Our Performance. Acquisitions weren’t the only events worth celebrating in fiscal 2000, as our core businesses continued to perform extraordinarily well. We continue to experience considerable momentum in sales and earnings in our specialty television business, with margin performance and growth among the best in the industry. YTV ratings and revenue surged with strong programming, an outstanding customer orientation throughout the entire organization, and its compelling new positioning, “Keep It Weird.” Continuing our commit- ment to growth, Corus participated in a hearing to license new specialty television channels, and we anticipate launching several new digital chan- nels in the next 12 months. As the Number One radio company in Canada, we maintained strong margins while preparing to reap the benefits of our massive consoli- dation efforts. We were gratified to see the WIC radio properties substantially improve profitability over the last year, despite ownership and regulatory uncertainty. We are confident the strength of our market clusters will result in continued future growth. 10