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United States

Mood Media Corp (MM.TO)

MM.TO on Toronto Stock Exchange

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26 May 2017
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Wed, May 10 2017

BRIEF-Mood Media reports Q1 total revenues $110.2 million

* Mood Media reports first quarter 2017 financial and operating results achieving revenues of $110.2 million and adjusted ebitda of $20.6 million

BRIEF-Mood Media announces sale of BIS to Econocom

* Mood Media Corp - agreement to sell bis to econocom for $20.2 million in cash less escrow and fees Source text for Eikon: Further company coverage:

BRIEF-Mood media announces update to court proceedings involving its subsidiary Muzak LLC

* Mood media announces update to court proceedings involving its subsidiary muzak llc

BRIEF-Mood Media enters into arrangement agreement with affiliates of several of its key stakeholders

* Mood Media announces acquisition of all outstanding common shares in connection with comprehensive transaction through arrangement agreement with key stakeholders

BRIEF-Mood Media Corp's blended ARPU in Q4 of 2016 was $40.78

* Mood Media reports full year 2016 financial and operating results achieving revenues of $465.3 million and adjusted ebitda of $93.2 million

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