Wednesday, October 17, 2007

Companies Owned By Liberty Media Group


SOURCE:

http://www.libertymedia.com/ir/asset_list.htm

also cross-checked with wikipedia and http://www.ketupa.net/liberty.htm


SPORTS TEAMS:

-Atlanta Braves baseball team—100%; Atlanta Braves: in 2/2007 purchased from Time Warner in a complex deal, in which $1 billion cash, a group of craft magazines & the Braves (valued at approximately $450 million) were exchanged for 60 million Time Warner stock shares.

-Owner of the Denver Nuggets basketball team, the Colorado Avalanche hockey team and the Pepsi Center, a sports and entertainment facility in Denver, Colorado—6.5%


CABLE CHANNELS:

-Game Show Network—50%, other 50% owned by Sony

-Hallmark Entertainment Investments Co.—11% Owner of controlling interest in Crown Media Holdings, Inc., the owner and operator of U.S. cable television channels, including the Hallmark Channel. Liberty Media has an approximate indirect 9% economic ownership in Crown Media Holdings, Inc. (NASDAQ: CRWN) through its investment in Hallmark Entertainment Investments Co.

-QVC channel—100%

-Starz Entertainment—100%, owns Starz, Encore channels

-50% stake in Discovery - television networks such as the Discovery Channel, the Travel Channel, the Learning Channel and Animal Planet - and the Ascent media postproduction business.


BROADCAST TV:

WFRV and WJMN Television—CBS affiliates in Michigan-100%

Liberty has also purchased Green Bay, Wisconsin, television station WFRV-TV and its sister station in Escanaba, Michigan, WJMN-TV, from CBS estimated at about $234 million. CBS will swap the stations and $170 million in cash for 7.59 million shares of CBS common stock held by Liberty Media. The purchase was announced February 13, 2007, The sale was completed on April 18, 2007. [7]


INTERNET PROPERTIES:

-GoPets Ltd. -28%- Virtual community of pets that interact with each other and other users all over the world.

-Priceline.com—1%

-Wildblue Communications—satellite internet provider—32%

-Backcountry.com—83%

-Expedia inc, owners of : Expedia.com, Hotels.com, Hotwire, Expedia Corporate Travel, TripAdvisor and Classic Vacations.—23%; Liberty Media owns approximately 23% of Expedia common stock representing an approximate 52% voting interest; however, the Chairman and CEO of Expedia currently has the authority to vote these shares.

-IAC/Interactive Corp. , Comprised of HSN cable channel; Cornerstone Brands, Inc.; HSE24; Shoebuy.com; Ticketmaster; Lending Tree; RealEstate.com; ServiceMagic; Match.com; Entertainment Publications; Interval International; Ask.com; Citysearch; Evite; Gifts.com; iBuy; Pronto; and CollegeHumor. –24%; Liberty Media owns approximately 24% of IAC common stock representing an approximate 55% voting interest; however, the Chairman and CEO of IAC currently has the authority to vote these shares.

-Provide Commerce inc-100%, perishable products

-Buy Seasons inc.—100%--costumes and Halloween products


BOOKS:

Leisure Arts, publishers of crafts, needlework how-to books—100%


OTHER HOLDINGS:

Jingle Networks, Operator of the advertiser-supported 1.800.FREE411 service which allows callers to obtain residential, business and government telephone numbers for no charge.—8.3%

Motorola inc.—3%

DirecTV—owned News Corp—16%; On December 22, 2006 Liberty Media announced that it entered into a definitive agreement with News Corporation to exchange Liberty Media's stake in News Corporation for a News Corporation subsidiary holding a 38.5% stake in DIRECTV Group, Inc., regional sports networks in Denver, Pittsburgh, and Seattle, and $550 million in cash, (with an aggregate value of US$11 billion).. That transaction will allow both sides to avoid paying taxes. News Corporation will retire Liberty's 19% voting stake in a major share buyback that will increase the Murdoch family's stake to around 36%.

McNeill-Lehrer Productions—67%

Overture Films—100%

Sprint Nextel corp. 3%

Time Warner-3%

Viacom—1%

Also owned acc. to wikipedia:

OpenTV


COMPANY HISTORY:

It originated as part of TCI, an American cable television group, and acquired by AT&T in 1999 for $54 billion.

-2001- It was spun-off from AT&T, subsequently spending $5 billion on nine German regional cable networks.

-In the second half of 2001 it aggressively acquired cable operators and content developers in the EU. During 2003 it bought the remaining 57% of QVC from Comcast for US$7.9 billion and absorbed Liberty Livewire Corporation (formed as a result of the 2000 and 2001 acquisitions of The Todd-AO Corporation, Four Media Company, Video Services Corporation, certain operations of SounDelux Entertainment Group and other businesses engaged in the provision of creative and technical services for the media and entertainment industries).

-In 2004 it increased its voting stake in News to 9% (and its economic interest to 17%, later to 19%), becoming the largest shareholder in the Murdoch-controlled group.

-In March 2005 Liberty announced plans to spin off its stake in the Discovery cable and satellite business, with new publicly traded company (to be called Discovery Holdings and worth between US$10 and $15 billion) housing Liberty's 50% stake in Discovery - television networks such as the Discovery Channel, the Travel Channel, the Learning Channel and Animal Planet - and the Ascent media postproduction business.

--In May 2006, Time Warner acquired Liberty Media's 50% stake in Court TV for $735 million

--On May 16, 2006, IDT sold its IDT Entertainment division to Liberty Media for "for all of Liberty Media's interests in IDT, $186 million in cash and the assumption of existing indebtedness." IDT Entertainment's assets and Starz Entertainment Group's popular line of premium TV channels will combine to produce content for all distribution platforms. [4]

No comments: