
ITV Ventures has laid off the majority of its remaining employees and stopped selling infomercial merchandise. Its owner, Donald Barrett – who also owns the recently troubled ITV Direct Inc. and Direct Marketing Concepts – will launch Elite Virtual Systems Group (EVP) on Oct. 10 to sell the products.
Concepts TV celebrates 25 years of business in both short- and long-form infomercial production. In honor of the anniversary, the company’s president, Collette Liantonio, took her staff to the Red Rock Mountain Spa in St. George, Utah, for four days.
GSI Commerce will acquire Innotrac Corporation – a provider of E-commerce, fulfillment and custom care services that owns eight fulfillment facilities. Following the close of the deal, GSI will operate 4.7 million square feet of fulfillment centers and 2,165 call center seats.
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