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This is fantastic for Worldspace - Liberty Media will “look at opportunities” to introduce Sirius XM in other countries........."

Liberty Made About $175 Million on Sirius XM’s Debt

http://www.bloomberg.com/apps/news?pid=conews&tkr=siri

Dec. 8 (Bloomberg) -- Liberty Media Corp’s investment in Sirius XM Radio Inc.’s debt has returned about $175 million, Chief Executive Officer Greg Maffei said.

Liberty made about $75 million on Sirius XM’s senior debt and about $100 million on the satellite radio company’s junior debt, Maffei said today at the UBS Global Media and Communications Conference in New York.

The Englewood, Colorado-based company loaned $530 million to Sirius XM in February to help prevent the New York-based broadcaster from filing for bankruptcy protection. The loans have been repaid and Liberty received warrants worth more than $1.7 billion after nine months, Maffei said last month.

Maffei said Liberty will “look at opportunities” to introduce Sirius XM in other countries. The pay-radio broadcaster is currently only available in the U.S. and Canada.

Separately, Maffei said Liberty would “look at” Metro- Goldwyn-Mayer Inc., the film studio considering selling itself. News Corp., Time Warner Inc. and Qualia Capital LLC are interested in MGM, people with knowledge of the situation said last month.

Liberty Capital, a tracking stock for the company, rose 8 cents to $22.11 at 4 p.m. New York time in Nasdaq Stock Market trading. Sirius XM, run by Mel Karmazin, increased less than 1 cent to 63 cents and had gained more than fivefold this year before today.

Liberty Media, controlled by Chairman John Malone, has assets including the Starz cable network and the QVC shopping channel.