

| 1. | Names of Reporting Persons<br>Permit Capital Enterprise Fund, LP | Names of Reporting Persons<br>Permit Capital Enterprise Fund, LP |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>361790 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>0 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>361790 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>0 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>361790 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>361790 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>4.6% | Percent of Class Represented by Amount in Row (9)<br>4.6% |
| 12. | Type of Reporting Person (See Instructions)<br>PN | Type of Reporting Person (See Instructions)<br>PN |

**Comment for Type of Reporting Person:** The percentage calculation from line 11 is based on 7,885,884 outstanding shares of Series A Common Stock as of July 31, 2025 (per the Issuer's August 7, 2025 10-Q).

---

| 1. | Names of Reporting Persons<br>Permit Capital GP, LP | Names of Reporting Persons<br>Permit Capital GP, LP |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>361790 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>361790 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>361790 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>361790 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>4.6% | Percent of Class Represented by Amount in Row (9)<br>4.6% |
| 12. | Type of Reporting Person (See Instructions)<br>PN | Type of Reporting Person (See Instructions)<br>PN |

**Comment for Type of Reporting Person:** The percentage calculation from line 11 is based on 7,885,884 shares of Series A Common Stock as of July 31, 2025 (per the Issuer's August 7, 2025 10-Q).

---

| 1. | Names of Reporting Persons<br>John C. Broderick | Names of Reporting Persons<br>John C. Broderick |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>X1 | Citizenship or Place of Organization<br>X1 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>90801 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>361790 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>90801 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>361790 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>452591 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>452591 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>5.7% | Percent of Class Represented by Amount in Row (9)<br>5.7% |
| 12. | Type of Reporting Person (See Instructions)<br>IN | Type of Reporting Person (See Instructions)<br>IN |

**Comment for Type of Reporting Person:** The percentage calculation from line 11 is based on 7,885,884 shares of Series A Common Stock as of July 31, 2025 (per the Issuer's August 7, 2025 10-Q).

---

**Item 1(a). Name of Issuer:**
QVC Group, Inc.

**Item 1(b). Address of Issuer's Principal Executive Offices:**
1200 Wilson Drive, West Chester, PA 19380

**Item 2(a). Name of Person Filing:**
Permit Capital, LLC
Permit Capital Enterprise Fund, LP
Permit Capital GP, LP
John C. Broderick

**Item 2(b). Address of Principal Business Office:**
Permit Capital, LLC
One Tower Bridge, 100 Front Street, Ste. 900
West Conshohocken, PA 19428

Permit Capital Enterprise Fund, LP
100 Front Street, Ste. 900
West Conshohocken, PA 19428

Permit Capital GP, LP
100 Front Street,
West Conshohocken, PA 19428

John C. Broderick
100 Front Street, Ste. 900
West Conshohocken, PA 19428

**Item 2(c). Citizenship:**
Permit Capital, LLC is a Delaware limited liability company.
Permit Capital Enterprise Fund, LP is a Delaware limited partnership.
Permit Capital GP, LP is a Delaware limited partnership.
John C. Broderick is a citizen of the United States of America.

**Item 2(d). Title of Class of Securities:**
Series A Common Stock

**Item 2(e). CUSIP Number:**
74915M605

**Item 3. If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:**

(a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

(d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

(e) [ ] An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);

(f) [ ] An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);

(g) [ ] A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

(h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j) [ ] A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), if filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:

(k) [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).

**Item 4. Ownership:**

**(a) Amount beneficially owned:**

Permit Capital, LLC: 361, 790 (See Note 1)
Permit Capital Enterprise Fund, LP: 361,790 (See Note 2)
Permit Capital GP, LP: 361,790 (See Note 2)
John C. Broderick: 452,591 (See Note 3)
(collectively, the "QVCGA Shares").

**(b) Percent of class:**

Permit Capital, LLC: 4.6%
Permit Capital Enterprise Fund, LP: 4.6%
Permit Capital GP, LP: 4.6%
John C. Broderick: 5.7%

**(c) Number of shares as to which the person has:**

**(i) Sole power to vote or to direct the vote:**

Permit Capital, LLC: 0
Permit Capital Enterprise Fund, LP: 361,790
Permit Capital GP, LP: 0
John C. Broderick: 90,801

**(ii) Shared power to vote or to direct the vote:**

Permit Capital, LLC: 361,790
Permit Capital Enterprise Fund, LP: 0
Permit Capital GP, LP: 361,790
John C. Broderick: 361,790

**(iii) Sole power to dispose or to direct the disposition of:**

Permit Capital, LLC: 0
Permit Capital Enterprise Fund, LP: 361,790
Permit Capital GP, LP: 0
John C. Broderick: 90,801

**(iv) Shared power to dispose or to direct the disposition of:**

Permit Capital, LLC: 361,790
Permit Capital Enterprise Fund, LP: 0
Permit Capital GP, LP: 361,790
John C. Broderick: 361,790

**Item 5. Ownership of Five Percent or Less of a Class.**

[x] If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following.

**Item 6. Ownership of More than 5 Percent on Behalf of Another Person.**

While PCLLC may be deemed the beneficial owner of the QVCGA Shares, PCLLC is the beneficial owner of such stock on behalf of the Funds which have the right to receive and the power to direct the receipt of dividends from, or the proeceeds of the sale of, such QVCGA Shares. To the knowledge of PCLLC, the only Funds or individuals which have the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares of the Issuer that are the subject of this Schedule 13G are Enterprise Fund, PCGP, and Broderick.

**Item 7. Identification and Classification of the Subsidiary**

Not Applicable

**Item 8. Identification and Classification of Members of the Group**

Not Applicable

**Item 9. Notice of Dissolution of Group**

Not Applicable

**Item 10. Certification:**

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Permit Capital, LLC**

**Date:** 09/10/2025

**By:** /s/ John C. Broderick

**Name & Title:** John C. Broderick, Partner

**Permit Capital Enterprise Fund, LP**

**Date:** 09/10/2025

**By:** /s/ John C. Broderick

**Name & Title:** John C. Broderick, Partner

**Permit Capital GP, LP**

**Date:** 09/10/2025

**By:** /s/ John C. Broderick

**Name & Title:** John C. Broderick, Partner

**John C. Broderick**

**Date:** 09/10/2025

**By:** /s/ John C. Broderick

**Name & Title:** John C. Broderick