Business
Mood Media Corporation ends landmark 2011 year with strong Q4 year-over-year Revenue and EBITDA growth
Record Q4 Revenue of $102.2m; up 88% from prior year Record Q4 Adjusted EBITDA o...
About this update from Maximus Metals, Inc.
[{"type":"text","content":"\n\n\n\n\n\n\n\n\nRecord Q4 Revenue of $102.2m; up 88% from prior year\n\n\nRecord Q4 Adjusted EBITDA of $34.1m; up 117% from prior year\n\n\nTORONTO, March 5, 2012 /CNW/ - Mood Media Corporation (ISIN:\n CA61534J1057) (TSX:MM / LSE AIM:MM) (\"Mood Media\" or the \"Company\"),\n one of the world's leading in-store media solution providers, announced\n today its results for the three and twelve months ended December 31,\n 2011.\n\n\nLorne Abony, Chairman and CEO of Mood Media, comments:\n\n\n\"Mood's exceptional Q4 and full year results, announced today, speak to\n the strength of Mood's underlying business model and reflect Mood's\n commitment to growth.   In 2011, Mood continued to establish new\n relationships with new clients, such as Clear Channel, Gucci, and H&R\n Block, and enhance and strengthen its relationships with existing\n partners, including McDonalds, Dillard's, and Sports Authority.\n\n\nMoreover, 2011 marked Mood's emergence as the global in-store media\n leader.  Mood accelerated its transformation of the in-store media\n marketplace with innovative new products, better and more efficient\n distribution platforms, and a renewed focus on operational excellence. \n Building on our momentum from 2011, we believe that the growth\n prospects for 2012 are deeply compelling.   2011 was an unprecedented\n year for Mood Media and we look forward towards a bright future.\"\n\n\nAbout Mood Media Corporation \n\n\nMood Media Corporation (TSX:MM/ LSE AIM:MM), named Canada's fastest\n growing company by PROFIT Magazine is a leading in-store media\n specialist that uses a mix of music, visual and scent media to help its\n clients communicate with consumers with a view to driving incremental\n sales at the point-of-purchase.\n\n\nOperating through its two principal divisions, In-Store Media and Retail\n Point-of-Purchase, Mood Media Corporation works with over 470,000\n commercial locations in over 40 countries throughout North America,\n Europe, Asia and Australia.\n\n\nThrough its subsidiaries Mood Media, Muzak, and Mood Entertainment, Mood\n Media Corporation's products and services reach 100 million people\n every day in a broad client base including more than 850 U.S. and\n international brands in diverse market sectors that include: retail,\n from fashion to financial services;...