Liberty Media Corp. Sells Corus Ent. Shares

Liberty Media Corp. has sold 7,125,000 Class B Non-Voting shares of Corus Ent. Inc. for approximately $100 million. As a result of the sale, Liberty no longer holds an investment in Corus Ent., which owns TV animation powerhouse Nelvana.

Operating in the U.S., Europe, South America and Asia, Liberty Media Corp. owns interests in a broad range of video programming, broadband distribution, interactive technology services and communications businesses, including Encore, STARZ!, Discovery, QVC and Court TV.