Nick Ghosn

“Before I begin, I want to clarify the presentation of our financial results. Following the closure of our Canadian television broadcasting business and the sale of our 41% interest in Peanuts holdings, the historical results of those businesses are presented as discontinued operations.”

“As a reminder, under IFRS, following the closure of our Canadian television broadcasting business and the sale of our interest in peanuts, both businesses are reported as discontinued operations.”

“Before we get into results just a quick note on presentation under ifrs following the closure of our canadian television broadcasting business and the announced sale of our interest in peanuts both businesses are now reported as discontinued operations included in the results related to our 41 ownership in peanuts are…”