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theScore, Inc. Announces Closing of $16M Private Placement Financing

- Company to accelerate the development and marketing of its mobile sports apps

 

TORONTO, May 6, 2013 – theScore, Inc. (TSX Venture: SCR) (“theScore” or the “Company”) today confirmed the closing of its $16 million private placement financing, allowing the company to accelerate the development and marketing of its mobile sports apps.

theScore’s mobile sports platforms have achieved significant growth since September 2009, growing from 600,000 monthly users to more than 4.2 million in January 2013. Available across all major mobile platforms, its flagship applications offer real-time sports news, scores, fantasy information and alerts, alongside compelling and relevant content.

John Levy, Chairman and CEO of theScore, Inc. said: “This financing allows us to ramp-up the development of some exciting new features for our mobile sports platforms, providing sports fans with an even more immersive experience while accelerating user growth across the United States.”

The financing is a non-brokered private placement of 100,000,000 Class A Subordinate Voting Shares (Class A Shares) at a price of $0.16, raising gross proceeds of $16,000,000. Relay Ventures, a venture capital fund based in Toronto and Silicon Valley and focused exclusively on the mobile sector, lead the private placement purchasing 35,937,500 Class A Shares, representing approximately 18.4% of the outstanding Class A Shares. Existing shareholders, including Levfam Holdings Ltd. and Rogers Media Inc., also participated in the financing.

In conjunction with this investment, a nomination rights agreement and pre-emptive rights agreement have been executed which provides Relay Ventures the right to nominate one director (representing the holders of Class A Shares) to the Company’s board of directors and the right to maintain a pro-rata share position in future equity offerings. In accordance with the nomination rights agreement, Relay Ventures’ Co-Founder and Managing Partner John Albright was appointed to the Company’s board of directors. Mr. Albright is replacing Ken Read, whose resignation was accepted by the Board.

Mr. Levy added: “We’re delighted to welcome John to theScore’s Board of Directors. His experience in the mobile sector will be invaluable. I also want to thank Ken for more than a decade of dedicated service and wish him the very best for the future.”

There are no bonuses, finder’s fees, commissions or other compensation to be paid in connection with the private placement. The Class A Shares issued upon completion of the private placement will be subject to a hold period under applicable securities laws, expiring September 4, 2013.

Canaccord Genuity Corp. provided theScore with strategic financial advice in connection with the private placement.

For more information:

James Bigg

Manager, Communications

theScore, Inc.

Tel: 416.479.8812

Cell: 647.638.9281

Email: james.bigg@thescore.com

 

Tom Hearne

Chief Financial Officer

theScore, Inc.

Tel: 416-560-0528

Email: tom.hearne@thescore.com

 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

No securities regulatory authority has either approved or disapproved the contents of this news release. The securities being offered have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws, and may not be offered or sold in the United States, or to, or for the account or benefit of, a “U.S. person” (as defined in Regulation S of the U.S. Securities Act) unless pursuant to an exemption therefrom. This press release is for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities of the Company in any jurisdiction.

 

About theScore Inc.

theScore’s mission is to provide a full digital service to sports fans, delivering a personalized user experience across all major mobile platforms through our mobile apps and website. Users are provided with a comprehensive, customizable service that dispenses real-time sports news, scores, fantasy information and alerts, alongside compelling, relevant content that allows for seamless social sharing by users. theScore also enables advertisers to engage with users across theScore’s mobile and web platforms and offers them a combination of reach, relevance, and customizable advertising and sponsorship products

Forward-looking (safe harbour) statement

Statements made in this news release that relate to future plans, events or performances are forward-looking statements.  Any statement containing words such as “may”, “would”, “could”, “will”,  “believes”, “plans”, “anticipates”, “estimates”, “expects” or “intends” and other similar statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Such statements reflect theScore’s current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward looking statements, including among other things, those which are discussed under the heading “Risk Factors” in the Company’s Listing Application as filed with the TSX Venture Exchange and available on SEDAR at www.sedar.com and elsewhere in documents that theScore files from time to time with securities regulatory authorities. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results could differ materially from the expectations expressed in these forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements except as required by applicable law or regulatory requirements. 

theScore, Inc. Announces $16M Private Placement Financing

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TORONTO, April 23, 2013 – theScore, Inc. (TSX Venture: SCR) (“theScore” or the “Company”) today announced it has entered into subscription agreements in connection with a $16 million non-brokered private placement of 100,000,000 Class A Subordinate Voting Shares at a price of $0.16. The financing round will allow the Company to accelerate the development and marketing of its mobile sports platforms while further expanding its advertising sales and marketing capabilities in the United States.

Relay Ventures, a venture capital fund based in Toronto and Silicon Valley and focused exclusively on the mobile space, is leading the private placement. Existing shareholders, including Levfam Holdings Ltd. and Rogers Media Inc., also participated in the financing.

theScore’s mobile sports platforms have achieved significant growth since September 2009, growing from 600,000 monthly users to more than 4.2 million in January 2013. Available across all major mobile platforms, its flagship applications offer real-time sports news, scores, fantasy information and alerts, alongside compelling and relevant content.

John Levy, Chairman and CEO of theScore, Inc. said: “This gives theScore significant financial resources to accelerate the growth and development of our great mobile sports platforms. It also affords us an increased runway to turbocharge the momentum we’ve been building, strengthen our sales and marketing teams and further capitalize on the industry-wide explosion in mobile ad spending.”

Following the closing of the private placement, Relay Ventures’ Co-Founder and Managing Partner John Albright will join theScore’s Board of Directors.

Mr. Albright said: “More than four million sports fans around the world are using theScore’s mobile platforms to dynamically connect with their favourite sports, leagues, teams and players. It’s created by a company that is led by serial entrepreneurs who have a successful track record and are now primed to capitalize further on the explosion in mobile ad spending. We are thrilled to invest in them.”

There are no bonuses, finder’s fees, commissions or other compensation to be paid in connection with the private placement. The Class A Shares issued upon completion of the private placement will be subject to a hold period under applicable securities laws. The private placement is expected to close on or about May 3, 2013. The closing is subject to certain customary closing conditions and remains subject to the approval of the TSX Venture Exchange.

Canaccord Genuity Corp. provided theScore with strategic financial advice in connection with the private placement.

 

For more information:

James Bigg

Manager, Communications

theScore, Inc.

Tel: 416.479.8812

Cell: 647.638.9281

Email: james.bigg@thescore.com

 

Tom Hearne

Chief Financial Officer

theScore, Inc.

Tel: 416-560-0528

Email: tom.hearne@thescore.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

No securities regulatory authority has either approved or disapproved the contents of this news release. The securities being offered have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws, and may not be offered or sold in the United States, or to, or for the account or benefit of, a “U.S. person” (as defined in Regulation S of the U.S. Securities Act) unless pursuant to an exemption therefrom. This press release is for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities of the Company in any jurisdiction.

About theScore Inc.

theScore’s mission is to provide a full digital service to sports fans, delivering a personalized user experience across all major mobile platforms through our mobile apps and website. Users are provided with a comprehensive, customizable service that dispenses real-time sports news, scores, fantasy information and alerts, alongside compelling, relevant content that allows for seamless social sharing by users. theScore also enables advertisers to engage with users across theScore’s mobile and web platforms and offers them a combination of reach, relevance, and customizable advertising and sponsorship products.

Forward-looking (safe harbour) statement

Statements made in this news release that relate to future plans, events or performances are forward-looking statements, including statements related to the use of proceeds from the private placement, the acceleration of growth and development of mobile sports platforms, strengthening sales and marketing teams and capitalizing on opportunities and the timing of closing of the private placement. Any statement containing words such as “may”, “would”, “could”, “will”,  “believes”, “plans”, “anticipates”, “estimates”, “expects” or “intends” and other similar statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Such statements reflect theScore’s current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward looking statements, including among other things, those which are discussed under the heading “Risk Factors” in the Company’s Listing Application as filed with the TSX Venture Exchange and available on SEDAR at www.sedar.com and elsewhere in documents that theScore files from time to time with securities regulatory authorities. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results could differ materially from the expectations expressed in these forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements except as required by applicable law or regulatory requirements.

theScore, Inc. Reports Fiscal 2013 Second Quarter Financial Results

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TORONTO, April 23 2013 – theScore, Inc. (TSX Venture: SCR) (“theScore”) today announced the financial results for the three and six months ended February 28, 2013 in accordance with International Financial Reporting Standards (“IFRS”).

FISCAL 2013 Q2 OPERATIONAL HIGHLIGHTS

  • In January, theScore’s mobile platforms achieved a record 4.2 million monthly active users.
  • Average monthly active users of theScore’s mobile platforms exceeded 3.9 million in Q2 F2013, while average monthly active users for its flagship application for iPhone grew by 63% over the comparable period in F2012.
  • In January, theScore re-launched its popular app for Android; the app was based on the design of theScore’s critically acclaimed iPhone and iPad apps and included a completely re-designed interface with an emphasis on fantasy sports, to give users the ultimate mobile sports experience.
  • In February, theScore announced the re-design of its BlackBerry® app for the BlackBerry® 10 platform. It was built using BlackBerry® 10 development best practices and design patterns, giving it the clean look and the brand consistency of other mobile applications by theScore.

“We find ourselves at the start of an exciting new chapter in the history of theScore,” said John Levy, Chairman and CEO, theScore, Inc. “We’ve just celebrated record mobile monthly active user numbers and also moved to a fantastic new office space, which perfectly fits our unique, creative and innovative company culture. theScore is now perfectly positioned to further capitalize on the industry-wide explosion in mobile advertising spending.”

FISCAL 2013 Q2 FINANCIAL RESULTS

Revenue for the three months ended February 28, 2013 was $1.1 million compared to $700k in the same period the previous year, an increase of 57%. Revenue for the six months ended February 28, 2013 was $2.6 million compared to $1.7 million for the same period the previous year, an increase of 53%.

EBITDA loss for the three months ended February 28, 2013 was $2.6 million compared to $1.1 million in the same period the previous year, and $4.7 million for the six months ended February 28, 2013 compared to $2.6 million for the same period the previous year. This difference was primarily as a result of an increased investment in personnel related to the development of theScore’s mobile apps as well as the impact of the Ontario Interactive Digital Media Tax Credit, which reduced EBITDA loss by $1.0 million and $1.5 million for the same three and six month period last year.

For more information:

James Bigg

Manager, Communications

theScore, Inc.

Tel: 416.479.8812 ext. 2366

Email: james.bigg@thescore.com

 

Tom Hearne

Chief Financial Officer

theScore, Inc.

Tel: 416.560.0528

Email: tom.hearne@thescore.com

 

About theScore Inc.

theScore’s mission is to provide a full digital service to sports fans, delivering a personalized user experience across all major mobile platforms through our mobile apps and website. Users are provided with a comprehensive, customizable service that dispenses real-time sports news, scores, fantasy information and alerts, alongside compelling, relevant content that allows for seamless social sharing by users. theScore also enables advertisers to engage with users across theScore’s mobile and web platforms and offers them a combination of reach, relevance, and customizable advertising and sponsorship products.

Forward-looking (safe harbour) statement

Statements made in this news release that relate to future plans, events or performances are forward-looking statements.  Any statement containing words such as “may”, “would”, “could”, “will”,  “believes”, “plans”, “anticipates”, “estimates”, “expects” or “intends” and other similar statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Such statements reflect theScore’s current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward looking statements, including among other things, those which are discussed under the heading “Risk Factors” in the Company’s Listing Application as filed with the TSX Venture Exchange and available on SEDAR at www.sedar.com and elsewhere in documents that theScore files from time to time with securities regulatory authorities. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results could differ materially from the expectations expressed in these forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements except as required by applicable law or regulatory requirements.

Follow NCAA Basketball with theScore

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- Leading free mobile sports app launches great new features for March tournament

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TORONTO – March 4th, 2013: Sports fans wont have to miss a dunk when the biggest college basketball tournament in the world gets underway this month, with leading free sports app theScore offering a host of great new features for iOS and Android devices.

The NCAA Men’s Division One Basketball Tournament begins on March 19th, with 68 teams battling it out in the epic single-elimination contest. And theScore will be tracking every second of action all the way to the championship final.

These latest updates complement theScore’s existing NCAA basketball offering, which includes coverage from games taking place now in the Big East, Big 10 and ACC and other major conferences. The new features, which go live in time for the tournament, include:

  • Bracket view, allowing fans to track their favourite teams’ routes to the final.
  • Upset Tracker alerts, notifying fans in real time when an upset is on the cards.
  • All Games alerts, meaning fans wont miss a single scoreline from the tournament.
  • Option to follow specific teams and set-up alerts to track scores, news and stats.

Jonathan Savage, VP of Products at theScore, Inc., said: “For us, the main NCAA action begins now. March is the biggest month for college basketball and theScore already has you covered with wall-to-wall NCAAB conference action right up to the main event. These new features will turbocharge our existing offering and make our app the ultimate destination for basketball fans.”

theScore is one of the most popular free sports apps in the world and used by more than three million people each month. It is available on Android, iPhone, BlackBerry, Windows Phone, iPad and iPad mini.

Stay connected to theScore!

For more information:

James Bigg
Manager, Communications
theScore, Inc.
Tel: 416-977-6787 ext. 2366
Email: james.bigg@thescore.com

 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

About theScore Inc.
theScore, Inc. creates, aggregates and distributes sports content via established and emergent digital media assets, including mobile sports applications and its website, theScore.com. theScore’s mission is to create the ultimate digital service for sports fans across web and mobile platforms.

Forward-looking (safe harbour) statement
Statements made in this news release that relate to future plans, events or performances are forward-looking statements.  Any statement containing words such as “may”, “would”, “could”, “will”,  “believes”, “plans”, “anticipates”, “estimates”, “expects” or “intends” and other similar statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Such statements reflect theScore’s current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward looking statements, including among other things, those which are discussed under the heading “Risk Factors” in the Company’s Listing Application as filed with the TSX Venture Exchange and available on SEDAR at www.sedar.com and elsewhere in documents that theScore files from time to time with securities regulatory authorities. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results could differ materially from the expectations expressed in these forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements except as required by applicable law or regulatory requirements.

 

theScore – the highest rated sports app on BlackBerry – now available on BlackBerry 10

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TORONTO, February 5, 2013 – theScore, Inc. (TSX Venture: SCR) today announced the launch of its flagship BlackBerry® app, which has been completely re-engineered and redesigned for specifically for the BlackBerry 10® platform.

theScore for BlackBerry® 10 has the clean look and brand consistency that users of theScore’s applications have come to expect, built using BlackBerry® 10 development best practices and design patterns. This new experience will keep you in the action like never before. Key features include:

  • Up-to-the-second box scores, player stats, league leaders, betting odds, game previews, recaps, top stories, schedules and league standings.
  • Live coverage of Football (NFL), Basketball (NBA, NCAA Mens), Hockey (NHL), and Soccer (English Premier League, UEFA Champions League), with live coverage of theScore’s full slate of additional professional and collegiate leagues coming soon.
  • Enhanced “My Score” functionality to enable users to customize the app to their needs – follow any team, or player throughout the season to view their performances as they happen, and use Player Grouping to follow your fantasy teams’ players in real-time.
  • New “Player Card Profiles”, allowing users to do in-depth research with player photos, recent performances, season stats, bios and fantasy news via RotoWire.

“theScore worked closely with BlackBerry to ensure the app took advantage of all the great new features available on BB10,” said Jonathan Savage, VP, Products at theScore Inc. “The Best in Class UI and clean  look and feel are something we’re particularly proud of.”

“theScore app for BlackBerry 10 offers an exciting digital sports experience, bringing fans relevant and up-to-the-minute information on their favorite teams and players,” said Martyn Mallick, Vice President Global Alliances and Business Development at BlackBerry.

theScore is one of the most popular free sports apps in the world and is used by more than three million people each month.  Also available on iPhone, iPad, Android, & Windows Phone, theScore app for BlackBerry 10 can be downloaded for free from the  BlackBerry World™ storefront.

BlackBerry and related trademarks, names and logos are the property of Research In Motion Limited. BlackBerry is not responsible for any third-party products or services.

For more information:

Benjie Levy

EVP and Chief Operating Officer

theScore Inc.

benjie.levy@theScore.com

 

theScore, Inc. Reports Fiscal 2013 First Quarter Financial Results

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TORONTO, January 29, 2013 – theScore, Inc. (TSX Venture: SCR) (“theScore” or the “Company”) today announced the financial results for the three months ended November 30, 2012 in accordance with International Financial Reporting Standards (“IFRS”).

FISCAL 2013 Q1 OPERATIONAL HIGHLIGHTS

  • In November 2012, theScore re-launched its popular app for iPad and iPad mini; the app is based on the design of theScore’s critically acclaimed iPhone app, has been optimized for iOS 6 and offers users a fluid tablet experience including MyScore customization, fantasy tracking features and seamless social sharing
  • Average monthly active users on theScore’s mobile platforms exceeded 3.75 million in Q1 F2013, with its flagship application for iPhone growing 73% over the comparable period in F2012
  • theScore was ranked as a Top 10 Sports App in Nielsen’s State of the Media: 2012 Year in Sports report, alongside apps from ESPN, Yahoo, MLB and the NBA.[1]
  • Closed plan of arrangement on October 19, 2012, pursuant to which Rogers Media Inc. acquired the television business of Score Media Inc., and the digital media business of Score Media was spun out to its shareholders

“We are off to a great start at theScore,” said John Levy, Chairman and CEO, theScore, Inc. “We are very pleased with our users’ response to our new iPad app.  Our entire team is energized and focused on executing our product roadmap and delivering our users a unique, mobile-first sports experience.”

 FISCAL 2013 Q1 FINANCIAL RESULTS

Revenue for the three months ended November 30, 2012 was $1.5 million compared to $1.0 million in the same period of the previous year, an increase of 50%.

EBITDA loss for the three months ended November 30, 2012 was $2.1 million compared to $1.5 million in the same period in the previous year, primarily as a result of the increased investment in personnel, and associated facilities and infrastructure costs, related to the development of theScore’s mobile sports platform.

 

[1] Source:  Nielsen State of the Media: 2012 Year in Sports.  Top 10 Sports Apps for 2012 by average monthly time spent per user.  January 22, 2013.

 

For more information, contact:

Tom Hearne
Chief Financial Officer
theScore, Inc.
416-977-6787 x2206
tom.hearne@thescore.com


 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

About theScore, Inc.

theScore, Inc. creates, aggregates and distributes sports content via established and emergent digital media assets, including mobile sports applications and its website, theScore.com. theScore’s mission is to create the ultimate digital service for sports fans across web and mobile platforms.

 

Forward-looking (safe harbour) statement

Statements made in this news release that relate to future plans, events or performances are forward-looking statements.  Any statement containing words such as ”may”, “would”, “could”, “will”,  “believes”, “plans”, “anticipates”, “estimates”, “expects” or “intends” and other similar statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Such statements reflect theScore’s current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward looking statements, including among other things, those which are discussed under the heading “Risk Factors” in the Company’s Listing Application as filed with the TSX Venture Exchange and available on SEDAR at www.sedar.com and elsewhere in documents that theScore files from time to time with securities regulatory authorities. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results could differ materially from the expectations expressed in these forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements except as required by applicable law or regulatory requirements.

 

Leading free sports app, theScore, re-launched for Android

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Share this news: http://thesco.re/Wc1re0

TORONTO, January 29, 2013 – theScore Inc. today announced the re-launch of its flagship mobile product, theScore, for Android devices. Sports fans and fantasy league managers on Android devices will now be able to enjoy a visually richer and more user-friendly experience.

Based on the design of its critically acclaimed iPhone and iPad apps, theScore for Android is completely free to download and has an all-new look and feel including:
• Completely re-designed interface with an emphasis on fantasy sports, to give you the ultimate mobile sports experience
• Enriched content: Over 15,000 players, 600 teams and 19 leagues and associations represented, with more leagues to be added in future releases
• My Score: A rich personalized view to help you track scores and your favorite teams and players in real-time

· Create a customized scoreboard to track any team or player from any league
· Organize and follow fantasy teams and players in real-time
· Deep dive into player card profiles, which offer season stats, photos and the latest fantasy news from RotoWire
· View favorite teams on one page for quick access to upcoming games, injuries, rosters and team news

• One-tap social sharing: Tweet or share on Facebook the latest team news, or a high-quality screenshot from any section of the app
• theScore ticker widget: once you set your favorite team you can conveniently see the scores of your favorite teams on your home screen

“Our large and loyal Android user base has been eagerly anticipating this update to our Android offering and we feel we’ve really delivered”, said Jonathan Savage, VP of Products at theScore Inc. “A sleek user interface based on Android Design Patterns and best practices, along with all the great features our users across platforms have come to expect.”

theScore is one of the most popular free sports apps in the world and is used by more than three million people each month. Also available on iPhone, BlackBerry, Windows Phone, iPad and iPad mini, theScore for Android can be downloaded for free from Google Play.

Stay connected to theScore!

 

 

For more information:

Benjie Levy
EVP and Chief Operating Officer
theScore Inc.
benjie.levy@theScore.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

About theScore Inc.
theScore, Inc. creates, aggregates and distributes sports content via established and emergent digital media assets, including mobile sports applications and its website, theScore.com. theScore’s mission is to create the ultimate digital service for sports fans across web and mobile platforms.

Forward-looking (safe harbour) statement
Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as “may”, “would”, “could”, “will”, “believes”, “plans”, “anticipates”, “estimates”, “expects” or “intends” and other similar statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Such statements reflect theScore’s current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward looking statements, including among other things, those which are discussed under the heading “Risk Factors” in the Company’s Listing Application as filed with the TSX Venture Exchange and available on SEDAR at www.sedar.com and elsewhere in documents that theScore files from time to time with securities regulatory authorities. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results could differ materially from the expectations expressed in these forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements except as required by applicable law or regulatory requirements.

Score Media Inc. completes plan of arrangement

Toronto, October 19, 2012 – Score Media Inc. (TSX: SCR) (“Score Media”) is pleased to announce that it has completed its previously announced plan of arrangement (the “Arrangement”) pursuant to which (i) Rogers Media Inc. has acquired the television business of Score Media via an acquisition of all of the outstanding shares of Score Media; and (ii) the digital media business of Score Media has been spun-out to Score Media’s shareholders as a new corporation named theScore, Inc. (“Score Digital”).

Under the plan of arrangement, shareholders of Score Media will receive, for each share of Score Media that they hold: (i) $1.62 in cash; (ii) in respect of each Class A Subordinate Voting Share of Score Media held, one Class A Subordinate Voting Share of Score Digital; and (iii) in respect of each Special Voting Share of Score Media held, one Special Voting Share of Score Digital.

Score Media shareholders who hold their shares through a broker or other financial intermediary will receive payment of the consideration for their shares through the broker or other financial intermediary, following the deposit by the broker or financial intermediary of share certificates with Valiant Trust Company, the depositary for the plan of arrangement. Shareholders who hold their shares in registered form will receive payment of the consideration following the deposit of their Score Media share certificates with the depositary in accordance with the instructions contained in the letter of transmittal previously sent to registered shareholders.

Score Media also announced that the TSX Venture Exchange (“TSXV”) has conditionally approved the listing of the Class A Subordinate Voting Shares of Score Digital on the TSXV on a date to be determined, subject to satisfying certain customary requirements of the TSXV.

With the completion of the plan of arrangement, Score Media anticipates that the Class A Subordinate Voting Shares will cease to be listed for trading on the Toronto Stock Exchange at the close of business October 23, 2012.

For more information, contact:

Tom Hearne
Chief Financial Officer
theScore, Inc.
(416) 977-6787 ext. 2206
tom.hearne@thescore.com

Forward-Looking Statements

Certain statements made in this news release constitute “forward-looking statements”. When used in this news release, the words “anticipate,” “believe,” “plan,” “estimate,” “expect,” “intend,” “will,” “may”, “potential”, “continue” and “should” or the negative thereof or other variations thereof or comparable terminology, are intended to identify forward-looking statements. Such forward-looking statements may include, without limitation the listing of the Class A Subordinate Voting Shares of Score Digital on the TSXV, the delisting of the Class A Subordinate Voting Shares of Score Media on the Toronto Stock Exchange and other statements that are not historical facts. While such forward-looking statements are expressed by Score Media, as stated in this release, in good faith and believed by the applicable party to have a reasonable basis, they are subject to important risks and uncertainties including, without limitation, approval of applicable governmental authorities, the TSXV, the Toronto Stock Exchange, changes in applicable laws or regulations. As a result of these risks and uncertainties, the Class A Subordinate Voting Shares of Score Digital may not become listed on the TSXV, the Class A Voting Shares of Score Media may be delisted at a later date and the results or events predicted in these forward-looking statements may differ materially from actual results or events. These forward-looking statements are not guarantees of future performance, given that they involve risks and uncertainties. Score Media does not undertake any obligation to release publicly revisions to any forward-looking statement, except as may be required under applicable securities laws. Investors should not assume that any lack of update to a previously issued forward-looking statement constitutes a reaffirmation of that statement. Continued reliance on forward-looking statements is at investors’ own risk.

Leading Digital Sports Media Conference comes to Toronto

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- Score Media partners with Blogs with Balls to bring smartest minds in the business together

- Tickets on sale now

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TORONTO, September 7, 2012 – Some of the smartest minds in digital sports media will descend on Toronto, Ontario in October as the city plays host to the fifth annual Blogs with Balls conference, in partnership with Score Media Inc.

One of the leading sports digital media events in the world, Blogs with Balls will take place at the TIFF Bell Lightbox on King Street West from October 5-6. It is the first time the conference has been held outside the U.S.

Confirmed speakers include: Jim DeLorenzo, VP and GM of Sports Illustrated.com; Jim Bankoff, CEO of Vox/SB Nation and Greg Wyshynksi from Yahoo! Sports.

They will be joined by other top names to speak on a host of panel discussions, including:

· Puck That: State of the Hockey Media

· The Rise of the Connected Living Room: Can Digital Channels Really Challenge Networks?

· The New Playground: Social & Mobile Platforms Overtaking Sites/Blogs

· Changing the Game: Diversity in Sports Media

· Moneyballs: Measurement and Analytics in Sports Media

· Jones Live!: The Basketball Jones Live Podcast

· The Next Worldwide Leader: Looking at the up-and-coming networks and channels in sports media

“At Score Media we have long been a growing force in the digital sports media industry thanks to the millions of people worldwide who use our mobile apps ScoreMobile and ScoreMobile FC and theScore.com, and are delighted to partner with Blogs with Balls to bring this great conference to Toronto,” said Jonathan Savage, Vice President of Marketing and Social Platforms at Score Media.

“We’re looking forward to meeting with so many of our industry peers to discuss the future of the space, as well as sharing our own thoughts and ideas with what promises to be an extremely engaged and switched-on audience.”

Event Director Don Povia added: “This is the first time the conference has been held in Canada and we’re pleased to be partnering with an organization such as Score Media which understands the industry so well. We have a fantastic line-up of speakers and the panel subjects will certainly lead to some compelling debates and discussions.”

Tickets are available for both days and can be purchased through blogswithballs.com, where a full list of speakers and panels can also be found.

Want to stay connected to theScore?

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For more information:

James Bigg
Community PR Supervisor
Score Media Inc.
416-977-6787 x23
jbigg@scoremedia.com

About Score Media Inc.
Score Media is a media company committed to delivering interactive and authentic sports entertainment. Score Media’s primary asset, theScore Television Network (“theScore”), is a national specialty television service providing sports news, information, highlights and live event programming in more than 6.6 million homes across Canada. The Company’s digital media assets include theScore.com and the industry leading mobile sports applications ScoreMobile, ScoreMobile FC and SportsTap which reach over three million unique users per month. Growing from a team of 60 in 1997 to over 290 employees in 2012, Score Media is a revolutionizing interactive media company.

Leading Free Sports App ScoreMobile® Comes To Nexus 7

- New version will be available for all Jelly Bean Android tablets

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TORONTO, July 31st, 2012 – Score Media Inc. (TSX: SCR) today launches its popular free sports app ScoreMobile® for Google’s Nexus 7 tablet.

Already available for the iPad, PlayBook and Kindle Fire, as well as for iPhone, Android, BlackBerry, and Windows Phone smartphones, ScoreMobile has become one of the must-have apps for sports fans, reaching 3.5 million unique users each month.

“The Nexus 7 is a bold step in the Android tablet space, so we’re delighted to be able to bring the ScoreMobile experience to this exciting new device,” said Dale Fallon, VP Digital Products, Score Media Inc. “ScoreMobile continues to be a success story because of its ease-of-use, breadth of sports coverage and personalization features, which make it a perfect fit for the Nexus 7.”

Built using a combination of HTML5 and native Android technology, ScoreMobile Tablet will be compatible with all future Jelly Bean versions of Android tablets. It will provide users with the option to experience the app in both landscape and portrait while offering the kind of features which have made ScoreMobile one of the world’s leading free sports apps, including:

· Personalized navigation with “My Score”

· Game view offering scores, stats and Twitter streams

· Interactive live blogs during key games

· TV segments and video highlights for selected leagues

· Integrated social sharing tools

Download ScoreMobile Tablet from Google Play or visit www.scoremobile.com to find out more.

Want to stay connected to theScore?

clip_image002clip_image004clip_image006clip_image008clip_image010

For more information:

James Bigg
Community PR Supervisor
Score Media Inc.
416-977-6787 x2366
jbigg@scoremedia.com

About Score Media Inc.
Score Media is a media company committed to delivering interactive and authentic sports entertainment. Score Media’s primary asset, theScore Television Network (“theScore”), is a national specialty television service providing sports news, information, highlights and live event programming in more than 6.6 million homes across Canada. The Company’s digital media assets include theScore.com and the industry leading mobile sports applications ScoreMobile, ScoreMobile FC and SportsTap which reach over three million unique users per month. Growing from a team of 60 in 1997 to over 290 employees in 2012, Score Media is a revolutionizing interactive media company.