Mood Media Corp.
Hypergrowth seems to be in this firm’s DNA; after being named Canada’s Fastest-Growing Company in 2011 and No. 2 in 2012, its growth rate remains in overdrive. More than 800 retail chains around the world—McDonald’s is a big client—use its background music, signage and “scent media” to increase point-of-purchase sales. And for good reason: the company boasts the largest catalogue of licensed in-store music in the world, with seven million tracks at its disposal. That, combined with an aggressive approach to acquisitions (the firm bought industry mainstay Muzak in 2011) and a less expensive pricing structure that customers love, has been Mood Media’s ticket to the top.
|Founded: 2004||Chief Executive(s): Lorne Abony||Stock Ticker: TSX: MM|
|Website: www.moodmedia.com||Head Office: Vaughan, Ont.|
|Growth 2007-12 (%): 41,364||Revenue 2012: 443,823,000||Reporting $: USD|
|Exports as % of Sales: 95||Employees 2012: 2,625||Employees 2007: 29|