ENGLEWOOD, Colo., March 19 /PRNewswire-FirstCall/ -- Liberty Media Corporation ("Liberty") (Nasdaq: LCAPA, LCAPB, LINTA, LINTB, LSTZA, LSTZB) today announced the winner of the first annual Media for Liberty Award, a $50,000 award acknowledging and encouraging media contributions that examine the link between economic and political liberty.  The CBS News "60 Minutes" segment titled "Congo Gold" was selected by members of the Media for Liberty Award jury as the winning entry for 2010.  Print and electronic submissions were judged on criteria including thematic relevance and ability to inspire and educate.

"We are honored to recognize an institution like CBS' 60 Minutes, the longest running television news program in the country," said John Malone, Chairman of Liberty Media.  "The Media for Liberty Award is pleased to support media contributions that explore the relationship between economic and political liberty and we were impressed by the number of high quality entries we received during our inaugural year."

The November 2009 "Congo Gold" segment offers a startling look at how gold and other minerals are financing the deadliest war since World War II in the Democratic Republic of Congo where more than five million have died.  The investigation examines a rebel militia vying for control of these riches, how it is flourishing because of a destitute economy, lawlessness and a deeply broken political infrastructure, and how the international community's modest demand for tracing the origin of gold hinders attempts to put pressure on commercial trade.

The "60 Minutes" team members involved in the award winning production are:

Correspondent - Scott Pelley

Producers - Solly Granatstein, Nicole Young

Associate Producer - Rachael Kun

Executive Producer - Jeff Fager

Editor - Tom Honeysett

Executive Editor - Bill Owens

Camera Crew - Chris Everson, Ian Robbie and Anton van der Merwe

"Congo Gold" was honored at a ceremony hosted by Liberty Media and emceed by P.J. O'Rourke, best-selling author and political satirist at the Newseum in Washington, D.C. on March 18, 2010.  

For more information on the Award please visit http://www.libertymedia.com/media-for-liberty-award.aspx.

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 interests in Starz Entertainment and ViaSat, Inc., and (3) the Liberty Capital group (NASDAQ:  LCAPA, LCAPB), which includes all businesses, assets and liabilities not attributed to the Interactive group or the Entertainment 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 Sprint Nextel Corporation.

Contacts for Liberty Media:

Courtnee Ulrich

720-875-5420



Press Contact:

Amanda Cheslock

212-446-1884

SOURCE Liberty Media Corporation