Filed by UnitedGlobalCom, Inc. pursuant to

Rule 425 under the Securities Act of 1933

 

Subject Company:  UnitedGlobalCom, Inc.

Commission File No. 000-49658

 

Subject Company:  Liberty Media International, Inc.

Commission File No. 000-50671

 

At the start of the unrecorded oral presentation at which he showed the following slides, Shane O’Neill, Chief Strategy Officer of UGC Europe, a subsidiary of UnitedGlobalCom, Inc. (“UGC”), alerted participants to the following legends contained on UGC’s website.

 

Additional Information

 

UnitedGlobalCom, Inc. (“UGC”) and Liberty Media International, Inc. (“LMI”) have filed a preliminary Joint Proxy Statement relating to their proposed merger as well as a related Schedule 13E-3. Liberty Global, Inc. (“Liberty Global”) plans to shortly file a Registration Statement on Form S-4 which will contain a Prospectus/Joint Proxy Statement with respect to the proposed merger. UGC AND LMI STOCKHOLDERS AND OTHER INVESTORS ARE URGED TO READ THESE DOCUMENTS (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS WHEN AVAILABLE) BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT THE TRANSACTION. Investors may obtain these documents free of charge at the SEC’s website at www.sec.gov. In addition, copies of the Prospectus/Joint Proxy Statement and other related documents filed by the parties to the merger may be obtained free of charge by directing a request to UnitedGlobalCom, Inc., 4643 South Ulster Street, Suite 1300, Denver, Colorado 80237, Attention: Investor Relations Department, telephone: 303-770-4001.

 

Participants in Solicitation

 

UGC and its directors and executive officers may be deemed to be participants in the solicitation of proxies from UGC’s stockholders in connection with the special meeting of stockholders to be held to approve the merger with LMI through the formation of a new holding company to be named Liberty Global. Information concerning UGC’s directors and executive officers and their direct and indirect interests in UGC and LMI is set forth in UGC’s and LMI’s preliminary Joint Proxy Statement filed with the SEC on March 29, 2005. A definitive proxy statement will be mailed to UGC stockholders when available. Stockholders may obtain these documents (when available) free of charge at the SEC’s website at www.sec.gov. In addition, copies of the definitive Prospectus/Joint Proxy Statement (when available) may be obtained free of charge by directing a request to UnitedGlobalCom, Inc., 4643 South Ulster Street, Suite 1300, Denver, Colorado 80237, Attention: Investor Relations Department, telephone: 303-770-4001. UGC STOCKHOLDERS SHOULD READ THE PROSPECTUS/JOINT PROXY STATEMENT AND OTHER RELEVANT DOCUMENTS CAREFULLY BEFORE MAKING ANY VOTING DECISION BECAUSE IT CONTAINS IMPORTANT INFORMATION.

 

Please visit http://www.unitedglobal.com for further information.

 



 

 

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Competing Infrastructures

 

“Navigating the Platform Wars in Europe”

 

[GRAPHIC]

 

Milia@MIPTV 2005, Cannes, France

 

April 13, 2005

 

[LOGO]

 



 

The Next 10 Minutes...

[GRAPHIC]

 

 

                  Who is Liberty Global?

 

                  What’s Happening?

 

                  How Are We Responding?

 

                  What Can We Do Together?

 

April 13, 2005

[LOGO]

 

2



 

Who is Liberty Global?

[GRAPHIC]

 

 

                  Merger of UGC and Liberty Media International

 

                  24 million homes passed in 18 countries

 

                  15 million RGUs; 3.7 million voice & data subs

 

Liberty Global

 

Rationale

 

 

 

 

 

 

 

 

 

 

 

Scale

 

 

 

 

 

 

 

 

[LOGO]

[LOGO]

 

Simplicity

 

 

 

 

 

 

 

 

[LOGO]

[LOGO]

 

Liquidity

 

 

 

 

 

 

 

 

[LOGO]

Cash &
Other Assets

 

Growth

 

 

 

April 13, 2005

 

3



 

What’s Happening?

[GRAPHIC]

 

 

Business strategies are colliding

 

Telcos

=>

Video

 

Satellite

=>

2-Way

 

 

 

 

 

 

 

Cable

=>

Voice

 

Mobile

=>

Content

 

[CHART]

 

Source: Gartner, Yankee, McKinsey, Screendigest (2004; W. Europe; residential revenue only)

 

April 13, 2005

 

4



 

Other Key Observations:

 

      More alternative networks will emerge

                  e.g. FTTH, power lines, WiMAX

 

                  Everyone’s obsessed with wireless

                  But it’s not a zero sum game

 

                  Content wins either way

                  But the “middleman” survives

 

      Consumers will call the shots!

 

April 13, 2005

 

5



 

How Are We Responding?

[GRAPHIC]

 

 

Competition drives all of our key operating and strategic decisions

 

 

Telcos

Network Upgrades

 

 

 

 

 

 

Triple Play

DSL Resellers

Product Innovation

 

 

 

 

 

 

 

Cable

Bundling

 

 

 

 

 

 

 

Satellite

Customer Service

 

 

 

 

 

 

Single Play

DTT

Footprint Expansion

 

 

 

 

 

 

 

Mobile

Content

 

April 13, 2005

 

6



 

Integrated Product Strategy

[GRAPHIC]

 

 

The Digital Home

 

Video

Voice

Data

 

 

 

 

 

Content Leadership

Price Leadership

Product Leadership

 

 

 

 

 

“Best Content -

“Beat on Price –

“Meet on Price –

 

 

 

 

 

Go Digital”

More Features”

Beat on Speed”

 

 

 

 

 

 

Mobile

“Off-Net”

 

 

 

 

 

 

4 – Play

Nat’l Coverage

 

 

 

 

 

 

“Take your home with you”

“Compete head-to-head w/Telcos”

 

 

April 13, 2005

 

7



 

VoIP: The Next Big Thing

[GRAPHIC]

 

 

                  Over 100,000 sales since Q4 launch in NL

 

                  Bundle is pulling through data customers

 

                  Aggressive roll-out schedule for Europe

 

Weekly VoIP Sales in The Netherlands

 

[CHART]

 

April 13, 2005

 

8



 

Our Content Strategy

[GRAPHIC]

 

 

[LOGO]

Pay TV

 

Services

 

Investments

 

Regional Specific

European/Global Focus

 

 

 

Content

 

Benelux

CEE

[LOGO]

 

 

 

 

 

 


[LOGO]

[LOGO]

NL
Thematics
Bouquet

[LOGO]

[LOGO]

[LOGO]

[LOGO]

[LOGO]

[LOGO]

[LOGO]

[LOGO]

 

[LOGO]

[LOGO]

 

•  SBS (22%)

   IPS (50%)

   Poland:

   Jetix (50%)

   MTV (50%)

   Sport 1 Hungary(25%)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Platform

 

 

 

 

 

 

   Telenet (14%)
   Melita (50%)
   Cyfra+ (25%)
   Primacom (25%)

 

 

April 13, 2005

 

9



 

Zone Vision Overview

[GRAPHIC]

 

 

[GRAPHIC]

 

USA

[LOGO]

[LOGO]

3.5 million subscribers *

 

WESTERN EUROPE

[LOGO]

[LOGO]

13.3 million subscribers *

 

CENTRAL & EASTERN EUROPE

[LOGO]

[LOGO]

[LOGO]

[LOGO]

[LOGO]

16.6 million subscribers *

 

JAPAN

[LOGO]

0.6 million subscribers **

 

CHINA

[LOGO]

80 million subscribers *

 

ASIA
(including India)

[LOGO]

2.2 million subscribers *

 

MIDDLE EAST & AFRICA

[LOGO]

[LOGO]

1.9 million subscribers *

 

LATIN AMERICA

[LOGO]

[LOGO]

8.7 million subscribers *

 


* Actual figures as of December 2004

** As art launch Feb 2005

 

April 13, 2005

 

10



 

NL VoD Offer

[GRAPHIC]

 

 

TVoD Movies

[LOGO] [LOGO] [LOGO] [LOGO] [LOGO] [LOGO] [LOGO]

Delay TV

[LOGO] [LOGO] [LOGO] [LOGO]

SVoD Family Starter Pack

[LOGO] [LOGO] [LOGO] [LOGO] [LOGO]

Channels on Demand

[LOGO] [LOGO] [LOGO] [LOGO] [LOGO]

Premium Channels on Demand

[LOGO]

New Movie
brand AKA C+

[LOGO]

 

April 13, 2005

 

11



 

Interactive Services

[GRAPHIC]

 

 

EPG’s

[GRAPHIC]

 

Interactive Content

[GRAPHIC]

 

Participation TV

[GRAPHIC]

 

Near Video on Demand / VoD

[GRAPHIC]

 

Interactive Advertising

[GRAPHIC]

 

April 13, 2005

 

12



 

What Can We Do Together?

[GRAPHIC]

 

 

The Way Forward

 

Invest

 

Innovate

 

Share

 

Educate

 

Stay Committed!

 

April 13, 2005

 

13