NEW YORK (Standard&Poor's) Dec. 7, 2005--Standard&Poor's Ratings Services said today that its 'BB+' corporate credit rating on Englewood, Colo.-based Liberty Media Corp. remains on CreditWatch, where it was placed with negative implications on Nov. 10, 2005. The CreditWatch update followed Liberty's announcement that it has signed a definitive agreement to acquire Provide Commerce Inc. The CreditWatch listing continues to reflect uncertainty surrounding Liberty's plan to create a tracking stock for its interactive assets (QVC Inc., IAC/InterActiveCorp, and Expedia Inc.), which may or may not lead to a spin-off. The capital structures at the tracking company and at Liberty, and the process through which the transaction is completed are further areas of concern. Total debt outstanding as
