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Exhibit 99.1

Attributed Financial Information for Tracking Stock Groups

Our Liberty Interactive common stock is intended to reflect the separate performance of our Interactive Group which is comprised of our businesses engaged in video and on-line commerce, including our subsidiaries, QVC, Inc., Provide Commerce, Inc., Backcountry.com, Inc., Bodybuilding.com, LLC and BuySeasons, Inc. and our interests in IAC/InterActiveCorp, Expedia, Inc., HSN, Inc., Interval Leisure Group, Inc. and Tree.com, Inc. Our Liberty Starz common stock is intended to reflect the separate performance of our Starz Group which primarily includes our wholly-owned subsidiary Starz Entertainment, LLC. Our Liberty Capital common stock is intended to reflect the separate performance of our Capital Group which is comprised of all of our assets and businesses not attributed to the Interactive Group or the Starz Group.

The following tables present our assets, liabilities, revenue, expenses and cash flows as of and for the periods ended June 30, 2010 and 2009. The tables further present our assets, liabilities, revenue, expenses and cash flows that are attributed to the Interactive Group, the Starz Group and the Capital Group, respectively. The financial information should be read in conjunction with our unaudited condensed consolidated financial statements for the three and six month periods ended June 30, 2010 included in this Quarterly Report on Form 10-Q.

Notwithstanding the following attribution of assets, liabilities, revenue, expenses and cash flows to the Interactive Group, the Starz Group and the Capital Group, our tracking stock structure does not affect the ownership or the respective legal title to our assets or responsibility for our liabilities. We and our subsidiaries are each responsible for our respective liabilities. Holders of Liberty Interactive common stock, Liberty Starz common stock and Liberty Capital common stock are holders of our common stock and are subject to risks associated with an investment in our company and all of our businesses, assets and liabilities. The issuance of Liberty Interactive common stock, Liberty Starz common stock and Liberty Capital common stock does not affect the rights of our creditors or creditors of our subsidiaries.

SUMMARY ATTRIBUTED FINANCIAL DATA

Interactive Group

	June 30, 2010

	amounts in millions
Summary balance sheet data:
Current assets	$	3,138	3,379
Cost investments	$	281	734
Equity investments	$	865	895
Total assets	$	16,320	17,343
Long-term debt, including current portion	$	6,095	6,073
Long-term deferred income tax liabilities	$	2,655	1,939
Attributed net assets	$	5,716	6,794

		Three months ended June 30,						Six months ended June 30,

		2010			2009			2010			2009
		amounts in millions
Summary operations data:
Revenue		$	2,053			1,936			4,078			3,767
Cost of sales			(1,284	)		(1,208	)		(2,578	)		(2,391	)
Operating expenses			(190	)		(175	)		(376	)		(347	)
Selling, general and administrative expenses(1)			(166	)		(152	)		(352	)		(297	)
Depreciation and amortization			(139	)		(135	)		(280	)		(282	)

	Operating income		274			266			492			450
Interest expense			(163	)		(110	)		(310	)		(206	)
Share of earnings of affiliates, net			36			—			59			—
Realized and unrealized gains on financial instruments			7			—			32			—
Gains on disposition, net			—			—			364			—
Other expense, net			(20	)		75			(46	)		(102	)
Income tax expense			(69	)		(95	)		(206	)		(54	)

	Net earnings		65			136			385			88
Less net earnings attributable to the noncontrolling interests			7			8			17			17

Net earnings attributable to Liberty Media Corporation shareholders		$	58			128			368			71

(1): Includes stock-based compensation of $15 million and $11 million for the three months ended June 30, 2010 and 2009, respectively, and $37 million and $21 million for the six months ended June 30, 2010 and 2009, respectively.

SUMMARY ATTRIBUTED FINANCIAL DATA

Starz Group

	June 30, 2010

	amounts in millions
Summary balance sheet data:
Current assets	$	1,850	1,544
Total assets	$	2,497	2,198
Long-term debt, including current portion	$	46	48
Attributed net assets	$	2,169	2,040

		Three months ended June 30,						Six months ended June 30,

		2010			2009			2010			2009
		amounts in millions
Summary operations data:
Revenue		$	311			299			618			596
Operating expenses			(172	)		(160	)		(337	)		(322	)
Selling, general and administrative expenses(1)			(39	)		(58	)		(84	)		(106	)
Depreciation and amortization			(4	)		(6	)		(9	)		(12	)

	Operating income		96			75			188			156
Other income (expense), net			(1	)		3			—			—
Income tax expense			(34	)		(19	)		(70	)		(37	)

	Earnings from continuing operations		61			59			118			119
Earnings from discontinued operations			—			90			—			111

	Net earnings	$	61			149			118			230

(1): Includes stock-based compensation of $3 million and $23 million for the three months ended June 30, 2010 and 2009, respectively, and $9 million and $40 million for the six months ended June 30, 2010 and 2009, respectively.

SUMMARY ATTRIBUTED FINANCIAL DATA

Capital Group

	June 30, 2010

	amounts in millions
Summary balance sheet data:
Current assets	$	2,544	4,087
Cost investments	$	3,768	3,355
Total assets	$	8,186	9,373
Long-term debt, including current portion	$	2,014	3,653
Deferred income tax liabilities, including current portion	$	1,279	2,260
Attributed net assets	$	2,224	1,275

		Three months ended June 30,						Six months ended June 30,

		2010			2009			2010			2009
		amounts in millions
Summary operations data:
Revenue		$	200			199			366			324
Operating expenses			(196	)		(142	)		(301	)		(235	)
Selling, general and administrative expenses(1)			(66	)		(54	)		(181	)		(119	)
Depreciation and amortization			(21	)		(22	)		(37	)		(42	)

	Operating loss		(83	)		(19	)		(153	)		(72	)
Interest expense			(10	)		(33	)		(33	)		(73	)
Realized and unrealized gains (losses) on financial instruments, net			(88	)		239			55			40
Other income, net			50			157			57			175
Income tax benefit (expense)			46			(143	)		11			(29	)

	Net earnings (loss)	$	(85	)		201			(63	)		41

(1): Includes stock-based compensation of $3 million and $1 million for the three months ended June 30, 2010 and 2009, respectively, and $14 million and $2 million for the six months ended June 30, 2010 and 2009, respectively.

BALANCE SHEET INFORMATION
June 30, 2010
(unaudited)

			Attributed (note 1)

			Interactive Group		Starz Group			Capital Group			Inter-group eliminations			Consolidated Liberty
			amounts in millions
Assets
Current assets:
	Cash and cash equivalents		$	1,100		946			2,060			—			4,106
	Trade and other receivables, net			1,005		194			128			—			1,327
	Inventory, net			956		—			—			—			956
	Program rights			—		508			—			—			508
	Current deferred tax assets			—		61			—			(61	)		—
	Other current assets			77		141			356			(14	)		560

		Total current assets		3,138		1,850			2,544			(75	)		7,457

Investments in available-for-sale securities and other cost investments (note 2)				281		21			3,768			—			4,070
Investments in affiliates, accounted for using the equity method (note 3)				865		—			152			—			1,017
Property and equipment, net				993		103			157			—			1,253
Goodwill				5,824		133			200			—			6,157
Trademarks				2,492		2						—			2,494
Other non-amortizable intangibles				—		—			153			—			153
Intangible assets subject to amortization, net				2,644		1			179			—			2,824
Other assets, at cost, net of accumulated amortization				83		387			1,033			(81	)		1,422

		Total assets	$	16,320		2,497			8,186			(156	)		26,847

Liabilities and Equity
Current liabilities:
	Accounts payable		$	450		6			11			—			467
	Accrued liabilities			575		181			154			—			910
	Intergroup payable (receivable)			32		(104	)		72			—			—
	Financial instruments			164		—			910			—			1,074
	Current portion of debt (note 4)			703		4			84			—			791
	Current deferred tax liabilities			104		—			1,279			(61	)		1,322
	Other current liabilities			157		142			316			(14	)		601

		Total current liabilities		2,185		229			2,826			(75	)		5,165

Long-term debt (note 4)				5,392		42			1,930			—			7,364
Deferred income tax liabilities				2,655		9			—			(81	)		2,583
Other liabilities				254		48			1,207			—			1,509

		Total liabilities		10,486		328			5,963			(156	)		16,621
Equity/Attributed net assets				5,716		2,169			2,224			—			10,109
Noncontrolling interests in equity of subsidiaries				118		—			(1	)		—			117

		Total liabilities and equity	$	16,320		2,497			8,186			(156	)		26,847

STATEMENT OF OPERATIONS AND COMPREHENSIVE EARNINGS (LOSS) INFORMATION
Three months ended June 30, 2010
(unaudited)

				Attributed (note 1)

				Interactive Group			Starz Group			Capital Group			Consolidated Liberty
				amounts in millions
Revenue:
	Net retail sales			$	2,053			—			—			2,053
	Communications and programming services				—			311			200			511

					2,053			311			200			2,564

Operating costs and expenses:
	Cost of sales				1,284			—			—			1,284
	Operating				190			172			196			558
	Selling, general and administrative, including stock-based compensation (note 5)				166			39			66			271
	Depreciation and amortization				139			4			21			164

					1,779			215			283			2,277

		Operating income (loss)			274			96			(83	)		287
Other income (expense):
	Interest expense				(163	)		(1	)		(10	)		(174	)
	Intergroup interest income (expense)				1			—			(1	)		—
	Share of earnings of affiliates, net (note 3)				36			—			3			39
	Realized and unrealized gains (losses) on financial instruments, net				7			—			(88	)		(81	)
	Gains on dispositions, net				—			—			25			25
	Other, net				(21	)		—			23			2

					(140	)		(1	)		(48	)		(189	)

		Earnings (loss) before income taxes			134			95			(131	)		98
Income tax (expense) benefit					(69	)		(34	)		46			(57	)

		Net earnings (loss)			65			61			(85	)		41
Less net earnings (loss) attributable to the noncontrolling interests					7			—			(3	)		4

Net earnings (loss) attributable to Liberty Media Corporation shareholders				$	58			61			(82	)		37

Net earnings (loss)				$	65			61			(85	)		41

Other comprehensive earnings (loss), net of taxes:
	Foreign currency translation adjustments				(50	)		—			—			(50	)
	Unrealized holding losses arising during the period				(6	)		—			(61	)		(67	)
	Recognition of previously unrealized gains on available-for-sale securities, net				(1	)		—			(13	)		(14	)
	Share of other comprehensive loss of equity affiliates				(6	)		—			—			(6	)
	Other, net				12			—			—			12

		Other comprehensive loss			(51	)		—			(74	)		(125	)

			Comprehensive earnings (loss)		14			61			(159	)		(84	)
Less comprehensive earnings attributable to the noncontrolling interests					—			—			11			11

Comprehensive earnings (loss) attributable to Liberty Media Corporation shareholders				$	14			61			(170	)		(95	)

STATEMENT OF OPERATIONS AND COMPREHENSIVE EARNINGS (LOSS) INFORMATION Three months ended June 30, 2009
(unaudited)

				Attributed (note 1)

				Interactive Group			Starz Group			Capital Group			Consolidated Liberty
				amounts in millions
Revenue:
	Net retail sales			$	1,936			—			—			1,936
	Communications and programming services				—			299			199			498

					1,936			299			199			2,434

Operating costs and expenses:
	Cost of sales				1,208			—			—			1,208
	Operating				175			160			142			477
	Selling, general and administrative, including stock-based compensation (notes 1 and 5)				152			58			54			264
	Depreciation and amortization				135			6			22			163

					1,670			224			218			2,112

		Operating income (loss)			266			75			(19	)		322
Other income (expense):
	Interest expense				(110	)		—			(33	)		(143	)
	Intergroup interest income (expense)				(2	)		1			1			—
	Share of earnings (loss) of affiliates, net				12			(2	)		4			14
	Realized and unrealized gains on financial instruments, net				25			2			239			266
	Gains (losses) on dispositions, net				(1	)		1			113			113
	Other, net				41			1			39			81

					(35	)		3			363			331

		Earnings from continuing operations before income taxes			231			78			344			653
Income tax expense (note 6)					(95	)		(19	)		(143	)		(257	)

		Earnings from continuing operations			136			59			201			396
Earnings from discontinued operations, net of taxes					—			90			—			90

		Net earnings			136			149			201			486
Less net earnings attributable to the noncontrolling interests					8			—			—			8

Net earnings attributable to Liberty Media Corporation shareholders				$	128			149			201			478

		Net earnings		$	136			149			201			486

Other comprehensive earnings (loss), net of taxes:
	Foreign currency translation adjustments				67			6			1			74
	Unrealized holding gains (losses) arising during the period				12			(1	)		10			21
	Share of other comprehensive earnings (losses) of equity affiliates				10			(5	)		—			5
	Other comprehensive loss from discontinued operations				—			(5	)		—			(5	)
	Other, net				20			—			—			20

		Other comprehensive earnings (loss)			109			(5	)		11			115

			Comprehensive earnings		245			144			212			601
Less comprehensive earnings attributable to the noncontrolling interests					11			—			—			11

Comprehensive earnings attributable to Liberty Media Corporation shareholders				$	234			144			212			590

STATEMENT OF OPERATIONS AND COMPREHENSIVE EARNINGS INFORMATION
Six months ended June 30, 2010
(unaudited)

					Attributed (note 1)

					Interactive Group			Starz Group			Capital Group			Consolidated Liberty
					amounts in millions
Revenue:
	Net retail sales				$	4,078			—			—			4,078
	Communications and programming services					—			618			366			984

						4,078			618			366			5,062

Operating costs and expenses:
	Cost of sales					2,578			—			—			2,578
	Operating					376			337			301			1,014
	Selling, general and administrative including stock-based compensation (notes 1 and 5)					352			84			181			617
	Depreciation and amortization					280			9			37			326

						3,586			430			519			4,535

		Operating income (loss)				492			188			(153	)		527
Other income (expense):
	Interest expense					(310	)		(1	)		(33	)		(344	)
	Intergroup interest income (expense)					(3	)		2			1			—
	Share of earnings (losses) of affiliates, net					59			—			(11	)		48
	Realized and unrealized gains (losses) on financial instruments, net					32			(1	)		55			86
	Gains on dispositions, net					364			—			24			388
	Other, net					(43	)		—			43			—

						99			—			79			178

		Earnings (loss) before income taxes				591			188			(74	)		705
Income tax (expense) benefit (note 6)						(206	)		(70	)		11			(265	)

		Net earnings (loss)				385			118			(63	)		440
Less net earnings (loss) attributable to the noncontrolling interests						17			—			(3	)		14

Net earnings (loss) attributable to Liberty Media Corporation shareholders					$	368			118			(60	)		426

		Net earnings (loss)			$	385			118			(63	)		440

Other comprehensive earnings (loss), net of taxes:
	Foreign currency translation adjustments					(102	)		—			—			(102	)
	Unrealized holding gains (loss) arising during the period					29			—			(31	)		(2	)
	Recognition of previously unrealized gains on available-for-sale securities, net					(113	)		—			(13	)		(126	)
	Share of other comprehensive loss of equity affiliates					(1	)		—			—			(1	)
	Reattribution of other comprehensive income between tracking stocks					(30	)		—			30			—
	Other					25			—			—			25

			Other comprehensive loss			(192	)		—			(14	)		(206	)

				Comprehensive earnings (loss)		193			118			(77	)		234
Less comprehensive earnings attributable to the noncontrolling interests						9			—			11			20

Comprehensive earnings (loss) attributable to Liberty Media Corporation shareholders					$	184			118			(88	)		214

STATEMENT OF OPERATIONS AND COMPREHENSIVE EARNINGS INFORMATION
Six months ended June 30, 2009
(unaudited)

				Attributed (note 1)

				Interactive Group			Starz Group			Capital Group			Consolidated Liberty
				amounts in millions
Revenue:
	Net retail sales			$	3,767			—			—			3,767
	Communications and programming services				—			596			324			920

					3,767			596			324			4,687

Operating costs and expenses:
	Cost of sales				2,391			—			—			2,391
	Operating				347			322			235			904
	Selling, general and administrative including stock-based compensation (notes 1 and 5)				297			106			119			522
	Depreciation and amortization				282			12			42			336

					3,317			440			396			4,153

		Operating income (loss)			450			156			(72	)		534
Other income (expense):
	Interest expense				(206	)		(1	)		(73	)		(280	)
	Intergroup interest income (expense)				(2	)		1			1			—
	Share of losses of affiliates, net				(83	)		(4	)		(4	)		(91	)
	Realized and unrealized gains (losses) on financial instruments, net				(47	)		9			40			2
	Gains (losses) on dispositions, net				(3	)		1			113			111
	Other, net				33			(6	)		65			92

					(308	)		—			142			(166	)

		Earnings from continuing operations before income taxes			142			156			70			368
Income tax expense (note 6)					(54	)		(37	)		(29	)		(120	)

		Earnings from continuing operations			88			119			41			248
Earnings from discontinued operations, net of taxes					—			111			—			111

		Net earnings			88			230			41			359
Less net earnings attributable to the noncontrolling interests					17			—			—			17

Net earnings attributable to Liberty Media Corporation shareholders				$	71			230			41			342

		Net earnings		$	88			230			41			359

Other comprehensive earnings (loss), net of taxes:
	Foreign currency translation adjustments				(20	)		6			1			(13	)
	Unrealized holding gains (losses) arising during the period				8			(2	)		13			19
	Recognition of previously unrealized losses on available-for-sale securities, net				1			1			—			2
	Share of other comprehensive loss of equity affiliates				(5	)		(5	)		—			(10	)
	Other comprehensive loss from discontinued operations				—			(6	)		—			(6	)
	Other				37			—			—			37

		Other comprehensive earnings (loss)			21			(6	)		14			29

			Comprehensive earnings		109			224			55			388
Less comprehensive earnings attributable to the noncontrolling interests					7			—			—			7

Comprehensive earnings attributable to Liberty Media Corporation shareholders				$	102			224			55			381

STATEMENT OF CASH FLOWS INFORMATION
Six months ended June 30, 2010
(unaudited)

				Attributed (note 1)

				Interactive Group			Starz Group			Capital Group			Consolidated Liberty
				amounts in millions
Cash flows from operating activities:
	Net earnings			$	385			118			(63	)		440
	Adjustments to reconcile net earnings to net cash provided by operating activities:
		Depreciation and amortization			280			9			37			326
		Stock-based compensation			37			9			14			60
		Cash payments for stock based compensation			(11	)		(29	)		—			(40	)
		Noncash interest expense			49			—			1			50
		Share of losses (earnings) of affiliates, net			(59	)		—			11			(48	)
		Cash receipts from return on equity investments			10			—			—			10
		Realized and unrealized gains (losses) on financial instruments, net			(32	)		1			(55	)		(86	)
		Gains on disposition of assets, net			(364	)		—			(24	)		(388	)
		Intergroup tax allocation			99			57			(156	)		—
		Intergroup tax payments			(190	)		17			173			—
		Deferred income tax expense			66			12			28			106
		Other noncash charges, net			31			12			69			112
		Changes in operating assets and liabilities
			Current and other assets		241			(72	)		(81	)		88
			Payables and other current liabilities		(342	)		70			173			(99	)

Net cash provided by operating activities					200			204			127			531

Cash flows from investing activities:
	Cash proceeds from dispositions				459			29			30			518
	Proceeds (payments) related to settlement of financial instruments				(31	)		—			750			719
	Investments in and loans to cost and equity investees				—			—			(257	)		(257	)
	Repayment of loan by equity investee				—			—			98			98
	Capital expended for property and equipment				(123	)		(1	)		(5	)		(129	)
	Net purchases of short term investments				—			(137	)		(170	)		(307	)
	Net (increase) decrease in restricted cash				1			(20	)		(11	)		(30	)
	Reattribution of cash				807			—			(807	)		—
	Other investing activities, net				(8	)		—			6			(2	)

Net cash provided (used) by investing activities					1,105			(129	)		(366	)		610

Cash flows from financing activities:
	Borrowings of debt				1,048			—			88			1,136
	Repayments of debt				(1,763	)		(2	)		(973	)		(2,738	)
	Intergroup debt borrowings/(repayments)				(316	)		158			158			—
	Repurchases of Liberty common stock				—			(40	)		(286	)		(326	)
	Other financing activities, net				(43	)		(39	)		155			73

Net cash provided (used) by financing activities					(1,074	)		77			(858	)		(1,855	)

Effect of foreign currency rates on cash					(15	)		—			—			(15	)

	Net increase (decrease) in cash and cash equivalents				216			152			(1,097	)		(729	)
	Cash and cash equivalents at beginning of period				884			794			3,157			4,835

	Cash and cash equivalents at end period			$	1,100			946			2,060			4,106

STATEMENT OF CASH FLOWS INFORMATION
Six months ended June 30, 2009
(unaudited)

				Attributed (note 1)

				Interactive Group			Starz Group			Capital Group			Consolidated Liberty
				amounts in millions
Cash flows from operating activities:
	Net earnings			$	88			230			41			359
	Adjustments to reconcile net earnings to net cash provided by operating activities:
		Earnings from discontinued operations			—			(111	)		—			(111	)
		Depreciation and amortization			282			12			42			336
		Stock-based compensation			21			40			2			63
		Cash payments for stock based compensation			(9	)		(2	)		—			(11	)
		Noncash interest expense			39			35			—			74
		Share of losses of affiliates, net			83			4			4			91
		Realized and unrealized losses (gains) on financial instruments, net			47			(9	)		(40	)		(2	)
		Losses (gains) on disposition of assets, net			3			(1	)		(113	)		(111	)
		Intergroup tax allocation			97			57			(154	)		—
		Intergroup tax payments			(138	)		(117	)		255			—
		Other intergroup cash transfers, net			8			(4	)		(4	)		—
		Deferred income tax expense (benefit)			(96	)		(22	)		59			(59	)
		Other noncash charges (credits), net			(22	)		(29	)		35			(16	)
		Changes in operating assets and liabilities, net of the effects of acquisitions:
			Current assets		350			(1	)		34			383
			Payables and other current liabilities		(234	)		23			64			(147	)

Net cash provided by operating activities					519			105			225			849

Cash flows from investing activities:
	Cash proceeds from dispositions				72			2			346			420
	Proceeds from settlement of financial instruments				—			21			40			61
	Investments in and loans to cost and equity investees				(23	)					(586	)		(609	)
	Capital expenditures				(84	)		(2	)		(7	)		(93	)
	Net sales of short term investments				—			—			59			59
	Net decrease (increase) in restricted cash				(13	)		1			36			24
	Other investing activities, net				(1	)		(35	)		(4	)		(40	)

Net cash used by investing activities					(49	)		(13	)		(116	)		(178	)

Cash flows from financing activities:
	Borrowings of debt				15			—			1,964			1,979
	Intergroup debt borrowings				502			(251	)		(251	)		—
	Repayments of debt				(760	)		(2	)		(973	)		(1,735	)
	Repurchases of Liberty common stock				—			—			(3	)		(3	)
	Other financing activities, net				(97	)		—			31			(66	)

Net cash provided (used) by financing activities					(340	)		(253	)		768			175

Effect of foreign currency rates on cash					(16	)		(8	)		—			(24	)

Net cash provided by discontinued operations:
	Cash used by operating activities				—			(3	)		—			(3	)
	Cash used by investing activities				—			(17	)		—			(17	)
	Cash provided by financing activities				—			—			—			—
	Change in available cash held by discontinued operations				—			45			—			45

Net cash provided by discontinued operations					—			25			—			25

	Net increase (decrease) in cash and cash equivalents				114			(144	)		877			847
	Cash and cash equivalents at beginning of period				832			732			1,496			3,060

	Cash and cash equivalents at end period			$	946			588			2,373			3,907

Notes to Attributed Financial Information

(unaudited)

(1): The assets attributed to our Interactive Group include our consolidated subsidiaries QVC, Inc., Provide Commerce, Inc., Backcountry.com, Inc., Bodybuilding.com, LLC and BuySeasons, Inc., and our interests in IAC/InterActiveCorp, GSI Commerce, Inc., Expedia, Inc., HSN, Inc., Interval Leisure Group, Inc. and Tree.com, Inc. Accordingly, the accompanying attributed financial information for the Interactive Group includes our investments in IAC/InterActiveCorp, Expedia, GSI, HSN, Interval and Lending Tree, as well as the assets, liabilities, revenue, expenses and cash flows of QVC, Provide, Backcountry, Bodybuilding and BuySeasons. We have also attributed certain of our debt obligations (and related interest expense) to the Interactive Group based upon a number of factors, including the cash flow available to the Interactive Group and its ability to pay debt service and our assessment of the optimal capitalization for the Interactive Group. The specific debt obligations attributed to each of the Interactive Group, the Starz Group and the Capital Group are described in note 4 below. In addition, we have allocated certain corporate general and administrative expenses among the Interactive Group, the Starz Group and the Capital Group as described in note 5 below.

The Interactive Group focuses on video and on-line commerce businesses. Accordingly, we expect that businesses that we may acquire in the future that we believe are complementary to this strategy will also be attributed to the Interactive Group.

The Starz Group consists primarily of our subsidiary Starz Entertainment, LLC and approximately $583 million of corporate cash. Accordingly, the accompanying attributed financial information for the Starz Group includes these investments and the assets, liabilities, revenue, expenses and cash flows of these consolidated subsidiaries.

The Starz Group focuses primarily on video programming. Accordingly, we expect that businesses we may acquire in the future that we believe are complementary to this strategy will also be attributed to the Starz Group.

The Capital Group consists of all of our businesses not included in the Interactive Group or the Starz Group, including our consolidated subsidiaries Starz Media, LLC, Atlanta National League Baseball Club, Inc., TruePosition, Inc. and certain cost and equity investments. Accordingly, the accompanying attributed financial information for the Capital Group includes these investments and the assets, liabilities, revenue, expenses and cash flows of these consolidated subsidiaries. In addition, we have attributed to the Capital Group all of our notes and debentures (and related interest expense) that have not been attributed to the Interactive Group or the Starz Group. See note 4 below for the debt obligations attributed to the Capital Group.

Any businesses that we may acquire in the future that are not attributed to the Interactive Group or the Entertainment Group will be attributed to the Capital Group.

While we believe the allocation methodology described above is reasonable and fair to each group, we may elect to change the allocation methodology in the future. In the event we elect to transfer assets or businesses from one group to the other, such transfer would be made on a fair value basis and would be accounted for as a short-term loan unless our board of directors determines to account for it as a long-term loan or through an inter-group interest.

On February 25, 2010, Liberty announced that its board of directors had resolved to effect the following changes in attribution between the Capital Group and the Interactive Group, effective immediately (the "Reattribution"):

•: the change in attribution from the Interactive Group to the Capital Group of Liberty's 14.6% ownership interest in Live Nation Entertainment, Inc.;

Notes to Attributed Financial Information (Continued)

(unaudited)

•

the change in attribution from the Capital Group to the Interactive Group of the following debt securities:

•: $469 million in principal amount of 4% Exchangeable Senior Debentures due 2029 (the "2029 Exchangeables");
•: $460 million in principal amount of 3.75% Exchangeable Senior Debentures due 2030 (the "2030 Exchangeables"); and
•: $492 million in principal amount of 3.5% Exchangeable Senior Debentures due 2031 (the "2031 Exchangeables", and together with the 2029 Exchangeables and the 2030 Exchangeables, the "Exchangeable Notes");

•

the change in attribution from the Capital Group to the Interactive Group of approximately $830 million in net taxable income to be recognized ratably in tax years 2014 through 2018 as a result of the cancellation in April 2009 of $400 million in principal amount of 2029 Exchangeables and $350 million in principal amount of 2030 Exchangeables; and

•

the change in attribution from the Capital Group to the Interactive Group of $807 million in cash.

Liberty has accounted for the Reattribution prospectively. This change in attribution had no effect on the assets and liabilities attributed to the Starz Group.

The reattribution between the groups resulted in the following impact to attributed net assets:

					Interactive Group increase (decrease)

					amounts in millions
Assets:
	Cash				$	807		(807	)
	Investment in available-for-sale securities					(307	)	307

			Net increase (decrease) to assets			500		(500	)
Liabilities (including accumulated other comprehensive earnings:
		Exchangeable senior debentures (including accrued interest)				767		(767	)
		Deferred tax liabilities				1,048		(1,048	)
		Accumulated other comprehensive earnings				(30	)	30

				Net increase (decrease) to liabilities		1,785		(1,785	)
Impact to attributed net assets					$	(1,285	)	1,285

The assets and liabilities were reattributed at their book values versus the estimated fair values of those assets and liabilities that were considered by our board of directors, among other factors, in approving the reattribution. As a result, on a book value basis there is a transfer of net assets between the tracking stocks of $1,285 million. The principal reasons for the difference between fair value and book value is (i) the deferred tax liabilities under GAAP are required to be carried at the gross undiscounted basis difference multiplied by the company's effective tax rate whereas on a fair value basis, these future tax liabilities are not expected to be incurred for many years and therefore their present discounted value is substantially less, and (ii) the senior exchangeables are expected to continue to generate interest deductions for tax purposes in excess of the annual cash

Notes to Attributed Financial Information (Continued)

(unaudited)

coupon over their remaining life, the present value of which is not reflected in the book values of the reattributed assets and liabilities.

During the second quarter of 2009, each of the Starz Group and the Capital Group made intergroup loans to the Interactive Group in the amount of $250 million. Such loans (i) are secured by various public stocks attributed to the Interactive Group, (ii) accrue interest quarterly at the rate of LIBOR plus 500 basis points and (iii) are due June 16, 2010. In the first quarter of 2010, the Interactive Group repaid the remaining balance of the intergroup loans by making payments of $158 million to each of the Starz Group and the Capital Group.

During the second quarter of 2010, Liberty announced that its board of directors has authorized its management to proceed with a plan to separate its Liberty Capital and Liberty Starz tracking stock groups from its Liberty Interactive tracking stock group.

The proposed split-off will be effected by the redemption of all the outstanding shares of Liberty Capital tracking stock and Liberty Starz tracking stock in exchange for shares in a newly formed company ("Splitco"). Splitco will hold substantially all the assets and be subject to substantially all the liabilities currently attributed to the Liberty Capital and Liberty Starz tracking stock groups. The common stock of Splitco will be divided into two tracking stock groups, one tracking assets that are currently attributed to the Liberty Capital group ("Splitco Capital") and the other tracking assets that are currently attributed to the Liberty Starz group ("Splitco Starz"). In the redemption, holders of Liberty Capital tracking stock will receive shares of Splitco Capital tracking stock and holders of Liberty Starz tracking stock will receive shares of Splitco Starz tracking stock. After the redemption, Splitco and Liberty will be separate public companies.

The proposed split-off is intended to be tax-free to stockholders of Liberty and its completion will be subject to various conditions including the receipt of IRS private letter rulings, the opinions of tax counsel and required governmental approvals. The redemption that is necessary to effect the proposed split-off will require the affirmative vote of a majority of the voting power of the outstanding shares of Liberty Capital tracking stock and Liberty Starz tracking stock at a meeting called to consider the redemption, each voting as a separate class.

On August 6, 2010, Liberty announced that it had filed suit in the Delaware Court of Chancery against the trustee under the indenture governing the public indebtedness issued by the Company's subsidiary, Liberty Media, LLC. The lawsuit was filed in response to allegations made by a law firm purporting to represent a holder with a large position in this public indebtedness. The lawsuit seeks a declaratory judgment by the court that the proposed split-off will not constitute a disposition of "all or substantially all" of the assets of Liberty Media, LLC, as those terms are used in the indenture, as well as related injunctive relief. Resolution of the subject matter of this lawsuit is a condition to Liberty completing the proposed split-off. Subject to the satisfaction of the conditions described above, Liberty intends to complete the proposed split-off in late 2010 or early 2011.

Notes to Attributed Financial Information (Continued)

(unaudited)

(2): Investments in available-for-sale securities, including non-strategic securities, and other cost investments are summarized as follows:

				June 30, 2010

				amounts in millions
Capital Group
	Time Warner Inc.(a)			$	990	997
	Time Warner Cable Inc.(a)				447	356
	Sprint Nextel Corporation(a)				301	260
	Motorola, Inc.(a)				339	403
	Viacom, Inc.				238	226
	Live Nation Entertainment, Inc.(b)				260	—
	CenturyLink, Inc.(a)				179	195
	Other available-for-sale equity securities(a)				179	220
	SIRIUS XM debt securities(c)				399	300
	Other available-for-sale debt securities				429	376
	Other cost investments and related receivables				7	22

		Total attributed Capital Group			3,768	3,355

Interactive Group
	IAC/InterActiveCorp(d)				281	492
	Other(e)				—	242

		Total attributed Interactive Group			281	734

Starz Group
	Other				21	31

		Total attributed Starz Group			21	31

			Consolidated Liberty	$	4,070	4,120

(a): Includes shares pledged as collateral for share borrowing arrangements.
(b): On January 25, 2010, Live Nation, Inc. and Ticketmaster Entertainment, Inc. completed a merger transaction. Liberty owned approximately 29% of the outstanding common stock of Ticketmaster and received 1.474 shares of Live Nation Entertainment, Inc. for each share of Ticketmaster. As a result of the merger Liberty now owns approximately 15% of combined entity and accounts for the new investment as an AFS security. Liberty recorded the transaction at fair value and recorded a $178 million gain. At the time of the merger that investment was attributed to the Interactive Group. As a result of the reattribution the Live Nation investment is attributed to the Capital Group.
(c): During the six months ended June 30, 2010 Liberty acquired $150 million of SIRIUS XM 8.75% bonds due April 15, 2015 at par and SIRIUS XM repurchased and retired certain public bonds of which Liberty owned approximately $55 million of principal amounts. Proceeds from the repurchase were approximately $58 million.
(d): During the three months ended March 31, 2010, Liberty sold approximately 3.7 million shares of IAC in the open market for cash proceeds of approximately $77 million. Liberty also physically settled a derivative by delivering 7.5 million shares of IAC for proceeds of

Notes to Attributed Financial Information (Continued)

(unaudited)

$153 million. The combined gain on the disposition of IAC shares recorded in gains (losses) on dispositions, net was $53 million.

(e): During the three months ended March 31, 2010, QVC sold its investment in GSI Commerce for aggregate cash proceeds of $220 million. QVC recognized a $132 million gain on the sale.

(3): The following table presents information regarding certain equity method investments:

									Share of earnings (losses) six months ended June 30,

		June 30, 2010
		Percentage ownership			Carrying value		Market value
		Percentage ownership			Carrying value		Market value		2010		2009
		dollar amounts in millions
Interactive Group
	Expedia		24	%	$	650	$	1,300	$	42	$	19
Capital Group
	SIRIUS XM(a)		40	%	$	50	$	2,458	$	—	$	4

(a): As of June 30, 2010, the SIRIUS XM Preferred Stock had a market value of $2,458 million based on the value of the common stock into which it is convertible.

Notes to Attributed Financial Information (Continued)

(unaudited)

(4): Debt attributed to the Interactive Group, the Starz Group and the Capital Group is comprised of the following:

			June 30, 2010

			Outstanding principal		Carrying value
			amounts in millions
Capital Group
	3.125% Exchangeable Senior Debentures due 2023		$	1,138		1,178
	Liberty bank facility			750		750
	Subsidiary debt			86		86

		Total attributed Capital Group debt		1,974		2,014

Interactive Group
	5.7% Senior Notes due 2013			374		373
	8.5% Senior Debentures due 2029			287		284
	8.25% Senior Debentures due 2030			504		501
	4% Exchangeable Senior Debentures due 2029			469		243
	3.75% Exchangeable Senior Debentures due 2030			460		232
	3.5% Exchangeable Senior Debentures due 2031			492		261
	3.25% Exchangeable Senior Debentures due 2031			541		321
	QVC 7.125% Senior Secured Notes due 2017			500		500
	QVC 7.5% Senior Secured Notes due 2019			1,000		984
	QVC 7.375% Senior Secured Notes due 2020			500		500
	QVC bank credit facilities			1,825		1,825
	Other subsidiary debt			71		71

		Total attributed Interactive Group debt		7,023		6,095

Starz Group
	Subsidiary debt			46		46

		Total attributed Starz Group debt		46		46

Total debt			$	9,043		8,155

(5): Cash compensation expense for our corporate employees has been allocated among the Interactive Group, the Starz Group and the Capital Group based on the estimated percentage of time spent providing services for each group. Stock compensation is allocated directly to the tracking stock groups based on the underlying stock of the options or other equity awards. Other general and administrative expenses are charged directly to the groups whenever possible and are otherwise allocated based on estimated usage or some other reasonably determined methodology. Amounts allocated from the Capital Group to the Interactive Group and the Starz Group, including stock-based compensation, are as follows:

	Six months ended June 30,

	2010		2009
	amounts in millions
Interactive Group	$	21		12
Starz Group	$	9		40

Notes to Attributed Financial Information (Continued)

(unaudited)

While we believe that this allocation method is reasonable and fair to each group, we may elect to change the allocation methodology or percentages used to allocate general and administrative expenses in the future.

(6): We have accounted for income taxes for the Interactive Group, the Starz Group and the Capital Group in the accompanying attributed financial information in a manner similar to a stand-alone company basis. To the extent this methodology differs from our tax sharing policy, differences have been reflected in the attributed net assets of the groups.
(7): The Liberty Interactive common stock, the Liberty Starz common stock and the Liberty Capital common stock have voting and conversion rights under our amended charter. Following is a summary of those rights. Holders of Series A common stock of each group are entitled to one vote per share and holders of Series B common stock of each group are entitled to ten votes per share. Holders of Series C common stock of each group, if issued, will be entitled to 1/100th of a vote per share in certain limited cases and will otherwise not be entitled to vote. In general, holders of Series A and Series B common stock vote as a single class. In certain limited circumstances, the board may elect to seek the approval of only the holders of common stock related to our Interactive Group, our Starz Group or our Capital Group.

At the option of the holder, each share of Series B common stock is convertible into one share of Series A common stock of the same group. At the discretion of our board, the common stock related to one group may be converted into common stock of the same series that is related to one of our other groups.

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Exhibit 99.1

Attributed Financial Information for Tracking Stock Groups
SUMMARY ATTRIBUTED FINANCIAL DATA
BALANCE SHEET INFORMATION June 30, 2010 (unaudited)
STATEMENT OF OPERATIONS AND COMPREHENSIVE EARNINGS INFORMATION Six months ended June 30, 2010 (unaudited)
STATEMENT OF OPERATIONS AND COMPREHENSIVE EARNINGS INFORMATION Six months ended June 30, 2009 (unaudited)
STATEMENT OF CASH FLOWS INFORMATION Six months ended June 30, 2010 (unaudited)
STATEMENT OF CASH FLOWS INFORMATION Six months ended June 30, 2009 (unaudited)
Notes to Attributed Financial Information (unaudited)