As a result of the WIC acquisition, Liberty Media became a 19.9% share- holder in Corus, affirming our growth potential and the merit of our business plan. 

We acquired Sound Products in July 2000 to strengthen our commercial music business. The successful and growing DMX Commercial business will benefit from Sound Products’ access to customers – particularly in the Quick Service Restaurant category – and complements our strategic focus on national accounts to drive further DMX growth. 

Finally, in August we announced a 29.9% interest in the Quebec- based radio company, Metromedia, with the intent to move to 100% upon CRTC approval. The Metromedia acquisition offers Corus outstanding management talent to develop our existing Quebec radio business, six additional radio sta- tions in Montreal, Canada’s second largest radio market, and bragging rights to Canada’s largest radio station, CKOI-FM. 

