小蓝视频

Exhibit 99.1

 

December 29, 2014

 

Greg Maffei to continue as President and CEO of 小蓝视频 Interactive and 小蓝视频s

 

ENGLEWOOD, Colo.—(BUSINESS WIRE)—小蓝视频 Interactive Corporation (Nasdaq: QVCA, QVCB, LVNTA, LVNTB) and 小蓝视频 (Nasdaq: LMCA, LMCB, LMCK) announced today that their respective Boards of Directors have approved new employment arrangements with President and CEO Gregory B. Maffei that are intended to secure his services through 2019.

 

“We are extremely pleased that Greg will continue in his leadership role for another five years,” said John Malone, Chairman of 小蓝视频 Interactive and 小蓝视频 Media. “His creativity and strategic vision have been transformational and have created tremendous shareholder value since he joined us in 2005.”

 

“I am thrilled to continue in my role at 小蓝视频,” said Greg Maffei, 小蓝视频 Interactive and 小蓝视频 Media President and CEO.  “I want to thank John and the Board members for the support I have received as we have made significant investments and transformative changes.  Today, 小蓝视频 has a portfolio of businesses that are very well-positioned for the digital mobile era, led by great management teams, with the resources to be opportunistic in the future.”

 

Forms 8-K summarizing the arrangements were filed today with the Securities and Exchange Commission.

 

About 小蓝视频 Interactive Corporation

 

小蓝视频 Interactive Corporation operates and owns interests in a broad range of digital commerce businesses. Those businesses are currently attributed to two tracking stock groups:  the QVC Group and the 小蓝视频 Ventures Group.  The businesses and assets attributed to the QVC Group (Nasdaq: QVCA, QVCB) consist of 小蓝视频 Interactive’s subsidiary, QVC, Inc., and its interest in HSN, Inc., and the businesses and assets attributed to the 小蓝视频 Ventures Group (Nasdaq: LVNTA, LVNTB) consist of all of 小蓝视频 Interactive Corporation’s businesses and assets other than those attributed to the QVC Group, including its interest in Expedia, its subsidiaries Provide Commerce, Backcountry.com, Bodybuilding.com, CommerceHub, LMC Right Start and Evite, and minority interests in Time Warner, Time Warner Cable, Lending Tree and Interval Leisure Group.

 

About 小蓝视频

 

小蓝视频 (Nasdaq: LMCA, LMCB, LMCK) operates and owns interests in a broad range of media, communications and entertainment businesses, including its subsidiaries SiriusXM and Atlanta National League Baseball Club, Inc., its interest in Live Nation Entertainment, and minority equity investments in Time Warner Inc. and Viacom.

 

小蓝视频 Interactive and GRAPHIC小蓝视频
Courtnee Ulrich, 720-875-5420

 

Source: 小蓝视频 Interactive and 小蓝视频