Live Nation has already sold concert tickets to Britney Spears and Rihanna through a partnership with Lockerz. Lockerz users can use the points they earn to get discounts on additional tickets. Savitt started Lockerz in 2009 and she said that they are seeing about 46 million unique users per month that spend an average of 17 minutes on the website. Most of their users are between the ages of 13 and 35.

“The whole notion of points is to be a social loyalty currency that would reward engagement in a meaningful way. The first phase offered a limited number of prizes, and then discounts on merchandise, and now we are taking that next step to make it a true global currency, by making them redeemable all over — on Lockerz and off of Lockerz,” stated Savitt. “We have a lot coming in the next 60 to 90 days.”

Points can also be earned by uploading photos, answering polls, watching videos, listening to music, inviting friends, logging in, etc. This round of funding will go towards future acquisitions. Lockerz recently acquired photo sharing website Plixi and content sharing website AddToAny.

[AllThingsD]

Diller’s shares represent about 34% of the total votes of all IAC stock. He has the largest individual voting stake in IAC with an option to increase it to 41%. Evite and Gifts.com will be rolled into Liberty’s e-commerce portfolio.

[Fortune]

DirecTV has 18 million subscribers and the company launched in 1994. The company is currently owned by The DirecTV Group which is a division of Liberty Media.

White will be taking the CEO position on January 1 and will be replacing Chase Carey. Carey will be leaving to join News Corp. as the COO and President. Shareholders and the DirecTV management team are currently discussing whether to spin off Liberty Media’s entertainment assets into a separate company. DirecTV used to be owned by News Corporation, but Liberty Media exchanged 16.3% of their stake in News Corp. and $625 million in exchange for DirecTV and three sports networks.

The company is attempting to find new revenue streams because they are looking bad right now.  The iPhone application would be available to Sirius’ 19 million subscribers and Apple’s 7 million U.S.-iPhone users.  It would also be available to iPod Touch WiFi users.

“This is a large and interesting opportunity that will maintain our subscription-based economics while providing customers easier access to our content through means other than our traditional satellite-based platform,” stated Sirius’ CFO David Frear.

Liberty will be loaning Sirius XM $280 million with a 15% interest rate.  Sirius will have to pay back Liberty Media the money by December 2012.  Another part of the deal is a $150 million loan to XM radio for help in paying back Echostar, a satellite TV company.  Echostar had expressed interest in acquiring Sirius XM at one point as well.  Liberty also pledged to loan another $100 million to help pay for Sirius XM’s existing loans.

Once all of the loans are made, Liberty Media will get 12.5 million preferred stock shares in the satellite radio company.  Liberty will also have 40% of the seats on Sirius XM’s board of directors.

“We are pleased to have come to this agreement with Liberty Media, particularly in light of today’s challenging credit markets,” stated Sirius XM CEO Mel Karmazin. “Liberty’s investment is an important validation of what Sirius XM has already achieved and a vote of confidence in what we will achieve.  This agreement enables Sirius XM to continue to develop the opportunities first outlined in the merger of Sirius and XM. By strengthening our capital structure and enhancing our financial flexibility, this investment allows us to continue providing the great content and innovative programming our subscribers know and love.”

“Creditors will act quickly and definitively if they perceive that management is acting in their own interest and not in the best interest of the estate,” Edward Weisfelner, a partner with Brown Rudnick, the law firm representing the creditor group, told the newspaper. “The board of directors should carefully consider the ramifications.”  The company met over the weekend to determine which plan is most suitable.

Creditors would petition the court to have Sirius’ management team removed and be replaced with independent trustees.  Sirius was rumored to be seeking investment from Liberty Media.  Liberty Controls DirecTV.  If Sirius goes bankrupt, then it would be the second largest Chapter 11 this year as they have about $5 billion in assets.

Yesterday, Liberty Media Holding Corp. International bought 14 million shares of IAC/InterActiveCorp from a single holder.  And then IAC bought 6 million shares of its own stock from that same single holder.  This brings Liberty Media’s ownership of IAC to 30%.

IAC gave their Internet property, Ask.com a major marketing overhaul.  Jakob Lodwick, co-founder of Vimeo, parted ways with IAC after a disagreement with the company’s management recently.  And today I read that IAC may be close to acquiring Flixster.

Flixster is a social network centered around movies.  According to TechCrunch, either the deal is done or is “very close.”  The deal is rumored to be potentially around $150-$200 million.  One of Flixster’s primary traffic drivers is its Facebook Application.  Flixster raised around $2 million from Lightspeed Ventures and other angel investors.  The social networking company is based in San Francisco, Calif.