It was also announced that TVC is available on both of Australia s new cable systems Optus Vision and Galaxy. With this support, TVC can now embark on their expansion to Asia and the Middle East. Summer 96' TVC was renamed TVSN Television Shopping Network. Towards the end of summer a major effort to raise more funds had been initiated with Chase Capital Partners and Peregrine Direct Investments out of Hong Kong. It seems that Prudential and Search Group out of Hong Kong are committed to try out this pan-Asian satellite concept.
Reports are that cable affiliates are slowly coming on board.
Michael Milne has been bought out completely and no longer is involved. External link to TVSN web site at bottom of page. HSN Direct has a deal with CUC International's local subsidiary. Essentially this is an agreement which will help negotiate lower media costs. Unfortunately the divorce rate tripled in one generation to 1.6 per 1000.