An information reproducing apparatus has a read device, is capable of reproducing sub picture information and is also capable of performing a highlight display of the sub picture information. In an information record medium to be reproduced by this reproducing apparatus, at least the sub picture information and reproduction control information to control a reproduction of the sub picture information are recorded on the record track such that the sub picture information and the reproduction control information are divided into a plurality of groups. Each of the groups is a predetermined unit able to be accessed by the information reproducing apparatus, and has a sub picture pack in which the sub picture information is contained and a control pack in which the reproduction control information is contained. The reproduction control information includes (i) highlight display control information prescribing at least one of the highlight display of the sub picture information and an operation control corresponding to the sub picture information and (ii) time management information indicating times to manage a start time and an end time respectively of at least one of an effective time period during which the highlight display is effective and an effective time period during which the operation control is effective.