Stefania sells STRZA 38.85: I think we noted that we did get some liquidity on some of our smaller stakes during the first half of this year, all in a tax efficient manner.

Our history has been not to find those -- liquidate those assets other than in a tax efficient manner. Your next question comes from the line of Bryan Kraft with Deutsche Bank. I actually have Braves question. SiriusXM is repurchasing at an aggressive rate already, and increasing our ownership everyday and doing it at no premium and so why we would and go spend our valuable currency which is trading at a discount and pay a significant premium. One is, the idea -- the fact that SiriusXM has been repurchasing shares at a larger percentage of its float that we have as of ours, probably creating an, if not artificial, more upward pressure on their stock than our stock.


Marybelle:
Can you talk about other strategies, is there an opportunity to sell Sirius stock and buyback Liberty Media stock as a way to close, I mean, can you just talk about that.

Marg:
So, Greg, you were talking about opportunities and how you could probably close the discount apart from Liberty, Sirius buying back Liberty stock.

Hilde:
I think one of the questions for them would be what their eventual liquidity path on those shares and how do they -- how do they eventually collapse that.

Cruz:
There is some logic and appeal to that.

Elfrieda:
So, I wonder if you could help educate us.

Daisey:
Question is, how much opportunity is there for us outside those markets.

Noel:
We are very lucky to be at the most attractive part of the monetization in terms of how our ability to monetize audio content, older audiences in the car in the U.S.

Georgann:
And we remain interested but not yet convinced how to play it and we have looked at everything as I said from partnership to investment to acquisition.

Slyvia:
So, we looked at all of those businesses, many of which have been available for sale and/or investment.

Ivy:
Well, we run today a very attractive music service, which is distributed with other exclusive content and more broad content -- audio content on satellite and through streaming.

Starz Series A Liberty Capital (NASDAQ:STRZA)
//stockhand.net/us/?q=nasdaq%3Astrza&id=167323