Starz, LLC, along with a subsidiary Co-Issuer, (collectively the “Co-Issuers”) announced today the pricing of $500 million principal amount of new 5% Senior Notes due 2019 at par (the “Notes”). The Notes will be senior obligations of the Co-Issuers and will rank pari passu in right of payment with all of the existing and future senior debt of the Co-Issuers. The net proceeds from the offering will be used for general corporate purposes, which will include repayment of indebtedness under Starz’ existing senior secured credit facility. The offering is expected to close on or about September 13, 2012, subject to customary closing conditions. Starz, LLC is a wholly-owned subsidiary of Liberty Media Corporation (Nasdaq: LMCA, LMCB). Starz will make the offering pursuant to an exemption under the Securities Act of 1933, as amended (the “Securities Act”). The initial purchasers will offer the Notes only to Qualified Institutional Buyers as permitted under Rule 144A of the Securities Act, or outside the United States to certain persons in reliance on Regulation S under the Securities Act. The Notes will not be registered under the Securities Act or the securities laws of any other jurisdiction and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act. In connection with the offering of the Notes, Starz will agree, subject to certain conditions, to file a registration statement relating to a registered offer to exchange the Notes for new registered notes having substantially identical terms as the Notes. This press release is for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy the offered Notes, nor shall there be any sales of Notes in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.