By Demian Russian
Liberty Media Corporation (Nasdaq: LCAPA, LINTA, LSTZA) reported second quarter financial and operating results for Liberty Capital group, Liberty Interactive group and Liberty Starz group Monday (see call transcript). Liberty Media’s 40% stake in Sirius XM Radio (NASDAQ: SIRI) is currently represented in its Liberty Capital tracking stock group. Although Liberty Media did not report full results for Liberty Capital [LCAPA] at the time of the conference call, they did disclose that Liberty Capital’s operating loss increased by $64 million in Q2, while revenue increased by 1%. Liberty Capital Group’s Starz Media recorded an impairment charge of $42 million, due to a number of its movie titles not garnering as much theatrical, home video, and television revenue as has been expected.