LEIAmed2.pdf

OTHER submitted by Liberty Media Corporation

Response to Request for Information

2009-03-05

This document pretains to SES-T/C-20090130-00125 for Transfer of Control on a Satellite Earth Station filing.

IBFS_SESTC2009013000125_698499

Nelson
Mullins
  Nelson Mullns Riley & Scarborough LLP
                                                                                       Robert L. Hoegle
  Attorneys and Counselors at Law
  101 Constitution Avenue, NW / Suite 90 / Washington, DC 2000l                       (Admitted in DC & NY)
                                                                                      Tel: 202.712.2816
  Tel: 202.712.2800 Fax: 202.712.2836
                                                                                      Fax: 202.712.2836
  www.nelsonmuIlns.com
                                                                                      bob.hoegle(?nelsonmullins.com




                                                         March 5, 2009

   Via Electronic Filn~

   Ms. Marlene H. Dortch, Secretary
   Office of the Secretary
   Federal Communications Commssion
   445 12th Street, S.W.
   Washington, D.C. 20554

             Re: Amendment to Transfer of                  Control Applications: SAT-T/C-20090127-0001O,
                         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-TC-
                         20090130-00134, SES-T/C-20090130-00135 and SES-T/C-20090128-00074

   Dear Ms. Dortch:

          This amendment to the above-referenced transfer of control applications provides
   additional information requested by the Commssion staff on February 10 and February 16,
   2009.

   A. Holders of Attributable Interests in Liberty Entertainment, Inc.

         Exhibit A lists the individuals and entities that hold five percent or more of the voting
   and equity interests of the Liberty Entertainment Group trackig stock and their equivalent
   voting and equity interests in Liberty Entertainment, Inc. ("LEI") immediately after
   completion of the split-off transaction. Such information is based upon shares of the Liberty
   Entertainment Group tracking stock outstanding as of December 31, 2008 and, except with
   respect to the shares held by John C. Malone, is based upon the required public filings of the
   listed entities. There is no other individual or entity that wil hold an attributable interest in
   LEI immediately following consummation of the split-off including, without limitation, under
   the FCC's equity-debt plus attribution criteria or partnership attribution criteria.




   Atlanta. Boston. Charleston. Charlotte. Columbia. Greenvile. Myrte Beach. Raleigh. Tallahassee. Washington, DC . Winston-Salem


Ms. Marlene H. Dortch, Secretary
March 5, 2009
Page 2


B. Executive Officers and Directors

       As set forth in Exhibit 1 to the above-referenced applications, upon completion of the
proposed split-off transaction, the executive offcers and directors of LEI wil be the same as
the current executive officers and directors of Liberty Media Corporation ("Libert Media").
The executive officers of Liberty Media and LEI, after consummation of the split-off
transaction, are listed in Exhibit B hereto. The directors of Libert Media and LEI, after
consummation of the split-off transaction, are listed in Exhibit C.

C. Residual Business of Liberty Entertainment Group


         Only the specified assets and liabilties of the Liberty Entertainment Group wil be split-
off into LEI. All of the other businesses, assets and liabilities currently attributed to the
Libert Entertainment Group that are not held by LEI after the split-off wil remain in Libert
Media and continue to be attributed to the Liberty Entertainment Group. The holders of the
Liberty Entertainment Group trackig stock wil continue to hold that portion of their shares
that is not redeemed in the split-off, which wil continue to track the businesses, assets and
liabilties remaining in the Liberty Entertainment Group.

         Attached as Exhibit D is a list of the assets currently attributable to the Liberty
Entertainment Group, and the assets that wil be attributable to the Liberty Entertainment
Group and to LEI following consummation of the split-off.

D. Organizational Charts

        Attached as Exhibit E are organiational charts depicting the following information:
(1) the ownership structure of Liberty Media companies currently in the Liberty Entertainment
Group; (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 remain in
the Liberty Entertainment Group after consummation of the split-off.

E. Nature of the Transaction

       The proposed split-off transaction is not part of a larger transaction. However, Liberty
Media continues to evaluate the marketplace and other potential transactions. If Liberty Media
were to decide to pursue an additional transaction involving LEI, Liberty Media would file a
further amendment to the pending applications or new applications, as appropriate and to the
extent necessary.

                                            * * *


Ms. Marlene H. Dortch, Secretary
March 5, 2009
Page 3


         If you have any questions regarding the information contained in this amendment,
please contact me.




                                         ~
                                          Respectfully submitted,




                                          Robert L. Hoegle
                                           Counsel for Liberty Media Corporation

RLH:gt
Enclosures
- Doc# 49241.-


EXHIBIT A


                                           Exhibit A

Individuals and Entities Holding Five Percent or More of the Voting Power and Equity of
     Liberty Entertinment Group Tracking Stock and Liberty Entertinment, Inc.



    Dr. John C. Malone                                    30.29%        4.82%
    c/o 12300 Libert Boulevard
    Englewood, Colorado 80112

    Southeastern Asset Management, Inc.                   12.8%         18.0%
    6410 Poplar Avenue, Suite 900
    Memphis, Tennessee 38119

    Longleaf Partners Fund                                  *           6.6%
    c/o Southeastern Asset Management, Inc.
    6410 Poplar Avenue, Suite 900
    Memphis, Tennessee 38119

    Capital Research and Management                         *           5.6%
    Company
    333 South Hope Street, 55th Floor
    Los Angeles, California 90071



* Voting power held by entities is less than 5 percent.


EXHIBIT B


                                Exhibit B

           Executive Officers of Liberty Media Corporation
                      and Liberty Entertinment, Inc.


John C. Malone              Chairman of the Board
Gre ory B. Maffei           Chief Executive Offcer and President
Charles Y. Tanabe           Executive Vice President and General Counsel
David J .A. Flowers         Senior Vice President and Treasurer
Albert E. Rosenthaler       Senior Vice President
Christopher W. Shean        Senior Vice President and Controller


EXHIBIT C


                                  Exhibit C

                  Directors of Liberty Media Corporation and
                          Liberty Entertinment, Inc.

John C. Malone
Gregory B. Maffei
Robert R. Bennett
Donne F. Fisher
Paul A. Gould
Evan D. Malone
David E. Rapley
M. LaVoy Robison
Larry E. Romrell


EXHIBIT D


    Assets Currently Attributed to Liberty Entertainment Group Tracking Stock

54 % interest in The DIRECTV Group, Inc.

100% interest in FUN Technologies, Inc.

100% interest in Libert Sports Holdings LLC

100 % interest in Starz Entertainment, LLC

73 % interest in PicksPal, Inc.

50 % interest in GSN, LLC

37 % equity interest in Wildblue Communications, Inc.



           Assets Attributed to Liberty Entertinment, Inc. Post Split-Off

54% interest in The DIRECTV Group, Inc.

100% interest in FUN Technologies, Inc.

100 % interest in Libert Sports Holdings LLC

73 % interest in PicksPal, Inc.

50 % interest in GSN, LLC

Up to $300 milion in cash and cash equivalents



 Assets Attributed to Liberty Entertainment Group Tracking Stock Post Split-Off

100 % interest in Starz Entertainment, LLC

37 % equity interest in Wildblue Communications, Inc.

$400 millon in cash and cash equivalents


EXHIBIT E


                                               CURRENT LIBERTY ENTERTAINMENT GROUP TRACKING STOCK ASSETS
                                                                                LIBERTY
                                                                                 MEDIA
                                                                                CORPORA-
                                                                                  TION




ALL OWNERSHIP IS 100% UNLESS OTHERWISE NOTED




                                                   LIBERTY
                                                   GENIUS,
                                                     INC.



                                                  TECHNOLO,
        PICKSPAL,                                 GIES, INC.
           INC.                                   (CANADA)
                                                  AND SUB-




                                                                                                      WILD BLUE
                                                                                                      HOLDINGS,
                                                                                                        INC.




                                                               i
                                                                                                      WILD BLUE
                                                                   LADY CORP.                         COMMUNI,
                                                                                                      CATIONS,
                                                               I GREEN-                                 INC.




                                                                                                54%

                                                                                             THE
                                                                                           DIREClV
                                                                                           GROUP,
                                                                                             INC.
                                                                                           DIREClV)


                              POST SPLIT-OFF LIBERTY ENTERTAINMENT GROUP TRACKING STOCK ASSETS
                                                        ¡ UBERTY i
                                                        f"--"--¡
                                                        i MEDIA ¡
ALL OWNERSHIP IS 100% UNLESS OTHERWISE NOTED            .1'
                                                        , CORPORA-
                                                            TION   I'


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                                                        . MEDIA, LLC
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                                                                        WILD BLUE
                                                                        COMMUNI-
                                                                        CATIONS,
                                                                           INC.


                                                    POST SPLIT-OFF LIBERTY ENTERTAINMENT, INC.

     ALL OWNERSHIP IS 100% UNLESS OTHERWISE NOTED



                                                                        LIBERTY
                                                                       ENTERTAIN,
                                                                       MENT, INC.




                                                                                                                               'J
                               LIBERTY                                                                                      ~~C ~:~\
r:ER;"ì~~     ¡ FREEDOM,)      GENIUS,                                                                                      (L'AREA :
                                 INC.                                                                                       ~PORTS. uy
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                              TECHNOLO-
 PICKS PAL,                    GIES, INC.
    INC.                       (CANADA)                                                    GREEN,
                               AND SUB,                                                   LAY CORP.




                                                                                                                 54%
                                                                                                           THE
                                                                                                            -i
                                                                                                         DIRECTV
                                                                                                         GROUP,
                                                                                                           iNC,
                                                                                                      .....J!:J~i:.£iyL._



Document Created: 0000-00-00 00:00:00
Document Modified: 0000-00-00 00:00:00

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