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EXHIBIT 10.9

EIGHTH AMENDMENT TO

TAX SHARING AGREEMENT

BY AND AMONG

AT&T CORP.,

LIBERTY MEDIA CORPORATION,
FOR ITSELF AND EACH MEMBER OF THE LIBERTY GROUP,

AT&T BROADBAND LLC,

LIBERTY VENTURES GROUP LLC,

LIBERTY MEDIA GROUP LLC,

TCI STARZ, INC.,

TCI CT HOLDINGS, INC.,

AND

EACH COVERED ENTITY LISTED ON THE SIGNATURE PAGES HEREOF,

DATED AS OF JULY 25, 2000


        This Eighth Amendment, dated as of July 25, 2000 (this "Eighth Amendment"), to the Tax Sharing Agreement (the "Agreement") dated as of March 9, 1999, as amended by the First Amendment to the Tax Sharing Agreement dated as of May 28, 1999, the Second Amendment (the "Second Amendment") to the Tax Sharing Agreement dated as of September 24, 1999, the Third Amendment to the Tax Sharing Agreement dated as of October 20, 1999, the Fourth Amendment to the Tax Sharing Agreement dated as of October 28, 1999, the Fifth Amendment to the Tax Sharing Agreement dated as of December 6, 1999, the Sixth Amendment to the Tax Sharing Agreement dated as of December 10, 1999, and the Seventh Amendment to the Tax Sharing Agreement dated as of December 30, 1999, is entered into by and among AT&T Corp., a New York corporation ("AT&T"), Liberty Media Corporation, a Delaware corporation ("Liberty"), for itself and on behalf of each member of the Liberty Group, AT&T Broadband LLC (f.k.a. Tele-Communications, Inc.), a Delaware limited liability company, Liberty Ventures Group LLC, a Delaware limited liability company, Liberty Media Group LLC, a Delaware limited liability company, TCI Starz, Inc., a Colorado corporation, TCI CT Holdings, Inc., a Delaware corporation, each Covered Entity listed on the signature pages hereof, and each entity which becomes a party to the Agreement pursuant to Section 23 thereto. Unless otherwise stated herein, capitalized terms used in this Eighth Amendment shall have the meaning ascribed to such terms in the Agreement.

        WHEREAS, the parties have entered into the Agreement which governs the sharing, allocation and reimbursement of federal, state, local and foreign taxes by the members of the Common Stock Group and the Liberty Group;

        WHEREAS, AT&T intends to acquire Video Services Corporation, a Delaware corporation ("VSC"), pursuant to an Agreement and Plan of Merger dated as of July 25, 2000 (the "VSC Merger Agreement") for and on behalf of the Liberty Group;

        WHEREAS, the parties intend that any Tax Items arising from or relating to the VSC Merger (as defined below), including any Tax Items of VSC or any of its direct or indirect assets or subsidiaries, shall be considered Tax Items attributable to the Liberty Group except to the extent set forth herein; and

        WHEREAS, the parties now wish to amend the Agreement in certain respects to clarify the intent of the parties with respect to the sharing, allocation and reimbursement of federal, state, local and foreign taxes by the members of the Common Stock Group and the Liberty Group and to make such other amendments, as provided herein;

        NOW, THEREFORE, in consideration of the mutual covenants contained herein, the parties hereby amend the Tax Sharing Agreement as follows:

1


        1.     The Agreement is amended by inserting as Section 3(d)(xvii):

2


        2.     The Agreement is amended by (i) deleting in Section 9(b) the word "or" after the words "or any Subsidiary of Todd during any such period for such period," and before the words "(VI) Soundelux for any taxable period . . ." and (ii) inserting in Section 9(b) the words ", or (VII) VSC for any taxable period ending on or prior to the date of the closing of the VSC Merger or any Subsidiary of VSC during any such period for such period" after the words "or any Subsidiary of Soundelux during any such period for such period" and before the words "; provided, however, that (i) AT&T shall be entitled to participate . . . ."

        3.     The Agreement is amended by (i) inserting in Section 3(d)(xiv) the words "VSC Merger Sub," after the words "Soundelux Merger Sub," and before the words "nor 4MC Merger Sub . . ."; (ii) inserting in Section 3(d)(xiv) the words "VSC Merger Agreement," after the words "Soundelux Merger Agreement," and before the words "or 4MC Merger Agreement . .. ."; and (iii) inserting in Section 3(d)(xiv) the word "VSC," after the words "any action (or failure to act) of any of AGI, Ascent, Todd, Soundelux," and before the words "4MC or any of their respective subsidiaries. . . ."

        4.     Except as otherwise expressly provided herein, the Agreement shall continue in full force and effect without modification.

3


        IN WITNESS WHEREOF, each of the parties has caused this Eighth Amendment to be executed by its respective duly authorized officer as of the date first set forth above.

    AT&T CORP.

 

 

By:

 

/s/

    Name:    
    Title:    

 

 

LIBERTY MEDIA CORPORATION, for itself and for
each member of the Liberty Group

 

 

By:

 

/s/

    Name:    
    Title:    

Each of the Covered Entities listed below on this page hereby executes this Eighth Amendment as a member of the Liberty Group to acknowledge that such Person is bound by this Eighth Amendment as a member of the Liberty Group:

    LIBERTY SP, INC.

 

 

By:

 

/s/

    Name:    
    Title:    

 

 

LIBERTY AGI, INC.

 

 

By:

 

/s/

    Name:    
    Title:    

 

 

LMC INTERACTIVE, INC.

 

 

By:

 

/s/

    Name:    
    Title:    

    AT&T BROADBAND LLC

 

 

By:

 

/s/

    Name:    
    Title:    

 

 

LIBERTY VENTURES GROUP LLC

 

 

By:

 

/s/

    Name:    
    Title:    

 

 

LIBERTY MEDIA GROUP LLC

 

 

By:

 

/s/

    Name:    
    Title:    

 

 

TCI STARZ, INC.

 

 

By:

 

/s/

    Name:    
    Title:    

 

 

TCI CT HOLDINGS, INC.

 

 

By:

 

/s/

    Name:    
    Title:    



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