Liberty Media Corporation (Nasdaq: LMCA, LMCB) announced that Greg Maffei, President and CEO of Liberty Media, will be presenting at the UBS Global Media and Communications Conference on Monday, December 5th at 11:00 a.m., Eastern Time at the Grand Hyatt New York in New York City, NY. During his presentation, Mr. Maffei may make observations regarding the company's financial performance and outlook. The presentation will be broadcast live via the Internet. All interested persons should visit the Liberty Media Corporation website at http://www.libertymedia.com/events to register for the webcast. An archive of the webcast will also be available on this website for 30 days.
 

Liberty Media Corporation announced on Friday that it will release its second quarter earnings on Monday, August 9th at 10:30 a.m. ET during a conference call to be hosted by President and CEO Greg Maffei.  Interested parties are invited to participate in the call by dialing Premiere Conferencing at (877) 397-0286 or (719) 325-4809 at least 10 minutes prior to the scheduled start time.  Replays of the conference call can be accessed through 1:30 p.m. (ET) on August 16 by dialing (719) 457-0820 or (888) 203-1112 plus the pass code 4417617#.  Information about accessing the call via the internet is available in this Liberty Media Press Release. Jul. 9, 2010

 
Highest Level of Cash in the Catalog Retail Industry Detected in Shares of Liberty Media (LINTA, ATV, GAIA, DLIA, VVTV) Comtex Smartrend
Below are the top five cash rich companies in the Catalog Retail industry as ranked by Cash Equivalents (CE). Analysts use CE as a measure to compare the cash cushion of companies in ...
 

Worry not, Greg Maffei, who has held the top spot at Liberty Media since March 2006, prefaced the remark by saying, “It’s not to say that the world is going to fall apart…”  I for one feel a lot better already.  Maffei made his remarks at the annual Allen & Co. Media summit in Sun Valley, Idaho, where a mood of concern about the economy reportedly prevailed.  Associated Press Jul. 9, 2010

 

International ratings agency Fitch, Inc., has downgraded its rating of QVC, Inc., from BBB to BBB-, a further step into non-investment, or “junk,” territory, saying that Liberty Media’s plans to spin off its Interactive tracking stock as a stand-alone, asset-backed security would leave QVC “…as the main source of cash for paying off Liberty’s bonds.”  Associated Press Jun. 22, 2010

 

The complex transaction Liberty Media announced over the weekend that will convert the shares tracking QVC, its largest business, into an asset-backed stock aims to eliminate over time the 5% to 15% discount common among tracking stocks, which often trade at a discount from the intrinsic value of the underlying assets because of their complexity.  As Liberty’s chief executive, Greg Maffei, put it, “An asset-backed Liberty Interactive will provide better transparency on Liberty’s operating businesses, enable more efficient capital raising, and permit us to better pursue our strategic objectives, including acquisitions using stock … We also believe the split-off will be positive for the long-term credit outlook at Liberty Interactive.”  The Wall Street Journal Jun. 21, 2010

 

Liberty Media Corporation announced late last week that Chris Shean, Senior Vice President and Controller of Liberty Media, will present at the 2010 Bank of America Merrill Lynch US Media Conference, on Thursday, June 10 at 08:40 a.m. local time at the Bank of America Merrill Lynch Financial Centre in London, England.  Mr. Shean may make observations about the company’s financial performance and outlook during his remarks.  The company invites interested persons register for the webcast at http://www.libertymedia.com/eventsLiberty Media Press Release Jun. 3, 2010

 

In a press release, Liberty Media Corporation has announced that Michael Zeisser, a senior vice president, may offer observations on the company’s financial performance and outlook next week.  The forum will be the 2010 RBC Technology, Media & Communications Conference, where Zeisser will present on Wednesday, June 9 at 2:00 p.m. Eastern Time.  The event will be held at the Hilton New York in New York City, New York.  “Interested persons should visit the Liberty Media Corporation website at http://www.libertymedia.com/events to register for the webcast.”  Photo of Zeisser at left comes from his personal websiteLiberty Media Press Release Jun. 2, 2010

 

The media conglomerate has been reorganizing assets and reducing the debt of various holdings, as it works to put its financial house in order after the financial crisis.  Dow Jones Newswires Associated Press Liberty Media Press Release Jun. 1, 2010

 

Liberty Interactive reported a net profit of $310 million, or 51 cents a share, on a revenue increase of 11 percent to $2 billion.  In the earnings press release, QVC CEO Mike George lauded these new brands, which premiered during the quarter: Kim Kardashian fragrances, Jillian Michaels fitness, Vita Mix blenders and Dyson vacuums.  Reuters May 7, 2010

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