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        <ContributingManagerNm>BARRY DILLER</ContributingManagerNm>
        <ContributingManagerNm>555 W 18TH STREET 5TH FL</ContributingManagerNm>
        <ContributingManagerNm>NEW YORK NY 10011</ContributingManagerNm>
        <ShareholderManagerNm>NA</ShareholderManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <FeesContractsFromGovtAgGrp />
        <MembershipDuesAndAssmntGrp />
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>184</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp />
        <NetRntlIncmReDebtFincdPropGrp />
        <NetRntlIncmReNotDebtFincdProp />
        <NetRentalIncomePersonalPropGrp />
        <OtherInvestmentIncmPartVIIGrp />
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>12246178</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <NetIncomeLossFromSpecialEvtGrp />
        <GrossProfitLossSlsOfInvntryGrp />
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>12246362</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>12246362</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <IRS990ScheduleB documentId="IRS990ScheduleB">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorPersonNm>BARRY DILLER</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>555 W 18TH STREET 5TH FLOOR</AddressLine1Txt>
          <CityNm>NEW YORK</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>100112822</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>30015</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
      <ContributorInformationGrp>
        <ContributorNum>2</ContributorNum>
        <ContributorPersonNm>BARRY DILLER</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>555 W 18TH STREET 5TH FLOOR</AddressLine1Txt>
          <CityNm>NEW YORK</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>100112822</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>30000</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
      <ContributorInformationGrp>
        <ContributorNum>3</ContributorNum>
        <ContributorPersonNm>BARRY DILLER</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>555 W 18TH STREET 5TH FLOOR</AddressLine1Txt>
          <CityNm>NEW YORK</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>100112822</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>3325902</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <ContributorInformationGrp>
        <ContributorNum>4</ContributorNum>
        <ContributorPersonNm>BARRY DILLER</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>555 W 18TH STREET 5TH FLOOR</AddressLine1Txt>
          <CityNm>NEW YORK</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>100112822</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>1943520</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>3</ContributorNum>
        <NoncashPropertyDesc>168,000 SHS HOME SHOPPING NETWORK INC.</NoncashPropertyDesc>
        <FairMarketValueAmt>10500000</FairMarketValueAmt>
        <ReceivedDt>2014-10-31</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>4</ContributorNum>
        <NoncashPropertyDesc>97,073 SHS HOME SHOPPING NETWORK INC.</NoncashPropertyDesc>
        <FairMarketValueAmt>6999934</FairMarketValueAmt>
        <ReceivedDt>2014-12-04</ReceivedDt>
      </NonCashPropertyContributionGrp>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="AccountingFeesSch">
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING</CategoryTxt>
        <DisbursementsCharitablePrpsAmt>8332</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <ContractorCompensationExpln documentId="ContractCompenExpln">
      <ContractorCompExplnGrp>
        <ContractorPersonNm>HEATHERWICK STUDIO</ContractorPersonNm>
        <ExplanationTxt>ARCHITECT</ExplanationTxt>
      </ContractorCompExplnGrp>
      <ContractorCompExplnGrp>
        <ContractorPersonNm>MATTHEW NEILSEN</ContractorPersonNm>
        <ExplanationTxt>ARCHITECT</ExplanationTxt>
      </ContractorCompExplnGrp>
      <ContractorCompExplnGrp>
        <ContractorPersonNm>KATE HORTON LIMITED</ContractorPersonNm>
        <ExplanationTxt>CONSULTANT</ExplanationTxt>
      </ContractorCompExplnGrp>
      <ContractorCompExplnGrp>
        <ContractorPersonNm>GLOBAL STRATEGY GROUP LLC</ContractorPersonNm>
        <ExplanationTxt>CONSULTANT</ExplanationTxt>
      </ContractorCompExplnGrp>
      <ContractorCompExplnGrp>
        <ContractorPersonNm>CHARCOALBLUE LLC</ContractorPersonNm>
        <ExplanationTxt>CONSULTANT</ExplanationTxt>
      </ContractorCompExplnGrp>
    </ContractorCompensationExpln>
    <DepreciationSchedule documentId="DepreciationSch" />
    <ExplnOfNonFilingWithAGStmt documentId="ExplnOfNonFilingAGSt">
      <ExplanationTxt>THE ACTIVITIES OCCUR IN NEW YORK ONLY. THE DELAWARE ATTORNEY GENERAL ONLY REQUIRES A COPY OF FORM 990-PF IF THE NON-PROFIT'S ACTIVITIES ARE CONDUCTED IN DELAWARE.</ExplanationTxt>
    </ExplnOfNonFilingWithAGStmt>
    <InvestmentsCorpStockSchedule documentId="InvestCorpStockSch">
      <InvestmentsCorporateStockGrp>
        <StockNm>HSN INC.</StockNm>
        <EOYBookValueAmt>742208</EOYBookValueAmt>
        <EOYFMVAmt>2817548</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <LegalFeesSchedule documentId="LegalFeesSch">
      <LegalFeesGrp>
        <CategoryTxt>LEGAL FEES</CategoryTxt>
        <LegalFeesAmt>6893</LegalFeesAmt>
        <DisbursementsCharitablePrpsAmt>510341</DisbursementsCharitablePrpsAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <OtherAssetsSchedule documentId="OtherAssetsSch">
      <OtherAssetsScheduleGrp>
        <Desc>ACCOUNTING COST</Desc>
        <BOYBookValueAmt>0</BOYBookValueAmt>
        <EOYBookValueAmt>8332</EOYBookValueAmt>
        <EOYFMVAmt>8332</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>ARCHITECT COST</Desc>
        <BOYBookValueAmt>294045</BOYBookValueAmt>
        <EOYBookValueAmt>2696048</EOYBookValueAmt>
        <EOYFMVAmt>2696048</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>CONSULTANT COST</Desc>
        <BOYBookValueAmt>234326</BOYBookValueAmt>
        <EOYBookValueAmt>1200484</EOYBookValueAmt>
        <EOYFMVAmt>1200484</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>CONSULTANT COST RECEIVABLE</Desc>
        <BOYBookValueAmt>53333</BOYBookValueAmt>
        <EOYBookValueAmt>53333</EOYBookValueAmt>
        <EOYFMVAmt>67833</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>ENGINEERING COST</Desc>
        <BOYBookValueAmt>0</BOYBookValueAmt>
        <EOYBookValueAmt>89321</EOYBookValueAmt>
        <EOYFMVAmt>89321</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>LEGAL COST</Desc>
        <BOYBookValueAmt>57351</BOYBookValueAmt>
        <EOYBookValueAmt>477862</EOYBookValueAmt>
        <EOYFMVAmt>477862</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>LEGAL COST RECEIVABLE</Desc>
        <BOYBookValueAmt>25586</BOYBookValueAmt>
        <EOYBookValueAmt>25586</EOYBookValueAmt>
        <EOYFMVAmt>25586</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>MARKET RESEARCH RECEIVABLE</Desc>
        <BOYBookValueAmt>14500</BOYBookValueAmt>
        <EOYBookValueAmt>14500</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>STAGE PRODUCTION COST</Desc>
        <BOYBookValueAmt>0</BOYBookValueAmt>
        <EOYBookValueAmt>29772</EOYBookValueAmt>
        <EOYFMVAmt>29772</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSch">
      <OtherExpensesScheduleGrp>
        <Desc>BANK FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>28</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>28</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>COMPUTER EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>9198</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>9198</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MEALS &amp; CATERING</Desc>
        <RevenueAndExpensesPerBooksAmt>14232</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>14232</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INSURANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>1472</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>1472</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>REGISTRATION FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>5674</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>5674</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>SHIPPING</Desc>
        <RevenueAndExpensesPerBooksAmt>44</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>44</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>SUPPLIES</Desc>
        <RevenueAndExpensesPerBooksAmt>778</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>778</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>TELEPHONE</Desc>
        <RevenueAndExpensesPerBooksAmt>2434</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>2434</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MISCELLANEOUS</Desc>
        <RevenueAndExpensesPerBooksAmt>4930</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>4930</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherProfessionalFeesSchedule documentId="OthProfFeesSch">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>ARCHITECTURE</CategoryTxt>
        <DisbursementsCharitablePrpsAmt>2696048</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>CONSULTING</CategoryTxt>
        <DisbursementsCharitablePrpsAmt>1268317</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>ENGINEERING</CategoryTxt>
        <DisbursementsCharitablePrpsAmt>89321</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>STAGE PRODUCTION</CategoryTxt>
        <DisbursementsCharitablePrpsAmt>29771</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="TaxesSchedule">
      <TaxesDetail>
        <CategoryTxt>FEDERAL TAXES</CategoryTxt>
        <Amt>60250</Amt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>