Â鶹×îгöÆ· Media Reports Appeal in Indenture Litigation

ENGLEWOOD, Colo.--(BUSINESS WIRE)-- Â鶹×îгöÆ· ("Â鶹×îгöÆ·") (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 Â鶹×îгöÆ· Capital and Â鶹×îгöÆ· Starz tracking stock groups will not constitute a disposition of all or substantially all the assets of Â鶹×îгöÆ· Media, LLC under the indenture governing its public indebtedness. Â鶹×îгöÆ· 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 Â鶹×îгöÆ· can complete the Split-Off under the terms of Â鶹×îгöÆ·'s charter without seeking another vote of the Â鶹×îгöÆ· Capital and Â鶹×îгöÆ· 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 Â鶹×îгöÆ·'s proxy statement.

About Â鶹×îгöÆ·

Â鶹×îгöÆ· 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 Â鶹×îгöÆ· Interactive group (Nasdaq: LINTA, LINTB), which includes Â鶹×îгöÆ· Media's interests in QVC, Provide Commerce, Backcountry.com, Celebrate Interactive, Bodybuilding.com and Expedia, (2) the Â鶹×îгöÆ· Starz group (Nasdaq: LSTZA, LSTZB), which includes Â鶹×îгöÆ· Media's interest in Starz, LLC, and (3) the Â鶹×îгöÆ· 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., Â鶹×îгöÆ· 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 Â鶹×îгöÆ·'s tracking stocks. The offer and sale of shares in the proposed split-off will only be made pursuant to Â鶹×îгöÆ· CapStarz, Inc.'s effective registration statement (f/k/a Â鶹×îгöÆ· Splitco, Inc.). Â鶹×îгöÆ· stockholders and other investors are urged to read the Form S-4 registration statement on file with the SEC, including Â鶹×îгöÆ·'s proxy statement/prospectus contained therein, because they contain important information about the split-off. Copies of Â鶹×îгöÆ·'s and Â鶹×îгöÆ· 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 Â鶹×îгöÆ·, 12300 Â鶹×îгöÆ· Boulevard, Englewood, Colorado 80112, Attention: Investor Relations, Telephone: (720) 875-5408.


    Source: Â鶹×îгöÆ·