BNET Industries

Muzak LLC

is in the Media Industry

Last Fiscal Year Sales:$248.6M
  • Private
  • US
Dow Jones Description

Muzak LLC (Muzak) believes that it is the leading provider of business music programming in the United States. Muzak is a wholly owned subsidiary of Muzak Holdings LLC, previously known as ACN Holdings, LLC. ACN Holdings, LLC was formed in September 1998 pursuant to the laws of Delaware and Muzak LLC began its operations on October 7, 1998 with the acquisition of independent franchisees from Audio Communications Network, Inc. On March 18, 1999, Muzak Limited Partnership merged with and into Audio Communications Network LLC. At the time of the merger, ACN changed its name to Muzak LLC. We refer to Muzak Holdings and its subsidiaries collectively as the Company. Our two core products are Audio Architecture SM and Voice SM . We provide our products to numerous types of businesses including specialty retailers, restaurants, department stores, supermarkets, drug stores, financial institutions, hotels, health and fitness centers, business offices, manufacturing facilities and medical centers, among others. During 2006, our top twenty clients represented approximately 15% of our revenues with no single client representing more than 5% of our revenues. Our clients typically enter into a non-cancelable five-year contract that renews automatically for at least one additional five-year term unless specifically terminated at the initial contract expiration date. ...

Chief Executive Officer
Gregory Rayburn
Number of Employees 1,261
Contact Information

3318 Lakemont Blvd

Fort Mill, South Carolina 29708

www.muzak.com

(803) 396-3000

NAICS Code Other Sound Recording Industries: 512290

Recent Events

  • Muzak files Chapter 11 plan

    9/10/09 - Bankruptcy Filings - View Story

  • Muzak's Branding Services Retained by The Picture People Portrait Studios

    6/29/09 - Joint Venture / Alliance - View Story

  • Muzak Partners with RightsFlow for Mechanical Licensing and Royalty Services

    5/21/09 - Joint Venture / Alliance - View Story

News & Analysis

muzak llc - All News and Analysis

  • Muzak Holdings LLC Announces First Quarter Results

    - 2008-05-15

    Operating Summary excludes DMX transaction related amounts: Positive free cash flow increases from $2.5 million to $4.9 million EBITDA decreases 4.8% for the quarter over prior year; increases 2.4% on a sequential quarter basis FORT MILL, S.C. -- Muzak Holdings LLC ("Muzak" or the "Company"), a leading...

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  • Muzak LLC Ends Strategic Alliance with Teknovation Corporation

    - 2005-12-23

    CHARLOTTE, N.C. -- Muzak LLC and Teknovation Corporation jointly announced today that they have reached an agreement to terminate the parties' Strategic Alliance. The Strategic Alliance originally was entered in March of 2004 in connection with Muzak LLC's sale of its Focus SolutionsTM business to Teknovation. When owned by Muzak...

    Tags: Muzak LLC, Teknovation Corp.

  • The Herald, Rock Hill, S.C., Business Briefs Column.

    - 2003-11-07

    By Caroline Brustad, The Herald, Rock Hill, S.C. Knight Ridder/Tribune Business News Nov. 7--MUZAK SHOWS INCREASE IN THIRD-QUARTER EARNINGS: Muzak LLC announced Thursday that its total income for the quarter ended Sept. 30 was $59.3 million, compared to $56.2 million for the same...

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  • The Denver Post Business Briefs Column.

    - 2003-10-17

    The Denver Post Knight Ridder/Tribune Business News Oct. 17--ECHOSTAR BIDS FOR LORAL SATELLITES, SLOTS: EchoStar Communications has bid $1.029 billion for the six North American satellites and orbital slots of bankrupt Loral Space & Communications. The bid Wednesday followed...

    Tags: EchoStar Communications Corp., Intelsat Ltd., Loral Space & Communications Ltd., Muzak LLC

  • Muzak LLC Announces Fourth Quarter Results

    - 2003-02-28

    Business Editors FORT MILL, S.C.--BUSINESS WIRE--Feb. 28, 2003 Muzak LLC ("Muzak" or the "Company"), the leading provider of business music services in the United States, today announced financial results for the quarter and year ended December 31, 2002. Music and other business services revenue for the quarter...

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  • Muzak LLC Announces Third Quarter Results

    - 2002-11-06

    Business Editors FORT MILL, S.C.--BUSINESS WIRE--Nov. 6, 2002 Muzak LLC ("Muzak" or the "Company"), the leading provider of business music services in the United States, today announced financial results for the quarter ended September 30, 2002. Music and other business services revenue for the quarter ended September...

    Tags: Company, Muzak LLC

  • Muzak LLC Announces Fourth Quarter Results

    - 2002-04-01

    Business Editors FORT MILL, S.C.--BUSINESS WIRE--April 1, 2002 Muzak LLC ("Muzak" or the "Company"), the leading provider of business music services in the United States, today announced financial results for the quarter and year ended December 31, 2001. Music and other business services revenue for the quarter...

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  • Muzak LLC Announces Additional Revolving Commitments

    - 2002-03-29

    Business Editors FORT MILL, S.C.--BUSINESS WIRE--March 29, 2002 Muzak LLC has obtained a waiver of its violation of the maximum consolidated capital expenditures covenant under the Senior Credit Facility from the requisite lenders for the period ending December 31, 2001. In addition, Muzak LLC has increased its...

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  • Muzak LLC Announces Third Quarter Results

    - 2001-11-06

    Business Editors/Entertainment Writers FORT MILL, S.C.--BUSINESS WIRE--Nov. 6, 2001 Muzak LLC ("Muzak" or the "Company"), the leading provider of business music services in the United States, today announced financial results for the quarter ended September 30, 2001. Music and other business services revenue for the quarter ended...

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  • Muzak LLC Announces New Chief Operating Officer

    - 2001-10-10

    Business Editors FORT MILL, S.C.--BUSINESS WIRE--Oct. 10, 2001 Muzak LLC ("Muzak") announced today that Stephen Villa has been named Chief Operating Officer. Steve joined Muzak in September 2000 as Chief Financial Officer and will continue to serve in such capacity in addition to his role as Chief...

    Tags: Company, Muzak LLC

Decision Makers

Name (plus bio) Position
Gregory Rayburn Chief Executive Officer
Stephen P. Villa Chief Executive Officer
David Moore Chief Technology Officer
R. Dodd Haynes CFO
Thomas J. Gantert Chief Operating Officer
Kenneth Kahn Senior Vice President, Operations
Bob Finigan Vice President, Marketing
Mike Zendan General Counsel, Vice President and Secretary
Daryl Ballou Senior Systems Engineer

Board of Directors

Name (plus bio) Position
J. Travis Hain Board of Directors
Robert MacInnis Board of Directors
Royce Yudkoff Board of Directors
Scott R. Poole Board of Directors

Organization Position Status
Magna Entertainment Corp. Interim Chief Executive Officer Current
Muzak LLC Chief Executive Officer Current
Fti Palladium Partners Senior Managing Director Current
AAIPharma, Inc. Interim Chief Operating Officer Former
Fti Palladium Partners Practice Leader Current

Organization Position Status
Muzak LLC Chief Executive Officer Current
Muzak LLC CFO, COO & Treasurer Former
Harman Consumer Group Controller Former

Organization Position Status
Muzak LLC Chief Technology Officer Current
Muzak LLC Senior Vice President, Technology Operations Former

Organization Position Status
Muzak LLC CFO Current

Organization Position Status
Muzak LLC Chief Operating Officer Current
Salt Lake City Corp Regional Vice President Former

Organization Position Status
Muzak LLC Senior Vice President, Operations Current

Organization Position Status
Muzak LLC Vice President, Marketing Current

Organization Position Status
Muzak LLC General Counsel, Vice President and Secretary Current

Organization Position Status
Muzak LLC Senior Systems Engineer Current

J. Travis Hain has served as Director since November 2006. He is the managing partner of Banc of America Capital Investors and was one of its founders in 1993. He has been with Bank of America and its predecessor for more than twenty years. Mr. Hain is presently a director or the equivalent of Eurofresh and FlexSol Packaging Corporation.

Organization Position Status
Superior Bancorp Managing Partner Current
Muzak LLC Board of Directors Current

Robert P. MacInnis has served as Director since November 2003. He is a partner of ABRY Partners, a private equity firm which focuses exclusively on media and communication companies. Prior to joining ABRY Partners, he was Chief Financial Officer of Weather Services Corporation, an ABRY portfolio company. From 1991 to 1997, he was associated with PricewaterhouseCoopers, where he was a senior manager in the Mergers and Acquisitions Group. Mr. MacInnis is presently a director or the equivalent of various companies including Hispanic Yellow Pages Network LLC and Consolidated Theatres.

Organization Position Status
ABRY Partners Inc. Partner Current
Muzak LLC Board of Directors Current
PricewaterhouseCoopers senior manager in the Merger and Acquisition Group Former
Boston University Certified Public Accountant Former
Boston University MBA Former
Merrimack College graduate Former

Organization Position Status
ABRY Partners Inc. Chief Executive Officer Current
ABRY Partners Inc. Board of Directors Current
Penton Media, Inc. Board of Directors Current
Nexstar Broadcasting Group, Inc. Board of Directors Current
Cast, Inc. Board of Directors Current
USA Mobility, Inc. Board of Directors Current
Muzak LLC Board of Directors Current
Bain & Company partner Former
ABRY Partners Inc. Owner Former
Metrocall, Inc. Director Former
Dartmouth College honors graduate Former
Harvard Business School graduated as a Baker Scholar Former

Scott R. Poole has served as a Director since November 2006. He is a partner with Banc of America Capital Investors. Prior to joining Banc of America Capital Investors in 1995, he was an analyst at First Union Capital Partners, the principal investment group of the former First Union Corporation. Mr. Poole is presently a director of National Seating and Mobility, Inc. and OrthoNet Holdings Inc.

Organization Position Status
Superior Bancorp Partner Current
National Seating Co. Director Current
Mobility, Inc. Director Current
Muzak LLC Board of Directors Current

Executive News

  • Hearing on examiner in Magna bankruptcy postponed

    Seattle Times - 7/07/09 - View Story

  • Muzak's Branding Services Retained by The Picture People Portrait Studios

    dBusinessNews.com - 6/29/09 - View Story

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