Liberty Media Corporation Announces First Quarter Earnings Release and Conference Call

Liberty Media Corporation Announces First Quarter Earnings Release and Conference Call

ENGLEWOOD, Colo., April 17 /PRNewswire-FirstCall/ -- Liberty Media Corporation (NASDAQ:LINTA)(NASDAQ:LINTB)(NASDAQ:LCAPA)(NASDAQ:LCAPB)(NASDAQ:LMDIA)(NASDAQ:LMDIB) will release its first quarter earnings on Friday, May 8. You are invited to participate in Liberty Media's earnings call, which will begin at 12:00 p.m. (EST). Greg Maffei, Liberty Media's President and CEO, will host the call. During the call, Mr. Maffei may make observations regarding the company's financial performance, outlook, and the previously announced proposed split-off of a majority of the assets and liabilities currently attributed to the Liberty Entertainment group tracking stock.

Please call Premiere Conferencing at (877) 741-4248 or (719) 325-4834 at least 10 minutes prior to the call so that we can begin promptly at the start time. You will need to be on a touch-tone telephone to ask questions. The conference administrator will give you instructions on how to use the polling feature. Questions will be registered automatically and queued in the proper sequence.

Replays of the conference call can be accessed through 2:30 p.m. (ET) on May 22nd, by dialing (719) 457-0820 or (888) 203-1112 plus the pass code 2044993#.

In addition, the first quarter earnings conference call will be broadcast live via the Internet. All interested participants should visit the Liberty Media Corporation website at http://www.libertymedia.com/events to register for the web cast. Links to the press release and replays of the call will also be available on the Liberty Media website. The conference call and related materials will be archived on the website for one year.

Certain statements in this press release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including the statements regarding our expected split-off of a majority of the assets and liabilities currently attributed to the Liberty Entertainment group as well as the company's expectations as to its financial performance and outlook. These forward looking statements are based on management's current expectations and assumptions, which are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict. Actual results could differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements speak only as of the date of this press release. Liberty expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in Liberty's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

Additional Information

Nothing in this release shall constitute a solicitation to buy or an offer to sell shares of the split-off company or any of the Liberty Media tracking stocks. The offer and sale of shares in the proposed split-off will only be made pursuant to an effective registration statement. Liberty stockholders and other investors are urged to read the registration statement to be filed with the SEC, including the proxy statement/prospectus to be contained therein, because it will contain important information about the transaction. A copy of the registration statement and the proxy statement/prospectus, once filed, will be available free of charge at the SEC's website (http://www.sec.gov/). Copies of the proxy statement/prospectus and the filings with the SEC that will be incorporated by reference in the proxy statement/prospectus can also be obtained, without charge, by directing a request to Liberty Media Corporation, 12300 Liberty Boulevard, Englewood, Colorado 80112, Attention: Investor Relations, Telephone: (720) 875-5408.

Participants in a Solicitation

The directors and executive officers of Liberty and other persons may be deemed to be participants in the solicitation of proxies in respect of proposals to approve the transaction. Information regarding Liberty's and the split-off company's directors and executive officers and other participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will be available in the proxy materials to be filed with the SEC.

About Liberty Media Corporation

Liberty Media Corporation owns interests in a broad range of electronic retailing, media, communications and entertainment businesses. Those interests are attributed to three tracking stock groups: (1) the Liberty Interactive group (NASDAQ:LINTA)(NASDAQ:LINTB), which includes Liberty's interests in QVC, Provide Commerce, Backcountry.com, BUYSEASONS, Bodybuilding.com, IAC/InterActiveCorp, and Expedia, (2) the Liberty Entertainment group (NASDAQ: LMDIA)(NASDAQ:LMDIB), which includes Liberty's interests in The DIRECTV Group, Inc., Starz Entertainment, FUN Technologies, Inc., GSN, LLC, WildBlue Communications, Inc., and Liberty Sports Holdings LLC, and (3) the Liberty Capital group (NASDAQ:LCAPA)(NASDAQ:LCAPB), which includes all businesses, assets and liabilities not attributed to the Interactive group or the Entertainment group including its subsidiaries Starz Media, LLC, Atlanta National League Baseball Club, Inc., and TruePosition, Inc., and minority equity investments in Time Warner Inc. and Sprint Nextel Corporation.

Source: Liberty Media Corporation

CONTACT: Courtnee Ulrich of Liberty Media Corporation, +1-720-875-5420

Web Site: http://www.libertymedia.com/

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