Hearst, Corus to Bring Cosmopolitan Television to Canada

NEW YORK/TORONTO, August 16: Hearst Corporation and Corus
Entertainment have formed a joint venture to bring Cosmopolitan Television, a
24-hour digital channel targeted to women aged 18-34, to Canada.

Inspired by Hearst Corporation’s best-selling magazine Cosmopolitan,
Cosmopolitan TV Canada will launch in early
2008 as a national, English-language digital specialty service. Cosmopolitan TV
Canada will air a mix of entertainment and lifestyle programming, ranging from
comedy and drama series to relationship and self-help reality programming to
blockbuster movies.

The new channel joins Cosmopolitan Television networks in
Spain and throughout Latin America. Cosmopolitan Television was first launched
in Spain in March 2000 and now exists in more than 20 countries, including
Mexico and Argentina. The print magazine currently has 58 international
editions published in 34 languages and distributed in more than 100 countries.

“We believe that the channel's
unique brand of entertainment and information programming, customized for the
particular country, resonates with young women everywhere," said Bruce
Paisner, the executive VP of Hearst Entertainment and Syndication, a unit of
Hearst Corporation. "Corus is the right partner to help us launch
Cosmopolitan TV, which we're confident will be well-received by women across
Canada."