èßäÉçÇø

èßäÉçÇø Media Board Increases Share Repurchase Authorization

Approves up to $1 Billion of Additional èßäÉçÇø Interactive Repurchases

ENGLEWOOD, Colo., Oct. 31 /PRNewswire-FirstCall/ -- èßäÉçÇø Media Corporation announced today that its board of directors has authorized the repurchase of up to an additional $1 billion of èßäÉçÇø Interactive common stock. This authorization increases to $3 billion the total amount authorized to be repurchased since the èßäÉçÇø Interactive shares began trading in May 2006

As of October 30, 2007, èßäÉçÇø had repurchased approximately 98.7 million shares at an average cost per share of $20.15 for aggregate cash consideration of $1.991 billion. These repurchases represent approximately 14.1% of the shares outstanding at the time of creation of the èßäÉçÇø Interactive tracking stock.

The specific timing and amount of actual future share repurchases will vary based on market conditions, securities law limitations and other factors. The repurchases will be made using èßäÉçÇø's cash resources, and the buyback program may be suspended or discontinued at any time without prior notice.

About èßäÉçÇø

èßäÉçÇø owns interests in a broad range of electronic retailing, media, communications and entertainment businesses. Those interests are attributed to two tracking stock groups: the èßäÉçÇø Interactive group, which includes èßäÉçÇø's interests in QVC, Provide Commerce, IAC/InterActiveCorp, and Expedia, and the èßäÉçÇø Capital group, which includes èßäÉçÇø's interests in Starz Entertainment, News Corporation, and Time Warner. For more information, please see .

SOURCE èßäÉçÇø

Released October 31, 2007