Muzak Owner Mood Media Restructures $400MM In Debt, Emerges from Bankruptcy
Last month, Digital Music News was first to report that Mood Media, the owner of background ‘elevator music’ mainstay Muzak, had filed for Chapter 11 bankruptcy. Now, the Austin-based entity has restructured $404 million in debt, emerged from its bankruptcy proceedings, and unveiled a comprehensive customer service revamp, Mood Reimagined. Mood Media officials recently announced … Continue reading Muzak Owner Mood Media Restructures $400MM In Debt, Emerges from Bankruptcy
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