Liberty Media Corporation, through its subsidiaries, operates in the video and on-line commerce, media, communications, and entertainment businesses in North America, Europe, and Asia. Its principal businesses and assets include QVC, Inc. and Starz, LLC, and interests in IAC/InterActiveCorp; Expedia, Inc.; and News Corporation. QVC, Inc. markets and sells various consumer products in the United States and internationally primarily by means of merchandise-focused televised shopping programs on the QVC television networks and via the Internet through its domestic and international Web sites. Starz, LLC provides premium movie networks and programming distributed by cable, direct-to-home satellite, telephony, Internet, and other distribution media providers in the United States. IAC/InterActiveCorp is a multi-brand interactive commerce company that provides direct-to-consumer transactions across various areas, including home shopping, event ticketing, personals, travel, teleservices, and local services. Expedia, Inc. offers travel products and services to leisure and corporate travelers in the United States and internationally through a portfolio of brands, including Expedia, Hotels.com, Hotwire, Expedia Corporate Travel, Classic Custom Vacations, and a range of other domestic and international brands and businesses. News Corporation’s operations include filmed entertainment, television, cable network programming, direct broadcast satellite television, magazines and inserts, newspapers, and book publishing. The company, through its interests in other companies, also provides online and interactive casual games to distribution partners; wireless location technology and services; and on-line retail of costumes, accessories, decor, and party supplies. In addition, it offers e-commerce market place providing a collection of branded Web sites that offers perishable products. The company was founded in 1994 and is headquartered in Englewood, Colorado.