СÓÅÊÓƵ

СÓÅÊÓƵ Media Reports Appeal in Indenture Litigation

ENGLEWOOD, Colo.--(BUSINESS WIRE)-- СÓÅÊÓƵ ("СÓÅÊÓƵ") (Nasdaq: LCAPA, LCAPB, LINTA, LINTB, LSTZA, LSTZB) announced that The Bank of New York Mellon Trust Company, N.A. has appealed the Delaware Court of Chancery's ruling that the pending split-off ("Split-Off") of the СÓÅÊÓƵ Capital and СÓÅÊÓƵ Starz tracking stock groups will not constitute a disposition of all or substantially all the assets of СÓÅÊÓƵ Media, LLC under the indenture governing its public indebtedness. СÓÅÊÓƵ is requesting expedition of this appeal and hopes to complete the Split-Off prior to September 23, 2011, which is the last trading day on which СÓÅÊÓƵ can complete the Split-Off under the terms of СÓÅÊÓƵ's charter without seeking another vote of the СÓÅÊÓƵ Capital and СÓÅÊÓƵ Starz tracking stockholders.

The consummation of the Split-Off is conditioned on a final non-appealable judgment in the Delaware matter, in addition to the other conditions disclosed in СÓÅÊÓƵ's proxy statement.

About СÓÅÊÓƵ

СÓÅÊÓƵ 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 СÓÅÊÓƵ Interactive group (Nasdaq: LINTA, LINTB), which includes СÓÅÊÓƵ Media's interests in QVC, Provide Commerce, Backcountry.com, Celebrate Interactive, Bodybuilding.com and Expedia, (2) the СÓÅÊÓƵ Starz group (Nasdaq: LSTZA, LSTZB), which includes СÓÅÊÓƵ Media's interest in Starz, LLC, and (3) the СÓÅÊÓƵ Capital group (Nasdaq: LCAPA, LCAPB), which includes all businesses, assets and liabilities not attributed to the Interactive group or the Starz group including its subsidiaries the Atlanta National League Baseball Club, Inc., and TruePosition, Inc., СÓÅÊÓƵ Media's interest in SIRIUS XM Radio, Inc., and minority equity investments in Live Nation, Time Warner Inc. and Viacom.

Additional Information

Nothing in this press release shall constitute a solicitation to buy or an offer to sell shares of the split-off entity or any of СÓÅÊÓƵ's tracking stocks. The offer and sale of shares in the proposed split-off will only be made pursuant to СÓÅÊÓƵ CapStarz, Inc.'s effective registration statement (f/k/a СÓÅÊÓƵ Splitco, Inc.). СÓÅÊÓƵ stockholders and other investors are urged to read the Form S-4 registration statement on file with the SEC, including СÓÅÊÓƵ's proxy statement/prospectus contained therein, because they contain important information about the split-off. Copies of СÓÅÊÓƵ's and СÓÅÊÓƵ CapStarz, Inc.'s SEC filings are available free of charge at the SEC's website (). Copies of the filings together with the materials incorporated by reference therein are also available, without charge, by directing a request to СÓÅÊÓƵ, 12300 СÓÅÊÓƵ Boulevard, Englewood, Colorado 80112, Attention: Investor Relations, Telephone: (720) 875-5408.

    Source: СÓÅÊÓƵ

Released June 7, 2011