Liberty Media to Hold Special Stockholder Meeting

ENGLEWOOD, Colo., Nov. 16 /PRNewswire-FirstCall/ -- Liberty Media Corporation
("Liberty Media") (Nasdaq: LCAPA, LCAPB, LINTA, LINTB, LMDIA, LMDIB) will be
holding a previously announced special stockholder meeting on Thursday,
November 19, 2009 at 9:30 a.m., NYC time, at Sheraton New York Hotel & Towers,
811 7th Avenue (53rd Street), New York, NY 10019, Tel. No. (212) 581-1000. At
the special meeting, the holders of the Liberty Entertainment tracking stock
will be asked to vote on, among other things, the split-off of Liberty
Entertainment, Inc. (LEI) from Liberty Media and the business combination
transaction between LEI and The DIRECTV Group, Inc. (the DTV Business
Combination). Holders of record of Liberty Entertainment tracking stock at 5
p.m., NYC time, on October 9, 2009, the record date for the special meeting,
are eligible to vote at the special meeting.

The special meeting will be broadcast live via the Internet. All interested
persons should visit Liberty Media's 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.

During the meeting, Liberty Media may make observations concerning its
historical operating performance and outlook and the completion of the
Split-Off and DTV Business Combination.

Additional Information

Nothing in this press release shall constitute a solicitation to buy or an
offer to sell shares of LEI, any of the Liberty Media tracking stocks or
shares of the new company to be issued pursuant to the merger agreement with
DIRECTV. The offer and sale of shares in the proposed Split-Off and the DTV
Business Combination will only be made pursuant to the effective registration
statements on file with the Securities and Exchange Commission ("SEC").
Liberty Media Shareholders and other investors are urged to read the effective
registration statements, including the definitive proxy statement/prospectuses
contained therein, because they contain important information about these
transactions. Copies of the effective registration statements and the
definitive proxy statement/prospectuses are available free of charge at the
SEC's website (http://www.sec.gov). Copies of the filings together with the
materials incorporated by reference therein can also be obtained, without
charge, by directing a request to D.F. King & Co., Inc. at (800) 628-8532.

Participants in a Solicitation

The directors and executive officers of Liberty Media and other persons may be
deemed to be participants in the solicitation of proxies in respect of
proposals to approve the transactions. Information regarding the directors and
executive officers of each of Liberty Media, LEI and the new DIRECTV and other
participants in the proxy solicitation and a description of their respective
direct and indirect interests, by security holdings or otherwise are available
in the definitive proxy materials filed with the SEC.

About Liberty Media Corporation

Liberty Media 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, LINTB), which includes Liberty Media's interests in QVC, Provide
Commerce, Backcountry.com, BUYSEASONS, Bodybuilding.com, IAC/InterActiveCorp,
and Expedia, (2) the Liberty Entertainment group (NASDAQ: LMDIA, LMDIB),
which includes Liberty Media 's interests in The DIRECTV Group, Inc., Starz
Entertainment, Game Show Network, LLC, WildBlue Communications, Inc., and
Liberty Sports Holdings LLC, and (3) the Liberty Capital group (NASDAQ:
LCAPA, 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., Liberty Media's interest in SIRIUS XM Radio, Inc., and
minority equity investments in Time Warner Inc., Time Warner Cable, and Sprint
Nextel Corporation.

SOURCE Liberty Media Corporation

Courtnee Ulrich, +1-720-875-5420, for Liberty Media Corporation