QVC (standing for "Quality Value Convenience") is an American free-to-air television network, and flagship shopping channel specializing in televised home shopping that is owned by Qurate Retail Group. Founded in 1986 by Joseph Segel in West Chester, Pennsylvania, United States, QVC broadcasts to more than 350 million households in seven countries, including channels in the UK, Germany, Japan, and Italy, along with a joint venture in China with China National Radio called CNR Mall.