Tweet

Earnings: Liberty Media Strong

By Garth Johnston -- Broadcasting & Cable, 2/28/2007 6:47:00 AM

Liberty Media posted strong earnings for two of its tracking stocks, Liberty Interactive Group and Liberty Capital Group. 

Revenue at Liberty Interactive, which includes QVC, rose 11%, and operating cash flow increased 21 %. QVC revenue rose 7% to $2.24 billion in the fourth quarter.

Liberty Capital, which includes the cable movie channel Starz, saw a growth in revenue of 12%.  Starz revenue increased 4% to $257 million, up from $247 million in the fourth quarter of 2005.The company’s strong 2006 results come from various deals including its exchange of a stake in News Corp. for 38.5% of

DirecTV

, its selling off of its 50% in Court TV, and its repurchasing of $954 million of Liberty Interactive Stock.The company also announced a $1 billion self tender of Liberty Capital shares.

Tweet

Talkback

We would love your feedback!

Post a comment

» View All Talkback Threads

Related Content

• Topics
• Author
• Most Popular Pages

No related content found.

Also by this author

• EARNINGS: Google Just Keeps Growing

• Leavitt Joseph "Lev" Pope Dead at 83

• FearNet Website Expands For User Content

• CBS Announces Interactive Audience Network

• YouTube Adds Political Spotlight

Also by Garth Johnston

Most Popular Pages

No Top Articles

• Resource Center
• Browse Categories
• Browse Companies

Featured Company

• Parks Associates

  

  Parks Associates is an internationally recognized market research and consulting company specializing in emerging consumer technology products and services. Founded in 1986, Parks Associates creates research capital for companies ranging from Fortune 500 to small start-ups throug..more

---

Most Recent Resources

• The New Normal for Promoting Tune-in
• Infrastructure Design for High Volume Video Workflows
• Mobile Media Strategies That Work
• Multi Format Encoding for Efficient Content Repurposing
• The CIOs Guide to Videoconferencing Security Keeping Pace with th..