Score Media
 | |
| Formerly | Headline Media Group |
|---|---|
| Company type | Public company |
| Formerly TSX: SCR | |
| Industry | Media |
| Founded | 1997 |
| Defunct | 30 April 2013 |
| Fate | Acquired by Rogers Communications; some assets spun off as theScore Inc. |
| Successor | theScore Inc. Rogers Media |
| Headquarters | Toronto, Ontario, Canada |
Key people | John S. Levy, Founder |
| Products | Broadcasting |
| Revenue |  $7.73 million CAD |
| Owner | Levy family (74.07%) Alliance Atlantis/Canwest (25.93%) |
| Website | Formerly www.scoremedia.ca |
Score Media Inc. was a Canadian media company. Partially owned by Alliance Atlantis and later Canwest, its main asset was The Score, a national specialty television service providing sports news, information, highlights, live events, and other sports-related entertainment programming. The company also owns closed captioning service Voice to Visual Inc., and mixed martial arts promotion The Score Fighting Series.
Prior to 19 October 2012, the company also owned a 20% stake in mobile and web development firm NuLayer,[1] and various interactive properties including ScoreMobile, ScoreMobile FC, SportsTap[2] and TheScore.ca. These properties are now owned by theScore Inc. The company also previously owned and operated The Score Satellite Radio; a satellite radio network available across North America on Sirius Satellite Radio. The station shut down on 1 September 2011.[3]
The company was founded in 1997 as Headline Media Group Inc. by Shaw Communications and Levy family. Shaw Media was spun off to form Corus Entertainment in September 1999 and sold 48% stake to Alliance Atlantis the following month. In February 2005, it changed its name to Score Media Inc. AAC's stake was acquired by Canwest in 2007.
Sale to Rogers
[edit]On 24 August 2012, reports surfaced that Rogers Communications was planning to acquire Score Media for close to $160 million.[4] The next day, those reports became reality when Rogers Media announced that it will acquire Score Media in a transaction valued at $167 million.
The acquisition itself closed on 19 October 2012, at which point Score Media's digital assets were spun off into another company, theScore Inc., in which Rogers Media initially retained a 10% interest. Score Media's TV properties were immediately placed into a blind trust, under trustee Peter Viner, pending final CRTC approval,[5][6] which came on 30 April 2013.
References
[edit]- ^ Score Media acquires stake in NuLayer, The Globe and Mail, 16 September 2010
- ^ Score Media Acquires Rival Mobile App SportsTap™ Canadian Business 2011-05-12
- ^ The Score Satellite Radio Is Going Off The Air TVNewser 2011-08-02
- ^ Ladurantaye, Steve. "Rogers Communications to acquire Score Media". The Globe and Mail. Retrieved 24 August 2012.
- ^ Score Media (19 October 2012). "Score Media Inc. completes plan of arrangement". Retrieved 19 October 2012.
- ^ Rogers Media (19 October 2012). "Rogers Media Completes Acquisition of Score Media". Retrieved 19 October 2012.
External links
[edit]
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