Mood Media CEO Lorne Abony Nominated for Ernst & Young Entrepreneur of the Year in Ontario

Mood Media CEO Lorne Abony Nominated for Ernst & Young Entrepreneur of the Year in Ontario

TORONTO, July 8, 2011/PRNewswire/ --

Award Honors Canada's Most Impressive Entrepreneurs

Mood Media Corporation (TSX:MM/ LSE AIM:MM), the leading global provider
of in-store media, music, digital signage and scent solutions, today
announced that CEO and Chairman Lorne Abony has been named a finalist for
Ernst & Young Entrepreneur of the Year.

The Canadian Entrepreneur of the Year program is in its 18th year of
honoring the country's most impressive entrepreneurs from all areas of
business. Award winners are chosen based on their vision, leadership,
financial success and social responsibility.

Mr. Abony is a successful entrepreneur with a strong track record in
creating shareholder value in ventures ranging from online pet supplies to
encryption software, and has raised more than $1 billion in capital over the
past 10 years.

"Businesses - and countries - don't grow by standing still," said
Colleen McMorrow, National and Ontario Director of Entrepreneur of the Year.
"Entrepreneurial thinking empowers companies to generate new jobs, open new
doors and seize new opportunities."

Formed by Abony in 2005, Mood Media has become a global leader through a
combination of disruptive innovation in music licensing and media
convergence and a series of strategic acquisitions. In May 2011 Mood Media
acquired Muzak for US$345 million to create the largest in-store media
provider in the world, nearly five times the size of its next largest
competitor. In June 2011, Mood Media was named Canada's Fastest-Growing
Company by PROFIT Magazine.

"I am proud to be recognized for entrepreneurial achievement," said
Lorne Abony, CEO and Chairman of Mood Media Corporation. "I am confident
that more opportunities lie ahead for me, for our company, and for
businesses across Canada."

A native of Toronto, Canada, Abony has an MBA from Columbia Business
School, an L.L.B. from the International Law Centre at the University of
Windsor and a B.A. from McGill University. He sits on the board of the
Boston Foundation for Sight, and the advisory board of Der Grüne Punkt -
Duales System Deutschland GmbH (DSD) a leading provider in the growing
market of closed-loop recycled consumer and commercial packaging.

About Mood Media Corporation

Mood Media Corporation (TSX:MM/ LSE AIM:MM) is a leading in-store media
specialist that uses a mix of music, visual and scent media to help its
clients communicate with consumers with a view to driving incremental sales
at the point-of-purchase.

Through its subsidiaries Mood, Muzak and Mood Entertainment, Mood Media
Corporation's products and services reach 150 million people every day in
more than 470,000 locations across 40 countries throughout North America,
Europe, Asia and Australia.

Mood Media Corporation operates an international in-store media and
music retail business with an extensive geographic footprint and a broad
client base including 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.

For further information:

For more information on Mood Media Corporation visit
http://www.moodmedia.com or contact:

Jeremy Jacobs
Fleishman Hillard Inc. (New York)
+1-212-453-2498
Jeremy.jacobs@fleishman.com

Alan O'Sullivan
Fleishman-Hillard (London)
+44-20-7395-7017
alan.osullivan@fleishmaneurope.com

Source: Mood Media Corporation

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