Discontinued Operations

9 Months Ended

Sep. 30, 2011

Discontinued Operations

6. Discontinued Operations

In December 2010, the Company discontinued a start-up division of Redscout, LLC called “007”. As a result, the Company has classified this entity’s results of operations as discontinued operations.  The results of operations for the three and nine months ended September 30, 2010 was a loss of $184 and $635, respectively.

Effective September 30, 2010, the Company ceased Zig (USA) LLC current operations and has classified this entity’s results of operations as discontinued operations.  The results of operations for the three and nine months ended September 30, 2010 was a loss of $452 and $762, respectively.

In June 2010, the Company discontinued a start up called Fearless Progression LLC (“Fearless”) and wrote off its investment in Fearless of $710. The results of operations for the three and nine months ended September 30, 2010, including the investment write off, was a loss of nil and $647, net of tax, respectively.

Included in discontinued operations in the Company’s consolidated statements of operations for the three and nine months ended September 30, 2010 was the following:

	Three Months Ended September30, 2010			Nine Months Ended September30, 2010
Revenue	$	122		$	488
Operating loss	$	(1,020	)	$	(2,817	)
Other expense	$	11		$	54
Net loss from discontinued operations attributable to MDC Partners Inc., net of taxes	$	(636	)	$	(2,044	)