Mood Media Completes Acquisition of Muzak

Gail Chiasson, North American Editor

Mood Media Corporation, Toronto, has completed its previously announced acquisition of Muzak Holdings LLC for US$345 million, including net debt repaid on closing.

Mood Media’s acquisition of Muzak, whose suite of brand enhancing music, voice and digital offerings reach more than 100 million people every day, creates a global in-store media provider servicing over 470,000 commercial locations in over 39 countries.

Leave a Reply