180 Degree Capital calls on Comscore to further reduce director compensation

180 Degree Capital issued a letter to the Board of Directors of Comscore, which read in part, "It is apparent to us that you, the Board of Directors, along with SCOR‘s preferred stockholders continue to be intent on looting SCOR’s balance sheet for collective personal gains at the expense of the employees and common stockholders of SCOR. We strenuously object to this behavior and demand SCOR take concrete actions towards correcting these issues…To be clear, we have a high level of respect for the three preferred stockholders, but we are long past the point of appealing to them to make decisions designed to enhance value for all. We believe you, SCOR’s Board, have failed in your duties. 1. SCOR should not be permitted to pay dividends on preferred stock through the issuance of additional preferred stock…2. Board compensation remains egregious and must be reduced further along with waiving of all board compensation otherwise due to directors who are employees of, or otherwise compensated by, the preferred stockholders…3. Brent Rosenthal must be removed as Lead Independent Director immediately…4. Appoint Jon Carpenter to SCOR’s Board…We now know the reason SCOR’s Board chose to ignore us following our request to meet with the heads of its Compensation and Nomination and Governance Committees. Who wants to face the third-largest common shareholder when the governance of the company has limited accountability and the compensation paid to Board members is clearly egregious? So, we are left with this; another public airing of grievances, which doesn’t give us much satisfaction. The Board has not put forth a single proposal designed to enhance value for the employees of SCOR and the common stockholders. The Board simply exists to pat each other on the back and pay themselves compensation no matter how ineffective and incompetent they are in fulfilling their responsibility to create value. The preferred stockholders care solely about themselves and are working in conjunction with the board to put a collar around SCOR’s stock and potentially increase their return through the issuance of additional shares of Series B Preferred Stock to the detriment of common stockholders. We except more from Cerberus, Charter and Liberty/Qurate. We won’t stop airing our thoughts publicly and holding SCOR’s Board accountable to all stakeholders of the company until you fix the issues we have been talking about for over two years. SCOR’s Board has the ability to show they actually care about its fiduciary duty and its preferred stockholders have the ability to show they believe SCOR’s common stock is significantly undervalued. As always, we are willing to partake in productive dialogue with the Board on these topics, but we ultimately need action from SCOR’s Board, not empty words."