Document:

Exhibit 10.9  

FORM OF

VOTING AGREEMENT  

        This VOTING AGREEMENT (this "Agreement"), dated as
of                                    , 2011, by and
among John C. Malone ("Stockholder") and Liberty Media Corporation, a Delaware corporation ("Liberty"). 

W I T N E S S E T H: 

        WHEREAS,
in accordance with and pursuant to the Restated Certificate of Incorporation of Liberty (the "Liberty
Charter"), the businesses, assets and liabilities of Liberty are currently attributed among three tracking stock groups: the Capital Group; the Starz Group; and the Interactive
Group; 

        WHEREAS,
the Board of Directors of Liberty (the "Liberty Board") has determined that it is appropriate and in the best interests of
Liberty and its stockholders to separate from Liberty the businesses and assets of the Capital Group and the Starz Group by contributing the assets and businesses of such groups to a wholly owned
subsidiary of Liberty ("Splitco") and distributing the equity of Splitco to the holders of shares of those tracking stock groups (the
"Split-Off"); 

        WHEREAS,
the Liberty Board has determined that, in order to effect the Split-Off, it is appropriate and in the best interests of Liberty and its stockholders: (i) for
Liberty to redeem (the "LCAP Redemption") all of the issued and outstanding shares of Liberty's Series A Liberty Capital common stock, par value
$.01 per share ("LCAPA"), and Series B Liberty Capital common stock, par value $.01 per share
("LCAPB" and, together with LCAPA, the "Liberty Capital Stock"), for shares of a corresponding series of
Splitco Capital common stock, and (ii) for Liberty to redeem (the "LSTZ Redemption," and together with the LCAP Redemption, the
"Redemptions"), all of the issued and outstanding shares of Liberty's Series A Liberty Starz common stock, par value $.01 per share
("LSTZA"), and Series B Liberty Starz common stock, par value $.01 per share ("LSTZB" and,
together with LSTZA, the "Liberty Starz Stock"), for shares of a corresponding series of Splitco Starz common stock; 

        WHEREAS,
as of the date hereof, the Stockholder (in his individual capacity) is the record holder of the number of shares of LCAPB and LSTZB as set forth in Schedule I hereto; 

        WHEREAS,
the Liberty Charter requires that the LCAP Redemption be approved by the holders of Liberty Capital Stock and that the LSTZ Redemption be approved by the holders of Liberty
Starz Stock; 

        WHEREAS,
Liberty and Shareholder have agreed to enter into an agreement pursuant to which Stockholder will vote all of his shares of LCAPB and LSTZB in favor of the applicable
Redemption; and 

        WHEREAS,
the Split-Off and the transactions related thereto have been approved by the Liberty Board and the Liberty Board has recommended that the holders of Liberty Capital
Stock and Liberty Starz Stock vote in favor of the Redemptions. 

        NOW,
THEREFORE, in consideration of the foregoing and the covenants and agreements set forth in this Agreement, and intending to be legally bound hereby, the parties agree as follows: 

ARTICLE I 

VOTING
OF SHARES 

        Section 1.1.
Agreement to Vote. From the date hereof until the termination of this Agreement pursuant to Section 2.1 below,
at any meeting of the stockholders of Liberty at which matters related to the Split-Off are to be presented for a vote of the holders of Liberty Capital Stock and Liberty Starz 

Stock
(including any subsequent vote of such stockholders upon a resolicitation resulting from the Liberty Board's waiver of certain conditions to the Split-Off) or any adjournment or
postponement thereof, Stockholder shall appear at such meeting of stockholders or otherwise cause the Covered Shares (as defined below) to be counted as present thereat for the purpose of establishing
a quorum, and vote or cause to be voted all shares of LCAPB and LSTZB (including any such securities acquired hereafter but excluding any shares or other securities the Stockholder has the right to
acquire but has not acquired) that Stockholder directly owns and has the right to vote as of the record date for such stockholder meeting (collectively, the "Covered
Shares"), (a) in favor of the approval of the applicable Redemption and any related action reasonably required in furtherance thereof submitted with the recommendation
of the Liberty Board and (b) against any action or agreement (including any amendment of any agreement) that would reasonably be expected to prevent, prohibit or materially delay the completion
of the Split-Off. Any such vote shall be cast by Stockholder in accordance with such procedures related thereto so as to ensure that it is duly counted, including for purposes of
determining that a quorum is present and for purposes of recording the results of such vote. 

        Section 1.2.
Not Applicable to Stockholder in Other Capacities. Stockholder's agreement to vote in favor of the Redemptions as
provided herein is being made solely in Stockholder's individual capacity, and nothing herein contained shall (a) restrict, limit or prohibit Stockholder (in his capacity as a director or
officer) from exercising his fiduciary duties to the stockholders of Liberty under applicable law or (b) require Stockholder, in his capacity as an officer of Liberty, to take any action in
contravention of, or omit to take any action pursuant to, or otherwise take or refrain from taking any actions which are inconsistent with, instructions or directions of the Liberty Board undertaken
in the exercise of its fiduciary duties. 

        Section 1.3.
Disposition of Shares. From the date hereof until the earlier of termination of this Agreement pursuant to
Section 2.1 below and the record date for the meeting of holders of Liberty Capital Stock and Liberty Starz Stock to consider and approve the Redemptions, Stockholder hereby agrees not to
(a) take any action that would have the effect of converting any Covered Shares into shares of LCAPA or LSTZA, as applicable, or (b) directly or indirectly sell, pledge, encumber, grant
any proxy or enter into any voting or similar agreement with respect to, transfer or otherwise dispose of (collectively, "Transfer"), or agree or
contract to Transfer, any Covered Shares (or any interest therein). 

        Section 1.4.
Representations and Warranties of Liberty. Liberty represents and warrants to Stockholder that (a) this
Agreement and the Split-Off has been approved by the Liberty Board and the Split-Off has been approved by the board of directors of Splitco and by Liberty as the sole
stockholder of Splitco, in each case representing all necessary corporate action on the part of Liberty and Splitco, except for the approval of Liberty's stockholders, (b) this Agreement has
been duly
executed and delivered by a duly authorized officer of Liberty, and (c) this Agreement constitutes a valid and binding agreement of Liberty, enforceable against it in accordance with its terms,
except to the extent that enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium, fraudulent conveyance or other similar laws relating to or affecting enforcement of
creditor's rights generally, and general principles of equity (regardless of whether enforcement is considered in a proceeding at law or in equity). 

        Section 1.5.
Representations and Warranties of Stockholder. Stockholder represents and warrants to Liberty that (a) as of
the date hereof, Stockholder is the record holder of the number of shares of LCAPB and LSTZB set forth in Schedule I hereto, which at the date hereof are free and clear of any liens, claims,
options, charges or other encumbrances that would adversely affect the ability of Stockholder to carry out the terms of this Agreement, (b) Stockholder has the full power and authority to vote
all Covered Shares as contemplated hereby, (c) this Agreement has been duly executed and delivered by Stockholder, and (d) this Agreement constitutes the valid and binding agreement of
Stockholder, enforceable against him in accordance with its terms, except to the extent that enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium, fraudulent conveyance
or other similar laws relating to or affecting enforcement of creditor's rights generally, and general principles of equity (regardless of whether enforcement is considered in a proceeding at law or
in equity). 

ARTICLE II 

TERMINATION 

        Section 2.1.  Termination. This Agreement shall terminate upon the earliest of (a) the execution
by all the parties hereto of a written instrument terminating this Agreement, (b) such date and time as the Split-Off shall become effective, (c) immediately following the
meeting of the holders of Liberty Capital Stock and Liberty Starz Stock at which the Redemptions (and the other proposals related to the Split-Off) are considered and voted upon and the
required votes of such stockholders are not obtained, (d)
                                     , 2011 if the Stockholder
Meeting is not held by such date, (e) such date and time as the Liberty Board
determines to terminate the Split-Off, and (f) the date upon which the Liberty Board approves any modification or change to the terms of the Series B Consent Rights (as
defined below) or the actions of Splitco which may not be taken without obtaining a Series B Capital Group Consent (as defined in the Splitco Charter (as defined below)) or Series B
Starz Group Consent (as defined in the Splitco Charter), as the case may be, from those set forth in the form of the Certificate of Incorporation of Splitco attached to the proxy statement/prospectus
of Liberty on Schedule 14A dated as of the date hereof (the "Splitco Charter") (the earliest of (a) through (f) to occur, the
"Termination"). Effective upon Termination, this
Agreement shall be terminated as to Liberty and Stockholder and will thereafter cease to be of any further force and effect as to Liberty and Stockholder, and Liberty and Stockholder will thereafter
have no rights or obligations hereunder. "Series B Consent Rights" as used in this Section 2.1 shall mean the provisions in the Splitco
Charter which provide that Splitco may not take certain actions without first obtaining a Series B Capital Group Consent or Series B Starz Group Consent, as the case may be. 

ARTICLE III 

MISCELLANEOUS 

        Section 3.1.  Notices. All notices and other communications hereunder shall be in writing and shall be
delivered in person, by facsimile (with confirming copy sent by one of the other delivery methods specified herein), by overnight courier or sent by certified, registered or express air mail, postage
prepaid, and shall be deemed given when so delivered in person, or when so received by facsimile or courier, or, if mailed, three (3) calendar days after the date of mailing, as follows: 

        (a)   if
to Liberty to: 

Liberty
Media Corporation

12300 Liberty Boulevard

Englewood, CO 80112

Attn: Charles Y. Tanabe

Fax: (720) 875-5382

with
copies to:

Baker
Botts L.L.P.

30 Rockefeller Plaza

New York, New York 10112

Attn: Frederick H. McGrath

Fax: (212) 259-2530 

        (b)   if
to Stockholder to: 

John
C. Malone

12300 Liberty Boulevard

Englewood, CO 80112

Fax: (720) 875-5394 

        Section 3.2.  Amendment. This Agreement may not be amended, changed, supplemented, waived or otherwise modified or terminated except
by an instrument in writing signed by Liberty and Stockholder. 

        Section 3.3.
Assignment; No Third Party Beneficiaries. This Agreement shall not be assignable or otherwise transferable by a party
without the prior consent of the other parties hereto, and any attempt to so assign or otherwise transfer this Agreement without such consent shall be void and of no effect. This Agreement shall be
binding upon the parties and their respective successors and permitted assigns. Nothing in this Agreement shall be construed as giving any person, other than the parties hereto and their respective
successors and permitted assigns, any right, remedy or claim under or in respect of this Agreement or any provision hereof. 

        Section 3.4.
Entire Agreement. This Agreement constitutes the full and entire agreement and understanding of the parties with
respect to the subject matter hereof and supersedes any and all prior agreements and understandings relating to such subject matter. 

        Section 3.5.  Severability. If any term or provision of this Agreement is held to be invalid, illegal, incapable of being enforced
by any rule of law, or public policy, or unenforceable for any reason, it shall be adjusted rather than voided, if possible, in order to achieve the intent of the parties hereto to the maximum extent
possible. In any event, the invalidity or unenforceability of any provision of this Agreement in any jurisdiction shall not affect the validity or enforceability of the remainder of this Agreement in
that jurisdiction or the validity or enforceability of this Agreement, including that provision, in any other jurisdiction. Upon such determination that any term or other provision is invalid, illegal
or incapable of being enforced, the parties hereto shall negotiate in good faith to modify this Agreement so as to effect the original intent of the parties as closely as possible in a mutually
acceptable manner in order that the terms of this Agreement remain as originally contemplated to the fullest extent possible. 

        Section 3.6.
Specific Performance. The parties acknowledge that money damages are not an adequate remedy for violations of this
Agreement and that any party may, in its sole discretion, apply to a court
of competent jurisdiction for specific performance or injunctive or such other relief as such court may deem just and proper in order to enforce this Agreement or prevent any violation hereof and, to
the extent permitted by applicable law, each party waives any objection to the imposition of such relief. 

        Section 3.7.  Remedies. No failure or delay by any party in exercising any right, power or privilege under this Agreement shall
operate as a waiver thereof nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other right, power or privilege. The rights and
remedies provided herein shall be cumulative and not exclusive of any rights or remedies provided by law. 

        Section 3.8.
No Waiver. The failure of any party hereto to exercise any right, power or remedy provided under this Agreement or
otherwise available in respect hereof at law or in equity, or to insist upon compliance by any other party hereto with its obligations hereunder, and any custom or practice of the parties at variance
with the terms hereof, shall not constitute a waiver by such party of its or his right to exercise any such or other right, power or remedy or to demand such compliance. 

        Section 3.9.
Governing Law; Jurisdiction. This Agreement shall be governed by and construed in accordance with the internal laws of
the State of Delaware without giving effect to any choice or conflict of laws provision or rule (whether of the State of Delaware or any other jurisdiction) that would cause the application of laws of
any jurisdictions other than those of the State of Delaware. Any suit, action or proceeding seeking to enforce any provision of, or based on any matter arising out of or in connection with, this
Agreement will be brought exclusively in the Court of Chancery of the State of Delaware (the "Delaware Chancery Court"), or, if the Delaware Chancery
Court does not have subject matter jurisdiction, in the federal courts located in the State of Delaware. Each of the parties hereby consents to personal jurisdiction in any such action, suit or
proceeding brought in any such court (and of the appropriate appellate courts therefrom) and irrevocably waives, to the fullest extent permitted by applicable law, any objection that it may now or
hereafter have to the laying of the venue of any such suit, action or proceeding in any such court or that any such suit, action or proceeding brought in any such court has been brought in an
inconvenient forum. Process in any such suit, action or proceeding may be served on any party anywhere in the world, whether within or without the jurisdiction of any 

such
court. Without limiting the foregoing, each party agrees that service of process on such party as provided in Section 3.1 shall be deemed effective service of process on such party. 

        Section 3.10.
WAIVER OF JURY TRIAL. EACH OF THE PARTIES AGREES AND ACKNOWLEDGES THAT ANY CONTROVERSY THAT MAY ARISE UNDER THIS
AGREEMENT IS LIKELY TO INVOLVE COMPLICATED AND DIFFICULT ISSUES, AND THEREFORE EACH SUCH PARTY HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES ANY RIGHT SUCH PARTY MAY HAVE TO A TRIAL BY JURY IN RESPECT
OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT, OR THE BREACH, TERMINATION OR VALIDITY OF THIS AGREEMENT. 

        Section 3.11.
Effect of Headings. The section headings herein are for convenience only and shall not affect the construction or
interpretation of this Agreement. 

        Section 3.12.
Counterparts. This Agreement may be executed in any number of counterparts, each of which shall be deemed to be an
original, but all of which together shall constitute one instrument. 

        Section 3.13.  Expenses. Liberty and Stockholder shall bear its or his own expenses incurred in connection with this Agreement and
the transactions contemplated hereby. 

[Remainder of page intentionally left blank.]

        IN
WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and date first above written. 

 

 

							
	

 	
 	

LIBERTY MEDIA CORPORATION
	

 	
 	
 By:	
 	
  

 
	 	 	 	 	Name:	 	 
	 	 	 	 	Title:	 	 
	

 	
 	

 	
 	
  

  John C. Malone

 

 

 Schedule I  

 Share Ownership
  As
of                                    , 2011 

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come.]QuickLinks
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  Exhibit 10.10    
    

 
    Management and Allocation Policies of Liberty Splitco Inc.    
    

        Liberty Splitco Inc. ("Splitco") has established management and allocation policies for purposes of attributing all of its businesses
and operations to either the Capital Group or the Starz Group, and allocating between those two groups other items (such as debt, corporate overhead, taxes, corporate opportunities and other charges
and obligations) in a manner Splitco deems reasonable after taking into account all material factors. All references in these policies to the Capital Group or the Starz Group refer to the tracking
stock groups of Splitco. The following Management and Allocation Policies are substantially similar to those of Liberty Media Corporation ("Liberty Media"), except as otherwise noted below with
respect to certain tax matters defined terms used and not otherwise defined herein have the meanings ascribed to them in the proxy statement/prospectus, which forms a part of Splitco's Registration
Statement on Form S-4 filed herewith. 

        As
a general principle, Splitco expects that all material matters in which holders of Splitco Capital common stock and Splitco Starz common stock may have divergent interests will
continue to be generally resolved in a manner that is in the best interests of Splitco and all of its stockholders after giving fair consideration to the interests of the holders of each tracking
stock, as well as such other or different factors considered relevant by Splitco's board of directors (or any committee of the board authorized for this purpose, including the executive committee of
the board). 

 Policies Subject to Change Without Stockholder Approval  

        Set forth below are the management and allocation policies Splitco expects to be effective upon completion of the
Split-Off. Stockholder approval of these policies is not being sought. 

        Splitco's
board of directors may, without stockholder approval, modify, change, rescind or create exceptions to these policies, or adopt additional policies. Such actions could have
different effects on holders of Splitco Capital common stock and Splitco Starz common stock. Splitco's board of directors will make any such decision in accordance with its good faith business
judgment that such decision is in the best interests of Splitco and the best interests of all Splitco stockholders as a whole. 

        Any
such modifications, changes, rescissions, exceptions or additional policies will be binding and conclusive unless otherwise determined by the Splitco board. Splitco will notify its
shareholders of any material modification, change or exception made to these policies, any rescission of these policies and the adoption of any material additions to these policies through the filing
of a Current Report on Form 8-K. 

 Attribution  

        The businesses, assets and liabilities that are currently attributed to Liberty Media's Capital Group (other than those subject to the
Reattribution) will be attributed to Splitco's Capital Group, and the businesses, assets and liabilities that are currently attributed to Liberty Media's Starz Group will be attributed to Splitco's
Starz Group. All references to the Capital Group and the Starz Group in these policies refer to the tracking stock groups of Splitco. 

        The
Capital Group will initially have attributed to it Splitco's subsidiaries, Atlanta National League Baseball Club, Inc. and TruePosition, Inc., and Splitco's interests
in Sirius XM Radio, Inc., Live Nation Entertainment, Inc. and Sprint Nextel Corporation, among other smaller assets. The Capital Group will have attributed to it a bank facility with an
outstanding principal amount of $750 million, in addition to the liabilities that reside with the subsidiary businesses attributed to the Capital Group. The Capital Group will be primarily
focused on media, entertainment and technology. 

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        The
Starz Group will initially have attributed to it Splitco's subsidiaries, Starz Entertainment, LLC, Starz Media, LLC and Liberty Sports Interactive, Inc. The
Starz Group will not have any liabilities attributed to it, other than liabilities that reside with the businesses attributed to the Starz Group. The Starz Group will be primarily focused on video
programming. 

        The
Splitco board currently contemplates that businesses, assets and liabilities acquired after the Split-Off will be attributed to one of the two groups principally based
upon how strongly they complement or relate to the focus or strategy of that group. 

 Fiduciary and Management Responsibilities  

        Because the Capital Group and the Starz Group will be parts of a single company, Splitco's directors and officers will have the same
fiduciary duties to holders of Splitco Capital common stock and Splitco Starz common stock. Under Delaware law, a director or officer may be deemed to have satisfied his or her fiduciary duties to
Splitco and its stockholders if that person is independent and disinterested with respect to the action taken, is adequately informed with respect to the action taken and acts good faith taking into
account the interests of all of Splitco's stockholders as a whole. Splitco's board of directors and chief executive officer, in establishing and applying policies with regard to intra-company matters
such as business transactions between the two groups and allocation of assets, liabilities, debt, corporate overhead, taxes, interest, corporate opportunities and other matters, will consider various
factors and information which could benefit or cause relative detriment to the stockholders of the respective groups and will seek to make determinations which are in Splitco's best interests and the
best interests of Splitco's stockholders as a whole. If and when there are conflicting interests between the Capital Group and the Starz Group, Splitco's directors will use good faith business
judgment to resolve such conflicts. 

 Dividend Policy  

        Splitco does not anticipate paying cash dividends on Splitco Capital common stock or Splitco Starz common stock for the foreseeable
future following the Split-Off. Splitco's ability to pay dividends in respect of Splitco Capital common stock and Splitco Starz common stock is addressed in Article IV,
Section A.2.(c) of the Splitco charter. 

 Financing Activities  

         General.    Splitco will manage most of its financial activities on a centralized basis. These activities include the investment of
surplus cash, the
issuance and repayment of short-term and long-term debt and the issuance and repurchase of any preferred stock. 

        If
Splitco changes the attribution of cash or other property from one group to the other group, Splitco will account for such change as a short term loan unless Splitco's board of
directors determines that a given change in attribution should be accounted for as a long-term loan, an inter-group interest, as a reduction of an inter-group interest or as a transfer in
exchange for cash or other assets. See "—Inter-Group Loans" and "—Inter-Group Interests" below. 

        Splitco's
board of directors will make these determinations, either in specific instances or by setting applicable policies generally, in the exercise of its informed business judgment.
Factors Splitco's board of directors may consider in making this determination include: 

	•
	the financing needs and objectives of the receiving group;   

	•
	the investment objectives of the transferring group;   

	•
	the current and projected capital structure of each group;   

	•
	the relative levels of internally generated funds of each group; and 

2

 

	•
	the availability, cost and time associated with alternative financing sources, prevailing interest rates and general
economic conditions. 

        Splitco's
board of directors will make all changes in the attribution of material assets from one group to the other on a fair value basis, as determined by the board. For accounting
purposes, all such assets will be deemed reattributed at their carryover basis. To the extent that this amount is different than the fair value of the inter-group loan or inter-group interest created
in the transaction, this difference will be recorded as an adjustment to the group equity. No gain or loss will be recognized in the statement of operations information for the groups due to the
related party nature of such transactions. 

        Inter-Group Loans.    If one group makes a loan to the other group, Splitco's board of directors will determine the terms of the loan,
including the
rate at which it will bear interest. Splitco's board of directors will determine the terms of any inter-group loans, either in specific instances or by setting applicable policies generally, in the
exercise of its informed business judgment. Factors Splitco's board of directors may consider in making this determination include: 

	•
	Splitco's needs;   

	•
	the use of proceeds and creditworthiness of the receiving group;   

	•
	the capital expenditure plans of and the investment opportunities available to each group; and   

	•
	the availability, cost and time associated with alternative financing sources. 

        If
an inter-group loan is made, Splitco intends to account for the loan based on its stated terms, and the resulting activity, such as interest amounts, will be recorded in the separate
group financial results to be included in Splitco's consolidated financial statements but will be eliminated in preparing Splitco's consolidated financial statement balances. 

         Inter-Group Interests.    An inter-group interest is a quasi-equity interest that one group is deemed to hold in the other group.
Inter-group interests
are not represented by outstanding shares of common stock, rather they have an attributed value which is generally stated in terms of a number of shares of stock issuable to one group with respect to
an inter-group interest in the other group. 

        An
inter-group interest in a group will be created when cash or property is reattributed from one group to the other group and the board of directors determines that the reattribution
will not be treated as an inter-group loan or as a transfer in exchange for cash or other assets. Inter-group interests may also be created in the discretion of the board of directors for certain
other transactions, such as when funds of one group are used to effect an acquisition made on behalf of the other group. Additionally, inter-group interests once created are subject to adjustment for
subsequent events. For instance, if the Starz Group holds an inter-group interest in the Capital Group at the time of a reattribution of cash or property by the Capital Group to the Starz Group,
Splitco's board of directors may choose to reduce the Starz Group's inter-group interest in the Capital Group rather than create an inter-group interest in the Starz Group in favor of the Capital
Group. Certain extraordinary actions that may be taken under the Splitco charter may also cause an increase or decrease in one group's inter-group interest in the other group. For more information
regarding inter-group interests, see the definitions of "Number of Shares Issuable to the Starz Group with Respect to the Capital Group Inter-Group Interest" and "Number of Shares Issuable to the
Capital Group with Respect to the Starz Group Inter-Group Interest" in Article IV, Section A.2.(i) of the Splitco charter. 

        If
an inter-group interest is created, Splitco intends to account for this interest in a manner similar to the equity method of accounting whereby the group holding the inter-group
interest would record its proportionate share of such other group's net income or loss. Appropriate eliminating entries would be made in preparing Splitco's consolidated financial statement balances. 

3

 

          Equity Issuance and Repurchases and Dividends.    Splitco will reflect all financial effects of issuances and repurchases of shares
 relating to either
group in its own attributed financial information. Splitco will reflect financial effects of dividends or other distributions on, and purchases of, shares relating to either group in its own
attributed financial information. 

 Inter-Group Contracts  

        The terms of all current and future material transactions, relationships and other matters between the groups, including those as to
which the groups may have potentially divergent interests, will be determined in a manner considered by Splitco's board of directors to be in its best interests and the best interests of its
stockholders as a whole. 

 Review of Corporate Opportunities  

        In cases where a material corporate opportunity may appropriately be viewed as one that could be pursued by more than one group,
Splitco's board of directors may, independently or at the request of management, review the allocation of that corporate opportunity to one of, or between, such groups. In accordance with Delaware
law, Splitco's board of directors will make its determination with regard to the allocation of any such opportunity and the benefit of such opportunity in accordance with their good faith business
judgment of Splitco's best interests and the
best interests of Splitco's stockholders as a whole. Among the factors that Splitco's board of directors may consider in making this allocation is: 

	•
	whether a particular corporate opportunity is principally related or complementary to the business focus or strategy of
the Capital Group or the Starz Group;   

	•
	whether one group, because of operational expertise, will be better positioned to undertake the corporate opportunity than
the other group;   

	•
	existing contractual agreements and restrictions; and   

	•
	the financial resources and capital structure of each group. 

 Financial Statements; Allocation Matters  

        Splitco will present consolidated financial statements in accordance with generally accepted accounting principles in the U.S.,
consistently applied. Splitco will also provide consolidating financial statement information that will show the attribution of its assets, liabilities, revenue, expenses and cash flows to each of the
Capital Group and the Starz Group. 

        Consolidating
financial statement information will also include attributed portions of Splitco's debt, interest, corporate overhead and costs of administrative shared services and taxes.
Splitco will make these allocations for the purpose of preparing such information; however, holders of Splitco Capital common stock and Splitco Starz common stock will continue to be subject to all of
the risks associated with an investment in Splitco and all of Splitco's businesses, assets and liabilities. 

        In
addition to allocating debt and interest as described above, Splitco has adopted certain expense allocation policies, each of which will be reflected in the attributed financial
information of the Capital
Group and the Starz Group. In general, corporate overhead will be allocated to each group based upon the use of services by that group where practicable. Corporate overhead includes costs of personnel
and employee benefits, legal, accounting and auditing, insurance, investor relations and stockholder services and services related to Splitco's board of directors. Splitco will allocate in a similar
manner a portion of costs of administrative shared services, such as information technology services. Where determinations based on use alone are not practical, Splitco will use other methods and
criteria that Splitco believes are equitable and that provide a reasonable estimate of the cost attributable to each group. 

4

 

 Taxes  

        General Policies.    From and after the effective time of the Split-Off, taxes and tax benefits, and payments that are required to be made
by, or are entitled to be received by, Splitco (such payments, tax sharing payments) under the Tax Sharing Agreement, will be allocated between the
Capital Group and the Starz Group in accordance with the following tax sharing policies regardless of whether the applicable taxes, tax benefits or tax sharing payments relate
to— 

	•
	a taxable period (or portion thereof) ending at or before the effective time of the Split-Off (a  Pre-Split-off Period); or   

	•
	a taxable period (or portion thereof) beginning after the effective time of the Split-Off (a  Post-Split-off Period).

        These
tax sharing policies generally allocate taxes, tax benefits, and tax sharing payments between the Capital Group and the Starz Group in a manner consistent with the tax sharing
policies of Liberty Media in effect prior to the Split-Off and the attribution of certain
tax-related assets and liabilities between the Capital Group and Starz Group prior to the Split-Off. In addition, these tax sharing policies provide specific rules, not
addressed by the Liberty Media tax sharing policies, related to the manner in which any taxes or tax-related losses arising from the Split-Off or the issuance of the Splitco
Capital common stock and Splitco Starz common stock in connection with the Split-Off will be allocated between the Capital Group and the Starz Group. These tax sharing policies do not
address the manner in which any taxes, tax benefits, tax items, and tax-related losses will be allocated between Liberty Media and Splitco, including the manner in which any taxes or
tax-related losses arising from the Split-Off will be allocated. These tax matters are addressed in the Tax Sharing Agreement which is discussed in the proxy
statement/prospectus which forms a part of Splitco's Registration Statement on Form S-4 filed herewith under the heading "Certain Relationships and Related Transactions—Tax Sharing
Agreement." 

        References
in these tax sharing policies to the "Old Starz Group" refer to the assets, liabilities and businesses that were tracked during
the applicable Pre-Split-off Period by the Liberty Starz common stock or the Liberty Entertainment common stock, and for any taxable period (or portion thereof) ending prior to
March 3, 2008, the assets, liabilities and businesses of, and any equity or debt interests in, Starz Entertainment, LLC, FUN Technologies, Inc., GSN, LLC, Fox Sports Net
Rocky Mountain LLC, Fox Sports Net Northwest, LLC and Fox Sports Net Pittsburgh, LLC, or any of their respective subsidiaries, Liberty Media's equity interests in WildBlue
Communications, Inc. and The DirecTV Group, Inc., and Liberty Media LLC's 3.25% Senior Exchangeable Debentures due 2031. References to the "Old Capital
Group" refer to the assets, liabilities and businesses of Liberty Media (or its predecessor, Liberty Media LLC) and their respective subsidiaries during any
Pre-Split-off Period other than: 

	•
	the assets, liabilities and businesses that were tracked during such Pre-Split-off Period by the
Liberty Interactive common stock, and for any taxable period (or portion thereof) ending prior to May 9, 2006, the assets, liabilities and businesses of, and any equity or debt interests in,
QVC, Inc., Provide Commerce, Inc. and their respective subsidiaries; and   

	•
	the assets, liabilities and businesses of the Old Starz Group during such Pre-Split-off Period. 

        These
tax sharing policies may differ from the manner in which taxes and tax benefits of each group are reflected in the financial statements. For financial statement purposes, taxes and
tax benefits allocable to each group generally have been and will be accounted for in a manner similar to a stand-alone company basis in accordance with generally accepted accounting principles. Any
differences between the tax sharing policies described below and the taxes and tax benefits of each group reported in the financial statements will be reflected in the attributed net assets of the
groups for financial statement purposes. 

5

 

        In
general, for purposes of these tax sharing policies, any tax item (including any tax item arising from a disposition) attributable to an asset, liability or other interest tracked by
the Splitco Capital common stock or attributable to the Old Capital Group will be allocated to the Capital Group and any tax item (including any tax item arising from a disposition) attributable to an
asset, liability or other interest tracked by the Splitco Starz common stock or attributable to the Old Starz Group will be allocated to the Starz Group. Tax items that are allocable to the Capital
Group that are carried forward or back and used as a tax benefit in another tax year will be allocated to the Capital Group and tax items that are allocable to the Starz Group that are carried forward
or back and used as a tax benefit in another tax year will be allocated to the Starz Group. Except as described below under the special allocation rules, taxes and tax items arising in any
Post-Split-off Period from employee or director compensation or employee benefits will be allocated to the group responsible for the underlying obligation (either through the
allocation of the related expenses or through the issuance of stock of that group). 

        Consolidated Income Taxes for Post-Split-off Periods.    To the extent that federal, state, local or foreign income taxes are
determined on a basis that includes the operations, assets, liabilities or other tax items of more than one group for any Post-Split-off Period, or Splitco is required to make,
or is entitled to receive, any tax sharing payments related to any income taxes or tax items attributable to any Post-Split-off Period, then, except as described below, income
taxes and income tax benefits (other than any income taxes or income tax benefits that are allocable to Liberty Media under the Tax Sharing Agreement) and tax sharing payments will be shared among the
groups based principally on the taxable income (or loss), tax credits and other tax items directly related to the activities of such group for such Post-Split-off Periods. Such
allocations will reflect each group's contribution, whether positive or negative, to Splitco's consolidated taxable income (or loss), income tax liabilities and tax credit position or to any tax
sharing payments. Consistent with the general policies described above, income tax benefits that cannot be used by a group generating such benefits, but can be used to reduce the taxable income of the
other group or tax sharing payment liabilities otherwise allocable to the other group, will be credited to the group that generated such benefits and a corresponding amount will be charged to the
group utilizing such benefits. As a result, under this tax sharing policy, the amount of income taxes allocated to a group and the amount credited to a group for income tax benefits may not
necessarily be the same as that which would have been payable or received by the group had that group filed separate income tax returns. 

         Consolidated Income Taxes for Pre-Split-off Periods.    To the extent that federal, state, local or foreign income taxes are
determined on a basis that includes the operations, assets, liabilities or other tax items of more than one group for any Pre-Split-off Period, or Splitco is required to make,
or is entitled to
receive, any tax sharing payments related to any income taxes or tax items attributable to any Pre-Split-off Period, then except as described below, income taxes and income tax
benefits (other than any income taxes or income tax benefits that are allocable to Liberty Media under the Tax Sharing Agreement) and tax sharing payments will, consistent with the policies described
under "—Taxes—Consolidated Income Taxes for Post-Split-off Periods," be allocated to the Capital Group and the Starz Group based principally on the
taxable income (or loss), tax credits and other tax items directly related to the activities of the Old Capital Group and the Old Starz Group, respectively, for such
Pre-Split-off Periods. Consistent with the policies described above, income tax benefits that cannot be used by a group generating such benefits, but can be used to reduce the
taxable income of the other group or tax sharing payment liabilities otherwise allocable to the other group, will be credited to the group that generated such benefits and a corresponding amount will
be charged to the group utilizing such benefits. 

        Non-Income Taxes and Non-Consolidated Income Taxes.    In any taxable period, if any non-income taxes or tax sharing
payments attributable to non-income taxes or tax items are determined on a basis that includes the operations, assets, liabilities or other tax items of more than one group, then any such 

6

 

non-income
taxes, non-income tax benefits, or tax sharing payments will be allocated to each group based upon their contribution to the consolidated non-income tax
liability (or benefit) or tax sharing payments. Non-income tax benefits that cannot be used by a group generating such benefits, but can be used to reduce taxes or tax sharing payments of
the other group, will be credited to the group that generated such benefits, and a corresponding amount will be charged to the group utilizing such benefit. 

        In
any taxable period, any income or non-income taxes or tax benefits or tax sharing payments that are determined on a basis that includes only the operations, assets,
liabilities or other tax items of one group will be allocated to that group. 

        Special Allocation Rules.    Notwithstanding the foregoing, special allocation rules apply as follows: 

	•
	the Capital Group and the Starz Group will each be allocated a proportionate amount, based upon the aggregate market
capitalization of the Splitco Capital common stock and the Splitco Starz common stock on the first trading day following the Split-Off, of any taxes, tax items, and tax sharing payments
(including any transfer taxes or tax sharing payments related thereto) that result from the Split-Off and certain related restructuring transactions, except that (x) the Capital
Group will be solely responsible for any such taxes, tax items, and tax sharing payments that result from (i) the Liberty Interactive common stock, the Liberty Capital common stock, or the
Liberty Starz common stock not being treated as stock of Liberty Media, or being treated as Section 306 stock within the meaning of Section 306(c) of the Code, for U.S. federal income
tax purposes, or (ii) any deferred intercompany items or excess loss accounts that are triggered thereby, and that would otherwise be allocated to the Capital Group, and (y) the Starz
Group will be solely responsible for any such taxes, tax items and tax sharing payments that result from any deferred intercompany items or excess loss accounts that are triggered thereby, and that
would otherwise be allocated to the Starz Group;   

	•
	the Starz Group will be allocated any taxes, tax items and tax sharing payments resulting from the LEI
Split-Off and related restructuring transactions;   

	•
	the Capital Group will be allocated any taxes, tax items and tax sharing payments resulting from the exchange of stock of
News Corporation for stock of Greenlady Corp. that was effected between News Corporation and subsidiaries of Liberty Media on February 27, 2008 (the News
Exchange) and related restructuring transactions;   

	•
	the Capital Group will be allocated any taxes, tax items and tax sharing payments resulting from (i) the treatment
of the Liberty Interactive common stock, the Liberty Capital common stock, the Liberty Starz common stock, or the Liberty Entertainment common stock as other than stock of Liberty Media, or as
Section 306 stock within the meaning of Section 306(c) of the Code, in any taxable period (or portion thereof) ending at or before the Split-Off or (ii) the actual or deemed
disposition of any assets caused by the issuance of the Liberty Interactive common stock, the Liberty Capital common stock, the Liberty Starz common stock, or the Liberty Entertainment common stock in
any taxable period (or portion thereof) ending at or before the Split-Off; however, in each case, any taxes, tax items and tax sharing payments resulting from deferred intercompany items or excess
loss accounts that are triggered thereby, and that would otherwise be allocated to the Starz Group, will be allocated to the Starz Group;   

	•
	the Capital Group and the Starz Group will each be allocated a proportionate amount, based upon the aggregate market
capitalization of the Splitco Capital common stock and the Splitco Starz common stock on the first trading day following the Split-off, of any taxes, tax items and tax sharing payments
resulting from (i) the treatment of the Splitco Capital common stock or the Splitco Starz common stock distributed in the Split-Off as other than stock of Splitco or as
Section 306 stock within the meaning of Section 306(c) of the Code, or (ii) the actual or deemed 

7

 

disposition
of any assets caused by the issuance of the Splitco Capital common stock or the Splitco Starz common stock; however, in each case, any taxes, tax items and tax sharing payments resulting
from deferred intercompany items or excess loss accounts that are triggered thereby, and that would otherwise be allocated to the Capital Group or the Starz Group, will be allocated to the Capital
Group or the Starz Group, respectively;  

	•
	for any Pre-Split-off Period (except as otherwise described in the next bullet), (x) any taxes,
tax items, and tax sharing payments arising from the issuance, vesting, exercise or settlement of any stock, equity interests, options, stock appreciation rights, or similar rights granted prior to
the Split-Off in connection with employee or director compensation (Compensatory Equity Interests) with respect to any series of Liberty
Starz common stock or Liberty Entertainment common stock will be allocated to the Starz Group; (y) any taxes, tax items, and tax sharing payments arising from the issuance, vesting, exercise or
settlement of any Compensatory Equity Interests with respect to any series of Liberty Capital Common Stock will be allocated to the Capital Group; and (z) any other taxes, tax items or tax
sharing payments related to employee or director compensation or employee benefits will be allocated to the Capital Group to the extent that the Old Capital Group was responsible for the underlying
obligation and will be allocated to the Starz Group to the extent that the Old Starz Group was responsible for the underlying obligation;   

	•
	for any tax period (whether beginning before, on or after the Split-Off date), (x) any taxes, tax items, and
tax sharing payments arising from the issuance, vesting, exercise or settlement of any Compensatory Equity Interests in DIRECTV will be allocated to the Starz Group; (y) any taxes, tax items,
and tax sharing payments arising from the issuance, vesting, exercise or settlement of any Compensatory Equity Interests in Discovery Communications, Inc.  (Discovery), LGI, or Ascent Media
Corporation will be allocated to the Capital Group;   

	•
	at the time of any sale or disposition of all or a portion of the stock of Starz Media Group, Inc.
(Starz Media) in which gain or loss is recognized for income tax purposes (whether occurring before, on or after the Split-Off date),
(x) the Capital Group will be allocated a deemed loss in an amount equal to the excess of the adjusted basis of the Starz Media stock (as of September 30, 2010) over the price at which
it was transferred to the Starz Group (the Starz Media purchase price) (or in the event that less than all of the Starz Media stock is sold, an
allocable portion of such excess), and (y) the Starz Group will be treated as having a starting adjusted basis in the stock of Starz Media equal to the Starz Media purchase price for income tax
purposes and will be allocated a deemed loss or gain in an amount equal to the difference between the amount actually realized upon such sale or disposition and the Starz Group's deemed adjusted basis
in the stock of Starz Media (the starting adjusted basis in the stock of Starz Media previously described, properly adjusted to take into account any income, deduction, gain, loss, contribution and
distribution occurring after the reattribution of Starz Media from the Capital Group to the Starz Group) (as appropriately adjusted in the event of a sale or disposition of less than all of the stock
of Starz Media);   

	•
	for any tax period (whether beginning before, on or after the Split-Off date), taxes and tax items of any
subsidiary that is acquired, directly or indirectly, after the Split-Off for the benefit of the Capital Group or the Starz Group will generally be allocated to the Capital Group or the
Starz Group, respectively; and 

8

 

	•
	the Capital Group will be allocated all taxes, tax items, losses and tax sharing payments attributable to Liberty
Media LLC's tax sharing agreement with, among others, AT&T Corp. (AT&T) and Liberty Media LLC's tax sharing agreements with each of
Discovery Holding Company (DHC) and Liberty Media International, Inc. (LMI). 

        Several Liability for Consolidated Taxes.    Notwithstanding these tax sharing policies, under U.S. treasury regulations, each member of a
consolidated
group is severally liable for the U.S. federal income tax liability of each other member of the consolidated group. Accordingly, each member of the Splitco affiliated group for
U.S. federal income tax purposes (whether such member is attributed to the Capital Group or the Starz Group) could be liable to the U.S. government for any U.S. federal income tax liability incurred,
but not discharged, by any other member of the Splitco affiliated group, and each member of the Capital Group and the Starz Group that is a member of the Liberty Media affiliated group for U.S.
federal income tax purposes in any Pre-Split-off Period could be liable to the U.S. government for any U.S. federal income tax liability incurred, but not discharged, by any
other member of the Liberty Media affiliated group with respect to any tax year beginning on or before the date of the Split-Off.

9

QuickLinks

Exhibit 10.10

Management and Allocation Policies of Liberty Splitco Inc.

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