DivestmentJun 2, 2026, 05:17 PM
comScore Sells Movies Business for $70M, Repays Debt
AI Summary
comScore, Inc. has completed the sale of its Movies Business, including Rentrak, LLC, to Flix Buyer Inc. for $70.0 million in cash. The transaction, which closed on May 27, 2026, also involved the repayment of approximately $40.1 million in outstanding debt under the Company's Credit Agreement using a portion of the sale proceeds. The filing includes unaudited pro forma financial statements reflecting the impact of the divestment and debt repayment, showing a pro forma net loss of $7.4 million for Q1 2026 and a pro forma net income of $11.7 million for FY 2025.
Key Highlights
- comScore sold its Movies Business, including Rentrak, LLC, to Flix Buyer Inc. for $70.0 million cash.
- The transaction was completed on May 27, 2026.
- comScore used a portion of the proceeds to repay $40.1 million in obligations under its Credit Agreement.
- Pro forma net loss for Q1 2026 was $7.4 million, compared to a historical net loss of $6.2 million.
- Pro forma net income for FY 2025 was $11.7 million, compared to a historical net loss of $10.0 million.
Price Impact
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