Score Media sees slight gain in Q3 revenue

TORONTO – Score Media reported a modest increase in revenue for its third quarter, which it attributed to “continued growth in advertising revenue” in its television and digital media properties.Revenue for the quarter ended May 31, 2009 increased by $0.6 million to $10.8 million, compared to $10.2 million in the same quarter last year.EBITDA for the quarter dropped to $1.7 million from $2.2 million in the same period in 2008, on account of “continued, planned investment in HD programming and marketing initiatives”, the press release detailed."In 2009, Score Media has continued to innovate and push the boundaries of traditional sports...