LONDON, 19 March 2012 – Panmure Gordon & Co, a leading independent institutional stockbroker and investment bank, is pleased to advise that it has acted as nominated adviser and broker to Mood Media Corporation (AIM: MM/TSX:MM) on a placing to raise a total of £73.5m.

Mood Media placed 31,800,000 shares at an issue price of 231p, representing an 8% premium to the closing price on 16 March 2012. The proceeds will be used to satisfy the consideration payable in connection with the company’s acquisition of DMX Holdings Inc.

Mood Media, 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.