Take context from the input text and decide on the accurate relationship between 'QVC UK' and 'QVC' from the options provided.
Options: creator, owned by, position held, operator

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