Mood Media Reports 2012 Revenues of $444 million and EBITDA of $112 million

About this update from Maximus Metals, Inc.

[{"type":"text","content":"\n\n\n\n\n\nTORONTO, March 28, 2013 /CNW/ - Mood Media Corporation (ISIN:\n CA61534J1057) (TSX:MM ) (LSE AIM:MM), one of the world's largest\n integrated providers of in-store customer solutions and experiences, \n today reported its 2012 and fourth quarter financial results for the\n period ended December 31, 2012.\n\n\nThe Company reported revenues of $132 million in the fourth quarter, a\n 51% increase versus the prior year's quarter, driven by acquisitions,\n improvements in recurring revenues in the North America and\n International reporting segments, growth in equipment revenues and\n rising blended ARPU. For 2012, revenues reached $444 million.\n\n\nEBITDA in the fourth quarter remained flat relative to the prior year's\n quarter at $28 million reflecting acquisitions, improvements in\n recurring subscription and equipment revenues, offset by higher content\n expenses as well as lower equipment margins. In 2012, EBITDA increased\n 35% to $112 million.\n\n\nThe Company also announced it is implementing immediately a\n comprehensive operating and productivity program aimed at delivering\n improved business results. The program is designed to enhance the\n Company's efficiency, flexibility and innovation. It will be customer\n facing and will produce streamlined operating capabilities.\n\n\n\"We are incredibly proud of the organization we have built over the last\n two years,\" said Lorne Abony, Chairman and CEO of Mood Media. We have\n all the capabilities to deliver truly outstanding customer experiences\n across a broad range of solutions for our leading clients. The strength\n of our Company's solutions is clearly evident in the continuing\n positive momentum in our customer base in Q4.\"\n\n\n\"While we have made great strides so far, there is room for improvement.\n We are focused on realizing the full potential of the opportunities\n ahead by continuing to accelerate our solutions offering and by\n successfully implementing our operational plans.\"\n\n\nSelected Financial Information \n\n\n\n\n\n\n\n \n\n\nThree months ended\n\n\nYear ended\n\n\n\n\n \n\n\nDecember 31, \n2012\n\n\n  December 31, \n2011\n\n\nDecember 31, \n2012\n\n\n  December 31, \n2011\n\n\n  December 31, \n2010\n\n\n\n\nContinuing operations\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n...

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