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Mood Media Completes Arrangement and Domestication to Delaware
AUSTIN, Texas--(BUSINESS WIRE)-- Mood Media Corporation (TSX:MM) (“Mood Media”, the “Company” or “Mood”) is pleased to announce that it has successfully completed its previously announced plan of arrangement under the Canada Business Corporations Act (the “Arrangement”) with affiliates of several of its key stakeholders, including an affiliate of certain funds managed by affiliates of Apollo Global Management, LLC (NYSE:APO) and funds advised or sub-advised by GSO / Blackstone Debt Funds Management LLC or its affiliates (including fun...
Mood Media Launches New Global Study, “The State of Brick & Mortar: ...
AUSTIN, Texas--(BUSINESS WIRE)-- Mood Media (TSX:MM), the global leader in elevating Customer Experiences, today launched its new global study, “The State of Brick & Mortar: 2017,” which reveals consumer insights around the importance of in-store Customer Experience as well as in-store shopping behaviors. This unprecedented quantitative study is based on a survey of more than 11,000 consumers in nine countries across the globe, including Australia, China, France, Germany, the Netherlands, Russia, Spain, the United Kingdom and the Unit...
Mood Media Securityholders Overwhelmingly Approve Proposed Arrangement...
AUSTIN, Texas--(BUSINESS WIRE)-- Mood Media Corporation (TSX:MM) (“Mood Media”, the “Company” or “Mood”) is pleased to announce that holders of the common shares of the Company (the “Shareholders”) and holders of the 9.25% senior unsecured notes due 2020 of the Company (the “Noteholders”, and with the Shareholders, the “Securityholders”) both overwhelmingly voted to approve the Company’s previously announced plan of arrangement under the Canada Business Corporations Act (the “Arrangement”) with affiliates of several of its key stakeho...
Mood Media Corporation Completes Sale of BIS to Econocom
AUSTIN, Texas--(BUSINESS WIRE)-- Mood Media Corporation (“Mood Media,” “Mood” or “the Company”) (TSX:MM), the global leader in elevating Customer Experiences, today announced that it has completed its previously announced sale of BIS to digital transformation design company, Econocom. BIS is a European leader in Audio/Visual, Video and ICT integration that specializes in AV and ICT solutions, conference systems, digital signage and room management. As previously announced, the proceeds from the sale are $20.2 million in cash ...
Mood Media Reports First Quarter 2017 Financial and Operating Results ...
TORONTO--(BUSINESS WIRE)-- Mood Media Corporation (“Mood Media,” “Mood” or the “Company”) (TSX:MM), the global leader in elevating Customer Experiences, today reported its first quarter 2017 results. Recent Highlights Mood reported revenues of $110.2 million in the first quarter of 2017, down 1.0% relative to the prior year. Underlying revenues, which exclude the effect of foreign exchange translation and asset divestitures, increased by $1.5 million on a year-over-year basis, or 1.4%. In the ...
Mood Media Corporation Announces Sale of BIS to Econocom
AUSTIN, Texas--(BUSINESS WIRE)-- Mood Media Corporation (“Mood Media,” “Mood” or “the Company”) (TSX: MM) today announced an agreement to sell BIS to digital transformation design company, Econocom, for $20.2 million in cash less escrow and fees. BIS, a European leader in Audio/Visual, Video and ICT integration, specializes in AV and ICT solutions, conference systems, digital signage and room management. The transaction serves to further advance Mood Media’s transformation by continuing to streamline its portfolio and operations. Comp...
Mood Media Announces Update to Court Proceedings Involving Its Subsidi...
AUSTIN, Texas--(BUSINESS WIRE)-- Mood Media Corporation (TSX:MM) (the “Company” or “Mood”) announces an update to the proceedings in the United States Court of Appeals for the District of Columbia Circuit (the “Appeals Court”) involving its wholly-owned subsidiary Muzak LLC (“Muzak”). On April 25, 2017, the Appeals Court issued a decision in connection with the appeal filed by SoundExchange, Inc. (“SoundExchange”) of the decision of the United States District Court for the District of Columbia (the “Lower Court”) regarding th...
Mood Media to Host Conference Call on May 11, 2017 to Discuss First Qu...
TORONTO--(BUSINESS WIRE)-- Mood Media Corporation (ISIN: CA61534J1057) (TSX:MM) (“Mood Media” or the “Company”), will hold its conference call to discuss its first quarter 2017 financial results with the investment community on Thursday, May 11, at 8:30 a.m. EDT. Participants will include Steve Richards, President and Chief Executive Officer; Tom Garrett, Executive Vice President and Chief Financial Officer; and Ken Eissing, President of In-Store Media. To participate, please dial 416-764-8658 or toll free at 1-888-8...
Mood Media Announces Acquisition of All Outstanding Common Shares in C...
AUSTIN, Texas--(BUSINESS WIRE)-- Mood Media Corporation (TSX:MM) (“Mood Media”, the “Company” or “Mood”) is pleased to announce that it has entered into an arrangement agreement (the “Arrangement Agreement”) with affiliates of several of its key stakeholders, including an affiliate of certain funds managed by affiliates of Apollo Global Management, LLC (together with its consolidated subsidiaries, “Apollo”) (NYSE:APO) and funds advised or sub-advised by GSO Capital Partners LP or its affiliates (GSO Capital Partners LP, together with ...
Mood Media Reports Full Year 2016 Financial and Operating Results Achi...
TORONTO--(BUSINESS WIRE)-- Mood Media Corporation (“Mood Media,” “Mood” or the “Company”) (TSX:MM), the global leader in elevating Customer Experiences, today reported its 2016 results and provided an update on the Company’s progress executing against its strategic and operational plans. Recent Highlights Mood reported revenues of $465.3 million in 2016, down 2.1% relative to the prior year. Underlying revenues, which exclude the effect of foreign exchange translation and asset divestitures, declined by ...
YETI Partners with Mood Media to Shape Revolutionary Customer Experien...
AUSTIN, Texas--(BUSINESS WIRE)-- At a time when the staying power of brick-and-mortar stores faces a crossroads, YETI, the leading premium cooler and drinkware brand, has unveiled its first flagship store, a one-of-a-kind retail environment that reflects the unique experience YETI customers bring to and expect from the iconic brand. Known for its loyal fan base of outdoor enthusiasts, hunters, anglers, pit masters and ranchers, YETI brought in fellow Austin-based Mood Media, the world leader in elevating customer experiences, to help ...
Mood Media to Host Conference Call on March 10, 2017 to Discuss Fourth...
TORONTO--(BUSINESS WIRE)-- Mood Media Corporation (ISIN: CA61534J1057) (TSX:MM) (“Mood Media” or the “Company”), will hold its conference call to discuss its fourth quarter 2016 financial results with the investment community on Friday March 10, at 8:30 a.m. EST. Participants will include Steve Richards, President and Chief Executive Officer; Tom Garrett, Executive Vice President and Chief Financial Officer; and Ken Eissing, President of In-Store Media. To participate, please dial 416-764-8658 or toll free at 1-888-8...
Ford Equity International Rating and Forecast Report
Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind...
Mood Media Announces Amendment to Credit Agreement
TORONTO--(BUSINESS WIRE)-- Mood Media Corporation (TSX:MM) (“Mood Media” or the “Company”), announced that effective today it has entered into the First Amendment to Credit Agreement (the “Amendment”) which amends its Credit Agreement, dated as of May 1, 2014, among Mood Media Corporation, the guarantors thereto, Credit Suisse AG, as administrative agent and a syndicate of lenders. The primary modifications to the Credit Agreement implemented by the Amendment are: Elimination of the provision that per...
GoConvergence Wins Six Travel Weekly 2016 Magellan Awards
ORLANDO, Fla.--(BUSINESS WIRE)-- GoConvergence (GOCO), the creative division of Mood Media, announced that it has been awarded six Travel Weekly 2016 Magellan Awards. The awards recognize GOCO’s creative and strategic role on multiple campaigns that included TV commercials and digital marketing content. For the award-winning campaigns, GOCO and its partners at Atlantis® Paradise Island, Bahamas and Nassau Paradise Island Promotion Board developed and executed engaging content, including cross-channel advertisements and broadc...
Mood Media Reports Third Quarter 2016 Adjusted EBITDA of $22.3 Million
TORONTO--(BUSINESS WIRE)-- Mood Media Corporation (“Mood Media,” “Mood” or “the Company”) (TSX:MM), the global leader in elevating Customer Experiences, today reported results for its third quarter of 2016 and provided an update on the Company’s progress executing against its strategic and operational plans. Recent Highlights In the third quarter of 2016, Mood reported revenues of $113.9 million, down 3.6% relative to the prior year’s third quarter. Underlying revenues declined by $2.6 million on a year-...
Mood Media Sight Solutions Now Available via Samsung Smart Signage Pla...
AUSTIN, Texas--(BUSINESS WIRE)-- Mood Media Corporation is pleased to announce that Mood’s MVision digital signage software is now available on the Samsung SMART Signage Platform (SSP). The integrated platform eliminates the need for an external media player device, creating a more efficient and cost-effective implementation process. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161006005231/en/ An image to showcase what Mood's customized content solutions can look li...
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