Will Muzak Headquarters stay in Fort Mill SC?
Last Thursday March 24th, 2011, Toronto based Mood Media announced it has entered into a definitive agreement to acquire Muzak Holdings LLC (“Muzak”), a privately-held company based in Fort Mill SC, for 345 million.
Muzak, which started in 1934 playing phonograph records for hotels and restaurants, currently delivers its product to subscribers over satellite radio. Muzak relocated to Fort Mill SC in 2000 from Seattle. The company filed for chapter 11 bankruptcy protection in February 2009 and then successfully emerged from bankruptcy last year after restructuring its debt.
Mood Media uses an Internet-based delivery system and operates an international in-store media and music retail business with an extensive geographic footprint and a broad client base including several multinational blue chip organizations. (more…)



















