Community advertising and marketing provides an excellent method of generating revenue from a home based enterprise. In order to compete financially with the revenues generated by commercials aired on other residence purchasing networks, HSN initiated a division to provide infomercials and distribute them globally in July 1994. The transfer is a play to compete with the 2 largest online retailers at a time that residence-purchasing network sales are dropping. HSN common stock converted to45 of a share of Silver King stock, while HSN Class B inventory—super voting” stock price ten votes per share and owned in full by Liberty Media—became54 of a share of Class B Silver King inventory. QVC…