Liberty Media has come to the rescue, so to speak, of troubled satellite radio provider Sirius XM, in the form of $530 million in loans to be delivered in two phases.

The Liberty Media Corporation, an American media conglomerate, has increased its stake in DirecTV Group Inc to 48%, thus making further steps in getting the majority control of the company.

Liberty Media lodged a complaint to remove IAC/InterActiveCorp Chairman and Chief Executive Barry Diller and six other directors from IAC's board.