----

----

| x      | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934  |
|--------|-------------------------------------------------------------------------------------------|
|   |                                                                                      |
|   | For the quarterly period ended March 31, 2010                                             |
|   |                                                                                      |
| or     |
|   |                                                                                      |
| o      | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|   |                                                                                      |
|   | For the transition period from _____ to _____                                             |

| Canada                                                        |   | 98-0469479                          |
|---------------------------------------------------------------|--------|-------------------------------------|
| (State or other jurisdiction ofincorporation or organization) |   | (I.R.S. EmployerIdentification No.) |

| 1600 Old Country Road, Plainview, New York | 11803      |
|--------------------------------------------|------------|
| (Address of principal executive offices)   | (Zip code) |

| (516) 622-8300                                             |
|------------------------------------------------------------|
| (Registrant’s telephone number, including area code) |

| Large accelerated filer                                            | o | Accelerated filer         | o |
|--------------------------------------------------------------------|---|---------------------------|---|
| Non-accelerated filer(Do not check if a smaller reporting company) | o | Smaller reporting company | x |

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TABLE OF CONTENTS

|          | Part I.  Financial Information                                   | Page No. |
|---------------|----------------------------------------------------------------------------|----------|
| Item 1.  | Financial Statements                                                       | 1        |
|          |                                                                       |     |
|          | Consolidated Balance Sheets as at                                          |     |
|          |      March 31, 2010 (Unaudited) and December 31, 2009       | 1        |
|          |                                                                       |     |
|          | Consolidated Statements of Operations and Comprehensive Loss for the       |     |
|          |      Three Months Ended March 31, 2010 and 2009 (Unaudited) | 2        |
|          |                                                                       |     |
|          | Consolidated Statement of Shareholders’ Equity for the               |     |
|          |      Three Months Ended March 31, 2010 (Unaudited)          | 3        |
|          |                                                                       |     |
|          | Consolidated Statements of Cash Flows for the                              |     |
|          |      Three Months Ended March 31, 2010 and 2009 (Unaudited) | 4        |
|          |                                                                       |     |
|          | Notes to Consolidated Financial Statements                                 | 5        |
|          |                                                                       |     |
| Item 2.  | Management’s Discussion and Analysis of Financial               |     |
|          |      Condition and Results of Operations                    | 12       |
|          |                                                                       |     |
| Item 3.  | Quantitative and Qualitative Disclosures about Market Risk                 | 30       |
|          |                                                                       |     |
| Item 4.  | Controls and Procedures                                                    | 30       |
|          |
|          | Part II. Other Information                                            |     |
|          |
| Item 2.       | Unregistered Sales of Equity Securities and Use of Proceeds                | 31       |
|          |                                                                       |
| Item 6.  | Exhibits                                                                   | 31       |
|          |                                                                       |
| SIGNATURES    | 32                                                                         |

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Table of Contents

Item 1.                Financial Statements

NEULION, INC.

|                                                                                                   |   | March 31,   |        |   | December 31, |   |
|--------------------------------------------------------------------------------------------------------|--------|-------------|-------------|--------|--------------|--------|
|                                                                                                   |   | 2010        |        |   | 2009         |   |
|                                                                                                   |   | [unaudited] |        |   | [audited]    |   |
|                                                                                                   |   |        | $           |   |         |   | $ |   |
|                                                                                                   |   |        |        |   |         |   |   |   |
| ASSETS                                                                                                 |   |        |        |   |         |   |   |   |
| Current                                                                                                |   |        |        |   |         |   |   |   |
| Cash and cash equivalents                                                                              |   |        | 7,790,483   |   |         |   | 12,957,679 |   |
| Accounts receivable, net of allowance for doubtful accounts of $186,302 and $129,550,             |   |        |        |   |         |   |   |   |
|    respectively                                                                         |   |        | 1,934,129   |   |         |   | 1,844,481 |   |
| Other receivables                                                                                      |   |        | 790,155     |   |         |   | 821,834 |   |
| Inventory                                                                                              |   |        | 552,243     |   |         |   | 928,592 |   |
| Prepaid expenses and deposits                                                                          |   |        | 1,167,924   |   |         |   | 966,101 |   |
| Due from related parties [note 5]                                                                      |   |        | 208,050     |   |         |   | 246,992 |   |
| Total current assets                                                                                   |   |        | 12,442,984  |   |         |   | 17,765,679 |   |
| Property, plant and equipment, net                                                                     |   |        | 5,319,973   |   |         |   | 5,754,255 |   |
| Intangible assets, net                                                                                 |   |        | 8,997,673   |   |         |   | 9,542,071 |   |
| Goodwill                                                                                               |   |        | 6,757,194   |   |         |   | 6,757,194 |   |
| Other assets                                                                                           |   |        | 485,533     |   |         |   | 449,964 |   |
| Total assets                                                                                           |   |        | 34,003,357  |   |         |   | 40,269,163 |   |
|                                                                                                   |   |        |        |   |         |   |   |   |
| LIABILITIES AND SHAREHOLDERS' EQUITY                                                                   |   |        |        |   |         |   |   |   |
| Current                                                                                                |   |        |        |   |         |   |   |   |
| Accounts payable                                                                                       |   |        | 3,969,950   |   |         |   | 5,383,518 |   |
| Accrued liabilities                                                                                    |   |        | 5,612,260   |   |         |   | 5,822,385 |   |
| Derivative liability [note 11]                                                                         |   |        | 389,400     |   |         |   | 1,389,300 |   |
| Due to related parties [note 5]                                                                        |   |        | 109,686     |   |         |   | 298,595 |   |
| Deferred revenue                                                                                       |   |        | 3,785,884   |   |         |   | 3,907,510 |   |
| Total current liabilities                                                                              |   |        | 13,867,180  |   |         |   | 16,801,308 |   |
| Long-term deferred revenue                                                                             |   |        | 505,634     |   |         |   | 469,191 |   |
| Other long-term liabilities                                                                            |   |        | 654,276     |   |         |   | 728,330 |   |
| Total liabilities                                                                                      |   |        | 15,027,090  |   |         |   | 17,998,829 |   |
|                                                                                                   |   |        |        |   |         |   |   |   |
|                                                                                                   |   |        |        |   |         |   |   |   |
| Shareholders' equity                                                                                   |   |        |        |   |         |   |   |   |
| Share capital                                                                                          |   |        | 11,287,406  |   |         |   | 11,260,415 |   |
|     Common shares (par value: none; authorized: unlimited; issued and outstanding: |   |        |        |   |         |   |   |   |
|     116,751,942 and 116,731,794, respectively)                                |   |        |        |   |         |   |   |   |
| Additional paid-in capital                                                                             |   |        | 55,214,311  |   |         |   | 55,023,567 |   |
| Promissory notes receivable                                                                            |   |        | (209,250    | )      |         |   | (209,250 | ) |
| Accumulated deficit                                                                                    |   |        | (47,316,200 | )      |         |   | (43,804,398 | ) |
| Total shareholders' equity                                                                             |   |        | 18,976,267  |   |         |   | 22,270,334 |   |
| Total liabilities and shareholders' equity                                                             |   |        | 34,003,357  |   |         |   | 40,269,163 |   |

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Table of Contents

NEULION, INC.

|                                                                                  |   |                        Three months ended                          March 31, |        |
|---------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------|
|                                                                                  |   |                                                                                                                                                                                                                                                                                                          |        |   |   |   |
|                                                                                  |   | 2010                                                                                                                                                                                                                                                                                                          |        |   | 2009 |   |
|                                                                                  |   | $                                                                                                                                                                                                                                                                                                             |        |   | $ |   |
|                                                                                  |   |                                                                                                                                                                                                                                                                                                          |        |   |   |   |
| Revenue                                                                               |   |                                                                                                                                                                                                                                                                                                          |        |   |   |   |
| Services revenue                                                                      |   |                                                                                                                                                                                                                                                                                                          | 7,462,899   |   |   |   | 6,034,330 |   |
| Equipment revenue                                                                     |   |                                                                                                                                                                                                                                                                                                          | 381,596     |   |   |   | 539,696 |   |
|                                                                                  |   |                                                                                                                                                                                                                                                                                                          | 7,844,495   |   |   |   | 6,574,026 |   |
|                                                                                  |   |                                                                                                                                                                                                                                                                                                          |        |   |   |   |   |   |
| Costs and Expenses                                                                    |   |                                                                                                                                                                                                                                                                                                          |        |   |   |   |   |   |
| Cost of services revenue, exclusive of depreciation and                               |   |                                                                                                                                                                                                                                                                                                          | 3,364,407   |   |   |   | 3,383,879 |   |
|     amortization shown separately below                           |   |                                                                                                                                                                                                                                                                                                          |        |   |   |   |   |   |
| Cost of equipment revenue                                                             |   |                                                                                                                                                                                                                                                                                                          | 354,690     |   |   |   | 460,604 |   |
| Selling, general and administrative, including stock-based compensation [note 8] |   |                                                                                                                                                                                                                                                                                                          | 7,332,912   |   |   |   | 7,173,340 |   |
| Depreciation and amortization                                                         |   |                                                                                                                                                                                                                                                                                                          | 1,276,965   |   |   |   | 1,014,681 |   |
|                                                                                  |   |                                                                                                                                                                                                                                                                                                          | 12,328,974  |   |   |   | 12,032,504 |   |
| Operating loss                                                                        |   |                                                                                                                                                                                                                                                                                                          | (4,484,479  | ) |   |   | (5,458,478 | ) |
|                                                                                  |   |                                                                                                                                                                                                                                                                                                          |        |   |   |   |   |   |
| Other income (expense)                                                                |   |                                                                                                                                                                                                                                                                                                          |        |   |   |   |   |   |
| Unrealized gain (loss) on derivative [note 11]                                   |   |                                                                                                                                                                                                                                                                                                          | 999,900     |   |   |   | (476,850 | ) |
| (Loss) gain on foreign exchange                                                       |   |                                                                                                                                                                                                                                                                                                          | (49,129     | ) |   |   | 44,226 |   |
| Investment income                                                                     |   |                                                                                                                                                                                                                                                                                                          | 21,906      |   |   |   | 97,224 |   |
|                                                                                  |   |                                                                                                                                                                                                                                                                                                          | 972,677     |   |   |   | (335,400 | ) |
| Net and comprehensive loss for the period                                             |   |                                                                                                                                                                                                                                                                                                          | (3,511,802  | ) |   |   | (5,793,878 | ) |
|                                                                                  |   |                                                                                                                                                                                                                                                                                                          |        |   |   |   |   |   |
|                                                                                  |   |                                                                                                                                                                                                                                                                                                          |        |   |   |   |   |   |
| Net loss per weighted average number of shares                                        |   |                                                                                                                                                                                                                                                                                                          |        |   |   |   |   |   |
|     outstanding - basic and diluted [note 6]            |   |                                                                                                                                                                                                                                                                                                          | $(0.03      | ) |   |   | $(0.05 | ) |
|                                                                                  |   |                                                                                                                                                                                                                                                                                                          |        |   |   |   |   |   |
| Weighted average number of shares                                                     |   |                                                                                                                                                                                                                                                                                                          |        |   |   |   |   |   |
|     outstanding - basic and diluted [note 6]                      |   |                                                                                                                                                                                                                                                                                                          | 116,742,433 |   |   |   | 110,089,579 |   |

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NEULION, INC.

|                                                                        |   |                                                                                              |        |   |            |   |       |       |   |   |       |   |   |        |     |   | Total         |   |
|-----------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------|-------------|--------|-----------------|--------|------------|------------|--------|--------|------------|--------|--------|-------------|----------|--------|---------------|--------|
|                                                                        |   |                                                                                              |        |   |            |   |       | Additional |   |   | Promissory |   |   | Accumulated |     |   | shareholders' |   |
|                                                                        |   | Common shares               |        |   | paid-in capital |   |       | Notes      |   |   | deficit    |   |   | equity      |     |
|                                                                        |   |                                                                                              | #           |   |            |   | $          |       |   |   | $          |   |   |        | $        |   |          |   | $ |   |   |   | $ |   |
|                                                                        |   |                                                                                              |        |   |            |   |       |       |   |   |       |   |   |        |     |   |          |   |   |   |   |   |   |   |
| Balance, December 31, 2009                                                  |   |                                                                                              | 116,731,794 |   |            |   | 11,260,415 |       |   |   | 55,023,567 |   |   |        | (209,250 | )      |          |   | (43,804,398 | ) |   |   | 22,270,334 |   |
|                                                                        |   |                                                                                              |        |   |            |   |       |       |   |   |       |   |   |        |     |   |          |   |   |   |   |   |   |   |
| Exercise of stock options for                                               |   |                                                                                              |        |   |            |   |       |       |   |   |       |   |   |        |     |   |          |   |   |   |   |   |   |   |
|     common shares                                       |   |                                                                                              | 15,312      |   |            |   | 11,559     |       |   |   | (4,362     | )      |   |        | —  |   |          |   | — |   |   |   | 7,197 |   |
| Stock-based compensation:                                                   |   |                                                                                              |        |   |            |   |       |       |   |   |       |   |   |        |     |   |          |   |   |   |   |   |   |   |
|     Issuance of common shares on                        |   |                                                                                              |        |   |            |   |       |       |   |   |       |   |   |        |     |   |          |   |   |   |   |   |   |   |
|        vesting of restricted share units |   |                                                                                              | 4,836       |   |            |   | 2,929      |       |   |   | —    |   |   |        | —  |   |          |   | — |   |   |   | 2,929 |   |
|     Release of common shares from                       |   |                                                                                              |        |   |            |   |       |       |   |   |       |   |   |        |     |   |          |   |   |   |   |   |   |   |
|        escrow for services               |   |                                                                                              | —     |   |            |   | 12,503     |       |   |   | —    |   |   |        | —  |   |          |   | — |   |   |   | 12,503 |   |
|     Stock options and warrants                          |   |                                                                                              | —     |   |            |   | —    |       |   |   | 195,106    |   |   |        | —  |   |          |   | — |   |   |   | 195,106 |   |
| Net loss                                                                    |   |                                                                                              | —     |   |            |   | —    |       |   |   | —    |   |   |        | —  |   |          |   | (3,511,802 | ) |   |   | (3,511,802 | ) |
| Balance, March 31, 2010                                                     |   |                                                                                              | 116,751,942 |   |            |   | 11,287,406 |       |   |   | 55,214,311 |   |   |        | (209,250 | )      |          |   | (47,316,200 | ) |   |   | 18,976,267 |   |

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NEULION, INC.

|                                                                   |   |                        Three months ended                       March 31, |       |
|------------------------------------------------------------------------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------|
|                                                                   |   |                                                                                                                                                                                                                                                                                                            |       |   |   |   |
|                                                                   |   | 2010                                                                                                                                                                                                                                                                                                            |       |   | 2009 |   |
|                                                                   |   |                                                                                                                                                                                                                                                                                                            | $          |   |   |   | $ |   |
|                                                                   |   |                                                                                                                                                                                                                                                                                                            |       |   |   |   |   |   |
| OPERATING ACTIVITIES                                                   |   |                                                                                                                                                                                                                                                                                                            |       |   |   |   |   |   |
| Net loss                                                               |   |                                                                                                                                                                                                                                                                                                            | (3,511,802 | ) |   |   | (5,793,878 | ) |
| Adjustments to reconcile net loss to cash used in operating activities |   |                                                                                                                                                                                                                                                                                                            |       |   |   |   |   |   |
| Depreciation and amortization                                          |   |                                                                                                                                                                                                                                                                                                            | 1,276,965  |   |   |   | 1,014,681 |   |
| Stock-based compensation [note 8]                                 |   |                                                                                                                                                                                                                                                                                                            | 207,257    |   |   |   | 253,743 |   |
| Unrealized (gain) loss on derivative [note 11]                         |   |                                                                                                                                                                                                                                                                                                            | (999,900   | ) |   |   | 476,850 |   |
|                                                                   |   |                                                                                                                                                                                                                                                                                                            |       |   |   |   |   |   |
| Changes in operating assets and liabilities                            |   |                                                                                                                                                                                                                                                                                                            |       |   |   |   |   |   |
| Accounts receivable                                                    |   |                                                                                                                                                                                                                                                                                                            | (120,910   | ) |   |   | 432,869 |   |
| Inventory                                                              |   |                                                                                                                                                                                                                                                                                                            | 376,349    |   |   |   | (35,620 | ) |
| Prepaid expenses, deposits and other assets                            |   |                                                                                                                                                                                                                                                                                                            | (237,392   | ) |   |   | 96,785 |   |
| Other receivables                                                      |   |                                                                                                                                                                                                                                                                                                            | 62,941     |   |   |   | (169,209 | ) |
| Due from related parties                                               |   |                                                                                                                                                                                                                                                                                                            | 38,942     |   |   |   | (301,620 | ) |
| Accounts payable                                                       |   |                                                                                                                                                                                                                                                                                                            | (1,413,568 | ) |   |   | (1,226,057 | ) |
| Accrued liabilities                                                    |   |                                                                                                                                                                                                                                                                                                            | (206,844   | ) |   |   | (124,851 | ) |
| Deferred revenue                                                       |   |                                                                                                                                                                                                                                                                                                            | (85,183    | ) |   |   | (137,384 | ) |
| Long-term liabilities                                                  |   |                                                                                                                                                                                                                                                                                                            | (74,054    | ) |   |   | (102,639 | ) |
| Due to related parties                                                 |   |                                                                                                                                                                                                                                                                                                            | (188,909   | ) |   |   | 243,581 |   |
| Cash used in operating activities                                      |   |                                                                                                                                                                                                                                                                                                            | (4,876,108 | ) |   |   | (5,372,749 | ) |
|                                                                   |   |                                                                                                                                                                                                                                                                                                            |       |   |   |   |   |   |
| INVESTING ACTIVITIES                                                   |   |                                                                                                                                                                                                                                                                                                            |       |   |   |   |   |   |
| Purchase of property, plant and equipment                              |   |                                                                                                                                                                                                                                                                                                            | (298,285   | ) |   |   | (382,404 | ) |
| Cash used in investing activities                                      |   |                                                                                                                                                                                                                                                                                                            | (298,285   | ) |   |   | (382,404 | ) |
|                                                                   |   |                                                                                                                                                                                                                                                                                                            |       |   |   |   |   |   |
| FINANCING ACTIVITIES                                                   |   |                                                                                                                                                                                                                                                                                                            |       |   |   |   |   |   |
| Proceeds from exercise of stock options                                |   |                                                                                                                                                                                                                                                                                                            | 7,197      |   |   |   | — |   |
| Cash provided by financing activities                                  |   |                                                                                                                                                                                                                                                                                                            | 7,197      |   |   |   | — |   |
| Net decrease in cash and cash equivalents during the period            |   |                                                                                                                                                                                                                                                                                                            | (5,167,196 | ) |   |   | (5,755,153 | ) |
| Cash and cash equivalents, beginning of period                         |   |                                                                                                                                                                                                                                                                                                            | 12,957,679 |   |   |   | 27,323,021 |   |
| Cash and cash equivalents, end of period                               |   |                                                                                                                                                                                                                                                                                                            | 7,790,483  |   |   |   | 21,567,868 |   |

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NEULION, INC.

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Table of Contents

|                                                          |   | March 31,  |                |   | March 31,  |   |
|---------------------------------------------------------------|--------|------------|---------------------|--------|------------|--------|
|                                                          |   | 2010       |                |   | 2009       |   |
|                                                          |   |       | $    |   |       |   | $    |   |
|                                                          |   | [unaudited |                |   | [unaudited |   |
|                                                          |   | actual]    |                |   | pro forma] |   |
|                                                          |   |       |                |   |       |   |   |   |
| Total revenue                                                 |   |       | 7,844,495           |   |       |   | 7,906,742 |   |
| Total cost of services revenue, exclusive of depreciation and |   |       |                |   |       |   |   |   |
|    amortization shown separately below         |   |       | (3,364,407          | )      |       |   | (4,240,507 | ) |
| Total cost of equipment revenue                               |   |       | (354,690            | )      |       |   | (460,604 | ) |
| Total selling, general and administrative expenses            |   |       | (7,125,655          | )      |       |   | (7,280,866 | ) |
| Stock-based compensation                                      |   |       | (207,257            | )      |       |   | (253,743 | ) |
| Depreciation and amortization                                 |   |       | (1,276,965          | )      |       |   | (1,326,090 | ) |
| Operating loss                                                |   |       | (4,484,479          | )      |       |   | (5,655,068 | ) |
| Net loss                                                      |   |       | (3,511,802          | )      |       |   | (5,990,468 | ) |
| Net loss per weighted average number of shares                |   |       |                |   |       |   |   |   |
|    outstanding – basic and diluted       |   |       | (0.03               | )      |       |   | (0.05 | ) |

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|                                                                                                  |   |      |                |   |         |                |
|-------------------------------------------------------------------------------------------------------|--------|-----------|---------------------|--------|--------------|---------------------|
|                                                                                                  |   | March 31, |                |   | March 31,    |                |
|                                                                                                  |   | 2010      |                |   | 2009         |                |
|                                                                                                  |   |      | $    |   |         | $    |   |
|                                                                                                  |   |      |                |   |         |                |   |
| New York Islanders                                                                                    |   |      | 96,979              |   |         |                | 60,000 |   |
| Renaissance                                                                                           |   |      | 30,000              |   |         |                | 30,000 |   |
| Smile Train                                                                                           |   |      | 27,000              |   |         |                | — |   |
| Hawaii                                                                                                |   |      | —             |   |         |                | 16,471 |   |
| KyLinTV                                                                                               |   |      | 477,213             |   |         |                | 401,485 |   |
|                                                                                                  |   |      | 631,192             |   |         |                | 507,956 |   |
|                                                                                                  |   |      |                |   |         |                |   |   |
|                                                                                                  |   |      |                |   |         |                |   |   |
| As at March 31, 2010 and December 31, 2009, the amounts due from (to) related parties are as follows: |   |      |                |   |         |                |   |   |
|                                                                                                  |   |      |                |   |         |                |   |   |
|                                                                                                  |   | March 31, |                |   | December 31, |                |
|                                                                                                  |   |      | 2010                |   |         |                | 2009 |   |
|                                                                                                  |   |      | $    |   |         |                | $ |   |
|                                                                                                  |   |      |                |   |         |                |   |   |
| New York Islanders                                                                                    |   |      | (1,035              | )      |         |                | (304 | ) |
| TransVideo                                                                                            |   |      | (108,651            | )      |         |                | (298,291 | ) |
| KyLinTV                                                                                               |   |      | 208,050             |   |         |                | 246,992 |   |
|                                                                                                  |   |      | 98,364              |   |         |                | (51,603 | ) |

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|                                     |   | March 31,     |       |   | March 31,     |   |
|------------------------------------------|--------|---------------|------------|--------|---------------|--------|
|                                     |   | 2010          |       |   | 2009          |   |
|                                     |   | $        |       |   | $   |   |
|                                     |   |          |       |   |          |   |   |   |
| Condensed income statement information:  |   |          |       |   |          |   |   |   |
|   Net sales                    |   |          | 2,229,078  |   |          |   | 1,955,083 |   |
|   Net loss                     |   |          | (1,862,297 | )      |          |   | (1,480,781 | ) |
|                                     |   |          |       |   |          |   |   |   |
|                                     |   | March 31,     |       |   | December 31,  |   |
|                                     |   |          | 2010       |   |          |   | 2009 |   |
|                                     |   | $   |       |   | $   |   |
|                                     |   |          |       |   |          |   |   |   |
| Condensed balance sheet information:     |   |          |       |   |          |   |   |   |
|   Current assets               |   |          | 10,584,739 |   |          |   | 1,924,891 |   |
|   Non-current assets           |   |          | 890,564    |   |          |   | 913,977 |   |
|   Total assets                 |   |          | 11,475,303 |   |          |   | 2,838,868 |   |
|   Current liabilities          |   |          | 5,948,049  |   |          |   | 15,168,149 |   |
|   Equity (deficiency)          |   |          | 5,527,254  |   |          |   | (12,329,281 | ) |
|   Total liabilities and equity |   |          | 11,475,303 |   |          |   | 2,838,868 |   |

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|                                 |   | March 31, |       |   | March 31, |   |
|--------------------------------------|--------|-----------|------------|--------|-----------|--------|
|                                 |   | 2010      |       |   | 2009      |   |
|                                 |   |      | #          |   |      |   | # |   |
|                                 |   |      |       |   |      |   |   |   |
| Stock options                        |   |      | 9,639,975  |   |      |   | 8,952,995 |   |
| Restricted share units               |   |      | 1,888      |   |      |   | 42,977 |   |
| Stock appreciation rights            |   |      | 1,675,000  |   |      |   | 1,843,741 |   |
| Warrants                             |   |      | 19,697,500 |   |      |   | 16,197,500 |   |
| Retention warrants                   |   |      | 801,788    |   |      |   | 1,088,531 |   |
| Contingent performance consideration |   |      | —    |   |      |   | 3,680,194 |   |

|                        |   | March 31, |    |   | March 31, |   |
|-----------------------------|--------|-----------|---------|--------|-----------|--------|
|                        |   | 2010      |    |   | 2009      |   |
|                        |   | $         |    |   | $         |   |
|                        |   |      |    |   |      |   |   |
| Stock options and warrants  |   |      | 195,106 |   |      |   | 209,900 |   |
| Restricted share plan units |   |      | 2,929   |   |      |   | 5,846 |   |
| Stock appreciation rights   |   |      | (46,530 | )      |      |   | 31,785 |   |
| Escrowed shares             |   |      | 12,503  |   |      |   | 6,212 |   |
| Directors compensation      |   |      | 43,249  |   |      |   | — |   |
|                        |   |      | 207,257 |   |      |   | 253,743 |   |

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| · | 5,500,000 Series A warrants exercisable at Cdn$1.25 that expire on October 20, 2010. |
|--------|--------------------------------------------------------------------------------------|

| · | 5,500,000 Series B warrants exercisable at Cdn$1.50 that expire on October 20, 2010. |
|--------|--------------------------------------------------------------------------------------|

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Item 2.    Management’s Discussion and Analysis of Financial Condition and Results of Operations

----

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| ·     | content management  — encoding and transcoding of various digital and analog TV and video formats; |
|---------------------------|--------------------------------------------------------------------------------------------------------------------|

| ·     | subscriber management — managing subscriber access and control of subscriber accounts; |
|---------------------------|----------------------------------------------------------------------------------------------|

| ·     | digital rights management — preserving the integrity of the content and protecting it from unauthorized access; |
|---------------------------|-----------------------------------------------------------------------------------------------------------------------|

| ·     | billing services — enabling customers to view subscription accounts, providing pay-per-view transactional billing and payment processing; |
|---------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------|

| ·     | delivery — delivering streamed audio, video and other multimedia content anywhere, anytime through the Company’s  IPTV service and infrastructure; and |
|---------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·     | advertising insertion. |
|---------------------------|------------------------|

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| ·               | content ingestion; |
|----------------------------------------------------------------------------------|--------------------|

| ·               | web site design and hosting; |
|---------------------------------------------------------------------------------------|------------------------------|

| ·               | live and on-demand streaming of content on multiple platforms; |
|---------------------------------------------------------------------------------------|----------------------------------------------------------------|

| ·               | billing services; |
|---------------------------------------------------------------------------------------|-------------------|

| ·               | facilitating online merchandise sales; |
|----------------------------------------------------------------------------------|----------------------------------------|

| ·               | mobile features (streaming highlights, alerts, wallpaper and ring tones); |
|----------------------------------------------------------------------------------|---------------------------------------------------------------------------|

| ·               | online ticketing; |
|---------------------------------------------------------------------------------------|-------------------|

| ·               | auction engine (jerseys, tickets); |
|---------------------------------------------------------------------------------------|------------------------------------|

| ·               | social networking; |
|----------------------------------------------------------------------------------|--------------------|

| ·               | customer and fan support; and |
|---------------------------------------------------------------------------------------|-------------------------------|

| ·               | marketing and advertising sales. |
|----------------------------------------------------------------------------------|----------------------------------|

| ·               | Internet-connected browser-based devices such as personal computers, laptops and mobile devices; and |
|---------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------|

| ·               | standard television sets through use of our Internet-connected STBs. |
|----------------------------------------------------------------------------------|----------------------------------------------------------------------|

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| Ø | Services Revenue, which is the Company’s recurring revenue stream, increased by 25% as compared to the same period a year ago |
|--------|-------------------------------------------------------------------------------------------------------------------------------------|

| Ø | Cost of Services Revenue, exclusive of depreciation and amortization, remained unchanged as compared to the same period a year ago despite Services Revenue increasing by 25% |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Ø | Non-GAAP Adjusted EBITDA Loss (see page 17 for detailed calculation) improved by 29% as compared to the same period a year ago |
|--------|-------------------------------------------------------------------------------------------------------------------------------------|

| ·     | organic growth of $0.3 million; and |
|---------------------------|-------------------------------------|

|   ·     | revenue from INSINC of $0.9 million. |
|----------------------------------|--------------------------------------|

| ·     | an increase in total revenue of $1.2 million; |
|---------------------------|-----------------------------------------------|

| ·     | a slight decrease in cost of services revenue, exclusive of depreciation and amortization despite the increase in revenue; |
|---------------------------|----------------------------------------------------------------------------------------------------------------------------|

| ·     | a slight increase in selling, general and administrative expenses, including stock-based compensation  of $0.2 million; and |
|---------------------------|---------------------------------------------------------------------------------------------------------------------------------------|

| ·     | an unrealized gain on derivative of $1.0 million for the three months ended March 31, 2010 as compared to a $0.5 million loss on derivative for the three months ended March 31, 2009 (non-cash item). |
|---------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·     | a decrease of $0.8 million in cost of services revenue, exclusive of depreciation and amortization; and |
|---------------------------|---------------------------------------------------------------------------------------------------------|

| ·     | an unrealized gain on derivative of $1.0 million for the three months ended March 31, 2010 as compared to a $0.5 million loss on derivative for the three months ended March 31, 2009 (non-cash item). |
|---------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|                                             |   | Three months ended March 31, |       |
|--------------------------------------------------|--------|------------------------------|------------|
|                                             |   |                         |       |   |   |   |   | Pro forma |   |
|                                             |   | 2010                         |       |   | 2009 |   |   | 2009 |   |
|                                             |   | $                            |       |   | $ |   |   | $ |   |
|                                             |   |                         |       |   |   |   |   |   |   |   |   |   |
| Net loss                                         |   |                         | (3,511,802 | ) |   |   | (5,793,878 | ) |   |   | (5,990,468 | ) |
|                                             |   |                         |       |   |   |   |   |   |   |   |   |   |
| Add back:                                        |   |                         |       |   |   |   |   |   |   |   |   |   |
| Depreciation and amortization                    |   |                         | 1,276,965  |   |   |   | 1,014,681 |   |   |   | 1,326,090 |   |
| Stock-based compensation                         |   |                         | 207,257    |   |   |   | 253,743 |   |   |   | 253,743 |   |
| Unrealized (gain) loss on derivative             |   |                         | (999,900   | ) |   |   | 476,850 |   |   |   | 476,850 |   |
| Investment income and foreign exchange gain/loss |   |                         | 27,223     |   |   |   | (141,450 | ) |   |   | (141,450 | ) |
|                                             |   |                         |       |   |   |   |   |   |   |   |   |   |
| Non-GAAP Adjusted EBITDA loss                    |   |                         | (3,000,257 | ) |   |   | (4,190,054 | ) |   |   | (4,075,235 | ) |

| (i)    | Services revenue, which includes:                                                    |
|--------|--------------------------------------------------------------------------------------|
|   |                                                                                 |   |
|   | ●                                                                              | Subscriber revenue, which is recognized over the period of service or usage; |
|   |                                                                                 |   |
|   | ●                                                                              | eCommerce revenue, which is recognized as the service is performed; and |
|   |                                                                                 |   |
|   | ●                                                                              | Technology revenue, which consists of the set up and transcoder revenue and is recognized over the life of the contract. |
|   |                                                                                 |   |
| (ii)   | Equipment revenue, which is recognized when title of the STB passes to the customer. |

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| ·      | Cost of subscriber revenue, which consists of : |
|---------------------------------|-------------------------------------------------|

| ·      | royalty payments |
|---------------------------------|------------------|

| ·      | network operating costs |
|---------------------------------|-------------------------|

| ·      | bandwidth usage fees |
|---------------------------------|----------------------|

| ·      | colocation fees |
|---------------------------------|-----------------|

| ·      | Cost of eCommerce revenue, which consists of: |
|---------------------------------|-----------------------------------------------|

| ·      | merchandising, donor and ticket sales, which has no associated cost – revenue is booked on a net basis |
|---------------------------------|--------------------------------------------------------------------------------------------------------------|

| ·      | cost of advertising revenue is subject to revenue shares with the content provider |
|---------------------------------|------------------------------------------------------------------------------------|

| ·      | Cost of technology services revenue, which consists of: |
|---------------------------------|---------------------------------------------------------|

| ·      | third party transcoder licenses purchased |
|---------------------------------|-------------------------------------------|

| ·      | maintenance costs for transcoders |
|---------------------------------|-----------------------------------|

| ·       | Wages and benefits – represents compensation for the Company's full-time and part-time employees as well as fees for consultants who are used by the Company from time to time; |
|--------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·       | Stock-based compensation – we estimate the fair value of our options, warrants and stock appreciation rights (“Convertible Securities”) for financial accounting purposes using the Black-Scholes-Merton model, which requires a number of subjective assumptions, including the expected life of the Convertible Securities, risk-free interest rate, dividend rate, forfeiture rate and future volatility of the price of our common shares.  We expense the estimated fair value over the vesting period of the Convertible Securities, which is normally over a four-year period, vesting in an equal amount each month; however, the Board of Directors has the discretion to grant options with different vesting periods; |
|--------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·       | Marketing – represents expenses for both global and local marketing programs that focus on various target sports properties and ethnic communities.  These initiatives include on-line and off-line marketing expenditures,  search engine marketing and search engine optimization; |
|---------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·       | Professional fees – represents legal, accounting and recruiting fees; and |
|--------------------------------------------|---------------------------------------------------------------------------------|

| ·       | Other SG&A expenses– represents travel expenses, rent, office supplies, corporate IT services, credit card processing fees and other general operating expenses. |
|--------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|                             |   | Three months ended, |       |
|----------------------------------|--------|---------------------|------------|
|                             |   | 2010                |       |   | 2009 |   |   | 2008 |   |
|                             |   | March 31,           |       |   | December 31, |   |   | September 30, |   |   | June 30, |   |   | March 31, |   |   | December 31, |   |   | September 30, |   |   | June 30, |   |
|                             |   | $                   |       |   | $ |   |   | $ |   |   | $ |   |   | $ |   |   | $ |   |   | $ |   |   | $ |   |
| Income Statement Data:           |   |                |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Revenue                          |   |                | 7,844,495  |   |   |   | 8,995,911 |   |   |   | 6,061,302 |   |   |   | 6,462,438 |   |   |   | 6,574,026 |   |   |   | 5,807,550 |   |   |   | 2,699,041 |   |   |   | 2,987,128 |   |
| Cost of revenue                  |   |                | 3,719,097  |   |   |   | 4,024,350 |   |   |   | 3,224,838 |   |   |   | 3,293,481 |   |   |   | 3,844,483 |   |   |   | 3,205,272 |   |   |   | 1,534,807 |   |   |   | 1,753,689 |   |
| Net loss for the period          |   |                | (3,511,802 | ) |   |   | (1,454,962 | ) |   |   | (7,463,951 | ) |   |   | (4,928,130 | ) |   |   | (5,793,878 | ) |   |   | (7,223,468 | ) |   |   | (1,377,667 | ) |   |   | (1,549,979 | ) |
| Basic and diluted loss per share |   |                | (0.03      | ) |   |   | (0.01 | ) |   |   | (0.07 | ) |   |   | (0.04 | ) |   |   | (0.05 | ) |   |   | (0.13 | ) |   |   | (0.03 | ) |   |   | (0.04 | ) |

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|                                                                        |   | 2010   |       |   | 2009   |   |       | Change |
|-----------------------------------------------------------------------------|--------|--------|------------|--------|--------|--------|------------|--------|
|                                                                        |   | $      |       |   | $      |   |       |   | % |
| Revenue                                                                     |   |   |       |   |   |   |       |   |   |   |
|    Services revenue                                          |   |   | 7,462,899  |   |   |   | 6,034,330  |   |   |   | 24% |
|    Equipment revenue                                         |   |   | 381,596    |   |   |   | 539,696    |   |   |   | -29% |
| Total Revenue                                                               |   |   | 7,844,495  |   |   |   | 6,574,026  |   |   |   | 19% |
|                                                                        |   |   |       |   |   |   |       |   |   |   |   |
| Costs and expenses                                                          |   |   |       |   |   |   |       |   |   |   |   |
|    Cost of services revenue, exclusive of depreciation       |   |   |       |   |   |   |       |   |   |   |   |
|       and amortization shown separately below |   |   | 3,364,407  |   |   |   | 3,383,879  |   |   |   | -1% |
|    Cost of equipment revenue                                 |   |   | 354,690    |   |   |   | 460,604    |   |   |   | -23% |
|    Selling, general and administrative,  including |   |   |       |   |   |   |       |   |   |   |   |
|       stock-based compensation                |   |   | 7,332,912  |   |   |   | 7,173,340  |   |   |   | 2% |
|    Depreciation and amortization                             |   |   | 1,276,965  |   |   |   | 1,014,681  |   |   |   | 26% |
|                                                                        |   |   | 12,328,974 |   |   |   | 12,032,504 |   |   |   | 2% |
| Operating loss                                                              |   |   | (4,484,479 | )      |   |   | (5,458,478 | )      |   |   | -18% |
|                                                                        |   |   |       |   |   |   |       |   |   |   |   |
| Other income (expense)                                                      |   |   |       |   |   |   |       |   |   |   |   |
|    Unrealized gain (loss) on derivative                      |   |   | 999,900    |   |   |   | (476,850   | )      |   |   | -310% |
|    (Loss) gain on foreign exchange                           |   |   | (49,129    | )      |   |   | 44,226     |   |   |   | -211% |
|    Investment income                                         |   |   | 21,906     |   |   |   | 97,224     |   |   |   | -77% |
|                                                                        |   |   | 972,677    |   |   |   | (335,400   | )      |   |   | -390% |
| Net and comprehensive loss for the period                                   |   |   | (3,511,802 | )      |   |   | (5,793,878 | )      |   |   | -39% |

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| ·     | Wages and benefits increased from $5.2 million for the three months ended March 31, 2009 to $5.3 million for the three months ended March 31, 2010.  INSINC comprised $0.3 million of total wages and benefits for the period.  The organic decrease of $0.2 million was due to a decrease in headcount. |
|---------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·     | Stock-based compensation expense decreased from $0.3 million for the three months ended March 31, 2009 to $0.2 million for the three months ended March 31, 2010.  The decrease primarily relates to the decrease in fair value of the Company’s stock appreciation rights. |
|---------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·     | Marketing expenses were $0.2 million for the three months ended March 31, 2009 and 2010. |
|---------------------------|------------------------------------------------------------------------------------------|

| ·     | Professional fees increased from $0.4 million for the three months ended March 31, 2009 to $0.5 million for the three months ended March 31, 2010.  The increase primarily represents legal expenses incurred on behalf of INSINC. |
|---------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·     | Other SG&A expenses were $1.1 million for the three months ended March 31, 2009 and 2010.  INSINC accounted for $0.2 million of the total $1.1 million for the period.  The organic decrease of $0.2 million was primarily the result of decreases in travel and office expenses. |
|---------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|                          |   | March 31, |       |   | December 31, |   |
|-------------------------------|--------|-----------|------------|--------|--------------|--------|
|                          |   | 2010      |       |   | 2009         |   |
|                          |   | $         |       |   | $            |   |
| Current Assets                |   |      |       |   |         |   |   |   |
| Cash and cash equivalents     |   |      | 7,790,483  |   |         |   | 12,957,679 |   |
| Accounts receivable, net      |   |      | 1,934,129  |   |         |   | 1,844,481 |   |
| Other receivables             |   |      | 790,155    |   |         |   | 821,834 |   |
| Inventory                     |   |      | 552,243    |   |         |   | 928,592 |   |
| Prepaid expenses and deposits |   |      | 1,167,924  |   |         |   | 966,101 |   |
| Due from related parties      |   |      | 208,050    |   |         |   | 246,992 |   |
| Total current assets          |   |      | 12,442,984 |   |         |   | 17,765,679 |   |
|                          |   |      |       |   |         |   |   |   |
| Current Liabilities           |   |      |       |   |         |   |   |   |
| Accounts payable              |   |      | 3,969,950  |   |         |   | 5,383,518 |   |
| Accrued liabilities           |   |      | 5,612,260  |   |         |   | 5,822,385 |   |
| Derivative liability          |   |      | 389,400    |   |         |   | 1,389,300 |   |
| Due to related parties        |   |      | 109,686    |   |         |   | 298,595 |   |
| Deferred revenue              |   |      | 3,785,884  |   |         |   | 3,907,510 |   |
| Total current liabilities     |   |      | 13,867,180 |   |         |   | 16,801,308 |   |
|                          |   |      |       |   |         |   |   |   |
| Working capital ratio         |   |      | 0.90       |   |         |   | 1.06 |   |

|                                  |   | Three months ended |       |
|---------------------------------------|--------|--------------------|------------|
|                                  |   | March 31,          |       |
|                                  |   | 2010               |       |   | 2009 |   |
|                                  |   | $                  |       |   | $ |   |
|                                  |   |               |       |   |   |   |   |   |
| Cash used in operating activities     |   |               | (4,876,108 | ) |   |   | (5,372,749 | ) |
| Cash used in investing activities     |   |               | (298,285   | ) |   |   | (382,404 | ) |
| Cash provided by financing activities |   |               | 7,197      |   |   |   | - |   |

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| ·     | non-cash items in the amount of $0.5 million, which relates to stock-based compensation, depreciation and amortization and unrealized gain on derivative; and |
|---------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·     | changes in operating assets and liabilities of $1.9 million. |
|---------------------------|-------------------------------------------------------------------|

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|               |   | March 31, |    |   | March 31, |   |
|--------------------|--------|-----------|---------|--------|-----------|--------|
|               |   | 2010      |    |   | 2009      |   |
|               |   | $         |    |   | $         |   |
|               |   |      |    |   |      |   |   |   |
| New York Islanders |   |      | 96,979  |   |      |   | 60,000 |   |
| Renaissance        |   |      | 30,000  |   |      |   | 30,000 |   |
| Smile Train        |   |      | 27,000  |   |      |   | — |   |
| Hawaii             |   |      | — |   |      |   | 16,471 |   |
| KyLinTV            |   |      | 477,213 |   |      |   | 401,485 |   |
|               |   |      | 631,192 |   |      |   | 507,956 |   |

|               |   | March 31, |     |   | December 31, |   |
|--------------------|--------|-----------|----------|--------|--------------|--------|
|               |   | 2010      |     |   | 2009         |   |
|               |   | $         |     |   | $            |   |
|               |   |      |     |   |         |   |   |
| New York Islanders |   |      | (1,035   | )      |         |   | (304 | ) |
| TransVideo         |   |      | (108,651 | )      |         |   | (298,291 | ) |
| KyLinTV            |   |      | 208,050  |   |         |   | 246,992 |   |
|               |   |      | 98,364   |   |         |   | (51,603 |   |

|                                    |   | March 31, |       |   | March 31, |   |
|-----------------------------------------|--------|-----------|------------|--------|-----------|--------|
|                                    |   | 2010      |       |   | 2009      |   |
|                                    |   | $         |       |   | $         |   |
|                                    |   |      |       |   |      |   |   |   |
| Condensed income statement information: |   |      |       |   |      |   |   |   |
|   Net sales                   |   |      | 2,229,078  |   |      |   | 1,955,083 |   |
|   Net loss                    |   |      | (1,862,297 | )      |      |   | (1,480,781 | ) |

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|                                     |   | March 31, |       |   | December 31, |   |
|------------------------------------------|--------|-----------|------------|--------|--------------|--------|
|                                     |   | 2010      |       |   | 2009         |   |
|                                     |   | $         |       |   | $            |   |
|                                     |   |      |       |   |         |   |   |   |
| Condensed balance sheet information:     |   |      |       |   |         |   |   |   |
|   Current assets               |   |      | 10,584,739 |   |         |   | 1,924,891 |   |
|   Non-current assets           |   |      | 890,564    |   |         |   | 913,977 |   |
|   Total assets                 |   |      | 11,475,303 |   |         |   | 2,838,868 |   |
|   Current liabilities          |   |      | 5,948,049  |   |         |   | 15,168,149 |   |
|   Non-current liabilities      |   |      | —    |   |         |   | — |   |
|   Equity (deficiency)          |   |      | 5,527,254  |   |         |   | (12,329,281 | ) |
|   Total liabilities and equity |   |      | 11,475,303 |   |         |   | 2,838,868 |   |

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| Balance Sheet Data:   |                                                                                             |   | Income Statement Data:    |                                                                                                                                                  |
|-----------------------|--------------------------------------------------------------------------------------------------|--------|---------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------|
|                  | March 31,                                                                                        |   |                      |  Three months ended                                                                                                                              |
|                  | 2010                                                                                             |   |                      | March 31, 2010                                                                                                                                        |
|                  | $                                                                                                |   |                      | $                                                                                                                                                     |
| Current assets        |              614,858            |   | Total revenue             |                     875,774                       |
| Long-term assets      |              252,969            |   | Total cost of revenue     |                     369,320                       |
| Current liabilities   |              795,840            |   | Net income for the period |                         4,762 |
| Long-term liabilities |                82,640 |   |                      |                                                                                                                                                  |

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Item 3.            Quantitative and Qualitative Disclosures About Market Risk

Item 4.            Controls and Procedures

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Item 2.  Unregistered Sales of Equity Securities and Use of Proceeds.

Item 6.  Exhibits.

| Exhibit No. |   | Description                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|-------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|        |   |                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 10.1        |   | Contract for Products and Services, dated January 4, 2010, between NeuLion, Inc., NeuLion USA, Inc. and DISH Network L.L.C. (portions of this exhibit have been omitted pursuant to a request for confidential treatment on file with the Securities and Exchange Commission) (incorporated by reference to Exhibit 10.23 to the Company’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission on March 17, 2010) |
|        |   |                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 31.1        | *      | Certification of principal executive officer of the Company, pursuant to Securities Exchange Act Rule 13a-14(a)                                                                                                                                                                                                                                                                                                                                   |
|        |   |                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 31.2        | *      | Certification of principal financial officer of the Company, pursuant to Securities Exchange Act Rule 13a-14(a)                                                                                                                                                                                                                                                                                                                                   |
|        |   |                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 32.1        | *      | Certifications pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of The Sarbanes-Oxley Act of 2002, signed by the principal executive officer of the Company and the principal financial officer of the Company                                                                                                                                                                                                              |

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SIGNATURES

|                          |                                      |   |
|-------------------------------|-------------------------------------------|--------|
|                          | NEULION, INC.                             |   |
|                          |                                      |   |
|                          |                                      |   |
|                          |                                      |   |
| Date:  May 12, 2010 | /s/ Nancy Li                              |   |
|                          | Name:  Nancy Li                 |   |
|                          | Title:  Chief Executive Officer |   |
|                          |                                      |   |
|                          |                                      |   |
|                          |                                      |   |
| Date:  May 12, 2010 | /s/ Arthur J. McCarthy                    |   |
|                          | Name:  Arthur J. McCarthy       |   |
|                          | Title:  Chief Financial Officer |   |

----