Business
Mood Media Corporation reports significant growth in Revenue and EBITDA
Mood Media Corporation reports significant growth in Revenue and EBITDA
About this update from Maximus Metals, Inc.
[{"type":"text","content":"\n\n\n\n Nov. 1, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nRecord Revenue\n\n\n\nConsolidated revenue of $52.264 M; up 134% over the prior quarter, up\n 3,366% over Q3 2009\n\n\n\nRecord EBITDA\n\n\n\nAdjusted EBITDA of $13.041 M; up 167% over the prior quarter, up 2,351%\n over Q3 2009\n\n\n\nTORONTO, Nov. 1 /CNW/ - Mood Media Corporation (formerly Fluid Music\n Canada, Inc.) (ISIN: CA61534J1057) (TSX:MM / LSE AIM:MM) ("Mood Media"\n or the "Company"), one of the world's leading in-store media solution\n providers, announced today its results for the three and nine months\n ended September 30, 2010.\n\n\nLorne Abony, Chairman and CEO of Mood Media, comments: "We are\n exceptionally pleased with our Q3 results.  We exceeded all\n expectations for the quarter and we think that speaks volumes for the\n strength of our business, our overall strategy and market leadership\n position, the success of our integration, and our potential to build\n upon these results and grow significantly from here. Going forward, we\n look to deliver similar positive results as our integration efforts and\n operational gearing gather further momentum".  \n\n\nOperational Highlights for the Quarter\n\n\n\nIn-store Media division secures new client wins and continues to develop\n new business opportunities\n\n\nRetail P-O-P division expands product range to include PC casual games\n\n\nOperating efficiencies include:\n- Reduction in churn,\n- Cost and revenu...