Filed Pursuant to Rule 424(b)(3)
Registration No. 333-67538
PROSPECTUS SUPPLEMENT
(TO PROSPECTUS DATED AUGUST 22, 2001)
LIBERTY MEDIA CORPORATION
3-1/4% SENIOR EXCHANGEABLE DEBENTURES DUE 2031
The persons named in the tables below are "selling security holders,"
as that term is used in the prospectus, dated August 22, 2001, which covers the
sale from time to time by the selling security holders named therein and in any
prospectus supplement of $817,729,000 original principal amount of Liberty Media
Corporation's 3-1/4% Senior Exchangeable Debentures due 2031. Table 1 below sets
forth, as of August 22, 2001, the principal amount of debentures that may be
sold by the referenced selling security holders pursuant to the prospectus, as
supplemented hereby. The selling security holders named in Table 1 below were
not listed in the prospectus. The selling security holders named in Table 2
below were listed in the prospectus, however, they acquired additional principal
amounts of debentures pursuant to Rule 144A following such listing. The selling
security holders named in Table 3 were listed in the prospectus dated August 22,
2001 in error and thus all references to those selling security holders and
their respective holdings should be deleted in their entirety therefrom.
Because selling security holders may sell all or some of their
debentures from time to time under the prospectus, as supplemented, no estimate
can be given at this time as to the principal amount of debentures that will be
held by any selling security holder following any particular sale of debentures
by it.
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TABLE 1
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PRINCIPAL AMOUNT OF PERCENTAGE OF
NAME DEBENTURES THAT MAY BE OUTSTANDING
SOLD ($) DEBENTURES
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BTES Convertible Arbitrage 1,830,000 *
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BTPO Growth Vs Value 5,670,000 *
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GLG Market Neutral Fund 50,000,000 6.1%
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Goldman Sachs and Company 337,000 *
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McMahan Securities Co. L.P. 90,000 *
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Morgan Stanley & Co. Inc. 10,000,000 1.2%
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Nomura Securities International, Inc. 30,000,000 3.7%
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Radian Asset Guaranty 1,600,000 *
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Radian Guaranty Inc. 1,050,000 *
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Rockhaven Premier Dividend Fund 740,000 *
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Sagamore Hill Hub Fund LTD 22,400,000 2.7%
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Sage Capital 5,000,000 *
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TABLE 2
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PRINCIPAL AMOUNT OF PERCENTAGE OF
NAME DEBENTURES THAT MAY BE OUTSTANDING
SOLD ($) DEBENTURES
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Independence Blue Cross 265,000 *
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Lipper Convertibles, L.P. 32,500,000 4.0%
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TABLE 3
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PRINCIPAL AMOUNT OF PERCENTAGE OF
NAME DEBENTURES THAT MAY BE OUTSTANDING
SOLD ($) DEBENTURES
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Fidelity Devonshire Trust: Fidelity Equity-Income Fund 24,600,000 3.0%
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Fidelity Puritan Trust: Fidelity Puritan Fund 14,140,000 1.7%
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Variable Insurance Products Fund: Equity-Income Portfolio 11,400,000 1.4%
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NEITHER THE SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES
COMMISSION HAS APPROVED OR DISAPPROVED OF
THESE SECURITIES OR PASSED UPON THE ADEQUACY OR ACCURACY OF THIS
PROSPECTUS SUPPLEMENT OR THE PROSPECTUS. ANY
REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.
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The date of this Prospectus Supplement is January 8, 2002.