Private Offerings, Earnings Schedules, Acquisitions, Updated Guidance, and Recapitalization and Spin offs - Research Report on Liberty Media, Grupo Televisa, Sinclair, Gray, and Liberty Interactive

NEW YORK, October 18, 2013 /PRNewswire/ --

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Today, Analysts' Corner announced new research reports highlighting Liberty Media Corp. (NASDAQ: LMCA), Grupo Televisa, S.A.B. (NYSE: TV), Sinclair Broadcast Group Inc. (NASDAQ: SBGI), Gray Television Inc. (NYSE: GTN), and Liberty Interactive Corp. (NASDAQ: LVNTA). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Liberty Media Corp. Research Report

On October 10, 2013, Liberty Media Corp. (Liberty Media) announced the pricing of a private offering of $900 million aggregate principal amount of its 1.375% Cash Convertible Senior Notes due 2023. Also, in connection with the offering of the notes, Liberty Media stated that it has entered into a privately negotiated cash convertible note hedge and warrant transactions with counterparties including certain of the initial purchasers (and/or their respective affiliates). The Company expects to use the net proceeds from the notes offering, together with the proceeds from the sale of the warrants, to fund the cash convertible note hedge transactions and to pay down a portion of its outstanding margin loans. The remaining net proceeds are expected to be used for general corporate purposes. Liberty Media has granted to the initial purchasers an option to purchase additional notes with an aggregate principal amount of up to $100 million. The offering of the convertible notes is expected to close on October 17, 2013, subject to the satisfaction of customary closing conditions. The Full Research Report on Liberty Media Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/8b9e_LMCA]

Grupo Televisa, S.A.B. Research Report

On October 4, 2013, Grupo Televisa, S.A.B. (Grupo Televisa) announced the schedule of its Q3 2013 earnings release and teleconference. The Company will issue a press release containing its financial results after the stock market closes on October 24, 2013, Thursday. On the following day, October 25, 2013, the Company will hold a teleconference, which will be hosted by Alfonso de Angoitia, Executive Vice President, together with José Bastón, President of Television and Content and Salvi Folch, CFO of Grupo Televisa. The Full Research Report on Grupo Televisa, S.A.B. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/22d9_TV]

Sinclair Broadcast Group, Inc. Research Report

On October 3, 2013, Sinclair Broadcast Group, Inc. (Sinclair Broadcast Group) announced that it has completed the acquisition of the stock and broadcast assets of four television stations owned by TTBG LLC (Titan), valued at approximately $115.4 million. Sinclair also assumed Titan's agreements to provide sales and other services to two other stations, KXVO in Omaha, NE and KMEG in Sioux City, IA. The Company reported that it has funded the transaction through cash on hand. The Full Research Report on Sinclair Broadcast Group, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/8323_SBGI]

Gray Television, Inc. Research Report

On October 15, 2013, Gray Television, Inc. (Gray) announced its updated outlook for Q3 2013 operational results. The Company now anticipates revenues to be in the range of $87.8 million to $88.3 million, compared to $102.9 million in Q3 2012. Broadcasting operating expenses are now anticipated to range between $53.5 million and $54.0 million; and corporate and administrative expenses to be between $4.5 million and $4.7 million, compared to $52.0 million and $4.0 million, respectively, in Q3 2012. The Full Research Report on Gray Television, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/4813_GTN]

Liberty Interactive Corp. Research Report

On October 10, 2013, Liberty Interactive Corp. (Liberty Interactive) announced that its board has authorized management to pursue a plan to recapitalize its Liberty Interactive Group tracking stock into two new tracking stocks - one to be renamed as QVC Group tracking stock (currently Liberty Interactive) and the other to be designated as the Liberty Digital Commerce common stock. In the recapitalization, record holders of Series A and Series B Liberty Interactive common stock would receive 1 share of the corresponding series of Liberty Digital Commerce common stock for each 10 shares of the renamed QVC Group common stock held by them as of the effective date. Further, the Company also announced plans to spin off its ownership interest in TripAdvisor and its BuySeasons business into a new publicly-traded company called Liberty TripAdvisor Holdings. In the spin-off, record holders of Series A and Series B Liberty Ventures common stock would receive 1 share of the corresponding series of Trip Holdings common stock for each share of the Liberty Ventures common stock held by them as of the record date (still to be determined). The Full Research Report on Liberty Interactive Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/0888_LVNTA]

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