Mood Media To Acquire TSG Media?
Adrian J Cotterill, Editor-in-Chief
There’s a very strong rumour in the UK that Mood Media (and god knows how they can afford to do this) is on the acquisition trail again.
As TSG Media have been touting themselves around for at least a year it’s not too surprising that they are the target. We are told by a reliable source that a deal is imminent.
Mind you, given the rumours we hear about drops in service levels from Mood Media – culminating with several large clients ‘being at risk’ it is a bit surprising that they (Mood) want to buy themselves even more problems. It’s also more debt to add to the pile of course.
March 8th, 2012 at 19:12 @841
It’s simple, Adrian. You merely go out and raise money from new investors in order to pay off the previous investors. There’s a term for that, but it’s slipping my mind…
September 28th, 2012 at 13:54 @621
TSG Media is a fiercely independent company which is owned, financed and managed by the shareholders. TSG Media is not being sold to Mood Media.
Paul Stead
Managing Director
tsg – media programming & systems