Abony recognized by Ernst & Young for entrepreneurial excellence in
Media and Entertainment
TORONTO, Nov. 4, 2011 /CNW/ - Mood Media (TSX: MM) (LSE AIM: MM) CEO and
Chairman, Lorne Abony wins the media and entertainment category at the
2011 Ernst & Young's Entrepreneur of the Year Awards. The award
recognizes his tremendous contribution to the growth and evolution of
the in-store media industry and the dynamic leadership he demonstrates
at Mood Media.
Lorne is revolutionizing in-store media services, to the benefit of
retailers and retail brands throughout North America, Europe and Asia.
With entrepreneurism in his DNA, Lorne is a catalyst for change in the
industry and has introduced innovations in technology, licensing, and
media delivery. Under his leadership, Mood Media is growing in every
market, scaling the services it provides to global brands, and
delivering results for shareholders.
It's been a fantastic week," said Lorne. "We announced our Q3 results,
which continue to demonstrate the success of our business model and now
winning this award, which I'm truly excited about and honoured by."
"The key to this success is to never stand still. I am continuously
looking for something new, interesting and something that will add
value to our stakeholders. Our greatest satisfaction remains delivering
results for our clients. We work hard to improve the shopping
environment and we help our clients to increase sales through our
in-store communication channels."
The Entrepreneur Of The Year Awards celebrate the contribution and
spirit of entrepreneurs everywhere. The Canadian program is in its 18th
year of honouring 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
and encryption software to in-store media services, and has raised more
than $1 billion in capital over the past 10 years.
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
Der Grüne Punkt - Duales System Deutschland GmbH ("Green Dot" or "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), named Canada's fastest
growing company by PROFIT Magazine, 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.
Operating through its two principal divisions; In-Store Media and Retail
Point-of-Purchase, Mood Media Corporation works with over 470,000
commercial locations in over 40 countries throughout North America,
Europe, Asia and Australia. Through its subsidiaries Mood Media, Muzak
and Mood Entertainment, Mood Media Corporation's products and services
reach 100 million people every day.
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
SOURCE Mood Media Corporation
For further information:
For more information on Mood Media Corporation visit www.moodmedia.com