Silver Point Capital and Muzak Holdings in Sale of Muzak to Mood Media Corporation

April 1, 2011

Cleary Gottlieb is representing Silver Point Capital, a private equity firm, and Muzak Holdings, a premier provider of music, messaging and video for business, in connection with the proposed acquisition of Muzak by Mood Media Corporation, a leading in-store media specialist. Under the terms of the merger agreement, a subsidiary of Mood will merge with and into Muzak, with Muzak unitholders receiving cash and contingent consideration in exchange for their units in Muzak. The transaction values Mood at approximately $345 million on an enterprise basis.