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Cancom’s partners
in Regional Vision are:
Capital Communications
CDPQ Inc., the communications
investment arm of the Quebec Investment and deposit Bank;
CSL Infrastructure Management Inc., owned by SNC-Lavalin and
Clientech Management Services Inc.;
and
Hougen
Communications, owned by Rolf Hougen, founder and Director of
Cancom. In addition, WIC’s 53.7% ownership in Cancom opens the
door for shared technology between WIC Connexus and Regional
Vision.
CANADA’S LARGEST
HOLDER OF LMCS LICENCES
Through Cancom and WIC Connexus,
WIC now owns
licences to operate LMCS cells in 160
communities across Canada. The licences permit delivery of
digital video channels and telecommunications services.
HIGH-SPEED INTERNET BUSINESS
NETWORKS WIC
Is a
national broadcasting
and communications
holding company which, through operating subsidiaries,
owns nine television stations, twelve radio stations and
subscription and pay-per-view services (Super channel,
MovieMax! and Viewer's Choice). WIC also has an equity
interest in The Family Channel Inc., which in turn owns an
interest in Teletoon, an animation channel. WIC also owns 29%
of Canadian Satellite Communications Inc. (Cancom). WIC shares
trade as WIC.B on the Toronto Stock Exchange.
ON THE AIR
PAGE-1
Contents
1997 in Review . . . . . . . . . .
. . . . . . . . . . . . . .. . . . 2
To Emily Griffiths . . . . . . . .
. . . . . . . . . . . . . . .. . .. 4
Letter to Shareholders . . . . . .
. . . . . . . . . . . . . ... . 5
BROADCAST
On The Air in B.C. . . . . . . . .
. . . . . . . . . . . . . . .. . 10
On The Air in Alberta,
Saskatchewan & Manitoba 12
On The Air in Ontario . . . . . .
. . . . .. . . . . . ……. . 14
On The Air in Quebec . . . . . . .
. . . . . . . . . . . .. .. 16
Conventional Television . . . . .
. . . . . . . . . . . ... . . 18
Conventional Radio . . . . . . . .
. . . . . …. . . . .. .. . 19
Subscription Services . . . . . .
. . . . . . . .. . . . . .. . . 20
WIC Entertainment . . . . . . . .
. . . . . . . . . .. . . . . . 22
WIC Entertains — WIC Informs . . .
. . . … . . . . . 23
DELIVERY Satellite . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . 28
Wireless . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . 31
WIC in the Community . . . . . . .
. . . . . . . . .. . . . .33
33Contents
The Community in WIC . . . . . . .
. . . . . . . . . . . . . 34
FINANCIAL Management’s Discussion
& Analysis . . . . . . . . 36
Management’s Responsibility . . .
. . . . . . . . . . . .
46 Auditors’ Report . . . . . . .
. . . . . . . . . . . . . .. . . . . 46
Consolidated Financial Statements
. . . . . . . .. . . 47
Notes to Consolidated Financial
Statements . . . 50
Eleven-Year Financial Summary . .
. . . . . . . . .. . 62
Directors and Officers . . . . . .
. . . . . . . . . . . . . . . 63
Investor Information . . . . . . .
. . . . . . . . . . . . . .. . 64
Corporate Information . . . . . .
. . . . . . . . . . . . . . . 65
THE ANNUAL MEETING OF SHAREHOLDERS
WILL BE HELD ON JANUARY 22, 1998 10:00 AM ROYAL YORK HOTEL,
BALLROOM TORONTO, ONTARIO ALL SHAREHOLDERS ARE ENCOURAGED TO
ATTEND. PAGE-2 |
