ARCHIVED - Decision CRTC 2001-280

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Decision CRTC 2001-280

Ottawa, 17 May 2001

Ms. Sophie Émond
Vice-President, Regulatory and Government Affairs
Astral Media inc.
2100, rue Sainte-Catherine Ouest
Montréal, Québec
H3H 2T3

Dear Ms Émond:

Re: Application No. 200104646 - Approved
Transfer of control and 50% shares of The Family Channel Inc.

The Commission approves the above-noted application for authority to effect a change in the effective control of The Family Channel Inc. The change in effective control of The Family Channel Inc. will be effected through the transfer of 100% of the issued and outstanding shares of Corus Premium Corporation to Astral Media Inc. The Commission notes that following this approval, Astral Media Inc. will increase its indirect ownership interest in Teletoon Canada Inc. to 40%.

The Commission will modify its ownership records to reflect the authorized ownership of The Family Channel Inc as shown in the attached appendix.

All letters of approval issued by the Commission are made available for public examination at the Commission's central office. The Commission also requires you to append this letter to your licence.

Yours sincerely,

Ursula Menke
Secretary General

Att.

Appendix

The Family Channel Inc.

Shareholder

Type

# held

% of vote

Corus Premium Corporation

Common

500

50%

Astral Television Networks Inc.

Common

500

50%

Corus Premium Corporation

Shareholder

Type

# held

% of vote

Astral Media Inc.

Preferred

1000

100%

Date Modified: 2001-05-17

Date modified: