<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS OF HOLDCO FOR THE YEAR ENDED DECEMBER 31, 1996. </LEGEND> <CIK> 0000791024 <NAME> HOME SHOPPING NETWORK INC <RESTATED> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> DEC-31-1996 <CASH> 16,274 <SECURITIES> 0 <RECEIVABLES> 38,581 <ALLOWANCES> 0 <INVENTORY> 100,527 <CURRENT-ASSETS> 187,719 <PP&E> 81,526 <DEPRECIATION> 437 <TOTAL-ASSETS> 1,645,108 <CURRENT-LIABILITIES> 184,571 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,221,408 <OTHER-SE> 68,055 <TOTAL-LIABILITY-AND-EQUITY> 1,645,108 <SALES> 1,014,705 <TOTAL-REVENUES> 1,014,705 <CGS> 625,697 <TOTAL-COSTS> 625,697 <OTHER-EXPENSES> 347,822 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 9,918 <INCOME-PRETAX> 33,262 <INCOME-TAX> 12,641 <INCOME-CONTINUING> 20,621 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 20,620 <EPS-PRIMARY> 0 <EPS-DILUTED> 0