Mood Media announces results of 2013 annual and special meeting

TORONTO, May 14, 2014 /CNW/ - Mood Media Corporation (ISIN: CA61534J1057) (TSX: MM / LSE AIM: MM) ("Mood Media" or the "Company") is pleased to announce that all resolutions were passed at its annual and special meeting of shareholders that was held yesterday in Toronto, Ontario, Canada.

In addition to the election of each of the nominee directors discussed in detail below, at the meeting Ernst & Young LLP were re-appointed auditors of the Company and the resolution to approve, ratify and confirm the Company's stock option plan was approved.

Election of Directors

According to proxies received and a vote by show of hands, the ten nominees set forth in the management information circular of the Company dated April 14, 2014 (the "Circular") were elected as directors of the Company to hold office until the close of the next annual meeting of the Company's shareholders or until their successors are duly elected or appointed.

The following are the voting results on this matter:

Director Number of Shares Percentage of Votes
Kevin Dalton Votes For: 115,799,380 99.99%
  Votes Withheld: 14,167 0.01%
Richard Kronengold Votes For: 115,796,780 99.99%
  Votes Withheld: 16,767 0.01%
James Lanthier Votes For: 111,128,788 95.95%
  Votes Withheld: 4,684,759 4.05%
Ross Levin Votes For: 115,799,380 99.99%
  Votes Withheld: 14,167 0.01%
David Richards Votes For: 115,799,380 99.99%
  Votes Withheld: 14,167 0.01%
Steven Richards Votes For: 115,796,380 99.99%
  Votes Withheld: 16,767 0.01%
Gary Shenk Votes For: 115,799,380 99.99%
  Votes Withheld: 14,167 0.01%
Harvey Solursh Votes For: 108,019,888 93.27%
  Votes Withheld: 7,793,659 6.73%
Philippe von Stauffenberg Votes For: 108,022,488 93.27%
  Votes Withheld: 7,791,059 6.73%
Richard Warren Votes For: 115,799,380 99.99%
  Votes Withheld: 14,167 0.01%

Appointment of Auditors

According to proxies received and vote by show of hands, Ernst & Young LLP were appointed as the Company's auditors for the ensuing fiscal year and the directors were authorized to fix the remuneration to be paid to the auditors.

The following are the voting results on this matter:

  Number of Shares Percentage of Votes Cast
Votes For: 126,564,456 99.99%
Votes Withheld: 12,197 0.01%

Confirmation, Approval and Ratification of the Company's Stock Option Plan

According to proxies received and a vote by ballot, the resolution to confirm, approve and ratify the Company's stock option plan, the full text of which is attached to the Circular and available on, was approved.

The following are the voting results on this matter:

  Number of Shares Percentage of Votes Cast
Votes For: 83,960,309 72.52%
Votes Against: 31,822,022 27.48%

About Mood Media Corporation
Mood Media Corporation (TSX:MM/ LSE AIM:MM), is one of the world's largest designers of in-store consumer experiences, including audio, visual, interactive, scent, voice and advertising solutions. Mood Media's solutions reach over 150 million consumers each day through more than half a million subscriber locations in over 40 countries throughout North America, Europe, Asia and Australia.

Mood Media Corporation's client base includes 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. Our marketing platforms include 77% of the top 100 retailers in the United States and 97% of the top 50 quick-serve and fast-casual restaurant companies.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking statements. The words "believe", "expect", "anticipate", "estimate", "intend", "may", "will", "would" and similar expressions and the negative of such expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements are subject to important assumptions, including without limitation, expected growth, results of operations, performance, financial condition, strategy and business prospects and opportunities. While Mood Media considers these factors and assumptions to be reasonable based on information currently available, they are inherently subject to significant uncertainties and contingencies and may prove to be incorrect.

Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking statements. Such factors include, but are not limited to: the impact of general market, industry, credit and economic conditions, currency fluctuations as well as the risk factors identified in Mood Media's management discussion and analysis dated May 8, 2014 and Mood Media's annual information form dated March 31, 2014, both of which are available on

Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. All of the forward-looking statements made in this press release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, Mood Media.

Forward-looking statements are given only as at the date hereof and Mood Media disclaims any obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable laws.

SOURCE: Mood Media Corporation

For further information:


Randal Rudniski
Mood Media Corporation
Tel: +1 (512) 592 2438

Dominic Morley
Panmure Gordon (UK) Limited
+44 020 7886 2500

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