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123.TV

Full company profile

uuid00088hi

Namestring
123.TV
Legal namestring
1-2-3.tv GmbH
Company typeenum
Private
Founded yearint
2004
Descriptiontext

123.TV (legal entity: 1-2-3.tv GmbH), founded in 2004 and headquartered at Bavariafilmplatz 7 in Grünwald, Germany, operates one of the DACH region's longest-running LIVE-Commerce platforms, combining traditional television broadcasting with interactive online and mobile auctions. Its core product is a reverse-auction shopping format — products start at higher prices that fall in real time until a participant places a bid, at which point all bidders who engaged pay the same lowest successful price. The platform broadcasts 24 hours a day, 365 days a year, and distributes content across four channels: a dedicated TV channel reaching over 40 million TV households in Germany and Austria, a web live-stream at 123.live, native iOS and Android applications, and a standard e-commerce shop. Its technology stack combines a proprietary live-streaming auction platform, mobile applications, and e-commerce integration with DHL-powered fulfillment.

The company serves two distinct customer segments. The primary end-consumer segment consists of value-seeking, entertainment-oriented buyers aged 45 and over (predominantly female), who engage with the gamified auction experience and average more than 30 purchased items per year per customer. The secondary segment comprises brand partners and manufacturers — across fashion, jewelry, watches, beauty, home goods, collectibles, and more recently health/wellness — who gain access to 123.TV's 40+ million TV-household reach and 12 million annual digital visitors as a distribution channel. The platform manages over 25,000 different articles at any given time, with approximately 10,000 new items introduced each year.

The revenue model is fundamentally transaction-based: 123.TV captures the margin between wholesale product cost and the final (lowest) auction price across all winning bidders, with all winners paying the same final price regardless of when they bid. The "all-pay-the-same-lowest-price" mechanic creates fairness perception and urgency that drives bidding behavior. Supplemental revenue streams include the standard e-commerce shop, a dedicated 24h-Deals section, and a Sale category. Pricing for consumers is straightforward: €6.95 standard shipping per order, free shipping above €99, free returns within 30 days, and a referral program offering €10 vouchers to both referrer and referee. Fulfillment is handled through a core logistics partnership with DHL. Management includes CEO Björn Behlau, CFO Felix Engler-Eisenbarth, and a team of directors covering finance, operations, merchandising, legal, marketing, and IT functions.

Short descriptiontext

123.TV (1-2-3.tv GmbH) operates a German live-auction shopping platform broadcasting 24/7 via TV, web, and mobile apps, serving over 2 million registered customers — predominantly female buyers aged 45+ — across Germany and Austria with a reverse-auction format where prices drop until a bid is placed.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersGrünwald, Germany
HQ citystring
Grünwald
HQ countrystring
Germany
HQ regionstring
Europe
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
live auction shopping, tv commerce platform, reverse auction retail, consumer product auctions, multi-channel live shopping
Industry3 codes
1Auction-based Generalist Marketplaces
CodeCRAFAAACPrimaryYes
2Shopping & Direct-Response Broadcast Networks
CodeMPABAAALPrimaryNo
3Online Closeout & Liquidation Marketplaces
CodeCRAEAFAFPrimaryNo
NAICS code1 code
  • General Merchandise Retailers455
SIC code2 codes
  • Retail-Variety Stores5331
  • Services-Miscellaneous Amusement & Recreation7990
Product category
Live Shopping / TV Auction Retail
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model2 records
1Auction Transactions
TypeTransaction Fee
Description

The core revenue model is based on a reverse auction format where products are offered at falling prices until a bid is placed. All winning bidders pay the final (lowest) price, creating a gamified shopping experience. Revenue comes from the margin between wholesale/product cost and final selling price, plus all bidders pay the same final price regardless of when they bid.

123.live
2Product Sales
TypeOne Time License
Description

Direct merchandise sales across diverse categories including fashion, jewelry, watches, beauty, home goods, and collectibles. Revenue generated from product markup on wholesale goods sold through the auction and shop platforms.

123.live
Marketing channels9 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels5 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Marketing or Sales, Supply Chain, Operations, Technology or R&D, Personnel, Infrastructure
Pricing details2 tiers
1Standard Shipping
ModelUnit PricingBilling cadencePay-as-you-go
Notes

Standard shipping: €6.95 per order. Free shipping for orders above €99. Delivery time: 3-5 days.

123.live
2Free Shipping Threshold
ModelUnit PricingBilling cadencePay-as-you-go
Notes

Free shipping on orders above €99

unternehmen.1-2-3.tv
GTM typeB2C
B2C
Offering typeDigital Commerce or Conte…
Digital Commerce or Content
Core offering1 text field

123.TV (1-2-3.tv GmbH) runs a multi-channel LIVE-Commerce platform that broadcasts live auctions of consumer products 24/7 across TV, web, mobile app and streaming. In the reverse-auction format, prices fall continuously until a customer bids, and all winning bidders pay the same final lowest price, creating an entertainment-driven shopping experience for a primarily 45+ German-speaking audience. The company also operates a standard online shop and a dedicated Sale section offering more than 25,000 articles across fashion, jewelry, watches, beauty, home, garden, culinary and collectibles categories.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • Over 2 million registered customers with >30 items purchased per customer per year
+1 more record
Product overview1 text field

123.TV operates as a live auction-based shopping platform (LIVE-Commerce) combining a multi-channel approach across TV, web, streaming, and mobile app. The core product offering consists of three main components: (1) 123.live LIVE-Shopping — the live auction platform where products are sold through real-time bidding, with all winning bidders paying the lowest successful price; (2) the standard 123.live Online-Shop — a traditional e-commerce storefront with products across fashion, jewelry, watches, beauty, home, garden, and culinary categories; and (3) the 123.live Sale section — featuring discounted and reduced-price items. The platform also offers a mobile app for iOS and Android, 24h-Deals for time-limited offers, and a reminder/favorites service for registered customers. Products are organized into main categories including Mode (fashion), Schmuck (jewelry), Uhren (watches), Dekoration & Heimtextilien (home decor/textiles), Beauty, Gesundheit & Wellness (health/wellness), Haus & Garten (home/garden), Kochen & Kulinarisches (cooking/culinary), and Sammlerobjekte (collectibles). The company claims over 25,000 different articles in its portfolio and reaches over 40 million TV households plus 12 million digital visitors in Germany and Austria.

Product and service4 records
1123.live LIVE-Shopping
CategoryLive Shopping / TV Auction Retail
Description

A live auction-based shopping platform where customers participate in real-time bidding during live TV and streaming broadcasts, with products sold to all winning bidders at the lowest successful price. Targeted at German and Austrian consumers aged 45+ and brand partners.

2123.live Online-Shop
CategoryE-commerce Retail
Description

A standard e-commerce storefront offering products across multiple categories including fashion, jewelry, watches, beauty, home goods, and collectibles, with daily changing offers. Accessible at www.123.live/shop for registered customers in Germany and Austria.

3123.live Sale
CategoryDiscount Retail
Description

A dedicated discounted products section featuring reduced-price items across various categories including fashion, watches, home textiles, beauty, and jewelry. Available at www.123.live/sale.

424h-Deals
CategoryPromotional Retail
Description

Time-limited daily deals and special offers available for 24 hours, providing customers with exclusive discounted pricing on featured products. Accessible at www.123.live/verpasst.

Scale indicator8 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
1DHL
Strategic tierCoreTypeStrategic or Co-development Partner
Description

DHL serves as the logistics partner for all order fulfillment, shipping, and returns processing. The partnership enables simple logistics integration for 123.live operations, ensuring reliable delivery across Germany and Austria.

unternehmen.1-2-3.tv
Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

QVC is the global leader in TV and digital live shopping, operating multi-channel commerce across TV, web, and mobile with a broad product assortment. While U.S.-headquartered, QVC's broadcast model, audience engagement mechanics, and 24/7 live programming mirror 123.TV's core operations.

TypeDirect peer
Description

HSE is Germany's other major TV shopping channel and live commerce platform, broadcasting across TV and digital channels with a comparable product assortment and audience. It is the most direct competitor to 123.TV in the DACH live-shopping market.

TypeEmerging player
Description

Whatnot is a digital live-auction marketplace (collectibles, fashion, electronics) with a younger-skewing audience. It is an emerging threat applying the auction mechanism 123.TV pioneered on TV to digital-native consumers.

TypeDirect peer
Description

Channel21 is another German TV shopping channel broadcasting across DACH with a similar multi-product assortment and live-shopping format. It competes with 123.TV for both TV household reach and brand-partner manufacturers.

TypeBroad incumbent
Description

eBay pioneered online auction-based marketplaces for generalist consumer goods. While 123.TV's model is live/TV-based rather than online-only, both share an auction DNA and compete for value-seeking shoppers in collectibles and used categories.

TypeRegional player
Description

Bonprix is a DACH-focused fashion and lifestyle retailer (part of Otto Group) operating via catalog, web, and app channels. It competes with 123.TV's fashion category through established distance-retail expertise and a similar regional customer base.

TypeDirect peer
Description

Juwelo is a German TV auction channel specializing in jewelry and gemstones sold via real-time live auction shows, the same falling-price auction format 123.TV uses. It is a direct niche competitor in the DACH jewelry auction space.

TypeEmerging player
Description

TikTok Shop is a rapidly scaling live and social commerce platform, particularly strong with younger demographics through short-form video. It represents an emerging threat to 123.TV's audience and product discovery model.

TypeBroad incumbent
Description

Otto is one of Europe's largest e-commerce and distance-retail groups, operating multi-category online shopping at scale in Germany. It is a broad incumbent competing for the same DACH consumers across many of 123.TV's product categories.

TypeEmerging player
Description

Amazon Live brings live-shopping streams to Amazon's marketplace, offering interactive video shopping at scale. It is an emerging digital live-commerce competitor that could pressure 123.TV's reach and brand-partner relationships.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles11 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds2 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors6 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

123.TV

Live Shopping / TV Auction Retail1-2-3.tv

123.TV (1-2-3.tv GmbH) operates a German live-auction shopping platform broadcasting 24/7 via TV, web, and mobile apps, serving over 2 million registered customers — predominantly female buyers aged 45+ — across Germany and Austria with a reverse-auction format where prices drop until a bid is placed.

What 123.TV does

123.TV (legal entity: 1-2-3.tv GmbH), founded in 2004 and headquartered at Bavariafilmplatz 7 in Grünwald, Germany, operates one of the DACH region's longest-running LIVE-Commerce platforms, combining traditional television broadcasting with interactive online and mobile auctions. Its core product is a reverse-auction shopping format — products start at higher prices that fall in real time until a participant places a bid, at which point all bidders who engaged pay the same lowest successful price. The platform broadcasts 24 hours a day, 365 days a year, and distributes content across four channels: a dedicated TV channel reaching over 40 million TV households in Germany and Austria, a web live-stream at 123.live, native iOS and Android applications, and a standard e-commerce shop. Its technology stack combines a proprietary live-streaming auction platform, mobile applications, and e-commerce integration with DHL-powered fulfillment.

The company serves two distinct customer segments. The primary end-consumer segment consists of value-seeking, entertainment-oriented buyers aged 45 and over (predominantly female), who engage with the gamified auction experience and average more than 30 purchased items per year per customer. The secondary segment comprises brand partners and manufacturers — across fashion, jewelry, watches, beauty, home goods, collectibles, and more recently health/wellness — who gain access to 123.TV's 40+ million TV-household reach and 12 million annual digital visitors as a distribution channel. The platform manages over 25,000 different articles at any given time, with approximately 10,000 new items introduced each year.

The revenue model is fundamentally transaction-based: 123.TV captures the margin between wholesale product cost and the final (lowest) auction price across all winning bidders, with all winners paying the same final price regardless of when they bid. The "all-pay-the-same-lowest-price" mechanic creates fairness perception and urgency that drives bidding behavior. Supplemental revenue streams include the standard e-commerce shop, a dedicated 24h-Deals section, and a Sale category. Pricing for consumers is straightforward: €6.95 standard shipping per order, free shipping above €99, free returns within 30 days, and a referral program offering €10 vouchers to both referrer and referee. Fulfillment is handled through a core logistics partnership with DHL. Management includes CEO Björn Behlau, CFO Felix Engler-Eisenbarth, and a team of directors covering finance, operations, merchandising, legal, marketing, and IT functions.

123.TV firmographics

Firmographics
Name
123.TV
Legal name
1-2-3.tv GmbH
Website
http://www.1-2-3.tv
Company type
Private
Founded year
2004
Operating status
Operating
Headcount range
51–100 employees
Short description
123.TV (1-2-3.tv GmbH) operates a German live-auction shopping platform broadcasting 24/7 via TV, web, and mobile apps, serving over 2 million registered customers — predominantly female buyers aged 45+ — across Germany and Austria with a reverse-auction format where prices drop until a bid is placed.
Ownership category
akta.pro rank

123.TV industry classification

Industry
Product category
Live Shopping / TV Auction Retail
NAICS
General Merchandise Retailers (455)
SIC
Retail-Variety Stores (5331), Services-Miscellaneous Amusement & Recreation (7990)
akta.pro primary industry
Auction-based Generalist Marketplaces (CRAFAAAC)
akta.pro secondary industries
Shopping & Direct-Response Broadcast Networks (MPABAAAL), Online Closeout & Liquidation Marketplaces (CRAEAFAF)

Keywords

  • Live auction shopping
  • Tv commerce platform
  • Reverse auction retail
  • Consumer product auctions
  • Multi-channel live shopping

Where 123.TV is headquartered

Location

Headquarters

HQ city
Grünwald
HQ country
Germany
HQ region
Europe

Offices1 record

Markets served

123.TV business model

Business model
GTM type
B2C
Offering type
Digital Commerce or Content
Cost components
Marketing or Sales, Supply Chain, Operations, Technology or R&D, Personnel, Infrastructure

Revenue model

  1. Auction Transactions: The core revenue model is based on a reverse auction format where products are offered at falling prices until a bid is placed. All winning bidders pay the final (lowest) price, creating a gamified shopping experience. Revenue comes from the margin between wholesale/product cost and final selling price, plus all bidders pay the same final price regardless of when they bid.
  2. Product Sales: Direct merchandise sales across diverse categories including fashion, jewelry, watches, beauty, home goods, and collectibles. Revenue generated from product markup on wholesale goods sold through the auction and shop platforms.

Pricing tiers

ModelBillingPrice
Unit PricingPay-as-you-goStandard Shipping
Unit PricingPay-as-you-goFree Shipping Threshold

Go-to-market motion1 record

Distribution channels5 records

Marketing channels9 records

123.TV product offering

Product offering

Core offering

123.TV (1-2-3.tv GmbH) runs a multi-channel LIVE-Commerce platform that broadcasts live auctions of consumer products 24/7 across TV, web, mobile app and streaming. In the reverse-auction format, prices fall continuously until a customer bids, and all winning bidders pay the same final lowest price, creating an entertainment-driven shopping experience for a primarily 45+ German-speaking audience. The company also operates a standard online shop and a dedicated Sale section offering more than 25,000 articles across fashion, jewelry, watches, beauty, home, garden, culinary and collectibles categories.

Product overview

123.TV operates as a live auction-based shopping platform (LIVE-Commerce) combining a multi-channel approach across TV, web, streaming, and mobile app. The core product offering consists of three main components: (1) 123.live LIVE-Shopping — the live auction platform where products are sold through real-time bidding, with all winning bidders paying the lowest successful price; (2) the standard 123.live Online-Shop — a traditional e-commerce storefront with products across fashion, jewelry, watches, beauty, home, garden, and culinary categories; and (3) the 123.live Sale section — featuring discounted and reduced-price items. The platform also offers a mobile app for iOS and Android, 24h-Deals for time-limited offers, and a reminder/favorites service for registered customers. Products are organized into main categories including Mode (fashion), Schmuck (jewelry), Uhren (watches), Dekoration & Heimtextilien (home decor/textiles), Beauty, Gesundheit & Wellness (health/wellness), Haus & Garten (home/garden), Kochen & Kulinarisches (cooking/culinary), and Sammlerobjekte (collectibles). The company claims over 25,000 different articles in its portfolio and reaches over 40 million TV households plus 12 million digital visitors in Germany and Austria.

Differentiator

Problem solved

Functional benefit

Products and services

  • 123.live LIVE-Shopping A live auction-based shopping platform where customers participate in real-time bidding during live TV and streaming broadcasts, with products sold to all winning bidders at the lowest successful price. Targeted at German and Austrian consumers aged 45+ and brand partners.
  • 123.live Online-Shop A standard e-commerce storefront offering products across multiple categories including fashion, jewelry, watches, beauty, home goods, and collectibles, with daily changing offers. Accessible at www.123.live/shop for registered customers in Germany and Austria.
  • 123.live Sale A dedicated discounted products section featuring reduced-price items across various categories including fashion, watches, home textiles, beauty, and jewelry. Available at www.123.live/sale.
  • 24h-Deals Time-limited daily deals and special offers available for 24 hours, providing customers with exclusive discounted pricing on featured products. Accessible at www.123.live/verpasst.

Quantifiable outcome

  • Over 2 million registered customers with >30 items purchased per customer per year
  • +1 more outcomes

Companies that use 123.TV

Customer profile

Named customers1 record

Segments2 records

Ideal customer profiles2 records

123.TV technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

123.TV partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • DHLcoreStrategic or Co-development PartnerDHL serves as the logistics partner for all order fulfillment, shipping, and returns processing. The partnership enables simple logistics integration for 123.live operations, ensuring reliable delivery across Germany and Austria.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

123.TV competitors and assessment

Company assessment

Broad incumbents

  • QVC: QVC is the global leader in TV and digital live shopping, operating multi-channel commerce across TV, web, and mobile with a broad product assortment. While U.S.-headquartered, QVC's broadcast model, audience engagement mechanics, and 24/7 live programming mirror 123.TV's core operations.
  • eBay: eBay pioneered online auction-based marketplaces for generalist consumer goods. While 123.TV's model is live/TV-based rather than online-only, both share an auction DNA and compete for value-seeking shoppers in collectibles and used categories.
  • Otto Group: Otto is one of Europe's largest e-commerce and distance-retail groups, operating multi-category online shopping at scale in Germany. It is a broad incumbent competing for the same DACH consumers across many of 123.TV's product categories.

Direct peers

  • HSE (Home Shopping Europe): HSE is Germany's other major TV shopping channel and live commerce platform, broadcasting across TV and digital channels with a comparable product assortment and audience. It is the most direct competitor to 123.TV in the DACH live-shopping market.
  • Channel21: Channel21 is another German TV shopping channel broadcasting across DACH with a similar multi-product assortment and live-shopping format. It competes with 123.TV for both TV household reach and brand-partner manufacturers.
  • Juwelo: Juwelo is a German TV auction channel specializing in jewelry and gemstones sold via real-time live auction shows, the same falling-price auction format 123.TV uses. It is a direct niche competitor in the DACH jewelry auction space.

Emerging players

  • Whatnot: Whatnot is a digital live-auction marketplace (collectibles, fashion, electronics) with a younger-skewing audience. It is an emerging threat applying the auction mechanism 123.TV pioneered on TV to digital-native consumers.
  • TikTok Shop: TikTok Shop is a rapidly scaling live and social commerce platform, particularly strong with younger demographics through short-form video. It represents an emerging threat to 123.TV's audience and product discovery model.
  • Amazon Live: Amazon Live brings live-shopping streams to Amazon's marketplace, offering interactive video shopping at scale. It is an emerging digital live-commerce competitor that could pressure 123.TV's reach and brand-partner relationships.

Regional players

  • Bonprix (Otto Group): Bonprix is a DACH-focused fashion and lifestyle retailer (part of Otto Group) operating via catalog, web, and app channels. It competes with 123.TV's fashion category through established distance-retail expertise and a similar regional customer base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

123.TV social profiles

Digital presence

123.TV financial estimates

Financial estimate

Revenue estimate

Valuation estimate

123.TV leadership team

Management profile

Number of profiles

Profiles11 records

123.TV funding detail

Funding detail

Funding overview

Funding rounds2 records

Investors6 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

123.TV M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 123.TV

What does 123.TV do?

123.TV (1-2-3.tv GmbH) runs a multi-channel LIVE-Commerce platform that broadcasts live auctions of consumer products 24/7 across TV, web, mobile app and streaming. In the reverse-auction format, prices fall continuously until a customer bids, and all winning bidders pay the same final lowest price, creating an entertainment-driven shopping experience for a primarily 45+ German-speaking audience. The company also operates a standard online shop and a dedicated Sale section offering more than 25,000 articles across fashion, jewelry, watches, beauty, home, garden, culinary and collectibles categories.

Is 123.TV a public or private company?

123.TV is a private company. It is classified as venture growth investor backed and is currently operating.

When was 123.TV founded?

123.TV was founded in 2004. It employs 51 to 100 people.

Where is 123.TV based?

123.TV is headquartered in Grünwald, Germany, in the Europe region.

How does 123.TV make money?

Two revenue lines are on record. Auction Transactions are the primary driver. The others are product Sales.

Who are 123.TV's main competitors?

Broad incumbents on record are QVC, eBay and Otto Group. Direct peers are HSE (Home Shopping Europe), Channel21 and Juwelo. Emerging players are Whatnot, TikTok Shop and Amazon Live. Bonprix (Otto Group) is listed as a regional player.

Does 123.TV have an API?

No public API is recorded for 123.TV.

What industry is 123.TV in?

123.TV's product category is Live Shopping / TV Auction Retail. Its primary akta.pro industry code is CRAFAAAC, Auction-based Generalist Marketplaces, with a secondary code of MPABAAAL, Shopping & Direct-Response Broadcast Networks. Its NAICS code is 455 and its SIC code is 5331.

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Live signals
GlobeNewswire1-2-3.tv Launches New Gamification Features & FunctionalityiMedia Brands' 1-2-3.tv launched two gamification features, a speech synthesis service for phone ordering, and a Magic Deals promotional format. The company processes over 6 million telephone calls annually. The features aim to enhance customer engagement across TV, phone, and online platforms.BenzingaiMedia Brands' Q4 Earnings Top Estimates; Reaffirms FY22 OutlookiMedia Brands Inc reported fourth-quarter FY21 sales of $193.8 million, exceeding consensus estimates and marking a 55% year-over-year growth driven by ShopHQ, Christopher & Banks, and the 123tv customer file. The company recorded an adjusted EBITDA of $15.1 million and reaffirmed its full-year FY22 sales outlook of $675–$725 million while anticipating positive quarterly EPS in the latter half of 2022.GlobeNewswireShopHQ & 1-2-3.tv Drive 34% Entertainment Revenue Growth in November and DecemberiMedia Brands reported 34% entertainment revenue growth in November and December 2021, driven by ShopHQ, 1-2-3.tv, ShopHQHealth, and ShopBulldogTV. The company launched over 40 new brands in Q3-Q4 2021, with 1-2-3.tv selling out its Invicta inventory in three hours after a live remote auction.GlobeNewswireiMedia Closes $93 Million Acquisition of 123tviMedia Brands closed its acquisition of 123tv for $93 million, effective November 5, 2021, with $72 million in cash and a $21 million note. The deal includes an earn-out up to $50 million and raised 2021 revenue guidance to $540 million.GlobeNewswireiMedia Brands Announces Pricing of $75.0 Million Senior Notes OfferingiMedia Brands priced $75 million in 8.50% senior notes due 2026, with a 30-day option for up to $5 million more. Proceeds will fund the acquisition of 1-2-3.tv Group and working capital. The notes are expected to list on Nasdaq within 30 days.GlobeNewswireiMedia Brands Announces Proposed $75.0 Million Public Offering of Senior NotesiMedia Brands announced a proposed $75 million public offering of senior notes due 2026 at an expected 8.5% interest rate. Proceeds will fund the pending acquisition of 1-2-3.tv Group and working capital. The notes are expected to list on Nasdaq within 30 days of issuance.GlobeNewswireiMedia Signs Agreement to Acquire 123tv, the Leading Auction-Driven TV Retailer in GermanyiMedia Brands, Inc. signed a purchase agreement to acquire 123tv, a leading auction-driven TV retailer in Germany, for an enterprise value of approximately $95 million with potential earn-outs of up to $50 million. The transaction is subject to regulatory approvals from German and Austrian authorities and is expected to close in the fourth quarter of 2021. This acquisition allows iMedia to integrate 123tv's proprietary Dutch auction technology and its reach into over 40 million households in Germany and Austria.GlobeNewswireHEGCF Continues to Ramp Investment Pace and Announces New DealsHEGCF's portfolio grew from 8 to 15 companies, with new deals including Fab Fab and 1-2-3.tv. The fund has committed capital over half of its EUR200 million hard cap and expects no slowdown before its December 2014 close.