Company Profile For Liberty Starz Group

Liberty Media Corporation is a holding company that, through its subsidiaries, is engaged in the video and online commerce, media, communications and entertainment industries. The Company operates in North America, South America, Europe and Asia. Its principal businesses and assets include QVC, Inc. and Starz, LLC and interests in The DIRECTV Group, Inc. and Expedia, Inc. Liberty has attributed each of its businesses to one of three groups: the Interactive Group, the Starz Group and the Capital Group. The assets and businesses attributed to the Interactive Group are those engaged in video and online commerce. The Starz Group focuses primarily on video programming, communications businesses and the direct-to-home satellite distribution business and includes its ownership interest in The DIRECTV Group, Inc. and other subsidiaries. The Capital Group includes businesses and assets that are not attributed to either the Interactive Group or the Starz Group.

BRIEF: For the nine months ended 30 September 2009, Liberty Media Corporation (Interactive)'s revenues decreased 2% to $5.59B. Net income totaled $65M vs. a loss of $66M. Revenues reflect a decrease in the demand of the Company's products & services. Net income was offset by a decrease in cost of sales, lower operating expenses, a significant decrease in interest expenses and the absence of other than temporary declines in fair value of investments.