Liberty Media Corporation to Present at the Deutsche Bank 2009 Media & Telecom Conference
25 February 2009 - 1:33PM
PR Newswire (US)
ENGLEWOOD, Colo., Feb. 24 /PRNewswire-FirstCall/ -- Liberty Media
Corporation
(NASDAQ:LINTANASDAQ:LINTBNASDAQ:LCAPANASDAQ:LCAPBNASDAQ:LMDIANASDAQ:LMDIB)
announced that Greg Maffei, President and CEO of Liberty Media
Corporation, will be presenting at the Deutsche Bank 2009 Media
& Telecom Conference, on Tuesday, March 3rd at 8:20 am, Eastern
Time at The Breakers Hotel in Palm Beach, Florida. During his
presentation, 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. In addition, the presentation will be broadcast
live via the Internet. All interested persons should visit the
Liberty Media Corporation web site at
http://www.libertymedia.com/investor_relations/default.htm to
register for the webcast. An archive of the webcast will also be
available on this website for 30 days. 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. 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
preliminary proxy statement/prospectus filed with the SEC is
available, and the registration statement and definitive 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, if formed,
Entertainment'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), 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), 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), 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. DATASOURCE: Liberty Media Corporation
CONTACT: Courtnee Ulrich, +1-720-875-5420, for Liberty Media
Corporation Web Site: http://www.libertymedia.com/
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