On January 14, 2014, Robert S. Pick, a director of ValueVision Media Inc. resigned as a member of the company's Board of Directors effective immediately. Mr. Pick informed the company that his resignation was due to considerable time demands associated with his responsibilities at Comcast and NBCUniversal for the foreseeable future. Mr. Pick did not resign due to any material disagreement with the company, known to an executive officer of the company, on any matter relating to the company's operations, policies or practices or otherwise.