TORONTO – April 30, 2013 — Mood Media introduced today Mood Presence, a mobile marketing technology that utilizes its vast music network to connect retailers and marketers directly to consumers via smart devices.

Presence is the intelligent network that opens up a world of possibilities by establishing a new channel of personalized marketing. The technology sends an inaudible cue through Mood’s music player and a retailer’s existing sound system. When integrated with a mobile app, the Presence signal is immediately sensed by an iOS or Android device. Once detected, the system establishes a connection, enabling retailers to deliver targeted, relevant content directly to the consumer inside the store.

Mood also announced the release of Explore In-Store, the first Presence product that utilizes the Presence technology. By integrating with any retailer’s app, Explore In-Store marks the latest development of Mood’s interactive mobile marketing solutions.

Explore In-Store recognizes when customers are on location and immediately creates the feeling of a personal VIP connection to the brand through the store’s existing mobile app. The shopping experience is enhanced with targeted content that is immediate and specific to the in-store experience such as exclusive in-store offers and product information. The first of its kind product gives retailers the power to directly combat the practice of showrooming by creating an additional use-case of their own apps and maximizing customer mindshare while in-store.

“Presence technology is all about leveraging our existing network to create greater shopper awareness and drive a higher rate of conversion,” said Lorne Abony, Mood Chairman and CEO. “The Explore In-Store product enables retailers to leverage mobile marketing at the most important point of engagement. If a shopper is checking out your competitor’s website or texting her friends while in your store, it’s more difficult to convert her into a customer, so we want to help our clients get more out of their own apps by delivering relevant, targeted marketing when and where it matters most.”

Mood’s clients have complete control over the content that is displayed with Explore In-Store. And just like with Mood’s digital signage solutions, the content can be updated, targeted and maintained as desired through a simple interface. The back-end of Explore In-Store also provides an interface that produces current and historic data analytics that enable our clients to accelerate their in-store performance.

About Mood Media
Mood Media (TSX:MM / LSE AIM:MM) is the global leader for Experience Design. By integrating media and sensory content, social and mobile applications, and technology-based solutions, we enhance brands and help our clients create powerful connections with their customers.

Mood partners with many of the world’s leading brands across a wide range of industries, including retail, fashion, financial services, hospitality and food service. Serving more than 570,000 commercial locations in 55 countries throughout North America, Europe, Asia, the Middle East and Australia, Mood reaches more than 150 million people every day.

For more information about Mood Media, please visit www.moodmedia.com. Follow us on Twitter https://twitter.com/moodmedia and connect with us on Facebook http://www.facebook.com/moodmedia. 

Media Inquiries:
Sumter Cox
Director of Communications
803 242.9147
*protected email*

Investor Inquiries:
Randal Rudniski
Mood Media Corporation
416 565.9295
*protected email*

For Immediate Release

Mood Media Reports Q1 2013 Revenues of $129 million and EBITDA of $26 million

·         Mood Media Corporation revenues rise by 54% year-over-year to $129 million

·         EBITDA increases 20% to $26 million, reflecting gains in the North American business segment

·         Management re-affirms 2013 guidance

·         Company has entered into a definitive agreement to sell a substantial majority of its retail point-of-purchase assets

TORONTO, Ontario, May 9, 2013 – Mood Media Corporation (ISIN: CA61534J1057) (TSX:MM / LSE AIM:MM), one of the world’s largest integrated providers of in-store customer solutions,  today reported results for the first quarter ended March 31, 2013.

The Company reported revenues of $129 million (a 54% increase versus the prior year’s quarter) and EBITDA of $26 million (a 20% increase versus the prior year’s quarter) driven primarily by acquisitions.

Net loss per share from continuing operations was ($0.03) compared with net income of $0.01 in the prior-year period. Increased losses in the current period were driven by higher deferred income taxes and higher foreign exchange losses from financing transactions, which more than offset the improvement in EBITDA, reduced transaction and restructuring expenses, and lower financial expense.

Mood Media recently announced it has entered into a definitive agreement to dispose of the substantial majority of its retail point-of-sale assets, which had been classified as a discontinued operation earlier in 2012. The sale is subject to regulatory approvals and customary closing conditions.

“We were successful in achieving some important milestones in the quarter,” said Lorne Abony, Chairman and CEO of Mood Media. “These include progress with our integration activities, achievement of our first quarter financial guidance, and the successful resolution of our ownership position in our discontinued operation, Mood Entertainment. These factors bode well for us for the duration of 2013 and 2014.”

 “We are accelerating our efforts to realize on the potential of our asset base by integrating our processes, innovating with our products and realigning our sales activity. We are working hard on executing more quickly and effectively and the results are starting to come through. I am more excited than ever about the opportunities in front of us and I believe the best days are still ahead. “

Pro Forma Key Performance Indicators

Note: the Company has reclassified certain revenue and subscriber data in the current presentation.

On a pro forma basis, reflecting all acquisitions as if they had occurred as of Jan. 1, 2012, revenues declined by 2% year-over-year in the first quarter. Underlying that performance, recurring and visual services revenues were stable in the period, while equipment revenues declined by 18% year over year.

Recurring and royalty revenues in the period were affected by positive trends in several categories within the visual and audio business. However, these positive trends were largely offset by competitive activity in 2012 that carried through to the Q1 2013 performance.

Visual services revenues also remained flat. Visual services revenues represent the Company’s flagship visual operations, and consists primarily of Technomedia and BIS, both of which were acquired in 2012. These businesses do not operate on a subscription revenue model and accordingly have been classified with sale of goods in the Company’s statutory accounts.

Equipment revenues declined in the first quarter of 2013 relative to the prior year’s quarter which is attributable to the normal quarterly variability that is typical for this revenue segment, and also a higher mix of installations that had a lower equipment component associated with it.

Mood Media Corporation

INTERIM CONSOLIDATED STATEMENTS OF INCOME (LOSS)

For the three months ended March 31, 2013

In thousands of US dollars unless otherwise stated

This earnings release, which is current as of May 9, 2013, is a summary of our 2013 first quarter results, and should be read in conjunction with our first quarter 2013 MD&A and our 2013 first quarter Consolidated Financial Statements and Notes thereto and our other recent filings with securities regulatory authorities in Canada and the United Kingdom.

The financial information presented herein has been prepared on the basis of IFRS for interim financial statements and is expressed in United States dollars unless otherwise stated.

This news release includes certain non-IFRS financial measures. Mood Media uses these non-IFRS financial measures as supplemental indicators of its operating performance and financial position. These measures do not have any standardized meanings prescribed by IFRS and therefore may not be comparable to the calculation of similar measures used by other companies, and should not be viewed as alternatives to measures of financial performance calculated in accordance with IFRS.

In this earnings release, the terms “we”, “us”, “our”, “Mood Media” and “the Company” refer to Mood Media Corporation and our subsidiaries.

About Mood Media Corporation

Mood Media Corporation (TSX:MM/ LSE AIM:MM), is one of the world’s largest designers of in-store consumer experiences, including audio, visual, interactive, scent, voice and advertising solutions. Mood Media’s solutions reach over 150 million consumers each day through 570,000 subscriber locations in over 40 countries throughout North America, Europe, Asia and Australia.

Mood Media Corporation’s client base includes more than 850 U.S. and international brands in diverse market sectors that include: retail, from fashion to financial services; hospitality, from hotels to health spas; and food retail, including restaurants, bars, quick-serve and fast casual dining. Our marketing platforms include 77% of the top 100 retailers in the United States and 100% of the top 50 quick-serve and fast-casual restaurant companies.

For further information about Mood Media, please visit www.moodmedia.com.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking statements. The words “believe”, “expect”, “anticipate”, “estimate”, “intend”, “may”, “will”, “would” and similar expressions and the negative of such expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements are subject to important assumptions, including without limitation, expected growth, results of operations, performance, and business prospects and opportunities. While Mood Media considers these factors and assumptions to be reasonable based on information currently available, they may prove to be incorrect.

Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking statements. Such factors include, but are not limited to: the impact of general market, industry, credit and economic conditions, currency fluctuations as well as the risk factors identified in Mood Media’s management discussion and analysis dated May 9, 2013 and Mood Media’s annual information form dated March 28, 2013, both of which are available on www.sedar.com.

Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. All of the forward-looking statements made in this press release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, Mood Media.

Forward-looking statements are given only as at the date hereof and Mood Media disclaims any obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable laws.

Mood Media Corporation presents EBITDA information as a supplemental figure because management believes it provides useful information regarding operating performance. EBITDA is not a recognized measure under International Financial Reporting Standards (“IFRS”), does not have standardized meaning, and is unlikely to be comparable to similar measures used by other companies. Accordingly, investors are cautioned that EBITDA should not be construed as an alternative to net earnings or (loss) determined in accordance with IFRS as an indicator of the financial performance of Mood Media or as a measure of Mood Media’s liquidity and cash flows.

Investor Inquiries:

Randal Rudniski

Mood Media Corporation

Tel: +1 (416) 565 9295

Email: *protected email*

Dominic Morley

Hannah Woodley

Panmure Gordon (UK) Limited

+44 20 7886 2500

North America Media Inquiries

Sumter Cox

Mood Media Corporation

Director of Communications

Tel: +1 (803) 242 9147

TORONTO, Ontario, May 8, 2013 – Mood Media Corporation (ISIN: CA61534J1057) (TSX:MM / LSE AIM:MM), a global leader in creating in-store consumer experiences, today announced it has entered into a definitive agreement to sell a substantial majority of the  retail point-of-purchase assets (the “Transaction”) of its subsidiaries, Mood Media Entertainment Ltd. and Mood Entertainment Inc. (collectively, Mood Entertainment”), to Somerset Group, Ltd.

Mood Entertainment is a producer and distributor of specialty music and DVDs sold to leading retailers and distributors through interactive displays throughout the United States and Canada.

Somerset Group, Ltd. is a subsidiary of Allegro Corporation, dba Allegro Media Group, Allegro Corporation is one of the premier independent media companies in North America with a leading catalog of music and video titles across a broad range of genres.

The Transaction is subject to customary closing conditions, including the receipt of regulatory approvals. The Transaction is expected to close in the second quarter of 2013.  The Transaction does not include certain residual activities of Mood Entertainment, which will be exited following the closing of the Transaction.

About Mood Media Corporation

Mood Media Corporation (TSX:MM/ LSE AIM:MM), is one of the world’s largest designers of in-store consumer experiences, including audio, visual, interactive, scent, voice and advertising solutions. Mood Media’s solutions reach over 150 million consumers each day through 570,000 subscriber locations in over 40 countries throughout North America, Europe, Asia and Australia.

Mood Media Corporation’s client base includes more than 850 U.S. and international brands in diverse market sectors that include: retail, from fashion to financial services; hospitality, from hotels to health spas; and food retail, including restaurants, bars, quick-serve and fast casual dining. Our marketing platforms include 77% of the top 100 retailers in the United States and 100% of the top 50 quick-serve and fast-casual restaurant companies.

For further information about Mood Media, please visit www.moodmedia.com.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking statements. The words “believe”, “expect”, “anticipate”, “estimate”, “intend”, “may”, “will”, “would” and similar expressions and the negative of such expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements are subject to important assumptions, including without limitation, completion of the Transaction. The Transaction may not be completed or may not be completed on the same terms as previously announced. While Mood Media considers these factors and assumptions to be reasonable based on information currently available, they may prove to be incorrect.

Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking statements. Such factors include, but are not limited to: the impact of general market, industry, credit and economic conditions as well as the risk factors identified in Mood Media Corporation’s management discussion and analysis dated March 27, 2013 and Mood Media’s annual information form dated March 28, 2013, both of which are available on www.sedar.com.

Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements.  All of the forward-looking statements made in this press release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, Mood Media Corporation.

Forward-looking statements are given only as at the date hereof and Mood Media Corporation disclaims any obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable laws.

Investor Inquiries

Randal Rudniski

Mood Media Corporation

Tel: +1 (416) 565 9295

Email: *protected email*

Dominic Morley

Hannah Woodley

Panmure Gordon (UK) Limited

+44 020 7886 2500

North America Media Inquiries

Sumter Cox

Mood Media Corporation

Director of Communications
Tel: +1 (803) 242 9147

Participants will include Lorne Abony, Chairman and Chief Executive Officer, and Ben Gujral, Chief Financial Officer.

To participate, please dial 416-764-8649 or toll free at 1-888-396-8064. A replay will be available for one week following the teleconference by dialling 416-764-8691 or toll free at 1-877-674-6060 and entering passcode 906188.

About Mood Media Corporation

Mood Media Corporation (TSX:MM/ LSE AIM:MM), is one of the world’s largest designers of in-store consumer experiences, including audio, visual, interactive, scent, voice and advertising solutions. Mood Media’s solutions reach over 150 million consumers each day through 570,000 subscriber locations in over 40 countries throughout North America, Europe, Asia and Australia.

Mood Media Corporation’s client base includes more than 850 U.S. and international brands in diverse market sectors that include: retail, from fashion to financial services; hospitality, from hotels to health spas; and food retail, including restaurants, bars, quick-serve and fast casual dining. Our marketing platforms include 77% of the top 100 retailers in the United States and 100% of the top 50 quick-serve and fast-casual restaurant companies.

For further information about Mood Media, please visit www.moodmedia.com.

Investor Inquiries

Randal Rudniski

Mood Media Corporation

Tel: +1 (416) 565 9295

Email: *protected email*

Dominic Morley

Hannah Woodley

Panmure Gordon (UK) Limited

+44 020 7886 2500

North America Media Inquiries

Sumter Cox

Mood Media Corporation

Director of Communications
Tel: +1 (803) 242 9147

TORONTO – April 30, 2013 — Mood Media introduced today Mood Presence, a mobile marketing technology that utilizes its vast music network to connect retailers and marketers directly to consumers via smart devices.

Presence is the intelligent network that opens up a world of possibilities by establishing a new channel of personalized marketing. The technology sends an inaudible cue through Mood’s music player and a retailer’s existing sound system. When integrated with a mobile app, the Presence signal is immediately sensed by an iOS or Android device. Once detected, the system establishes a connection, enabling retailers to deliver targeted, relevant content directly to the consumer inside the store.

Mood also announced the release of Explore In-Store, the first Presence product that utilizes the Presence technology. By integrating with any retailer’s app, Explore In-Store marks the latest development of Mood’s interactive mobile marketing solutions.

Explore In-Store recognizes when customers are on location and immediately creates the feeling of a personal VIP connection to the brand through the store’s existing mobile app. The shopping experience is enhanced with targeted content that is immediate and specific to the in-store experience such as exclusive in-store offers and product information. The first of its kind product gives retailers the power to directly combat the practice of showrooming by creating an additional use-case of their own apps and maximizing customer mindshare while in-store.

“Presence technology is all about leveraging our existing network to create greater shopper awareness and drive a higher rate of conversion,” said Lorne Abony, Mood Chairman and CEO. “The Explore In-Store product enables retailers to leverage mobile marketing at the most important point of engagement. If a shopper is checking out your competitor’s website or texting her friends while in your store, it’s more difficult to convert her into a customer, so we want to help our clients get more out of their own apps by delivering relevant, targeted marketing when and where it matters most.”

Mood’s clients have complete control over the content that is displayed with Explore In-Store. And just like with Mood’s digital signage solutions, the content can be updated, targeted and maintained as desired through a simple interface. The back-end of Explore In-Store also provides an interface that produces current and historic data analytics that enable our clients to accelerate their in-store performance.

About Mood Media
Mood Media (TSX:MM / LSE AIM:MM) is the global leader for Experience Design. By integrating media and sensory content, social and mobile applications, and technology-based solutions, we enhance brands and help our clients create powerful connections with their customers.

Mood partners with many of the world’s leading brands across a wide range of industries, including retail, fashion, financial services, hospitality and food service. Serving more than 570,000 commercial locations in 55 countries throughout North America, Europe, Asia, the Middle East and Australia, Mood reaches more than 150 million people every day.

For more information about Mood Media, please visit www.moodmedia.com. Follow us on Twitter @moodmedia and connect with us on Facebook http://www.facebook.com/moodmedia.

Media Inquiries:
Sumter Cox
Director of Communications
803 242.9147
*protected email*

Investor Inquiries:
Randal Rudniski
Mood Media Corporation
416 565.9295
*protected email*

MOOD MEDIA ESTABLISHES 2013 FINANCIAL GUIDANCE

Provides Select Preliminary Financial Results for First Quarter of 2013

 TORONTO, Ontario, April 9, 2013, Mood Media Corporation (ISIN: CA61534J1057) (TSX: MM / LSE AIM: MM) (“Mood Media” or the “Company”) today announced financial guidance for 2013 and provided an update on progress to date regarding its previously announced operating and productivity program.

 “Mood Media remains a strong and competitive business and our team is laser-focused on executing our strategy to build best-in-class solutions that will allow us to achieve organic growth, reduce expenses and deliver shareholder value,” said Lorne Abony, Chairman and CEO of Mood Media.  “Through recent strategic acquisitions, we have built an asset base with outstanding services capabilities and a broad geographic footprint.  We have also created tremendous opportunities to cross-sell our services that we believe will generate robust revenue growth and significant cost savings synergies.

“We are encouraged by our progress in integrating these acquisitions and continue to believe that we are well positioned to deliver new and innovative services that will create compelling customer connections and sustainable improvements to our operating and financial results. We are also pleased with our ability to sustain momentum in our audio business consistent with positive trends that emerged in 2012.  While we are experiencing a longer-than-expected timeline to consolidate our operations as competition law considerations delayed our integration planning, at the same time we are seeing a slight decrease in capital expenditures, and significantly lower restructuring and transaction expenses.  We expect to realize approximately $7 million in synergies in 2013 that were executed in 2012.  While we may realize additional synergies by the end of 2013, we are taking a prudent and conservative approach to their implementation and the impact on our financial forecast,” Abony continued.

 Full Year 2013 Financial Outlook

For the full year 2013 ending December 31, 2013, the Company expects to report:

•  Revenue in the range of $545 million to $560 million;
• Adjusted EBITDA in the range of $120 to $125 million; and
• Approximately $7 million in synergies stemming from integration activities that were completed in 2012.

The Company’s anticipated financial and operational performance has largely been impacted by the extended timeline for integration of acquisitions effected in 2012 as competition law considerations delayed integration planning.  These delays led to:

•  Slower than anticipated realization of the strategic and financial benefits of acquisitions, including headcount reduction and enhanced efficiencies; and
• Delay in combining the product offerings of newly acquired companies with the existing product offerings of the Company and its subsidiaries.
• Additionally, the Company expects to face continued headwinds in equipment sales and margins, similar to those experienced in the fourth quarter of 2012.

Charts detailing the EBITDA reconciliation between 2012 results and 2013 guidance, as well as between 2012 covenant EBITDA results and the outlook for 2013 covenant EBITDA are included at the end of this release. 

In the Company’s view there are no concerns regarding covenants or concerns with respect to any accounting matters. In addition, Mood Media reiterates that no covenant compliance or accounting concerns were identified in the Company’s recent 2012 full year audit performed by Ernst and Young.  The Company maintains more than adequate liquidity with a $25 million undrawn revolving credit facility and $46 million in unrestricted cash on hand and its operations, which generate positive cash flow and are expected to continue to do so.

Preliminary First Quarter 2013 Results

The Company also reported select preliminary financial results for the first quarter of 2013, which are subject to change pending the expected full release of first quarter results on May 9, 2013:

•  Revenue is expected to be in the range of $125 million to $135 million; and
• Adjusted EBITDA is expected to be in the range of $25 million to $27 million, before one-time costs.

The Company noted that its revenue and adjusted EBITDA guidance for the first quarter reflect seasonality pertaining to customer installations, which typically produce lower quarterly performance than is produced during the remainder of the fiscal year.

Continuing to Make Progress on Operating and Productivity Program

The Company continues to execute the operating and productivity plan announced on March 28, 2013. The successful execution of the plan, which focuses on enhancing efficiencies, flexibility and innovation, is expected to result in $15 million to $20 million in synergies from the integration of the Company’s recent acquisitions. This customer-facing program is expected to produce streamlined operating capabilities through:

•  Consolidating network and IT infrastructure, which is expected to lead to accelerated product development and lower costs;
• Improving sales effectiveness and efficiencies;
• Leveraging the Company’s greater economies of scale in procurement;
• Consolidating certain back-office functions;
• Integrating real estate holdings; and
• Improving overall operating efficiency and effectiveness.

On April 4, 2013 the Board of Directors and senior management announced the initiation of a process to identify and consider a range of operational, financial and strategic alternatives to enhance shareholder value.  These alternatives could include, among other things, enhancing the Company’s existing strategic plan, a strategic combination with a third party or a potential sale of the Company.

The Company stated that it was not currently in discussions with any particular party and that no decision has been made on the strategic alternatives process.  There can be no assurance that the Board’s exploration of alternatives will result in any transaction being pursued, entered into or consummated. Mood Media does not intend to discuss or disclose developments with respect to this process until the Board has approved a definitive course of action.

 About Mood Media Corporation

Mood Media Corporation (TSX:MM/ LSE AIM:MM), is one of the world’s largest designers of in-store consumer experiences, including audio, visual, interactive, scent, voice and advertising solutions. Mood Media’s solutions reach over 150 million consumers each day through 560,000 subscriber locations in over 40 countries throughout North America, Europe, Asia and Australia.

Mood Media Corporation’s client base includes more than 850 U.S. and international brands in diverse market sectors that include: retail, from fashion to financial services; hospitality, from hotels to health spas; and food retail, including restaurants, bars, quick-serve and fast casual dining. Our marketing platforms include 77% of the top 100 retailers in the United States and 100% of the top 50 quick-serve and fast-casual restaurant companies.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking statements. The words “believe”, “expect”, “anticipate”, “estimate”, “intend”, “may”, “will”, “would” and similar expressions and the negative of such expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements are subject to important assumptions, including without limitation, expected growth, results of operations, performance, business prospects and strategic opportunities, including the consummation of a strategic transaction or other arrangement with Mood Media Entertainment. While Mood Media considers these factors and assumptions to be reasonable based on information currently available, they may prove to be incorrect.  Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking statements. Such factors include, but are not limited to: the impact of general market, industry, credit and economic conditions, currency fluctuations as well as the risk factors identified in Mood Media’s management discussion and analysis dated March 28, 2013 and Mood Media’s annual information form dated March 28, 2013, both of which are available on www.sedar.com.  Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. In particular, and without limiting the generality of the foregoing, there can be no assurance that the board of directors will determine to pursue any particular operational, financial or strategic alternative, or should they determine to pursue such an alternative, whether same will result in any particular transaction being entered into or consummated, or the terms or results thereof.  All of the forward-looking statements made in this press release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, Mood Media.  Forward-looking statements are given only as at the date hereof and Mood Media disclaims any obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable laws.

Mood Media presents EBITDA information as a supplemental figure because management believes it provides useful information regarding operating performance. EBITDA is not a recognized measure under International Financial Reporting Standards (“IFRS”), does not have standardized meaning, and is unlikely to be comparable to similar measures used by other companies. Accordingly, investors are cautioned that EBITDA should not be construed as an alternative to net earnings or (loss) determined in accordance with IFRS as an indicator of the financial performance of Mood Media or as a measure of Mood Media’s liquidity and cash flows.

Contact:

Randal Rudniski
Mood Media Corporation
Tel: +1 (416) 565 9295
Email: *protected email*

Steve Frankel / Jennifer Beugelmans / Joseph Sala
Joele Frank, Wilkinson Brimmer Katcher
Tel: +1 (212) 355 4449

The Board has formed a strategic review committee comprised of independent directors Harvey Solursh (committee Chairman), Justin Beckett and Richard Weil to oversee the review process.  At the direction of the Board, Mood Media has engaged Credit Suisse Securities (USA) LLC and Morgan Stanley & Co. LLC as its financial advisors in connection with the review process.  While the Board has previously received unsolicited expressions of interest in relation to various potential strategic transactions from time to time, it is not currently in discussions with any particular party. 

While undertaking this process, the Board and senior management team remain highly focused on executing the Company’s long-term operational plan, including among other initiatives the integration and realization of the strategic and financial benefits of the acquisitions completed over the past two years.

The Company stated that there can be no assurance that the Board’s exploration of strategic alternatives will result in any transaction being pursued, entered into or consummated.  Mood Media does not intend to discuss or disclose developments with respect to this process until the Board has approved a definitive course of action.

About Mood Media Corporation

Mood Media Corporation (TSX:MM/ LSE AIM:MM), is one of the world’s largest designers of in-store consumer experiences, including audio, visual, interactive, scent, voice and advertising solutions. Mood Media’s solutions reach over 150 million consumers each day through 560,000 subscriber locations in over 40 countries throughout North America, Europe, Asia and Australia.

Mood Media Corporation’s client base includes more than 850 U.S. and international brands in diverse market sectors that include: retail, from fashion to financial services; hospitality, from hotels to health spas; and food retail, including restaurants, bars, quick-serve and fast casual dining. Our marketing platforms include 77% of the top 100 retailers in the United States and 100% of the top 50 quick-serve and fast-casual restaurant companies.

 Cautionary Statement Regarding Forward-Looking Statements

 This press release contains forward-looking statements. The words “believe”, “expect”, “anticipate”, “estimate”, “intend”, “may”, “will”, “would” and similar expressions and the negative of such expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements are subject to important assumptions, including without limitation, expected growth, results of operations, performance, and business prospects and opportunities. While Mood Media considers these factors and assumptions to be reasonable based on information currently available, they may prove to be incorrect.  Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking statements. Such factors include, but are not limited to: the impact of general market, industry, credit and economic conditions, currency fluctuations as well as the risk factors identified in Mood Media’s management discussion and analysis dated March 28, 2013 and Mood Media’s annual information form dated March 28, 2013, both of which are available on www.sedar.com.  Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. In particular, and without limiting the generality of the foregoing, there can be no assurance that the board of directors will determine to pursue any particular operational, financial or strategic alternative, or should they determine to pursue such an alternative, whether same will result in any particular transaction being entered into or consummated, or the terms or results thereof.  All of the forward-looking statements made in this press release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, Mood Media.  Forward-looking statements are given only as at the date hereof and Mood Media disclaims any obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable laws.

 Contact:

Randal Rudniski
Mood Media Corporation
Tel: +1 (416) 565 9295
Email: *protected email*

Steve Frankel / Jennifer Beugelmans / Joseph Sala
Joele Frank, Wilkinson Brimmer Katcher
Tel: +1 (212) 355 4449

TORONTO, Ontario, March 28, 2013 – Mood Media Corporation (ISIN: CA61534J1057) (TSX:MM / LSE AIM:MM), one of the world’s largest integrated providers of in-store customer solutions and experiences, today reported its 2012 and fourth quarter financial results for the period ended December 31, 2012.

The Company reported revenues of $132 million in the fourth quarter, a 51% increase versus the prior year’s quarter, driven by acquisitions, improvements in recurring revenues in the North America and International reporting segments, growth in equipment revenues and rising blended ARPU. For 2012, revenues reached $444 million.
EBITDA in the fourth quarter remained flat relative to the prior year’s quarter at $28 million reflecting acquisitions, improvements in recurring subscription and equipment revenues, offset by higher content expenses as well as lower equipment margins. In 2012, EBITDA increased 35% to $112 million.

The Company also announced it is implementing immediately a comprehensive operating and productivity program aimed at delivering improved business results. The program is designed to enhance the Company’s efficiency, flexibility and innovation. It will be customer facing and will produce streamlined operating capabilities.

“We are incredibly proud of the organization we have built over the last two years,” said Lorne Abony, Chairman and CEO of Mood Media. We have all the capabilities to deliver truly outstanding customer experiences across a broad range of solutions for our leading clients. The strength of our Company’s solutions is clearly evident in the continuing positive momentum in our customer base in Q4.”

“While we have made great strides so far, there is room for improvement. We are focused on realizing the full potential of the opportunities ahead by continuing to accelerate our solutions offering and by successfully implementing our operational plans.”

This earnings release, which is current as of March 28, 2013, is a summary of our 2012 annual and fourth quarter results, and should be read in conjunction with our 2012 MD&A and our 2012 Audited Annual Consolidated Financial Statements and Notes thereto and our other recent filings with securities regulatory authorities in Canada and the United Kingdom.

The financial information presented herein has been prepared on the basis of IFRS for interim financial statements and is expressed in United States dollars unless otherwise stated.

This news release includes certain non-IFRS financial measures. Mood Media uses these non-IFRS financial measures as supplemental indicators of its operating performance and financial position. These measures do not have any standardized meanings prescribed by IFRS and therefore may not be comparable to the calculation of similar measures used by other companies, and should not be viewed as alternatives to measures of financial performance calculated in accordance with IFRS.

In this earnings release, the terms “we”, “us”, “our”, “Mood Media” and “the Company” refer to Mood Media Corporation and our subsidiaries.

About Mood Media Corporation
Mood Media Corporation (TSX:MM/ LSE AIM:MM), is one of the world’s largest designers of in-store consumer experiences, including audio, visual, interactive, scent, voice and advertising solutions. Mood Media’s solutions reach over 150 million consumers each day through 570,000 subscriber locations in over 40 countries throughout North America, Europe, Asia and Australia.

Mood Media Corporation’s client base includes more than 850 U.S. and international brands in diverse market sectors that include: retail, from fashion to financial services; hospitality, from hotels to health spas; and food retail, including restaurants, bars, quick-serve and fast casual dining. Our marketing platforms include 77% of the top 100 retailers in the United States and 100% of the top 50 quick-serve and fast-casual restaurant companies.
For further information about Mood Media, please visit www.moodmedia.com.

Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements. The words “believe”, “expect”, “anticipate”, “estimate”, “intend”, “may”, “will”, “would” and similar expressions and the negative of such expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements are subject to important assumptions, including without limitation, expected growth, results of operations, performance, and business prospects and opportunities. While Mood Media considers these factors and assumptions to be reasonable based on information currently available, they may prove to be incorrect.

Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking statements. Such factors include, but are not limited to: the impact of general market, industry, credit and economic conditions, currency fluctuations as well as the risk factors identified in Mood Media’s management discussion and analysis dated March 28, 2013 and Mood Media’s annual information form dated March 28, 2013, both of which are available on www.sedar.com.

Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. All of the forward-looking statements made in this press release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, Mood Media.

Forward-looking statements are given only as at the date hereof and Mood Media disclaims any obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable laws.

Mood Media Corporation presents EBITDA information as a supplemental figure because management believes it provides useful information regarding operating performance. EBITDA is not a recognized measure under International Financial Reporting Standards (“IFRS”), does not have standardized meaning, and is unlikely to be comparable to similar measures used by other companies. Accordingly, investors are cautioned that EBITDA should not be construed as an alternative to net earnings or (loss) determined in accordance with IFRS as an indicator of the financial performance of Mood Media or as a measure of Mood Media’s liquidity and cash flows.

Investor Inquiries:
Randal Rudniski
Mood Media Corporation
Tel: +1 (416) 565 9295
Email: *protected email*

Dominic Morley
Hannah Woodley
Panmure Gordon (UK) Limited
+44 20 7886 2500

North America Media Enquiries
Sumter Cox
Mood Media Corporation
Director of Communications
Tel: +1 (803) 242 9147

Participants will include Lorne Abony, Chairman and Chief Executive Officer, and Ben Gujral, Chief Financial Officer.

To participate, please dial 416-764-8646 or toll free at 1-888-396-8049. A replay will be available for one week following the teleconference by dialling 416-764-8691 or toll free at 1-877-674-6060 and entering passcode 296386.

About Mood Media Corporation

Mood Media Corporation (TSX:MM/ LSE AIM:MM), is one of the world’s largest designers of in-store consumer experiences, including audio, visual, interactive, scent, voice and advertising solutions. Mood Media’s solutions reach over 150 million consumers each day through 560,000 subscriber locations in over 40 countries throughout North America, Europe, Asia and Australia.

Mood Media Corporation’s client base includes more than 850 U.S. and international brands in diverse market sectors that include: retail, from fashion to financial services; hospitality, from hotels to health spas; and food retail, including restaurants, bars, quick-serve and fast casual dining. Our marketing platforms include 77% of the top 100 retailers in the United States and 100% of the top 50 quick-serve and fast-casual restaurant companies.

For further information about Mood Media, please visit www.moodmedia.com.

Investor Inquiries

Randal Rudniski
Mood Media Corporation
Tel: +1 (416) 565 9295
Email: *protected email*

Dominic Morley
Hannah Woodley
Panmure Gordon (UK) Limited
+44 020 7886 2500

North America Media Inquiries
Sumter Cox
Mood Media Corporation
Director of Communications
Tel: +1 (803) 242 9147

For the word “Muzak,” the long elevator ride is finally over.

Jennifer S. Altman for The New York Times

Lorne Abony, the chief executive of Mood Media, which is consolidating its so-called sensory marketing services under a single brand, Mood.