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         T R O U B L E D   C O M P A N Y   R E P O R T E R

              Saturday, June 27, 2026, Vol. 30, No. 178

                            Headlines

QVC GROUP: Incurred $36.3 Million Net Loss in April

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QVC GROUP: Incurred $36.3 Million Net Loss in April
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QVC Group, Inc., et al. filed a monthly operating report with the
U.S. Securities and Exchange Commission for the period from April
16 through April 30, 2026.

The Debtors' statement of operations reflected a net loss of $36.3
million for the reporting period.

As of April 30, 2026, the Debtors reported total assets of $300.95
million, total liabilities of $1.4 billion, and total equity of
-$1.1 billion.

The Debtors had $171.06 million in cash at the start of the
reporting period.  They reported no receipts or disbursements
during the period, and thus reported $171.06 million cash at the
month end of April.

A copy of the monthly operating report is available at the SEC at:

                  https://tinyurl.com/nhcen52t

                    About QVC Group Inc.

QVC Group, Inc., formerly known as Qurate Retail, Inc. --
https://www.qvcgrp.com/ -- owns interests in subsidiaries and other
companies that are primarily engaged in the video and online
commerce industries. Through its subsidiaries and affiliates, the
company operates in North America, Europe and Asia. Its principal
businesses and assets include its consolidated subsidiaries QVC,
Inc., Cornerstone Brands, Inc., and other cost method investments.

QVC Group and several affiliates sought relief under Chapter 11 of
the U.S. Bankruptcy Code (Bankr. S.D. Tex. Case No. 26-90447) on
April 16, 2026. In its petition, the Debtor reports more than $1
billion in assets and estimated liabilities of $6.6 billion.

The Hon. Bankruptcy Judge Alfredo R. Perez handles the jointly
administered cases.

The Debtors employed Kirkland & Ellis LLP and Kirkland & Ellis
International LLP as co-counsel; Gray Reed, as co-counsel;
AlixPartners, LLP, as financial advisor; Evercore Group L.L.C., as
investment banker; Kroll Restructuring Administration LLC, as
claims and noticing agent; and PricewaterhouseCoopers LLP, as tax
advisor. Joele Frank, Wilkinson Brimmer Katcher is serving as
strategic communications advisor to QVC Group and QVC, Inc.

Kobre & Kim LLP, serves as legal counsel to QVC Group, Inc. under
the direction of the Special Committee; Seward & Kissel LLP, as
legal counsel to QRI Cornerstone, Inc. under the direction of the
Special Committee; Milbank LLP, as legal counsel to Liberty
Interactive LLC, under the direction of the disinterested
directors, and as legal counsel to Qurate Retail Group, Inc., under
the direction of the Special Committee; and Katten Muchin Rosenman
LLP, as legal counsel to QVC, Inc., under the direction of the
disinterested directors.

The Bank of New York Mellon Trust Company, N.A., as trustee under
the LINTA Notes Indenture, is represented by Reed Smith LLP, as
counsel.

The LINTA Noteholder Group is represented by Akin Gump Strauss
Hauer & Feld LLP.

The QVC Noteholder Group is represented by Davis Polk & Wardwell
LLP.

The RCF Lender Group, led by JPMorgan Chase Bank, N.A., as
administrative agent, is represented by Simpson Thacher & Bartlett
LLP.

An ad hoc group of beneficial holders to QVC Group, Inc. is
represented by Brown Rudnick LLP as counsel.

Glenn Agre Bergman & Fuentes LLP, Cleary Gottlieb Steen & Hamilton
LLP, and Kane Russell Coleman Logan PC represent certain beneficial
holders of the 8.0% Series A Cumulative Redeemable Preferred Stock
issued by QVC Group, Inc.


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Copyright 2026.  All rights reserved.  ISSN: 1520-9474.

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