On January 17, 2014, ValueVision Media Inc. announced that on January 14, 2014, Robert S. Pick, a director of the Company resigned as a member of the Company's Board of Directors effective immediately. The Company also filed a proxy statement announcing the record date for Company shareholders at a special meeting of shareholders of the Company scheduled to be held on Friday, March 14, 2014, for the purpose of voting on a series of proposals put forth by Clinton Group, Inc.