Exhibit 99.1
December 29, 2014
Greg Maffei to continue as President and CEO of Ï㽶´«Ã½ Interactive and Ï㽶´«Ã½s
ENGLEWOOD, Colo.—(BUSINESS WIRE)—Ï㽶´«Ã½ Interactive Corporation (Nasdaq: QVCA, QVCB, LVNTA, LVNTB) and Ï㽶´«Ã½ (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 Ï㽶´«Ã½ Interactive and Ï㽶´«Ã½ 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 Ï㽶´«Ã½,” said Greg Maffei, Ï㽶´«Ã½ Interactive and Ï㽶´«Ã½ 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, Ï㽶´«Ã½ 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 Ï㽶´«Ã½ Interactive Corporation
Ï㽶´«Ã½ 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 Ï㽶´«Ã½ Ventures Group. The businesses and assets attributed to the QVC Group (Nasdaq: QVCA, QVCB) consist of Ï㽶´«Ã½ Interactive’s subsidiary, QVC, Inc., and its interest in HSN, Inc., and the businesses and assets attributed to the Ï㽶´«Ã½ Ventures Group (Nasdaq: LVNTA, LVNTB) consist of all of Ï㽶´«Ã½ 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 Ï㽶´«Ã½
Ï㽶´«Ã½ (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.
Ï㽶´«Ã½ Interactive and 
Ï㽶´«Ã½
Courtnee Ulrich, 720-875-5420
Source: Ï㽶´«Ã½ Interactive and Ï㽶´«Ã½