Mood Media Corporation is an international in-store provider of music, digital signage, hold music, on-hold messaging, scent, integrated audio/video, and interactive mobile marketing products. It was founded in 2004, and is based in Austin, Texas. The company provides services to a variety of retailers and other business verticals such as restaurant, financial, healthcare, hospitality and QSR. Mood Media Corporation has expanded its product offerings through acquisitions of Somerset Entertainment in Canada, BIS Group in Europe, and Trusonic, AEI Music Network Inc., Muzak, DMX, Technomedia, and GoConvergence in the United States. Malcolm McRoberts is the CEO of Mood Media Corporation. Company history Mood Media Corporation was founded in 2004, as Fluid Music Canada. It held an initial public offering in June 2008 on the Toronto Stock Exchange. The company offered stock at $2 per share, which subsequently raised $27 million. The company rebranded itself as Mood Media in June 2010, after taking over Europe-based Mood Media Group SA. The company was traded on the Canadian, and European stock exchanges, although it has since been delisted. The company has made a number of acquisitions over the years, expanding its presence across Europe, North America, Asia, Latin America and Australia. According to internal reports, the company reaches 100 million people in 500,000 commercial locations in over 40 countries. In 2017, due to years of losses, the company re-structured its capital structure. The deal resulted in the takeover of the formerly public company by Apollo Global Management and GSO Capital Partners. In October 2017, ARN launched iHeartRadio for business, powered by Mood Media. In July 2020, Mood Media filed for bankruptcy, with the COVID-19 pandemic a major reason for its financial problems. The company emerged from bankruptcy in less than 24 hours due to the agreement of all stakeholders, strong strategic plan, and stable team. Acquisitions Trusonic Fluid Music Canada, Inc. acquired Trusonic Inc. of La Jolla, California on October 17, 2007. Founded in 1999, Trusonic provided commercial music services to companies, and they broadcast over 80 million songs monthly through their proprietary music network. During this period, Mark Elfenbein was the president of Trusonic which became known as Mood Media North America Somerset Entertainment Fluid Music Canada, Inc. announced the completion of its acquisition of Somerset Entertainment on November 25, 2009. The acquisition valued Somerset Entertainment at $53.1 million. Somerset is a producer and distributor of recorded music sold through non-traditional retailers. The