Exhibit 99.1

Contact:		Tad Walden
		Corporate Communications
		On Command Corporation
		(720) 873-3321
		twalden@ocv.com

		Bernard G. Dvorak
		SVP and CFO
		On Command Corporation
		(720) 873-3640
		bdvorak@ocv.com

FOR IMMEDIATE RELEASE

On Command reports results for the

third quarter of 2003

• On Command’s third quarter conference call will take place at 4:00 pm ET on November 19, 2003. To participate, please dial (800) 309-9490 in the U.S. or (706) 634-6055 internationally at least ten minutes prior to the call. The conference ID is 4046585.

• The first conference call will be Web cast live at www.oncommand.com.

• Replays are available via the Web site beginning November 19, 2003 after 5:00 pm ET and ending November 26, 2003 at 11:59 pm ET. Telephone replays will be available for the same period by dialing (800) 642-1687 in the U.S. or (706) 645-9291 internationally.

Denver, Colorado, November 19, 2003 – On Command Corporation (OTCBB: ONCO), a leading provider of in-room interactive services, business information and guest services for the lodging industry, today announced its financial results for the quarter and nine months ended September 30, 2003.

Total net revenue for the third quarter of 2003 was $61.0 million compared to $60.8 million in the third quarter of 2002. Room revenue increased by 2.5% to $59.5 million in the third quarter of 2003 compared to $58.0 million in the third quarter of 2002.

Adjusted EBITDA (defined by On Command as revenue less direct costs of revenue and other cash operating expenses, excluding depreciation and amortization and asset impairments and other charges) for the third quarter of 2003 was $15.5 million, a decrease of $2 million compared to Adjusted EBITDA in the third quarter of 2002 of $17.5 million. For the nine months ended September 30, 2003, Adjusted EBITDA was $45.3 million compared to $49.6 million in the comparable period in 2002. (Please see schedule 1 attached for a reconciliation of 2003 and 2002 Adjusted EBITDA to loss from operations.)

Loss from operations for the third quarter ended September 30, 2003 was $4.3 million compared to $2.5 million for the corresponding period of 2002.

The Company reported a net loss attributed to common stockholders of $11.1 million ($0.36 per share) for the quarter, compared to a $8.3 million ($0.27 per share) net loss for the corresponding period in 2002.

Revenue per room for the third quarter was $23.49 compared to $22.86 for the same period in 2002, the increase due primarily to an increase in revenue generated from short subjects, digital music and television-based Internet products.

Highlights for the third quarter include:

• installed the digital platform in 10,000 rooms, bringing the total number of digital rooms to 343,000 or 39.0% of the total owned room base of 879,000;

• installed the digital music product in more than 43,600 rooms and the TV Internet service to more than 6,600 rooms, bringing total digital music rooms to 293,000 and TV Internet capability to 285,000 rooms;

• reduced capital spending for the nine months ended September 30, 2003 to $35.4 million, compared to $41.4 million in the first nine months of 2002.

About On Command

On Command Corporation (www.oncommand.com) is a leading provider of in-room entertainment technology to the lodging and cruise ship industries. On Command is a majority-owned subsidiary of Liberty Satellite & Technology, Inc.

On Command entertainment services include: on-demand movies; television Internet services using high-speed broadband connectivity; television email; short form television features covering drama, comedy, news and sports; PlayStation video games; and music-on-demand services through Instant Media Network, a majority-owned subsidiary of On Command Corporation and the leading provider of digital on-demand music services to the hotel industry. All On Command products are connected to guest rooms and managed by leading edge video-on-demand navigational controls and a state-of-the art guest user interface system. The guest menu system can be customized by hotel properties to create a robust platform that services the needs of On Command hotel partners and the traveling public. On Command and its distribution network services more than 1,000,000 guest rooms, which touch more than 300 million guests annually.

On Command’s direct served hotel properties are located in the United States, Canada, Mexico, and Spain. On Command distributors serve cruise ships operating under the Royal Caribbean, Costa and Carnival flags. On Command hotel properties include more than 100 of the most prestigious hotel chains and operators in the lodging industry: Accor, Adam’s Mark Hotels & Resorts, Fairmont, Four Seasons, Hilton Hotels Corporation, Hyatt, Loews, Marriott (Courtyard, Renaissance, Fairfield Inn and Residence Inn), Radisson, Ramada, Six Continents Hotels (Inter-Continental, Crowne Plaza and Holiday Inn), Starwood Hotels & Resorts (Westin, Sheraton, W Hotels and Four Points), and Wyndham Hotels & Resorts.

###

ON COMMAND CORPORATION

(An Indirect Consolidated Subsidiary of Liberty Media Corporation)

Condensed Consolidated Balance Sheets

(unaudited)

	September 30, 2003			December 31, 2002
	(amounts in thousands)
Assets
Current assets:
Cash and cash equivalents	$	1,642		$	4,501
Accounts receivable, net	29,675			33,525
Other current assets	3,305			3,461
Total current assets	34,622			41,487

Property and equipment:
Video systems
In service	680,719			668,697
Construction in progress	28,924			37,511
	709,643			706,208
Support equipment, vehicles and leasehold improvements	26,774			26,245
	736,417			732,453
Accumulated depreciation	(483,159		)	(457,482		)
	253,258			274,971

Goodwill	65,642			65,580

Other assets, net	14,798			14,444

Total assets	$	368,320		$	396,482

	September 30, 2003			December 31, 2002
	(amounts in thousands)
Liabilities and Stockholders’ Deficit
Current liabilities:
Accounts payable	$	18,807		$	28,689
Accounts payable to parent	1,724			1,906
Accrued compensation	5,523			6,433
Sales, use and property tax liabilities	5,125			4,585
Other accrued liabilities	8,142			7,987
Common stock subject to repurchase obligation	1,876			2,333
Current portion of debt	9,704			833
Total current liabilities	50,901			52,766

Long-term debt:
Third party	218,890			261,946
Due to parent	40,000			—
	258,890			261,946

Other long-term liabilities	—			496

Total liabilities	309,791			315,208

Minority interest in consolidated subsidiary	—			259

Mandatorily redeemable preferred stock	104,612			97,848

Stockholders’ deficit:
Preferred stock, $.01 par value; shares authorized – 10,000,000; shares issued and outstanding – 98,500 at September 30, 2003 and December 31, 2002	—			—
Common stock, $.01 par value; shares authorized – 150,000,000; shares issued – 30,977,840 at September 30, 2003 and 30,973,989 at December 31, 2002	310			310
Additional paid-in-capital	294,500			299,398
Accumulated other comprehensive loss	(1,704		)	(4,533		)
Accumulated deficit	(311,092		)	(285,777		)
	(17,986		)	9,398
Common stock held in treasury, at cost (155,500 at September 30, 2003 and 119,500 at December 31, 2002)
	(1,884		)	(1,344		)
Note receivable from stockholder	(26,213		)	(24,887		)
Total stockholders’ deficit	(46,083		)	(16,833		)

Commitments and contingencies

Total liabilities and stockholders’ deficit	$	368,320		$	396,482

ON COMMAND CORPORATION

(An Indirect Consolidated Subsidiary of Liberty Media Corporation)

Condensed Consolidated Statements of Operations

(unaudited)

	Three Months Ended September 30,						Nine Months Ended September 30,
	2003			2002			2003			2002
	(amounts in thousands, except per share amounts)
Net Revenue:
Net room revenue	$	59,462		$	58,009		$	171,687		$	171,393
System and equipment sales and other	1,504			2,781			5,551			7,779
	60,966			60,790			177,238			179,172

Direct costs of net revenue:
Content fees, commissions and other in-room services	31,358			28,901			90,310			85,874
System, equipment and other costs	812			1,333			2,797			3,964
Total costs of net revenue	32,170			30,234			93,107			89,838

Direct margin (exclusive of other operating expenses shown separately below)	28,796			30,556			84,131			89,334

Other operating expenses:
Operations support	5,729			6,073			17,473			19,714
Research and development	1,071			1,143			3,071			3,178
Selling, general and administrative	6,487			5,847			18,319			16,816
Depreciation and amortization	18,297			19,276			56,724			59,277
Asset impairments and other charges	1,502			751			2,758			8,401
Total other operating expenses	33,086			33,090			98,345			107,386

Loss from operations	(4,290		)	(2,534		)	(14,214		)	(18,052		)

Interest expense	(4,518		)	(3,535		)	(11,182		)	(10,569		)
Other income (expense), net	(68		)	(69		)	251			653

Loss before income taxes	(8,876		)	(6,138		)	(25,145		)	(27,968		)

Income tax benefit (expense)	(39		)	14			(170		)	(366		)

Net loss	(8,915		)	(6,124		)	(25,315		)	(28,334		)

Dividends on mandatorily redeemable preferred stock	(2,158		)	(2,200		)	(6,764		)	(6,384		)

Net loss attributable to common stockholders	$	(11,073	)	$	(8,324	)	$	(32,079	)	(34,718		)

Basic and diluted net loss per common share	$	(0.36	)	$	(0.27	)	$	(1.04	)	$	(1.12	)

Basic and diluted weighted average number of common shares outstanding	30,853			30,925			30,856			30,908

ON COMMAND CORPORATION

(An Indirect Consolidated Subsidiary of Liberty Media Corporation)

Condensed Consolidated Statements of Cash Flows

(unaudited)

	Nine Months Ended September 30,
	2003			2002
	(amounts in thousands)

Cash flows from operating activities:
Net loss	$	(25,315	)	$	(28,334	)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	56,724			59,277
Payments of restructuring costs	(1,060		)	(829		)
Asset impairments and other changes	2,758			8,401
Other non-cash items	1,790			1,080
Changes in assets and liabilities:
Accounts receivable	4,276			1,739
Other assets	695			(701		)
Accounts payable	(10,295		)	3,062
Accrued liabilities	(558		)	3,755

Net cash provided by operating activities	29,015			47,450

Cash flows from investing activities:
Capital expenditures	(35,396		)	(41,444		)
Acquisition of minority interest	(300		)	—
Cash proceeds from dispositions, net of cash transferred	—			1,135
Cost investments	—			(2,599		)

Net cash used in investing activities	(35,696		)	(42,908		)

Cash flows from financing activities:
Borrowings of debt	49,000			7,000
Repayments of debt	(43,185		)	(12,666		)
Payment of deferred financing costs	(2,160		)	—
Proceeds from issuance of common and preferred stock	—			85

Net cash provided (used) by financing activities	3,655			(5,581		)

Effect of exchange rate changes on cash	167			(17		)

Net increase (decrease) in cash and cash equivalents	(2,859		)	(1,056		)

Cash and cash equivalents, beginning of period	4,501			2,869

Cash and cash equivalents, end of period	$	1,642		$	1,813

Schedule 1

Reconciliation of Adjusted EBITDA to Loss From Operations:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2003			2002			2003			2002
	(in thousands)			(in thousands)			(in thousands)			(in thousands)

Adjusted EBITDA(1)	15,509			17,493			45,268			49,626
Depreciation and amortization	(18,297		)	(19,276		)	(56,724		)	(59,277		)
Asset impairments and other charges	(1,502		)	(751		)	(2,758		)	(8,401		)

Loss from Operations	$	(4,290	)	$	(2,534	)	$	(14,214	)	$	(18,052	)

(1) Adjusted EBITDA is defined by the Company as revenue less direct costs of revenue and other cash operating expenses, excluding depreciation and amortization and asset impairments and other charges.

A Note on Adjusted EBITDA

The most significant difference between “Adjusted EBITDA”, as defined by the Company, and loss from operations, as determined in accordance with generally accepted accounting principles, is that depreciation and amortization expense are not included in the calculation of Adjusted EBITDA. “GAAP” requires depreciation and amortization to be shown as an expense in calculating loss from operations because capital spending is not fully expensed in the period incurred. Rather, the cost of a capital expenditure is spread out over the assumed useful life of the property acquired, under the heading depreciation and amortization, so that the expense can be matched to the revenue anticipated to be generated by that expense. Thus, excluding depreciation and amortization from a measurement of operating performance will fail to reflect the true cost of operations over time. Similarly, asset impairment charges reflect non-temporary declines in the value of investments, the original cost of which was not expensed in the period incurred.

However, because depreciation, amortization and impairments and other charges reflect primarily the effects of past capital expenditures, On Command’s management believes that Adjusted EBITDA when considered together with measures prepared in accordance with generally accepted accounting principles can be very useful to investors and analysts as a measurement of the Company’s current operating performance, particularly when assessed in conjunction with information regarding current capital spending and other investing activities and trends, as reported above. On Command’s management regularly uses Adjusted EBITDA as a measurement to assess the performance of operating units and individuals and to assist in strategic planning and the allocation of resources.

Because Adjusted EBITDA does not reflect changes in working capital or other cash requirements of the Company, it is not intended to represent cash flows for the period, or to reflect funds available for interest, dividends, reinvestment or other discretionary uses. Adjusted EBITDA has not been presented as an alternative to loss from operations, and should not be considered in isolation or as a substitute for measures of performance

prepared in accordance with generally accepted accounting principles in the United States of America. The Company’s definition of Adjusted EBITDA may differ from similar measurements provided by other public companies.

	Q3 2003			Q2 2003			Q1 2003			Q4 2002			Q3 2002
Room Base Statistics

Total Hotels	3,352			3,364			3,356			3,380			3,383
Total Guest Pay Rooms	879,000			885,000			884,000			891,000			900,000

On-demand Rooms	867,000			873,000			869,000			874,000			880,000
% of total rooms	98.6		%	98.6		%	98.3		%	98.1		%	97.8		%
Scheduled Rooms (all SpectraVision)	12,000			12,000			15,000			17,000			20,000
% of total rooms	1.4		%	1.4		%	1.7		%	1.9		%	2.2		%

Domestic Rooms	779,000			786,000			785,000			792,000			801,000
% of total rooms	88.6		%	88.8		%	88.8		%	88.9		%	89.0		%
International Rooms	100,000			99,000			99,000			99,000			99,000
% of total rooms	11.4		%	11.2		%	11.2		%	11.1		%	11.0		%

Total Digital Rooms	343,000			333,000			312,000			291,000			275,000

Total Guest Programming Rooms	508,000			515,000			519,000			517,000			519,000

Operating Results & Statistics (in thousands)

Net Room Revenue	$	59,462		$	57,471		$	54,754		$	55,228		$	58,009
Other Revenue	$	1,504		$	2,081		$	1,966		$	3,997		$	2,781
Total Revenue	$	60,966		$	59,552		$	56,720		$	59,225		$	60,790
Direct Costs of Revenue	$	32,170		$	32,689		$	28,248		$	31,222		$	30,234
Direct Margin	$	28,796		$	26,863		$	28,472		$	28,003		$	30,556
Operations Support Expense	$	5,729		$	5,682		$	6,062		$	6,370		$	6,073
Research & Development Expense	$	1,071		$	917		$	1,083		$	886		$	1,143
SG&A Expense	$	6,487		$	6,256		$	5,576		$	4,736		$	5,847
Total Operating Expenses	$	13,287		$	12,855		$	12,721		$	11,992		$	13,063
Adjusted EBITDA	$	15,509		$	14,008		$	15,751		$	16,011		$	17,493
Loss from Operations	$	(4,290	)	$	(6,387	)	$	(3,537	)	$	(4,612	)	$	(2,534	)

As a % of Total Revenue:
Direct Margin	47.2		%	45.1		%	50.2		%	47.3		%	50.3		%
Operations	9.4		%	9.5		%	10.7		%	10.8		%	10.0		%
Research & Development	1.8		%	1.5		%	1.9		%	1.5		%	1.9		%
SG&A	10.6		%	10.5		%	9.8		%	8.0		%	9.2		%
Adjusted EBITDA	25.4		%	23.5		%	27.8		%	27.0		%	29.2		%
Loss from Operations	-7.0		%	-10.7		%	-6.2		%	-7.8		%	-3.8		%

Per Room per Month:
Total Room Revenue	$	23.49		$	22.77		$	21.89		$	21.97		$	22.86
Total Movie Revenue	$	19.19		$	18.75		$	18.18		$	18.38		$	19.21
Direct Profit	$	10.87		$	10.12		$	10.70		$	10.44		$	11.26
Operations Expense	$	2.16		$	2.14		$	2.28		$	2.38		$	2.24
Adjusted EBITDA	$	5.86		$	5.28		$	5.92		$	5.97		$	6.54
Loss from Operations	$	(1.62	)	$	(2.41	)	$	(1.33	)	$	(1.72	)	$	(0.85	)

Delaware
(State or Other Jurisdiction of Incorporation)

00-21315		77-0435194
(Commission File Number)		(I.R.S. Employer Identification No.)

4610 South Ulster Street, 6^th Floor Denver, CO 80237
(Address of principal executive offices, including zip code)

Registrant’s telephone number, including area code: (720) 873-3200


(Former name or former address, if changed from last report)

Item 7.		Financial Statements and Exhibits

(c)		Exhibits

99.1		Press release dated November 19, 2003 of On Command Corporation, (the “Company”) announcing its operating and financial results for the third quarter ended September 30, 2003.

Item 12.		Results of Operations and Financial Condition

		On November 19, 2003, the Company issued a press release announcing its operating and financial results for the third quarter ended September 30, 2003. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein in its entirety by reference.

	ON COMMAND CORPORATION


	By:	/s/ Bernard G. Dvorak
	Bernard G. Dvorak
	Senior Vice President, Chief Financial Officer and Treasurer
	(Principal Accounting and Financial Officer)

Exhibit.		Description

99.1		Press release dated November 19, 2003 of On Command Corporation, (the “Company”) announcing its operating and financial results for the third quarter ended September 30, 2003.

SVP and CFO