LMC_8K_1.375 Conversion Ratio

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (date of earliest event reported): July 23, 2014

LIBERTY MEDIA CORPORATION

(Exact name of registrant as specified in its charter)



Delaware	001-35707	37-1699499
(State or other jurisdiction of incorporation or organization)	(Commission File Number)	(I.R.S. Employer Identification No.)

Englewood, Colorado 80112

(Address of principal executive offices and zip code)

Registrant's telephone number, including area code: (720) 875-5400

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01. Regulation FD Disclosure.

On July 23, 2014, Liberty Media Corporation (the "Company") issued a press release, attached hereto as Exhibit 99.1, announcing an adjustment to the conversion rate (the "Conversion Rate") for the Company’s 1.375% Cash Convertible Senior Notes due 2023 (the "Notes") pursuant to the terms of the Indenture, dated October 17, 2013, between the Company and U.S. Bank National Association, as trustee, governing the Notes. The Conversion Rate was adjusted from 5.5882 shares of the Company’s Series A common stock per $1,000 principal amount of Notes to 15.7760 shares of Series A common stock per $1,000 principal amount of Notes. The Conversion Rate was adjusted in connection with the previously announced dividend (the "Dividend") of two shares of the Company’s Series C common stock for each outstanding share of its Series A common stock and each outstanding share of its Series B common stock held as of 5:00 p.m., New York City time, on July 7, 2014, the record date for Dividend. The payment date for the Dividend was 5:00 p.m., New York City time, on July 23, 2014.

This Current Report and the press release attached hereto as Exhibit 99.1 are being furnished to the SEC under Item 7.01 of Form 8-K in satisfaction of the public disclosure requirements of Regulation FD and shall not be deemed “filed” for any purpose.

Item 9.01. Financial Statements and Exhibits.



Exhibit No.	Name
99.1	Press Release, dated July 23, 2014

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

LIBERTY MEDIA CORPORATION

By: /s/ Wade Haufschild

Name: Wade Haufschild

Title: Vice President



Exhibit No.	Name
99.1	Press Release, dated July 23, 2014