Business
Mood Media Q3 Revenue $106.6 M, up 11% over Q2 2011 and up 104% over Q3 2010
Q3 EBITDA $31.1 M up 22% over Q2 2011 and up 131.7% over Q3 2010 TORONTO, Oct. 31, 2011...
About this update from Maximus Metals, Inc.
[{"type":"text","content":"\n\n\n\n\n\nQ3 EBITDA $31.1 M up 22% over Q2 2011 and up 131.7% over Q3 2010\n\n\nTORONTO, Oct. 31, 2011 /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 nine months ended September 30,\n 2011.\n\n\nLorne Abony, Chairman and CEO of Mood Media, commented:\n\n\n\"Our third quarter results are demonstrable proof of our successful\n transformation into a stronger, more profitable in-store media\n business. For the three months ended September 30, 2011, Mood Media\n delivered record Revenue of $106.6 M, up 11% from the previous quarter,\n and record EBITDA of $31.1 M, up 22% from the previous quarter.\n\n\nWe grew our revenue through significant new client wins, including\n Sleepy's, Ecco, Autres, and Lancel, as well as client roll-outs. Mood\n Media also continued to deepen its existing partnerships, enabling the\n expansion of existing clients TopShop and Total into new international\n markets. Our team drove the substantial increase in EBITDA through our\n ongoing, disciplined emphasis on reducing costs in every area of our\n business. We are delighted with our progress and will continue to build\n on our achievements throughout 2011 and beyond.\"\n\n\nMood Media's financial statements and MD&A for the three and nine months\n ended September 30, 2011 have been filed on SEDAR.\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 fash...