65 Specialty Television Networks YTV, a network dedicated to programming for children and youth aged 2 to 17,  is seen in approximately 8.2 million Canadian households and is one of the most watched specialty networks in Canada. Carried on the basic cable tier, YTV is also one of the most profitable networks in the country. YTV has won numerous programming, on-air promotion and marketing awards since it was launched in 1988. Treehouse TV, a network owned by YTV, was launched in November 1997, and is currently available in approximately 4.7 million homes across Canada. Carried on the extended basic cable tier, Treehouse TV is targeted to pre-school chil- dren six years of age or younger and, in light of the interests and developmental levels of its audience, does not carry advertising. It broadcasts programming from Canada and other countries from 6:00 a.m. to 3:00 a.m. (Eastern Standard Time), seven days per week. Corus holds a 90% voting interest and an 80% equity interest in a com- pany which holds the exclusive license to operate CMT in Canada. The remaining 10% voting interest and 20% equity interest is indirectly held by Country Music Television Inc., the operator of a similar service in the U.S. CMT is the only country music video network in Canada, which is the second-largest country music market in the world. CMT mixes country music with talk and Celtic and roots music, and is currently avail- able in over seven million homes via cable and DTH satellite across Canada. Corus holds a 14.95% interest in The Comedy Network, which offers Canadian and foreign comedy series, comedy sketches, and variety and human inter- est programs. Launched in October 1997, The Comedy Network has close to four million subscribers. OUR SPECIALTY TELEVISION SERVICES GENERATED OUTSTANDING EBITDA GROWTH, UP AN IMPRESSIVE 41%. LATE IN THE YEAR WE ADDED THE PREMIUM MOVIE SERVICES WHICH ARE POISED FOR STRONG GROWTH. THE FUTURE LOOKS BRIGHT AS WE PREPARE TO LAUNCH SEVERAL NEW DIGITAL TELEVISION SERVICES WHILE WE EXPLORE INTERNATIONAL OPPORTUNITIES. PAUL ROBERTSON, PRESIDENT, CORUS TELEVISION