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Mood Media buys Muzak
By CMU Editorial | Published on Monday 28 March 2011
Mood Media, a Canadian provider of muzak (with a little m) is buying Muzak (with a big M) for $345 million. Once combined, Mood and Muzak will provide music services to some 470,000 commercial outlets in 40 countries.
Both companies provide rights-included soundtracks for shops and such like which don’t require licences from collecting societies.
Mood Media also operate in-store music kiosks, an online service and digital signage.