LEI Transfer of Cont

OTHER submitted by Liberty Media Corporation

Post grant amendment

2009-05-08

This document pretains to SAT-T/C-20090127-00011 for Transfer of Control on a Satellite Space Stations filing.

IBFS_SATTC2009012700011_711066

Nelson Mullins Nelson Mullns Riley & Scarborough LLP Robert L. Hoegle Attorneys and Counselors at Law 101 Constitution Avenue, NW I Suite 90 I Washington, DC 2001 (Admitted in DC & NY) Tel: 202.712.2800 Fax: 202.712.2860 Tel: 202.712.2816 Fax: 202.712.2836 www.nelsonmullns.com bob.hoeglet?nelsonmullins.com May 8, 2009 Via Electronic Filing Ms. Marlene H. Dortch, Secretary Offce of the Secretary Federal Communications Commission 445 12th Street, S.W. Washington, D.C. 20554 Re: Liberty Entertainment, Inc. Transfer of Control Applications: SAT-T/C- 20090127-00010, SAT-T/C-20090127-00011, SES-T/C-20090130-00125, SES- T/C-20090130-00127, SES- T/C-20090130-00128, SES- T/C-20090130-00129, SES- T / C-20090 130-00 134, SES- T / C-20090 130-00 135, and SES- T / C-20090 128- 00074 Dear Ms. Dortch: On January 27, 2009, Liberty Media Corporation ("Liberty Media") filed the above- referenced applications requesting consent to the pro form transfer of control of the space station and earth station licenses held by DIRECTV Enterprises, LLC, Californa Broadcast Center, LLC, and Game Show Network, LLC ("GSN") to Liberty Entertainment, Inc. ("LEI"). The International Bureau granted the pro form transfer of control applications on April 9, 2009. See In the Matter of Application for Authority to Transfer Control of Satellte Earth Station and Space Station Licenses from Liberty Media Corporation, Transferor, to Liberty Entertainment Inc., Transferee, Order, DA 09-780 (reI. Apr. 9, 2009). Pursuant to 47 C.F.R. §1.65, this letter updates certain information contained in the applications and in an amendment to the applications fied with the FCC on March 5, 2009. As set forth below, the following updated information is provided: (1) Restructuring of, and changes in, ownership of GSN and FUN Technologies ULC ("FUN"); and (2) Revisions to lists of assets currently attributed to Libert Entertainment group trackig stock and of LEI assets following consummation of the split-off. Atlanta · Boston · Charleston · Charlotte. Columbia. Greenvile. Myrtle Beach. Raleigh. Tallahassee. Washington, DC . Winston-Salem

Ms. Marlene H. Dortch, Secretary May 8, 2009 Page 2 1. The pro form transfer of control application fied by Liberty Media for the transmit/receive earth station license held by GSN stated that Libert Media exercised negative control over GSN by virte of its 50 percent ownership interest in GSN and the management provisions of the GSN Operating Agreement. The application also stated that Sony Pictures Entertainment, Inc., an indirect wholly-owned subsidiary of Sony Corporation of America ("Sony"), through two wholly-owned subsidiaries, holds a 50 percent ownership interest in GSN. See SES-T/C-20090128-00074. GSN and subsidiaries of Sony and Liberty Media fied a pro form transfer of control application in connection with a transaction in which Liberty Media would acquire an additional 15 percent indirect ownership interest from the two Sony entities, thereby increasing its ownership interest in GSN from SO percent to 65 percent. See SES-T/C-20090213-00193. Although Liberty Media acquired a majority equity interest in GSN as a result of the transaction, pursuant to the relevant governance provisions of the GSN Operating Agreement, each of Liberty Media and Sony continues to exercise negative cqntrol of GSN. The International Bureau granted that application on March 23, 2009. Liberty Media and Sony consummated the proposed transaction on April 9, 2009. In connection with this transaction, FUN became a subsidiary of GSN, and LEI's ownership interest in FUN decreased from 100 % to 65 % . 2. Liberty Media also reports the following revisions to the list of assets currently attributable to the Liberty Entertainment Group and the assets that wil be attributable to the Liberty Entertainment group tracking stock! and LEI following consummation of the split-off: · As of March 9, 2009, a 100% interest in PicksPal, Inc. was attributed to the Libert Entertainment group tracking stock; · As of March 24, 2009, a 100% interest in CDM Fantasy Sports Corp. (previously a subsidiary of FUN) was attributed to the Liberty Entertainment group tracking stock; · Following consummation of the LEI split-off, the 100% interest in PicksPal, Inc. and the 100% interest in CDM Fantasy Sports Corp. wil continue to be attributable to the Liberty Entertainment (to be renamed Liberty Starz) group tracking stock; and · Following consummation of the LEI split-off, LEI wil hold approximately $30 milion in cash, plus cash generated by operations after March 31, 2009, and approximately $650 millon in cash and cash equivalents wil be attributed to Liberty Entertainment (to be renamed Liberty Starz) group tracking stock. i In connection with the LEI split-off, the Liberty Entertainment group wil be renamed "Liberty Starz."

Ms. Marlene H. Dortch, Secretary May 8,2009 Page 3 A revised list of assets currently attributed to the Liberty Entertainment group tracking stock and the assets to be attributed to LEI and the Liberty Entertainment (to be renamed Liberty Starz) group tracking stock following the split-off is annexed as Exhibit A. We also have included as Exhibit B revised organiational charts depicting the following information: (1) the ownership structure of Liberty Media companies currently attributed to the Liberty Entertainment group tracking stock; (2) the post split-off ownership structure of the companies to be included in LEI; and (3) the post split-off ownership structure of the Liberty Media companies that wil continue to be attributed to the Liberty Entertainment (to be renamed Liberty Starz) group tracking stock after consummation of the split-off. Finally, Liberty Media and DIRECTV Group, Inc. ("DIRECTV Group") entered into definitive agreements on May 3, 2009 for the combination of DIRECTV Group with LEI after the split-off. Liberty Media and DIRECTV Group wil fie applications for transfer of control of the associated licenses in connection with such transaction. However, Liberty Media expects the LEI split -off to occur prior to such transaction and regardless of whether such transaction occurs. If you have any questions regarding the above information, please contact me. ~ iL_y. Respectfully submitted, Robert L. HOegl~ ~'- ~7J-- Counsel for Libert Media Corporation RLH:kjk Enclosures -Doc# 51252.1-

Exhibit A

54% interest in The DIRECTV Group, Inc. 65 % interest in FUN Technologies ULC 100 % interest in Libert Sports Holdings LLC 100% interest in CDM Fantasy Sports Corp. (as of March 24, 2009) 100% interest in Starz Entertainment, LLC 100% interest in PicksPal, Inc. (as of March 9, 2009) 65% interest in Game Show Network, LLC 37% equity interest in Wildblue Communications, Inc. 54% interest in The DIRECTV Group, Inc. 65 % interest in FUN Technologies ULC 100 % interest in Liberty Sports Holdings LLC 65% interest in Game Show Network, LLC Approximately $30 millon in cash (in addition to cash generated by operations after March 31,2009) 100 % interest in Starz Entertainment, LLC 37 % equity interest in Wildblue Communications, Inc. 100% interest in CDM Fantasy Sports Corp. 100% interest in PicksPal, Inc. Approximately $650 millon in cash and cash equivalents -Doc# 51256.1-

Exhibit B

CURRENT LIBERTY ENTERTAINMENT GROUP TRACKING STOCK ASSETS '_'''m'' mmi LIBERTY MEDIA CORPORA- I TION ¡ j ¡ ~-~"...". r LIBERTY \ AL.L OVVERSHIP IS 100% UNLESS OTHERVvSE NOßD \ MEDIA. LLC J ."'. ,,/ ,i "-T-' I /-j.....~~_._.....-::=r:~....._.. ".......,.._-"..."-_...., FANTAS~ I ¡ UB.ERTY ., I ...........L. i /-. "-., /"----..-'" i. 1 /'-"" ~ ¡ '-,( //'L'~ê' .J...._ í LIBERTY \ I LIBERTY '\ SPORTS ¡ GENIUS, i (iBERTY TSAi\ (UBERTY AEG\ I' SATELLITE \ (' WlRELESS\ E;~~ZN" i:~ERTY F~~ \ PICKS. LL.C J \! FREEDOM, \ . CORP. AND ¡ INC. i \ LLC ), LLC J \ MGT, LLC J HOLDINGS.. ! '.. 1 LLC! \ASSETS, LLC) L.s~:ff. I im, mm....! "-. ~ "."J ....._,_..-/ \...::_.../ MENT, INC. '-"'-'T~"/ r":"r/ '._-_...../ I P ICKSP AL. I / LMCIlSAT\ / ". /". í HOLDINGS \ (LIBERTY LSAT~) ,UBERTY L~) ¡."m.:~~_...J "\.... ) \ LLC LLC'..,/ ".. ,\//II.'".. LLC/ / I .._..........., r -;-::::L.. .. .. ..::::.-. ..__..._.._.._,--.--....f.............-- ..--..- :J..~~"_.._ ~-::../ i íLIBERTY"'-j I & I SATELLTE . , I ß~~W . ~'i:__'l__i 50% L==~~t~_""",i ~~::~ 'ÇSN¡.....X.-LM.;BS-ER..~~INd-C.--¡' ~LC) ANO : .. ,i l'::ig~g INC.1, .¡ StislQieii.s ; ! , i ,---i _.............T36~~~ji~?~J-..--' ! TECHNOLO- : GIES. ULC ii (CANADA) i LIBERTY /".....-....."\ . L AN D SUB. ( SATELLIE. ) ! ~ \.~~ ....._.f:::~~-.._...~:=-r=~.....--..~:~T=.:::.-_..~:..::T..:::=~ ......=:j:_:~...~:~:~ ::,' .... './ :L.~~~'''~:~:,._.L.., I/'- J - ''''\ /~-...,\ r.==J3ï.~__, (CBERTY NC \ (iIBERTY N~ (UBERTY NC\ (LIBERTY ~C \ ¡;BERTY NC \ ( LIBERTY NC\ (LIBERTY NC,\ í LIBERTY N?: (LIBERTY NC ) (L~~::Y ì! :i~~~i \ LV, LLC /) \ V, LLC,. \ Vi, LLC) \. VII, LLC / \, ViII. LLC,. \ LX, LLC / \ Xii. LLC / \. LLC ) \, II. LLC / \sPORTS. LLY ! INC.' ..'-r_i£~~_~-i~~~.::.~T55~?% ._~.:I!:~:I~.~..,~=::C!~~~7~~k__ .=J3.á379~....._...:~:I::.~~9::~"'...d~d:I~~~~??~...~.::T~~~~~~~=:I~:' 7% """'T9~1 % : -.L.....-.1 ........''1 WILD BLUE ¡ 1 GREEN- I COMMUNI.. I \ LADY CORP 1 CATIONS.. i ¡ ¡ ¡INC. L"'..___..,J C..._.~===~=:~.......-..."..._........_-- GREENSUB.1 ! SPORTS 'i (GREENLADY ¡ iNC. \ HOLDINGS. 1'-'--:i;ER1~-i / \ H. /G;ë;lY'\ /....-L.'..1 LLG " "---'ìi i "- LLC /', ! I. ----- ~~.E~"..--...-~.::-..../.. 54% PÓX spoRt X SPOR r'YHË" ( NET \ ( NET ROCKY I' DIRECiv ~ITTSBURGH.! MOU~' GROUP. '"-~~~,,/ ~LC L_(Y"~~~!YL

POST SPLIT-OFF LIBERTY ENTERTAINMENT, INC. ALL OWNERSHIP IS 100% UNLESS OTHERWISE NOTED LIBERTY I ENTERTAIN.- I' i MENT, INC ~-- \mm¡m.m_J /_i-",\ ( LDIG, LLC ! GREEN- LADY CORP. . ~,./ i....--.--..m. r-L-.._~~..~ I m.____J\ r":~I~~'\ GAMENET, J I LIBERTY i /CÍiERTv"- /..J==:~,....-.j i GREENSUJ. i i SPORTS \ LADY \ ! ( GREEN I \ LlC J '... ,// \ ", llC ¡---j . ....."f... "-., LlC / L ¡ I INC \ HOLDINGS, ) "-,_// i ¡ 15% L ¡! ~--"'''-''-''''''-'--'--'-1 --:: '---1" J 54% , 50% ÓX SPORTs ¡"-"THE pA~no !yÓXS~ORT~ NET \ ryÓ;S¡'ÕR~NET \ ~ETROCKYì ¡ DIRECTVl ( NETWRK, \ \NORTHWES./T.I \PITTSBURGH i MOUNTAIN / ¡ GROUP, I ¡ llC (DBA: ' "- llC / lLC / ! INC i ~SN LLC) ANr; "'.~.::/ ....---_.... ,,___,~ t_.lDIRECTVU S~JßBls --N- TECHNOLO.. GIES, ULC (CANADA) AND SUB- L.9lARlE

POST SPLIT-OFF LIBERTY ENTERTAINMENT (TO BE RENAMED LIBERTY STARZ) GROUP TRACKING STOCK ASSETS UBERTY MEDIA CORPORA- ALL OWNERSHIP IS 100% UNLESS OTHERWISE NOTED TION ;.~.~.,,'''~,'___-i; .. -j...~ //r ...,,'\, ( UBERTY \ :\ MEDIA. LLC) ~""-. .-' '"T.. ..k.m. ........_..=T~-..-.....-r..~....~-.. _..._..,..........._......mr.....'..........._.__.........~~......_-~..._..,...- "" ,/",~"k",,, ''''''" I UBERTY '\ \ p... IC.. KS, LL.. C........ j.. /" '" / "''',- //LMC"'", ,/' (UBERTY AEG~ (SA!~LLlTE\ f WIRELESS \. LLC I \. MGT, LLC).. '~H. OLDINGS, '" j/ "- __', __. _.-#0 ,,/....- . LLC ..~.~.._~ .'-,,' .. "'~ ,;~~~"" /UBERTY "'\ ¡ PROGRAM- ¡ PICKSPAL, INC. iJ I ~__J.,,,\ '''-,::'i:d:~ / ..J."", 1 ( LMCILSAT , (GBERTY LSAT,\ (UBERTY LSAT" BIG STICK MEDIA BETBULL PLC \. MING, LLC / i \ HOL~I~G:J \~ L? C.' \ Ii.LLC) CORP. ..". - ..,-/' .,,,-~,--- I ¡ ,..._L : ,._-...... . ," ~T- "'/r /_J.. " i SATE.;L1TEI ( STARZ LLC ¡ ~ TECH,NOLOI /\'".'\,//,f "T' ~-~X4J:!~~-... i ,'~ ..C......,,~~~ /iNTERTAIN:\ TSAT LIBERTY i MENTLLC 1 HOLDING 1. XMSR, INC. \ AND / INC ~,lpl~1WS /~IBER;"", '~'.S. ATE L.. .L1TE' 1 LLC I /- r..---la~-'''''1 ¡ WILD BLUE i HOLDINGS, ¡ INC. . L--i~".. r........ ..........''1 i WILD BLUE I J COMMUNI- I. INC. I' CATIONS, L...~~


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