theScore Inc.

theScore Inc.
Public
Traded as TSX-V: SCR
Industry Media
Founded 2012
Headquarters Toronto, Canada
Key people
  • John S. Levy (Founder & CEO)
  • Benjie Levy (President & COO)
  • Tom Hearne (CFO)
Products Digital media, mobile applications
Owner John S. Levy and family (approx. 22%)
Website corporate.thescore.com
theScore office in downtown Toronto

theScore Inc. is a Canadian-based digital media company that owns and operates mobile sports platforms ‘theScore,’ ‘theScore eSports,’[1] and the fantasy sports game ‘QuickDraft.’[2] Its head office is located in Toronto, which includes the company’s in-house software engineering team, editorial content team, sales team, marketing and administrative staff. It also has offices in New York and Los Angeles.[3] As of Q2 F2016, theScore's mobile applications were used by 4.4 million average monthly active users.[4]

The company previously owned The Score Television Network, which was acquired by Rogers Communications in October 2012 and is now known as Sportsnet 360. The transaction did not include theScore's digital media assets, including its mobile apps and websites.[5]

The company was spun-out from Score Media immediately prior to Rogers's acquisition of Score Media. As a result of the transaction, former shareholders of Score Media received one share of the new company for each share held in Score Media, meaning that Score Media founder John Levy (together with his family) is the largest single voting shareholder in the company, as was the case with Score Media, though Rogers received additional shares yielding an ownership stake of 11.8%.[6][7] Rogers subsequently sold its shares in theScore in June 2014.[8]

The company was listed on the TSX Venture Exchange shortly after the transaction was completed.[6]

References

  1. ↑ http://www.forbes.com/sites/insertcoin/2015/02/05/the-score-releases-the-most-comprehensive-esports-app-on-the-market/
  2. ↑ http://www.forbes.com/sites/darrenheitner/2015/12/10/new-daily-fantasy-sports-company-doesnt-want-your-money/
  3. ↑ http://mobile.thescore.com/about-us/
  4. ↑ http://mobile.thescore.com/2016/04/thescore-reports-f2016-q2-results//
  5. ↑ http://www.theglobeandmail.com/globe-investor/rogers-will-only-have-small-stake-in-score-medias-digital-growth/article4499177/
  6. 1 2 Score Media (2012-10-19). "Score Media Inc. completes plan of arrangement". Retrieved 2012-10-19.
  7. ↑ Rogers Media (2012-10-19). "Rogers Media Completes Acquisition of Score Media". Retrieved 2012-10-19.
  8. ↑ https://thescore.zendesk.com/hc/en-us/articles/200262169-Are-you-owned-by-Rogers-Media-

External links

This article is issued from Wikipedia - version of the Thursday, May 05, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.