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Mood Media To Acquire TSG Media?

There’s a very strong rumour in the UK that Mood Media (and god knows how they can afford to do this) is on the acquisition trail again.

As TSG Media [1] have been touting themselves around for at least a year it’s not too surprising that they are the target. We are told by a reliable source that a deal is imminent.

Mind you, given the rumours we hear about drops in service levels from Mood Media – culminating with several large clients ‘being at risk’ it is a bit surprising that they (Mood) want to buy themselves even more problems. It’s also more debt to add to the pile [2] of course.

2 Comments (Open | Close)

2 Comments To "Mood Media To Acquire TSG Media?"

#1 Comment By John Morgan On 8 March 2012 @ 19:12 @841

It’s simple, Adrian. You merely go out and raise money from new investors in order to pay off the previous investors. There’s a term for that, but it’s slipping my mind…

#2 Comment By Paul Stead On 28 September 2012 @ 13:54 @621

TSG Media is a fiercely independent company which is owned, financed and managed by the shareholders. TSG Media is not being sold to Mood Media.

Paul Stead
Managing Director
tsg – media programming & systems