Sportsnet 360 (formerly The Score)

Individual Discretionary and On-Demand Services - Statistical and Financial Summaries 2012-2016

Table of Contents

Undertaking # Service Name Licensee Licensee Ultimate Owner Type Year
305417356 Sportsnet 360 (formerly The Score) Rogers Media Inc. Rogers Communications Inc.                                  Specialty (category A service) 2016
Revenue ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Residential/bulk/smatv subscriber revenue 10,898,244 11,410,901 4.70 11,447,682 0.32 16,472,760 43.90 15,869,909 -3.66 9.9
DTH subscriber revenue 3,466,290 4,164,772 20.15 4,737,020 13.74 5,339,075 12.71 6,397,897 19.83 16.6
Local advertising revenue 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
National advertising revenue 28,248,857 25,619,253 -9.31 12,446,815 -51.42 13,060,736 4.93 12,138,138 -7.06 -19.0
Other revenue 475,854 460,233 -3.28 679,675 47.68 228,627 -66.36 30,143 -86.82 -49.8
Total Revenue 43,089,245 41,655,159 -3.33 29,311,192 -29.63 35,101,198 19.75 34,436,087 -1.89 -5.5
Expenses ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Programming and Production 25,882,893 20,663,260 -20.17 21,912,028 6.04 27,795,610 26.85 25,762,755 -7.31 -0.1
Technical 4,364,230 2,510,560 -42.47 4,099,957 63.31 4,167,570 1.65 1,419,601 -65.94 -24.5
Sales and Promotion 3,556,241 2,480,066 -30.26 2,061,470 -16.88 2,164,226 4.98 2,043,294 -5.59 -12.9
Administration and General 1,304,679 19,705,116 >999± 4,891,240 -75.18 3,074,508 -37.14 1,754,672 -42.93 7.7
Total Expenses 35,108,043 45,359,002 29.20 32,964,695 -27.32 37,201,914 12.85 30,980,322 -16.72 -3.1
Performance ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Operating Income 7,981,202 -3,703,843 - -3,653,503 - -2,100,716 - 3,455,765 - -
Depreciation 2,642,217 1,554,094 -41.18 3,296,895 112.14 2,846,984 -13.65 2,284,083 -19.77 -3.6
P.B.I.T. 5,338,985 -5,257,937 - -6,950,398 - -4,947,700 - 1,171,682 - -
Interest Expense 0 109,557 n/a 378,742 245.70 0 -100.00 0 n/a -
Adjustments - Gain (Loss) -170,985 -3,823 -97.76 0 -100.00 0 n/a 0 n/a -
Pre-tax Profit 5,168,000 -5,371,317 - -7,329,140 - -4,947,700 - 1,171,682 - -
Canadian Programming Expenses ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Acquisition of rights 0 597,344 n/a 0 -100.00 3,371,993 n/a 10,306,640 205.65 n/a
Script & concept 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
Filler Programming + Program Production 20,219,253 17,080,702 -15.52 18,584,510 8.80 14,756,126 -20.60 6,573,880 -55.45 -24.5
Investment in Programming 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
Total Canadian Programming 20,219,253 17,678,046 -12.57 18,584,510 5.13 18,128,119 -2.46 16,880,520 -6.88 -4.4
Canadian Programming/Revenue (%) 46.92 42.44 - 63.40 - 51.65 - 49.02 - -
Staff
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Total Remuneration ($) 10,578,634 13,226,590 25.03 9,264,697 -29.95 10,274,188 10.90 7,418,161 -27.80 -8.5
Total Staff Count 162 149 -8.02 118 -20.81 123.25 4.45 74 -39.96 -
Average Remuneration ($) 65,300 88,769 35.94 78,514 -11.55 83,361 6.17 100,245 20.26 11.3
Subscribers
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
6,731,693 6,041,000 -10.26 5,869,000 -2.85 5,694,000 -2.98 5,359,963 -5.87 -5.5
Profitability (%)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Operating Margin 18.5 -8.9 - -12.5 - -6.0 - 10.0 - -
P.B.I.T. Margin 12.4 -12.6 - -23.7 - -14.1 - 3.4 - -
Pre-tax Margin 12.0 -12.9 - -25.0 - -14.1 - 3.4 - -

CAGR = Compound Annual Growth Rate

DTH = Direct-to-Home

SMATV = Satellite Master Atenna Television

P.B.I.T. = Profit Before Interest and Tax

Var = Variation

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