Call for Entries: 3rd Annual 'Media for Liberty' Journalism Award

$50,000 Prize for Winning Submission

ENGLEWOOD, Colo.--(BUSINESS WIRE)-- Liberty Media Corporation ("Liberty") (Nasdaq: LCAPA, LCAPB, LINTA, LINTB, LSTZA, LSTZB) is now accepting submissions for the annual "Media for Liberty Award." This award recognizes media contributions that explore the link between economic and political liberty. Eligible works must be originally published or broadcast via print or electronic media during the 2011 calendar year, and received by Liberty Media no later than January 9, 2012. There is a $50,000 prize for the winning entry.

The Media for Liberty Award is open to journalists worldwide whose original works bring new insights on societal issues, news events, economies, political structures and cultures that illustrate their prosperity or struggle in their pursuit of a free market environment and civil liberties uninfluenced by government agenda.

Sample topics and issues might include (but are not limited to):

    --  Government involvement in private enterprise (TARP, health and financial
        reform)
    --  Dependency on foreign oil
    --  Access to healthcare (universal care, rationing, Medicare)
    --  Sovereign debt
    --  Basic goods (food, housing, healthcare) becoming prohibitively expensive
        for the middle class consumer
    --  Ultimate cost of globalization from a societal, cultural, economic
        perspective
    --  True cost of ethanol and its impact on food and fuel
    --  Fair trade
    --  Global tax and regulatory changes

Submitted works will be reviewed by a jury panel and evaluated based on the degree to which the theme is addressed, inspirational and educational value, relevance to the public discourse, and mastery of media format.

Prior year's recipients were CBS 60 Minutes for a segment titled "Congo Gold" that traveled to the war-torn region of eastern Congo to investigate the connection between the mining of gold and other precious minerals, and an essay in The Atlantic titled "How a New Jobless Era will Transform America" that examined the likely lasting effects of the recent Great Recession on American society, culture and politics.

Eligibility Requirements

Eligible media outlets, including newspapers, magazines, journals, radio, television and websites, must be generally recognized in their markets and accessible to a broad audience in the United States.

    --  Length: Print entries may not exceed 20,000 words. Electronic entries
        may not exceed 120 minutes.
    --  Language: All entries must be in English, or submitted with an English
        translation or with English subtitles.
    --  Examples: Eligible entries may include news reporting, feature coverage,
        investigative reporting, articles, essays, editorials, commentaries,
        documentaries and educational works.
    --  Programs produced and intended for general theatrical motion picture
        release are not eligible.

The winner will be notified in February 2012. An awards ceremony will be held in the Spring of 2012 in Washington, D.C.

Entry forms, rules and judging criteria can be found at Liberty Media's website, www.mediaforlibertyaward.com or on Facebook. Entries should be sent to:

Media for Liberty Award

12300 Liberty Boulevard

Englewood, CO 80112

720-875-5400

About Liberty Media Corporation

Liberty 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 Liberty Interactive group (Nasdaq: LINTA, LINTB), which includes Liberty Media's interests in QVC, Provide Commerce, Backcountry.com, BUYSEASONS, Bodybuilding.com, IAC/InterActiveCorp, and Expedia, (2) the Liberty Starz group (Nasdaq: LSTZA, LSTZB), which includes Liberty Media's interest in Starz Entertainment, and (3) the Liberty 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 Starz Media, LLC, Atlanta National League Baseball Club, Inc., and TruePosition, Inc., Liberty Media's interest in SIRIUS XM Radio, Inc., and minority equity investments in Time Warner Inc. and Live Nation.

    Source: Liberty Media Corporation

Released June 8, 2011