What is the relationship between 'QVC UK' and 'QVC' in the context of the input sentence.
Options: owned by, position held, operator, creator

We are actively working with QVC to develop more products for the fourth quarter that are working well in this current environment, including loungewear, sleepwear and facemask, we are launching a new H Halston line on HSN QVC UK and Italy, the shopping channel in Canada and TBS and in Australia this fall.
owned by