TORONTO – Score Media’s revenue rose by 11% to $12 million during the third quarter of fiscal 2010, ended May 31, 2010.
Compared to the same quarter in 2009, EBITDA for the quarter ended May 31, 2010 increased by 16% to $1.9 million, thanks to growth in advertising and subscriptions on sports channel The Score.
"At The Score, we have continued to find ways of bringing our viewers innovative, authentic, sports content and in doing so we have generated growing audiences on our TV network, our web site, our mobile platforms and radio," said John Levy, Chairman & CEO, in a press release.
The company’s revenues have historically reflected a seasonality trend, with the third quarter (ending May 31st) being the strongest, followed by the first quarter (ending November 30th), the fourth quarter (ending August 31st), and finally the second quarter (ending February 28th). This seasonality reflects general trends for sports media advertising, which in turn reflects the schedules (particularly the playoffs) of the major sports leagues, says the company.
