NEW YORK (Standard&Poor's) Nov. 22, 2005--Standard&Poor's Ratings Services said today that its 'BB+' corporate credit rating on Englewood, Colo.-based Liberty Media Corp. remains on CreditWatch with negative implications, where it was placed on Nov. 10, 2005. The CreditWatch update follows Liberty's announcement that it has agreed to acquire a 51% interest in video games and services provider FUN Technologies PLC. "The CreditWatch listing continues to reflect uncertainty surrounding Liberty's longer term plan to spin off its interactive assets to a separate company," said Standard&Poor's credit analyst Andy Liu. "The capital structures at the tracking company and at Liberty and the process through which the transaction is completed are further areas of concern." The company's
