Liberty Media Announces Plan to Split-Off a Majority of Liberty Entertainment

Liberty Media Corporation (Nasdaq: LCAPA, LINTA, LMDIA) ("Liberty") today announced that its board of directors has authorized a plan to distribute to the holders of Liberty Entertainment group tracking stock shares of a subsidiary that will hold a majority of the businesses, assets and liabilities currently attributed to the Liberty Entertainment group (Nasdaq: LMDIA). The transaction would be effected as a pro-rata redemption of a portion of the outstanding shares of Liberty Entertainment tracking stock in exchange for all of the outstanding shares of that subsidiary. The transaction is intended to be tax-free to stockholders. The subsidiary, which would become a separate public company, would be called Liberty Entertainment, Inc. ("Entertainment"). The businesses, assets and liabilities not included in Entertainment would continue to be attributed to the Liberty Entertainment group tracking stock ("LMDI").

Published: 15 December 2008
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Ballantyne to Provide 35 NEC Digital Projectors with Real D 3-D Technology to Support the Launch of Bolt in Disney Digital 3-D

Ballantyne of Omaha, Inc. (NYSE Alternext US: BTN), a provider of cinema equipment and services, announced today that its Strong Digital Systems (SDS) division will provide 35 NEC STARUS™ Digital Cinema projectors with REAL D 3-D technology to theatre chains including Regal Entertainment Group (NYSE: RGC) and National Amusements, Inc. The projectors shipments and installations are being completed in time for the November 21st release of Walt Disney Pictures’ animated feature film “Bolt” in Disney Digital 3-D. Ballantyne’s Strong Technical Services subsidiary is performing a majority of the installations, and a majority of the specialty silver screens are being procured from the Company’s Strong Screen Systems business.

Published: 20 November 2008
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Discovery Communications Begins Trading as a Public Company

Discovery Communications' Founder and Chairman John Hendricks and President and Chief Executive Officer David Zaslav today rang the opening bell at the NASDAQ stock exchange to commemorate the first day of trading as a public company for the world's number one nonfiction media company reaching more than 1.5 billion cumulative subscribers in over 170 countries. The executives were joined by several on-air personalities from across Discovery's networks, including Bindi and Terri Irwin (BINDI THE JUNGLE GIRL); Emeril Lagasse (EMERIL GREEN); Stacy London and Clinton Kelly (WHAT NOT TO WEAR) and Sig Hansen, Phil Harris and Johnathan Hillstrand, the captains from the Emmy-award winning series DEADLIEST CATCH.

Published: 18 September 2008
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Read more: Discovery Communications ( DISC )