Liberty Interactive Corporation - Liberty Ventures

LIBERTY INTERACTIVE CORPORATION INVESTMENT SUMMARY
(Based on publicly available information as of August 15, 2016)

Liberty Interactive Corporation operates and owns interests in a broad range of digital commerce businesses. Those interests are currently attributed to two tracking stock groups: the QVC Group and Liberty Ventures Group.

The following tables set forth some of Liberty Interactive Corporation’s assets that are held directly and indirectly through partnerships, joint ventures, common stock investments and/or instruments convertible into common stock. Ownership percentages in the tables are approximate and, where applicable, assume conversion to common stock by Liberty Interactive Corporation and, to the extent known by Liberty Interactive Corporation, other holders. In some cases, Liberty Interactive Corporation’s interest may be subject to buy/sell procedures, repurchase rights or dilution.


QVC Group

ENTITY

DESCRIPTION OF OPERATING BUSINESS

ATTRIBUTED SHARE COUNT(1)
(in millions)

ATTRIBUTED OWNERSHIP(2)

HSN, Inc.
(NASDAQ: HSNI)

An interactive entertainment and lifestyle retailer offering an assortment of products through television home shopping programming on HSN television networks and HSN.com, among other channels and mediums.

20.0

38%

QVC, Inc.

One of the world’s leading video and digital commerce retailers, offering a curated collection of brands to millions of customers around the globe each day through broadcast, Internet, and mobile sales outlets.

N/A

100%

zulily, llc

A leading pure-play online retailer focused on delivering a boutique experience every day-all at incredible prices.  zulily offers a highly personalized experience through its innovative technology and always-fresh curated collection of products for the whole family, including clothing, home décor, toys, gifts and more.

N/A

100%

 

Liberty Ventures Group

ENTITY

DESCRIPTION OF OPERATING BUSINESS

ATTRIBUTED SHARE COUNT(1)
(in millions)

ATTRIBUTED OWNERSHIP(2)

Bodybuilding.com, LLC

An internet retailer of sports, fitness and dietary supplements and other health and wellness products. Also hosts an online site where visitors can network and exchange information related to bodybuilding.

N/A

100%

Brit Media, Inc. (Brit + Co)

Online lifestyle platform offering content, e-classes and eCommerce to millennial women.

N/A

7%

Charter Communications, Inc.
(NYSE: CHTR)

One of the largest providers of cable services in the United States, offering a variety of entertainment, information and communications solutions to residential and commercial customers.

5.4(3)

2%

Evite, Inc.

Leading online invitation and social event planning service on the web.

N/A

100%

Expedia, Inc.
(NASDAQ: EXPE) 

Empowers business and leisure travelers with the tools and information needed to research, plan, book and experience travel. It also provides wholesale travel to offline retail travel agents. Expedia’s main brands include: Expedia.com®, Hotels.com®, Travelocity®, Hotwire.com™, Classic Vacations®, trivago, HomeAway and Orbitz Worldwide.

23.6(4)

16%(5)

FTD Companies, Inc.
(NASDAQ: FTD)

A premier floral and gifting company with a presence in the United States, Canada, the United Kingdom and the Republic of Ireland.

10.2

37%

giggle, Inc.

A trusted resource for today’s design-conscious new parent with retail stores around the United States, an extensive e-commerce business, a licensed products business, and a signature line of giggle baby products.

N/A

32%

Interval Leisure Group, Inc.
(NASDAQ: IILG)

Leading global provider of non-traditional lodging, encompassing a portfolio of leisure businesses from vacation exchange and rental to vacation ownership.

16.6

13%

Liberty Broadband Corporation (NASDAQ: LBRDK)

Liberty Broadband Corporation holds ownership interests in Charter Communications, Inc. and TruePosition, Inc.

42.7

24%

LendingTree, Inc.
(NASDAQ: TREE)

An online lending and real estate business that matches consumers with lenders and loan brokers.

2.8

24%

Liberty Israel Venture Fund II, LLC

Investment fund focused on Israeli technology companies.

N/A

80%

Quid, Inc.

Software company that combines natural language processing and visualization techniques to make it easy to analyze very large amounts of data in a relatively short amount of time.

N/A

18%

Time Inc.
(NYSE: TIME)

One of the largest media companies in the world, with influential brands such as TIME, PEOPLE, Sports Illustrated, InStyle, Real Simple, Wallpaper*, Travel + Leisure and Food & Wine.

0.2

<1%

Time Warner Inc.
(NYSE: TWX)

Media and entertainment company whose businesses include cable networks and digital media properties, premium pay, streaming and basic tier television services and television, feature film, home video and video game production and distribution.

2.0

<1%

 

1) Applicable only for publicly-traded entities.

2) Represents undiluted ownership interest.

3) Liberty Interactive Corporation has granted to Liberty Broadband Corporation a proxy and a right of first refusal with respect to its Charter shares.

4) Includes 12.8m Series B shares.

5) Liberty Interactive Corporation owns approximately 16% of Expedia common stock representing an approximate 52% voting interest. The Chairman of Expedia currently has the authority to vote these shares.