Concurrently, the Company will further increase its efforts to drive penetration in its current top-tier properties for which it has rights and to expand into new sports markets world-wide.
"We continue to make good progress in our current properties. However, expansion into new sports properties and the conclusion of transactions that yield the Company the right balance of risk / reward are taking longer than expected."
"Consequently, and because of the current economic conditions, we feel it only prudent to align our cost base to these conditions," said Robert Mimeault, President, Kangaroo Media. -- www.cnxmarketlink.com
