Home Shopping Network 2008 Annual Report Download - page 74

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HSN, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
71
Subsequent to the reporting of the quarters ended March 31, 2008 and June 30, 2008, it was determined that
two of the entities previously included within HSNi’s discontinued operations would not be spun-off from IAC
and, therefore, not included within HSNi. Quiz TV Limited and iBuy are entities that ceased operations in 2006
and were reported within HSNi’s combined statements of operations as a discontinued operation through the Form
10-Q filed for the quarter ended June 30, 2008. Their results have been removed from HSNi’s 2008 results;
however, prior year balances have not been restated due to their immaterial impact relative to the combined results.