66 Pay Television DMX Residential Through YTV, Corus holds a 20% direct interest in TELETOON Canada Inc. (“Teletoon”). In Quebec, approximately 1.7 million households – close to 80% of basic cable subscribers – are TELETOON subscribers. In the rest of Canada, over 4.1 million households subscribe to TELETOON, comprising nearly 60% of basic cable subscribers. Corus holds a 20% interest in Telelatino Network Inc. (“Telelatino”), which offers programming in Italian, Spanish, English and French. It offers daily satellite news reports from Italy and Latin America, and international sports, music, soap operas, variety shows and feature films. Telelatino currently reaches approxi- mately 3.3 million households across Canada. Corus holds 10% of the voting shares and 46.6% of the non-voting shares – a 19.9% overall ownership interest – in The Food Network Canada,  a Canadian version of the US Food Network. Corus now owns Superchannel Ltd. and MovieMax! Ltd., the exclusive licensed providers of pay-television movie services in Western Canada. Corus also owns Corus  VC Ltd., the pay-per-view service in Western Canada which operates under the name Viewer’s Choice, and a 50% equity interest in The Family Channel Inc. (currently held in trust as per CRTC instruction). DMX Residential is a 30-channel audio package, initially offered as part of Shaw’s  digital offering, and now carried by several Broadcast Distribution Undertakings (“BDUs”). In February 2000, DMX entered into a joint marketing agreement with the CBC to offer a 40-channel service to BDUs under the brand name DMX Galaxie. DIVERSIFIED MEDIA APTLY DESCRIBES A GROUP OF COMPANIES AND TALENTED INDIVIDUALS WORKING LOCALLY AND NATIONALLY TO PROVIDE CLIENTS WITH TRULY INNOVATIVE PRODUCTS AND SERVICES DESIGNED TO IMPROVE OUR CUSTOMERS’ BUSINESSES. FROM MUSIC SERVICES AND AUDIO PRODUCTS TO COMMERCIAL PRODUCTION AND AIRTIME, OUR COMPANIES DELIVER RESULTS. BRYAN ELLIS, GROUP VICE PRESIDENT