Radio / Television News

Sub fee increase boosts The Score

TORONTO – After years of financial pressures, Score Media, which owns and operates analog sports channel The Score, seems to have turned things around as revenue, earnings and income have all increased.Revenue for the year ended August 31st, increased to $25.1 million, up 25.6% compared to the end of 2004. EBITDA increased to $4.8 million, up by $4.4 million over ’04. Net income increased $3.2 million - a profit of $2.8 million compared to a loss of $427,000 in the prior year. The company also refinanced its short-term bank loans with a $15 million credit facility comprised of a five-year...