SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
 
SCHEDULE 13G
(Rule 13d-102)
 
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b)
 
(Amendment No.  )*


Liberty Media Corporation
(Name of Issuer)
 
Series A Liberty Capital Common Stock
(Title of Class of Securities)
 
53071M302
(CUSIP Number)
 
December 31, 2006
(Date of Event which Requires Filing of this Statement)

 
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 
o
Rule 13d-1(b)
     
 
o
Rule 13d-1(c)
     
 
x
Rule 13d-1(d)
 

 
*  The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
 
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 
Page 1 of 10
 

 
 CUSIP No. 53071M302
 13G
 
 
1
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
 
Comcast QVC, Inc.
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
(a)
(b)
 
 
o
x
3
SEC USE ONLY
 
 
  
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
  
NUMBER OF SHARES
BENEFICIALLY OWNED BY
EACH REPORTING PERSON
WITH
5
SOLE VOTING POWER
 
-0-
6
SHARED VOTING POWER
 
5,000,000
7 
SOLE DISPOSITIVE POWER
 
-0-
8
SHARED DISPOSITIVE POWER
 
5,000,000
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
5,000,000
  
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
 
o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
5.5%
  
12
TYPE OF REPORTING PERSON
 
CO
  
 
Page 2 of 10
 
 CUSIP No. 53071M302
 13G
 
 
1
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
 
Comcast Programming Holdings, Inc.
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
(a)
(b)
 
 
o
x
3
SEC USE ONLY
 
 
  
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
  
NUMBER OF SHARES
BENEFICIALLY OWNED BY
EACH REPORTING PERSON
WITH
5
SOLE VOTING POWER
 
-0-
6
SHARED VOTING POWER
 
5,000,000
7 
SOLE DISPOSITIVE POWER
 
-0-
8
SHARED DISPOSITIVE POWER
 
5,000,000
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
5,000,000
  
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
 
o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
5.5%
  
12
TYPE OF REPORTING PERSON
 
CO
  
 
Page 3 of 10
 
 CUSIP No. 53071M302
 13G
 
 
1
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
 
Comcast Holdings Corporation
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
(a)
(b)
 
 
o
x
3
SEC USE ONLY
 
 
  
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Pennsylvania
  
NUMBER OF SHARES
BENEFICIALLY OWNED BY
EACH REPORTING PERSON
WITH
5
SOLE VOTING POWER
 
-0-
6
SHARED VOTING POWER
 
5,000,000
7 
SOLE DISPOSITIVE POWER
 
-0-
8
SHARED DISPOSITIVE POWER
 
5,000,000
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
5,000,000
  
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
 
o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
5.5%
  
12
TYPE OF REPORTING PERSON
 
CO
  
 
Page 4 of 10
 
 CUSIP No. 53071M302
 13G
 
 
1
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
 
Comcast Corporation
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
(a)
(b)
 
 
o
x
3
SEC USE ONLY
 
 
  
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Pennsylvania
  
NUMBER OF SHARES
BENEFICIALLY OWNED BY
EACH REPORTING PERSON
WITH
5
SOLE VOTING POWER
 
-0-
6
SHARED VOTING POWER
 
5,000,000
7 
SOLE DISPOSITIVE POWER
 
-0-
8
SHARED DISPOSITIVE POWER
 
5,000,000
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
5,000,000
  
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
 
o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
5.5%
  
12
TYPE OF REPORTING PERSON
 
CO
  
 
Page 5 of 10
 

Item 1(a).      Name of Issuer:
 
Liberty Media Corporation
 
Item 1(b). Address of Issuer’s Principal Executive Offices:
 
12300 Liberty Boulevard
Englewood, Colorado  80112
 
Item 2(a). Names of Persons Filing:
 
This statement is filed on behalf of the persons identified below (the “Reporting Persons”).
 
Comcast QVC, Inc.
 
Comcast Programming Holdings, Inc.
 
Comcast Holdings Corporation
 
Comcast Corporation
 
Item 2(b). Address of Principal Business Office or, if None, Residence:
 
The address of the principal business office of each of Comcast QVC, Inc. and Comcast Programming Holdings, Inc. is 1201 N. Market Street, Suite 1000, Wilmington, Delaware 19801.
 
The address of the principal business office of each of Comcast Holdings Corporation and Comcast Corporation is One Comcast Center, Philadelphia, Pennsylvania 19103.
 
Item 2(c). Citizenship:
 
Comcast QVC, Inc. – Delaware
 
Comcast Programming Holdings, Inc. – Delaware
 
Comcast Holdings Corporation – Pennsylvania
 
Comcast Corporation – Pennsylvania
 
Item 2(d). Title of Class of Securities:
 
Series A Liberty Capital Common Stock
 
Item 2(e). CUSIP Number:
 
53071M302
 
Item 3.
If this Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a:
 
(a)
o
Broker or dealer registered under Section 15 of the Exchange Act;
 
(b)
o
Bank as defined in Section 3(a)(6) of the Exchange Act;
 
(c)
o
Insurance company as defined in Section 3(a)(19) of the Exchange Act;
 
(d)
o
Investment company registered under Section 8 of the Investment Company Act;
 
(e)
o
An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
 
Page 6 of 10
 
 
(f)
o
An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);
 
(g)
o
A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);
 
(h)
o
A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act;
 
(i)
o
A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act;
 
(j)
o
Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
 
Item 4.
Ownership.
 
 
(a)
Amount beneficially owned: 5,000,000
 
 
(b)
Percent of class:  5.5% (1)
 
 
(c)
Number of shares as to which such person has:
 
 
(i)Sole power to vote or to direct the vote:  -0-
 
 
(ii)Shared power to vote or to direct the vote:  5,000,000
 
 
(iii)Sole power to dispose or to direct the disposition of:  -0-
 
 
(iv)Shared power to dispose or to direct the disposition of: 5,000,000
 
 
(1) Based on 91,618,446 shares of Series A Liberty Capital Common Stock outstanding as of October 31, 2008, as reported on Liberty Media Corporation’s Form 10-Q for the quarterly period ended September 30, 2008.
 
Item 5.
Ownership of Five Percent or Less of a Class.
 
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following. o
 
Item 6.
Ownership of More than Five Percent on Behalf of Another Person.
 
Not applicable
 
Item 7.
Identification and Classification of the Subsidiaries Which Acquired the Security Being Reported on by the Parent Holding Company.
 
Comcast QVC, Inc. owns 5,000,000 shares of Series A Liberty Capital Common Stock.
 
Comcast QVC, Inc. is a direct, wholly owned subsidiary of Comcast Programming Holdings, Inc.
 
Comcast Programming Holdings, Inc. is a direct, wholly owned subsidiary of Comcast Holdings Corporation.
 
Comcast Holdings Corporation is a direct, wholly owned subsidiary of Comcast Corporation.
 
Item 8.
Identification and Classification of Members of the Group.
 
Not applicable
 
Item 9.
Notice of Dissolution of Group.
 
Not applicable
 
Page 7 of 10
 
 
Item 10.
Certifications.
 
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
 
 
 
 
 
Page 8 of 10
 
SIGNATURE
 
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
 
Date:  February 17, 2009
 
COMCAST QVC, INC.
  
   
   
By:
/s/ James P. McCue
  
 
Name:
James P. McCue
  
 
Title:
President
  

 
COMCAST PROGRAMMING HOLDINGS, INC.
  
   
   
By:
/s/ James P. McCue
  
 
Name:
James P. McCue
  
 
Title:
President
  

 
COMCAST HOLDINGS CORPORATION
  
   
   
By:
/s/ Arthur R. Block
  
 
Name:
Arthur R. Block
  
 
Title:
Senior Vice President and General Counsel
  

 
COMCAST CORPORATION
  
   
   
By:
/s/ Arthur R. Block
  
 
Name:
Arthur R. Block
  
 
Title:
Senior Vice President and General Counsel
  

 
 
Page 9 of 10

 
 
JOINT FILING STATEMENT
 
In accordance with Rule 13d−1(k) under the Securities Exchange Act of 1934, as amended, each of the undersigned agrees that (i) this statement on Schedule 13G has been adopted and filed on behalf of each of them and (ii) all future amendments to such statement on Schedule 13G will, unless written notice to the contrary is delivered as described below, be jointly filed on behalf of each of them. This agreement may be terminated with respect to the obligations to jointly file future amendments to such statement on Schedule 13G as to any of the undersigned upon such person giving written notice thereof to each of the other persons signatory hereto, at the principal office thereof.
 
Date: February 17, 2009

 
COMCAST QVC, INC.
  
   
   
By:
/s/ James P. McCue
  
 
Name:
James P. McCue
  
 
Title:
President
  

 
COMCAST PROGRAMMING HOLDINGS, INC.
  
   
   
By:
/s/ James P. McCue
  
 
Name:
James P. McCue
  
 
Title:
President
  

 
COMCAST HOLDINGS CORPORATION
  
   
   
By:
/s/ Arthur R. Block
  
 
Name:
Arthur R. Block
  
 
Title:
Senior Vice President and General Counsel
  

 
COMCAST CORPORATION
  
   
   
By:
/s/ Arthur R. Block
  
 
Name:
Arthur R. Block
  
 
Title:
Senior Vice President and General Counsel
  


Page 10 of 10