Score Media Inc. Shareholders Approve Plan of Arrangement with Rogers Media Inc.

Score Media Inc. Shareholders Approve Plan of Arrangement with Rogers Media 
TORONTO, Oct. 15, 2012 /CNW/ - Score Media Inc. (TSX: SCR) ("Score Media") is 
pleased to announce that all of Score Media shareholders who voted today at 
Score Media's Special Meeting of Shareholders (the "Meeting") have voted to 
approve the plan of arrangement pursuant to which Rogers Media Inc. ("Rogers") 
will acquire all the issued and outstanding shares of Score Media (the 
"Arrangement"). All of the shares of Score Media voted at the Meeting were 
voted in favour of the special resolution approving the Arrangement. 
John Levy, CEO of Score Media, said: "We are delighted our shareholders share 
the view of the executive team and the board of directors that this agreement 
with Rogers Media is in the best interests of all parties. We now look forward 
to securing final approval from the Ontario Superior Court of Justice and 
completing the Arrangement." 
Under the Arrangement, shareholders of Score Media will receive, for each 
share of Score Media that they hold: (i) $1.62 in cash; (ii) in respect of 
each Class A Subordinate Voting Share of Score Media held, one Class A 
Subordinate Voting Share of theScore, Inc. ("Score Digital"), a new company 
formed to hold the digital media assets of Score Media following the closing 
of the Arrangement; and (iii) in respect of each Special Voting Share of Score 
Media held, one Special Voting Share of Score Digital. 
On completion of the Arrangement, Score Digital will own Score Media's digital 
media assets. Former holders of Score Media shares (excluding Rogers) will 
hold approximately 88.2% of the outstanding shares of Score Digital while 
Rogers and its affiliates will hold approximately 11.8% of the outstanding 
shares of Score Digital (which includes 10% that will be indirectly issued to 
Rogers in connection with the Arrangement). At the Meeting, Score Media 
shareholders also approved the adoption of Score Digital's stock option plan. 
Score Media's application to the Ontario Superior Court of Justice to obtain 
the final court order approving the Arrangement is scheduled for October 18, 
2012. Assuming court approval is obtained and that all other conditions to the 
Arrangement are satisfied or waived, the Arrangement is expected to become 
effective on or about October 19, 2012. 
Forward-Looking Statements 
Certain statements made in this news release constitute "forward-looking 
statements". When used in this news release, the words "anticipate," 
"believe," "plan," "estimate," "expect," "intend," "will," "may", "potential", 
"continue" and "should" or the negative thereof or other variations thereof or 
comparable terminology, are intended to identify forward-looking statements. 
Such forward-looking statements may include, without limitation, statements 
regarding the completion of the proposed transaction and other statements that 
are not historical facts. While such forward-looking statements are expressed 
by Score Media, as stated in this release, in good faith and believed by the 
applicable party to have a reasonable basis, they are subject to important 
risks and uncertainties including, without limitation, approval of applicable 
governmental authorities and necessary court approvals the satisfaction or 
waiver of certain other conditions contemplated by the arrangement agreement 
between Rogers and Score Media dated August 25, 2012, the inability to realize 
expected synergies or cost savings, changes in applicable laws or regulations 
and other risks disclosed in Score Media's public filings, any or all of which 
could cause actual results to differ materially from future results expressed, 
projected or implied by the forward-looking statements. As a result of these 
risks and uncertainties, the proposed transaction could be modified, 
restructured or not be completed, and the results or events predicted in these 
forward-looking statements may differ materially from actual results or 
events. These forward-looking statements are not guarantees of future 
performance, given that they involve risks and uncertainties. Score Media does 
not undertake any obligation to release publicly revisions to any 
forward-looking statement, except as may be required under applicable 
securities laws. Investors should not assume that any lack of update to a 
previously issued forward-looking statement constitutes a reaffirmation of 
that statement. Continued reliance on forward-looking statements is at 
investors' own risk. 
For further information on Score Media, or contact: 
Tom Hearne Chief Financial Officer Score Media Inc. Tel: 416-977-6787 x2206 
SOURCE: Score Media Inc. 
To view this news release in HTML formatting, please use the following URL: 
CO: Score Media Inc.
ST: Ontario
-0- Oct/15/2012 19:41 GMT
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