Mood Media
Encyclopedia
Mood Media Corporation formerly known as Fluid Music Canada Inc., is a music delivery company. Their services include both in-store media (music, video, and scent) as well as in-store kiosks. They market their products through wholly owned operating subsidiaries, Mood Media, Trusonic and Somerset Entertainment. Lorne Abony
is the CEO & Chairman.
Fluid Music had their Initial public offering
in June 2008, on the Toronto Stock Exchange raising $27 million.
In the UK the company produces and broadcasts the in-store "Co-operative Radio" for The Co-operative Group
The company is not associated with Fluid Music Ltd in the UK, a music production company for television and online media.
Fluid announced the completion of its acquisition of Somerset on November 25, 2009 . The acquisition valued Somerset Entertainment at $53.1 million dollars.
Provides commercial music services to companies like Office Depot, JCPenney, and Panda Express. They broadcast over 80 million songs monthly through their proprietary music network. In addition to its licenses with major record labels, Trusonic's data base contains over 1.5 million emerging artist tracks..
Fluid Music acquired Trusonic Inc. of La Jolla, Calif. on November 1, 2008.
Lorne Abony
Lorne Abony is a Canadian businessman. He is Chairman and CEO of Mood Media Corporation a public company listed on the Toronto Stock Exchange and the London Stock Exchange. Mr. Abony has been instrumental in the founding of a number of media ventures...
is the CEO & Chairman.
Fluid Music had their Initial public offering
Initial public offering
An initial public offering or stock market launch, is the first sale of stock by a private company to the public. It can be used by either small or large companies to raise expansion capital and become publicly traded enterprises...
in June 2008, on the Toronto Stock Exchange raising $27 million.
In the UK the company produces and broadcasts the in-store "Co-operative Radio" for The Co-operative Group
The Co-operative Group
The Co-operative Group Ltd. is a United Kingdom consumer cooperative with a diverse range of business interests. It is co-operatively run and owned by its members. It is the largest organisation of this type in the world, with over 5.5 million members, who all have a say in how the business is...
The company is not associated with Fluid Music Ltd in the UK, a music production company for television and online media.
Somerset Entertainment
Somerset is a producer and distributor of specialty music sold through non-traditional retailers. Somerset has a network of over 28,000 interactive displays in 18,500 locations in more than 20 countries, the type where customers push a button to listen to a CD in a kiosk. In 2007, Somerset sold over 16 million records and recorded revenue of $90.6 million and EBITDA of $20.5 million . Somerset employs over 180 employees and has offices in Toronto, ON, Buffalo Grove, IL, Minneapolis, MN and Essex, UK.Fluid announced the completion of its acquisition of Somerset on November 25, 2009 . The acquisition valued Somerset Entertainment at $53.1 million dollars.
Trusonic
Founded in 1999, TrusonicTrusonic
Mood Media North America is a commercial music company and a wholly owned subsidiary of Mood Media Corporation. Founded originally in 1999 as a small business unit SBU of the now defunct MP3.com, Trusonic provided background music to businesses...
Provides commercial music services to companies like Office Depot, JCPenney, and Panda Express. They broadcast over 80 million songs monthly through their proprietary music network. In addition to its licenses with major record labels, Trusonic's data base contains over 1.5 million emerging artist tracks..
Fluid Music acquired Trusonic Inc. of La Jolla, Calif. on November 1, 2008.